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Four Megatrends Elevating The Commercial Space Industry

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Four Megatrends Elevating The Commercial Space Industry

Summary

  • Megatrends like Internet of Things (IoT), the Amazon Effect, Uberization of the service economy, and the remote/virtual workplace are supporting a larger thesis underlying the worldwide digital transformation.
  • The digital transformation involves real-time data exchange and connectivity for individuals, corporations, and governments.
  • Commercial satellites could provide broader and more efficient global coverage as the world becomes more tech-driven and requires infrastructure beyond the means of current land-based networks.

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