Omdia: Sovereign verticals set to spend $15 billion on low-earth orbit economy connectivity by 2030

LONDON--(BUSINESS WIRE)-- #LEO--Enterprises with fail-safe, mission-critical connectivity needs will spend $15.3 billion on low-earth orbit (LEO) satellite connectivity by 2030, according to Omdia's Enterprise LEO Forecast 2025-30. Broadband connectivity will account for 94% of LEO enterprise revenues, with direct- to-device (D2D) subscriptions making up the remaining 6%. "The heartland of LEO opportunity lies among public and private enterprises with isolated operations and high-performance requiremen. ...