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 5.2% and reach £1.9 billion. In the current year, it is expected to grow by 5.3%. 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 communications activities. Support services, navigation, earth observation and other services account for the remainder.
Demand for telecommunications services has proved robust despite the recession... purchase to read more
Industry Report - Industry Analysis Chapter
Over the five years through 2014-15, the revenue generated by the Satellite Telecommunications Activities industry is expected to grow at a compound annual rate of 5.2% to £1.9 billion. The UK space sector as a whole has expanded despite the recession and, as a high technology industry, it has been the focus of significant government interest. Much of the expansion over the past decade has been driven by the communications and navigation segments because satellite TV has taken off and global mapping has been commercialised. IBISWorld expects revenue growth of 5.3% in 2014-15.
The diversity of the industry's downstream markets has helped to insulate it from a downturn in demand from any one area... purchase to read more