Satcom Revenue to Hit $141B by 2030: ABI

Satellite communications revenue should hit $141 billion annually by 2030, with the growth driven by low earth orbit constellations and satellite work extending terrestrial network coverage, ABI Research said Wednesday. It said there will be a big fight over rural and remote consumer data service market share, with that market being one of the key drivers of growth over the next decade. It said consumer and enterprise customers should top 53 million by 2030.