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 SWOT Analysis Chapter
The UK Satellite Telecommunications Activities industry has been established for some time, but exhibits many of the characteristics of a growing industry. Industry value added, a measure of the industry's contribution to the overall economy, is estimated to grow at a compound annual rate of 3.3% over the 10 years through 2019-20. The UK economy is expected to average slower growth of 2.2% over the same period. The industry's strong performance will be fuelled by the pace of technological innovation. It is expected that the upstream space sector's own capacity for technological change and government support for the UK Space Agency will also contribute... purchase to read more