Vivek Suresh, NSR Analyst and author of the report, said that incumbents extending to new geographies, emergence of GEO/MEO/LEO HTS offerings, entry of new players, innovation in the ground segment, dropping capacity prices, new solution offerings, system upgrades, and new business models; all add to a chaotic, but game-changing, recipe where ecosystem development will lead.
Alongside more traditional applications in the energy, transportation, civil government & military sectors, prime amongst today’s fastest growing verticals is the Services sector, commented NSR analyst Shivaprakash Muruganandham in a report.
NSR estimates that the biggest markets for big data via satellite will be in transportation, government/military and oil & gas – sectors where teleport operators are deeply embedded.
Report author and Principal Analyst Brad Grady said that just as is being seen in the commercial mobility SATCOM markets, HTS is fueling the growth in satellite connectivity services across all aspects of Government and Military operations.
NSR stresses that service penetration outside North America is still at minimal levels and they project solid growth coming from this business vertical. However, one must keep in mind that revenues per user extracted in emerging markets will be significantly smaller than the $84.26 ARPU that ViaSat realizes in the U.S.