Looking at the smallsat market, one of the biggest variables that impacted NewSpace Global’s forecast was the percentage of growth that the firm believed would be captured by smallsats in the analysts’ top down modeling.
As an example, the company believes the global SATCOM market will exceed $100 billion by 2030 — Starlink is believed to cost ~$20 million a month to operate and is making ~$300 million a year.
The company believes that Starlink alone could produce almost $1 billion in revenue by 2030 (about 10% of the company’s total smallsat market) assuming it grows consistently with the 15-17% growth that is expect to be sees across the market – in this particular case, it is difficult for to predict user conversion – there are only a billion people without a cell phone, so to achieve a subscriber base of 900+ million, Starlink would need to capture nearly 100% of non-cell phone users, or convert a substantial number of cell phone users to Starlink.
This report goes beyond the standard market sizing and seeks to provide investors, industry leaders, executives, and space enthusiasts a better understanding of the trends impacting growth over the next 10 years in the smallsat ecosystem.
Don’t be unprepared — download a copy of the report today at this direct link…