GlobeNewswire: NSR: Land Mobile Satellite Market Moving to Broadband and $1.2 Billion Revenue Potential
In its 10th year, NSR’s landmark Land Mobile via Satellite (LMvS10) report finds a significant revenue migration underway from narrowband to broadband applications. Though currently dominated by narrowband services, connected vehicles and High Throughput Satellite (HTS) Comms on the Pause (COTP) services are positioned as the fastest growing satellite land mobile sector markets through the decade.
In the short-term, COTP growth takes the lead through Aid, NGO, disaster relief and energy market developments. In the longer-term, demand accelerates for connected vehicles – including cars, RVs, trucks, trains, buses and first responders.