The rest of this report details the observations and findings from this extensive study, derived from the site visits in the United States and around the world, which were conducted to derive a first hand assessment of the state of the global satellite communications industry in 1997/98. Chapter 2 discusses market forces and future drivers which will fashion the satellite communications business in the years ahead. Chapters 3 and 4 describe key technology trends in satellite systems, and ground and launch systems. Chapter 3 focuses on space segment technologies, while Chapter 4 discusses ground segment technologies, together with technologies related to networking and interoperability. Launch systems technologies are also discussed in this chapter. Chapter 5 discusses key policy and regulatory issues, which may be determining factors in the success or failure of some of the ventures currently on the drawing board. The final chapter, Chapter 6, presents a country-by-country or regional perspective which bridges the gap between individual site reports and the overall global situation.