GlobeNewswire: NSR Satellite Backhaul Report Projects Market Entering Execution Phase with 12.9% YoY Revenue Growth
NSR’s newly released Wireless Backhaul via Satellite, 16th Edition finds the Wireless Backhaul via Satellite market entering a key period of execution with 12.9% YoY revenue growth ahead. Only just scratching the surface of opportunity, the segment targets a total unserved addressable market of 28.4 Tbps compared with today’s total capacity demand of approx. 600 Gbps. Bridging the gap between current demand and this massive addressable market is essential to business plans across LEO, MEO and GEO satellites and in all regions.
While shipping delays, ecosystem development, and COVID-19 headwinds affected market players, growth potential is significant as Satellite Backhaul continues to push through challenges, consolidating as a key vertical for Satcom growth.