The satellite industry has been transformed in recent years from one with a few, mostly government-controlled, high-orbit vehicles into one with a proliferation of smaller, low-orbit constellations of multiple satellites dominated by commercial enterprises. All that has given the global economy and mobility systems in particular access to new data and applications that are leading to major efficiencies in the operation of various networks and ultimately better service for end users.
They include everything from systems that monitor airport operations and provide dynamic roadway traffic management to automated rail and public transport services that enable automated ticketing and trip planning. By our estimates, these markets should see annual growth of 5% to 10% through 2030, but they need more players with vision to realize their true potential.
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