27/03/2023
The Socio-Economic Value of Satellite Communications
Today 2.7 billion people worldwide are still not online! Satellite connectivity can significantly help reduce this digital divide and bring broadband to many more people. Satellites offer a cost-effective means to cover large swaths of the earth surface, reaching people where terrestrial networks are unavailable, generating substantial direct and indirect social and economic benefits of satellite broadband, which are expected to double to $52 billion by 2030.
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