Business News: NSR Satellite Enters Execution Phase In Backhaul Report Projects Market With 12.9% YoY Revenue Growth
New release of NSR Wireless Backhaul Via Satellite, 16th version Wireless backhaul through satellite market enters a significant period of execution with 12.9% year-on-year revenue growth. Only scratching the surface of the opportunity, the segment targets a total unreserved addressable market of 28.4 Tbps as compared to today’s total capacity demand. 600 Gbps. Bridging the gap between current demand and this huge addressable market is essential for LEO, MEO and GEO satellites and business plans across all sectors. While shipping delays, ecosystem developments and COVID-19 headwinds impacted market players, growth potential is significant as satellite continues to overcome backhaul challenges, as a key vertical for Satcom’s growth is consolidated.