Report: The Socio-Economic Value of Satellite Communications (GSOA 2023)

Source: GSOA

Introduction

The purpose of this study is to assess the socio-economic benefits of satellite communications (satcoms) in different use cases across the globe. Satcoms provides meaningful connectivity that complements terrestrial networks and contributes to the delivery of universal service and coverage.

Terrestrial infrastructure can be severely limited by economic and physical constraints, such as the cost of deploying extensive networks, engineering to reach remote areas and unsustainable energy consumption. 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.

As of September 2022, 2.7 billion people worldwide were not online. Satellite connectivity can significantly help reduce this digital divide and bring broadband to many more people. However, a predictable regulatory and spectrum environment is critical to achieve this goal.

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