Euroconsult Maintains Positive Outlook on Satellite Industry Growth
Paris, August 2, 2010--Despite a limited market slowdown, the fixed satellite market reached a new high in revenues last year, according to Euroconsult’s soon-to-be-released report “Satellite Communications & Broadcasting Markets Survey, Forecasts to 2019.” The fixed satellite sector grew both in terms of transponder demand (+5.3%) and revenue reaching $10.3 billion revenue in 2009. The company maintains a positive outlook for the future of the industry. Television broadcasting and emerging markets continue to be the primary growth drivers, with satellite broadband service (“BBS”) systems contributing to growth as well.