Fewer independent satellite operators will make it more difficult for new operators to enter the market, according to analysts at Northern Sky Research. Future participants will also likely struggle to come up with the same abilities as those who have joined forces. However, even if fewer operators mean less competition to lower prices, NSR analysts.
The accessible Total Addressable Market (TAM) for Intuitive Machines is approximately $120 billion over the next decade, with approximately $105 billion in lunar services (2021-2030), according to the 2022 Moon Markets Analysis by Northern Sky Research (NSR), and approximately $14 billion in earth orbital services (2022-2031), according to NSR’s IoSM reports in 2021 and 2022.
Lynk Global, a Falls Church, Virginia-based startup that aims to connect its satellites to cell phones to provide cellular service in remote areas, signed a deal with BICS, a wholesale provider of cellular voice and data services. Northern Sky Research (NSR) recently predicted that the direct satellite-to-device market has the potential to generate $66.8 billion.
“The recent spate of sizable satellite operator mergers “reflects that a shift from video to data use-cases is well underway,” says Brad Grady, a space industry analyst at Northern Sky Research. It shows that the industry previously “wasn’t well positioned to capture those opportunities efficiently,” he says. “Consolidation leads to enhanced market power and a.
Fewer independent satellite operators would make it harder for new operators to enter the market, according to analysts at Northern Sky Research. Future entrants would also likely struggle to offer the same capabilities as those that have joined forces. However, even though fewer operators means less competition to drive down prices, NSR analysts do not.