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Exploring Opportunities for Indian Downstream SpaceTech

The report titled “Exploring Opportunities for Indian Downstream SpaceTech” is nasscom’s first report on the SpaceTech sector. The aim of this report is to understand the potential market value for the downstream segment across three major satellite application areas: Remote Sensing/Earth Observation, Positioning, Navigation, and Timing (PNT), and Satellite Communication. The estimated value over the next five years is a broad reflection of the current condition, which is determined by commercial viability, impact, and technological feasibility as of today. The report also emphasizes the dual use nature of space technologies which will combine commercial opportunities with national security and geopolitical developments.

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Key Findings

Downstream segments in the space value chain have potential to generate significant commercial value
  • Key segments in downstream: Earth Observation (EO), Satellite Communication (SatCom), Positioning, Navigation & Timing (PNT)
  • The analysis includes 25+ use-cases in the above sub-segments that is poised to make a significant impact over the next five year
Earth observation market to expand significantly
  • Remote sensing data and applications is actively used in various sectors including agriculture, natural resources, disaster management, biodiversity conservation etc.
  • Agriculture and natural resource based selected use cases has a market potential of USD 2.5+ billion in the next 5 years
Satellite communication market witnessing shifting trends and evolving business models:
  • Traditional avenues like broadcasting, internet services remain significant but untapped markets such as inflight connectivity, logistics, OTT etc. offer potential areas of growth
  • DTH market remains consistent with a market potential of USD 12+ billion in the next 5 years
Exploring dual use nature of space technologies
  • Indian space technologies are being used extensively in defense as well as civilian services / infrastructure development etc.
  • Key focus areas: Intelligence, Surveillance and Reconnaissance; Strategic communications; Guidance; Space security

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