Demand for cybersecurity-oriented quantum communications will reach $2.6 billion by 2030, with key customers in government, military, banking and energy. “We believe there will be a markup” for quantum communications, Northern Sky Research (NSR) consultant Arthur Van Eeckhout told Connectivity Business, as some customers will be willing to pay for the most secure communications. NSR.
Satellite Flexibility Requirements to Dominate Next Decade as Expectations Push Manufacturing Orders Cambridge, MA – October 10, 2021 – NSR’s new report Software-Defined Satellites (SDS), launched today, sees growing satellite flexibility requirements trigger an $86.9 Billion cumulative revenue opportunity by decade’s end. Non-GEO- HTS constellation satellites will lead uptake with 95% demonstrating full or partial flexibility as software-defined platforms by.
NSR’s Satellite-Based Earth Observation, 13th Edition (EO13) report, which finds multiple trends converging to achieve a longstanding industry goal, an open EO market. Driven by Gov/Mil customers and a rapidly growing commercial demand, derived EO data products present a $73 Billion opportunity, as new business models push ground segment evolution boosting revenues.
But there are also other lucrative markets connected to the space industry, such as space debris removal services, or satellite servicing companies, which refuel or repair space satellites while in orbit. According to a report from Northern Sky Research this could become a $3.2 billion market opportunity by 2030.
Quantum communications, a niche application of quantum computing, involves using entangled light particles, photons, to securely transfer information. Today, Chinese citizens are the first in line to benefit from space-enabled quantum communication services. In response, Europe and North America have taken steps to ensure their citizens too may benefit from this advanced level of security..