Satcom Mobility Takes the Wheel in Cloud Demand
Which verticals drive the majority of satcom cloud service demand, and what are the implications of cloud adoption?
Which verticals drive the majority of satcom cloud service demand, and what are the implications of cloud adoption?
For years the “connected car” has been the holy grail of broadband land mobile connectivity, with operators left and right trying to solve the market puzzle to get flat panel antennas (FPAs) on anything that moves. However, in 2023, this market has now finally become “real”, but not in line with the plethora of announcements of passenger cars over the past years, but rather, due to demand from recreational vehicles (RVs).
NSR’s In-Orbit Services: Satellite Servicing, ADR & SSA, 6th Edition report forecasts the market to generate $14.3B cumulatively by 2032, with Life Extension (LE) driving 44% of total market revenues.