Global Economic Crisis has Little Effect on Satellite Capacity Leasing Market

by NSR

CAMBRIDGE, MA - November 9, 2010 - According to NSR’s just released Global Assessment of Satellite Supply and Demand, 7th Edition study, the worst global economic crisis since The Great Depression did little to slow down the worldwide commercial satellite capacity leasing market. NSR's study estimates the industry picked up over $400 million in new leasing revenues in 2009, reaching US$9.7 billion as of the end of the year. Further, results so far in 2010 indicate the sector could add another US$500 million or more this year alone and increase total commercial satellite capacity leasing revenues by US$6.6 billion over the ten-year period between 2009 and 2019.