Inferse: NSR Report: Commercialization of Space Driving nearly 570 Exabytes of Information – GlobeNewswire
NSR’s newly released Space Traffic Study, 2nd Edition report finds that commercialization of more segments of the space value-chain is driving a rapid increase in traffic volumes. Although markets such as Earth Observation or Space Tourism still only account for 5% of the cumulative data volumes between 2021 and 2031, cloud connectivity and increased investments to downlink data ‘from space’ are paying off in total data volumes.While the difference between these competing orbits continues to shrink, highly affordable terminals and other LEO setbacks cannot offset the inertia behind GEO connectivity plays. A migration from video to data and GEO closer to earth is all underway in the connectivity market which accounts for 95% of cumulative data volumes.
Overall, signs are starting to show that things other than connectivity are transforming the space sector. While satellite communications is ‘the use-case’ fueling space data traffic volumes, there are new and growing markets that provide greenfield opportunities for established and emerging players.