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How are the market opportunities for mobile satellite services? How does Europe compare to other parts of the world?

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How are the market opportunities for mobile satellite services? How does Europe compare to other parts of the world?

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The satellite industry is a €77 billion market worldwide, growing at 16% in 2007. The economic impact of satellite services is also growing – in 2007, they generated approximately €38 billion in revenue, which is about 60% of the global revenue of the satellite industry, and 18% more than in 2006 (Furton Corporation, 2008).

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