Commercial #Satcom market is recession proof

We came across an interesting article today which points to the phenomenal recent growth in the commercial satellite communications market. The market for satcoms equipment is fighting fit despite the global recession and looks set to maintain its pivotal position in the burgeoning communications market.

The article points to a number of important growth factors in the satcoms market that have lead to an increased demand for satellite services. In the commercial realm, demand for high definition video and broadband internet services have helped to increase the need for satellite capacity and forced operators to expand their operations to all areas of the globe. As broadband internet moves from being a value-add to a must-have service, satellite technology is increasingly called upon to deliver broadband to remote or rural areas that are beyond the traditional communications infrastructure.

Governments are also helping to drive the demand for commercial satcoms. With budgets squeezed and large infrastructure projects untenable, many government agencies are opting to lease capacity on commercial satellites, hosting payloads and purchasing orbit time rather than investing in their own satellite infrastructure.

It all points to a relatively upbeat mid-term for the commercial satcoms market.