IQ Stock: NSR’s Aero Satcom Report Sees Recovering IFC Market Generating $48 Billion through Decade
In its 10th year, report finds a $48 billion+ cumulative revenue opportunity through the decade for both service providers and equipment vendors. Driven by accelerated installation of terminals on narrow-body aircraft and the rapid return of domestic travel, the IFC market sits positioned for recovery ahead of a rebound in aviation traffic. The installed base for VSAT terminals, both business and commercial aviation, is set to reach approx. 16,750 units by 2025, exceeding 40,000 units through the end of 2031.