Industry Analysis & Industry Trends
The UK Satellite Telecommunications Activities industry has been a star performer in recent years. Over the five years through 2014-15, revenue is forecast to grow at a compound annual rate of 3.9% to reach £1.7 billion. In the current year, revenue is expected to grow by 1.5%. Companies in the industry operate and provide access to satellite infrastructure. They also purchase network access they can sell on to telecommunications operators, other businesses and the government. The bulk of industry revenue is derived from broadcasting TV and radio stations, with revenue also stemming from carrying phone, video and data streaming, and Earth observation.
Demand for telecommunications services has proved robust despite the recession... purchase to read more
Industry Report - Industry Locations Chapter
The South East, London and the South West
London, the South East and the South West are home to just 56.1% of industry locations in 2014-15. This reflects the area's position as the hub of high-technology business in the United Kingdom and the links between the Satellite Telecommunications Activities industry and communications industries, which are similarly concentrated in the South East. According to a report released by the UK Space Agency in 2014, 63% of employees in the space sector work in these three areas, demonstrating the importance of links between upstream and downstream businesses. Many of the most skilled employees live in or near London, meaning companies that locate their businesses there can easily attract the right level of worker... purchase to read more