NSR’s Big Data Analytics via Satellite, 4th Edition report, published today, finds continued growth for downstream Big Data applications through the next decade. NSR sees this growth driven by applications built on Earth Observation and M2M/IoT satcom data across multiple market verticals.
M2M and IoT over satellite have mainly been implemented in cargo and transport applications, as well as in energy markets. However, one application (agriculture) is expected to buck the existing trend and achieve outsized returns…how can operators capture this growth, and excel in this increasingly competitive market?
In this sense, 5G will be transformational in many aspects of the Satcom ecosystem: from stimulating demand in many segments, seamlessly integrating Satcom in the mainstream Telco ecosystem or becoming a tool for optimizing Satellite Network design and operations.
In the business of Earth Observation, positioning is just as key. While the industry is well-established, with imagery setting the pace and breaking away as the front-runner, a non-imagery market is emerging.
Need for Connectivity Only Grows for both COMSATCOM and MILSATCOM Assets, but Slowdown Potential in Medium to Longer Term