Industry Analysis & Industry Trends
In 2011, industry recorded revenue of estimated $245.5 million, up 12.3% from 2010, due to further recovery of overall economy. Further, as an emerging high tech industry that provides various communication services, it has great market potential. In the past five-year period to 2011, industry revenue increased at an annualized rate of 14.6%.
Industry revenue declined by 9.0% in 2009 due to a major re-adjustment within the industry. This followed the spike in the industry's development in 2008 stemming from rapidly rising demand from the Beijing Olympic Games. With strong recovery of overall economy, industry revenue rebounded strongly by about 15.0% in 2010 to $218.6 million.... purchase to read more
Industry Report - Industry Analysis Chapter
The performance of the Satellite Transmission Services industry is influenced by downstream demand for Global Positioning Systems (GPS), satellite telecommunication services and satellite television services. The coverage of major sporting events can also have major effects on the industry's performance from year to year.
With more diversified satellite transmission services to satisfy increasing users, industry revenue is forecast to experience a 12.3% growth in 2011, to about $245.5 million. Further, in terms of areas, technology development within the industry also made it possible to deliver services to remote regions... purchase to read more