Satellite Revenue, Numbers and Capacity Up: SIA Annual Report

Worldwide satellite industry revenue rose 2% in 2023 from a year earlier and would have jumped 5% if not for a decline in video distribution, the Satellite Industry Association said Thursday in its annual state of the industry report. As of year's end, 625 active satellites were in geostationary orbit, 29 more than 2022, and 9,066 in non-geostationary orbit (NGSO), 2,346 more than 2022. U.S. entities operate more than 6,500 of the satellites, some in partnership with other nations, it said. Roughly 1 Tbps of high-throughput capacity was deployed in 2023, the report said. In addition, NGSO deployments total close to 170 Tbps of capacity. Operators plan on deploying nearly 150 Tbps through 2028, the vast majority of that from NGSO constellations in development.