SIA Survey Shows Growth From Government Services
The Satellite Industry Association (SIA), in cooperation with the Satellite Broadcasting & Communications Association (SBCA) and the Global VSAT Forum (GVF), issued a 2003 “State of The Satellite Industry” report that shows the industry amassed $91 billion in total worldwide revenue last year to mark a 6-percent rise from 2002.
Much of the growth is due to substantial increases in government and military spending on fixed and mobile satellite services, said David Cavossa, acting executive director of SIA. The analysis, performed by the Bethesda, Md.-based market-research firm Futron Corporation, also included information about employment, revenue and other relevant trends in the satellite services; launch services; satellite manufacturers; and ground-equipment manufacturing sectors.
Another source of growth was consumer satellite services that helped to offset declines in other sectors hindered by overcapacity, Cavossa said.
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