Oil and Gas players are looking to optimize and increase productivity across their operations – which is largely built on data capture, processing, and action. In the Middle East and Africa, digitalization within the energy industry is rapidly transforming the sector. This digitalization is creating focused on moving data from remote locations, congesting existing GEO-centric.
Government spending and partnerships in space have helped to decrease the digital divide within Middle East & Africa (MEA). Despite those efforts, according to the ITU, only 13% of Africa’s population has connectivity. In reaching the other 87% in Africa and the Middle East, the region will see a 4.5x growth in annual revenues from.
Communication is the foundation of success in today’s fast-paced world, where businesses, individuals, and governments require speedy, reliable, and secure connection. Satellite networks have revolutionized connectivity on a global scale, but the demand for faster, more secure, and reliable communication has led to growing interest in and adoption of optical satellite communications. While space-to-space optical.
Backhaul is one of the key verticals driving growth for the Satellite industry. What challenges can Satellite solve for the Mobile industry? There is a big potential to be realized by expanding Mobile coverage: attracting new subscribers; enabling new services; or optimizing investments. As the industry heads to Barcelona for the MWC, what should be.
Despite initial plans, the U.S Wideband Global Satcom constellation (WGS) is growing again. Last month, the 2023 defense bill added $442 million for a new, wideband, military communications satellite. While it seemed likely, though unconfirmed, that a new satellite addition was on its way, it is now finally official. The US Space Force is looking.
Software-defined satellites (SDS) are gaining global attention, as new platforms continue to be announced by major manufacturers. Flexibility of satellite and network design is driving many operators to invest in SDS, with Intelsat’s upcoming launch of a flexible satellite, and Eutelsat’s recent order from Thales Alenia Space showing the pace is faster than ever. While.
Virtualization has been among the top buzzwords among satcom equipment vendors over the last few years, but the truth is that little tangible progress has occurred. Obviously, the technical requirements of virtualizing network functions need time, but most of the vendors are now about to launch their new iteration of VSAT platforms incorporating some sort.
As the space sector experiences growth, satellite manufacturers are improving production capabilities to meet demand from players like EchoStar and Inmarsat. However, even with some good news stories such as for Starship and ISRO’s SSLV, launch service providers still struggle to keep up with the increasing demand for satellite deployment. Last Mile Delivery (LMD) service.
According to NSR’s latest Global Space Economy (GSE) 3rd Edition report, the Space Economy is poised to generate USD$ 1.4 trillion over the period of ’21 to ’31, with a growth rate of 6.8%. Service revenue is the key driver of future revenues as infrastructure investments today move to service revenues tomorrow. With services largely.
Conversations in 2019 on the U.S. position in the Arctic noted their inability to defend national interests compared to Russian forces within the region. SATCOM for government and military within the Arctic region increased based on these conversations, generating a noticeable CAGR. Non-GEO HTS is a highly attractive option to government and military interests, as.
Government and military customers have been at the epicentre of demand for optical satellite communications as it transitions from nascent and equipment-centric to a robust emerging ecosystem. Organizations such as SDA, DARPA have been key facilitators for this move through multiple contracts for their planned Tranche 0, Tranche 1 and Blackjack constellations, and research programs.
2022 had been a difficult year for the world owing to the geopolitical challenges such as the Russia-Ukraine conflict, U.S.-China relationship, increase in food and energy prices, continued increase in bank interest rates, and others. It is estimated that the global inflation rate grew by ~ 8.8% in the year 2022. These have led to.
Launch delays and failures are common in the space industry, dating back to Explorer 1 in 1958, the initial U.S. satellite, which had been delayed due to weather conditions. One would think that the number of delays and failures would decrease as technology evolves and players gain more experience, but this is not the case..
Direct-to-device made a huge splash in satellite last year. First, with Starlink’s partnership with T-Mobile to expand coverage through its 2nd generation constellation. Apple followed not long after, investing $450 million into a similar deal with Globalstar. AST Space Mobile’s BlueWalker-3 satellite launched, unfolding its 700 square foot antenna to test technologies for an upcoming.
Travelling to space and seeing the Earth from above is touted as a profoundly unique, once-in-a-lifetime experience. Despite the excitement that has come with space travel, the industry has also faced challenges in recent years, including launch failures, delays and criticism from people that argue there is no value in space tourism except for billionaires.
As the space industry embarks on perhaps its most transformational year yet, we at NSR thought it would be a great time to make bold predictions on the year ahead. The predictions provided herein range across the satellite & space market, but one trend is clear: never before has such change been thrust upon the.
The Satellite Communications market is at a critical stage with the change in dynamics across the value chain. Major changes driving the markets include massive capacity supply, horizontal and vertical industry consolidations, increased need of connectivity post COVID-19 and relative reduction in regulatory barriers. With the evolving industry dynamics, stakeholders are looking for new opportunities.
In today’s energy world, there is a growing need for resilient, high-speed connectivity that can seamlessly support everything from exploration and upstream scouting to extraction and distribution. Energy companies and remote operations worldwide are looking to improve productivity, crew well-being, and site safety with real-time video streaming, continuous communications, and advanced analytics. Demand for reliable,.
This past Sunday, NASA’s Artemis I mission splashed down in the Pacific Ocean. It was an historic occasion, both the 50th anniversary of the last human lunar landing, as well as a milestone marking the beginning of NASA’s return to the Moon. Days before, Japanese billionaire, Yusaku Maezawa, revealed his 8-person crew to accompany him.
There is no secret that ‘times are hard’. Today is especially hard for early-stage pre-revenue technology ventures. The satellite communications sector has seen LEO constellations come into and out of viability as funding runs out. It should therefore be no surprise that one of their other ‘key enabling technologies’ Flat Panel Antenna (FPA) ventures are.
Consumer IoT has traditionally been one of the strongest growth opportunities for MSS IoT markets, with Iridium in particular seeing record growth through consumer products such as the Garmin InReach, which currently dominates this market. Globalstar likewise has a strong showing with its SPOT range of devices. However, a growing number of announcements in the.
The software defined satellite (SDS) market has been buzzing with news starting with the launch of Eutelsat 10B, upcoming launch of SES’ mPower satellites, and new orders from Eutelsat, Intelsat, and SES. The need for SDS is driven by a variety of factors: demand for satellite-based connectivity, development and availability of new technologies, and support.
Satcom LEO constellations are often assessed through the lens of the last-mile, end-user perspective. This side of the business is where constellations’ missions are ultimately realized so focus is rightly put on deliverables such as user IP bandwidth, visible satellites and the cost of terminals. Nevertheless, having a good understanding of the end-to-end architecture can.
The satellite communications industry is undergoing a reorganization of business models in the face of maturing video broadcasting and the drum of disruption from mega constellation players such as Starlink. Historically, the industry modelled a typical oligopoly with a few dominant global and regional players utilizing critical orbital positions alongside solid barriers to entry and.
No, 5G is not the end of the road. In fact, 6G is closer than one might think with standardization efforts starting around 2027 and early deployments rolling out as soon as 2030. To put the timeline in context, this is half-way through the orbital life of a typical GEO satellite launched today! Undoubtedly, the.
The Synthetic Aperture Radar (SAR) imagery market has traditionally been limited to government and commercial programs with large and expensive satellites. However, new and emerging players are paving the way for operators to establish a foothold in the market with smaller and more nimble satellites and flexible delivery methods. SAR’s key capabilities were highlighted during.
Satellite cybersecurity is gaining more attention in the industry and among government officials, with raising concerns about a cyber warfare. The biggest space powers are taking the lead in satellite cybersecurity, while governments are publicly addressing how challenging it is to pinpoint security flaws, asking feedback and soliciting industry ideas to better defend satellites from.
Space data traffic is dominated by satellite communications (SATCOM), making up 530 EB out of the 566 EB of global space traffic over the period from 2021-2031. The SATCOM market is experiencing a transition from video to data, driven by changing end-user demand and technical innovations, with overall growth amounting to 26% by 2031. Within.
Connectivity is not a luxury anymore for mobility markets. Be it terrestrial or satellite – anything that moves frequently needs to be connected. Increase the number of people, the cost of the asset or the criticality of its mission – and the need for connectivity scales exponentially. Put those assets – a car, train, ship.
Unlike technically proven (FSS-band) LEO-HTS satcom constellations requiring communication terminals, these new initiatives aim to deliver on the promise of direct satellite-to-regular-handset communications through cellular and MSS spectrum in areas unreachable by existing cell towers. Yet, architectural facets drive a wide set of capabilities ranging from asynchronous emergency texting to continuous voice and broadband data connectivity.
Environment, Social and Governance (ESG) applications are a major driver for Earth Observation (EO) markets, but the overarching question on demand for non-imagery sources in the long-term, and the size of the opportunity is still front and center.
Cybersecurity in the satellite & space industry has become a popular topic of discussion since the attack on ViaSat earlier this year. But cyber experts have been raising concerns about cyber threats on critical infrastructure for years, such as power grids, petrochemical plants, nuclear reactors, water systems, and satellites, to name a few. Large scale.
In a word, Yes! However, market dynamics and the interplay of both are not as simple as they seem. For a while now, Non-GEO players have been the locus of mixed viewpoints in the Satellite Communication ecosystem due to market forces resulting into success, failure, delays and challenging scenarios. Despite all odds, the momentum for.
There should be little doubt that ocean cruise ships, ferries, and river ships require a lot of bandwidth. NSR projects that the average passenger ship will increase from an average of 32 Mbps per vessel in 2021 to upwards of 364 Mbps on average of throughput demand by 2031 in its latest Maritime SATCOM Markets,.
T-Mobile and SpaceX announced a technology partnership to develop Direct Satellite-to-Smartphone connectivity and offer ubiquitous coverage and network resiliency. This will be an innovative additional feature for the network, but how real is this market opportunity? What are the technology enablers/challenges? Will this cannibalize telco/satellite revenues? Who is ahead in this race? While this is.
Since the first quarter of 2020, satellite capacity pricing decline has been slowing down. NSR’s recently-released Satellite Capacity Pricing Index, 8th Edition report, finds that the global pricing trend averaged a -3% year-on-year change in Q1 2022, a relatively stable range. This compares to -5% in Q1 2021 and -13% in Q1 2020. Even worst,.
Eutelsat surprised the Telecom community with plans to merge with OneWeb, an announcement that has generated both positive feedback (Exane/BNPP) and negative reactions (shares tumbling after announcement). Eutelsat is fully right about the need to pivot towards a connectivity-centric business. But, there are multiple questions that are not so certain: Is merging with OneWeb the.
440,000 Vessels. That is the size of the total addressable market (TAM) for broadband satellite connectivity in 2021 according to NSR’s latest Maritime SATCOM Markets 10th Edition report. Through to 2031, NSR expects TAM to increase by 156k vessels, resulting in nearly 600k total addressable maritime broadband satcom vessels. Overall, the demand for higher throughput connectivity.
In the last decade, the launch market has shifted considerably from SpaceX delivering on its promise of high cadence reusable launch and rideshare programs becoming the norm, while more innovative approaches on hundred launchers have been in development. Yet, launch remains the industry’s bottleneck. SLS has been delayed, pushing Artemis & NASA’s ambition to the.
Over the past seven years, satellite capacity pricing has maintained a year-on-year downward spiral, primarily driven by the imbalance in supply-demand dynamics and the transition to High Throughput Satellites (HTS) with better unit economies. However, since 2020, with the outbreak of the COVID-19 pandemic, satellite capacity pricing negotiations have become increasingly intricate as service providers.
The MSS/narrowband satellite connectivity market has historically offered a straightforward value proposition: connectivity absolutely anywhere, anytime, typically using L-band or other extremely reliable, albeit low-bandwidth frequency bands. Do you have a team on a mining site that you want to have connected 24/7/365, no questions asked? Or alternatively, are you managing a battalion in which.
Demand for Inflight Connectivity (IFC) is at an all-time high, with growth outpacing the general aviation sector’s recovery from the COVID-19 pandemic. The pandemic heralded two fundamental changes in IFC demand. First, passengers developed more hunger to stay connected while onboard, emulating behavioral patterns learned at home at the peak of the pandemic-induced work-from-anywhere and.
The increasing reliance on data for decision-making and the rising number of exploration missions, and EO constellations with high resolution sensors with increased revisit frequencies is growing data generated onboard satellite exponentially. However, the bottleneck on the ground to handle data poses a challenge to obtain low latency actionable insights for critical decision making. Thus,.
With Satellite Backhaul continuously playing a bigger role and MNOs now willing to outsource bigger portions of their rural assets, ‘Network-as-a-Service’ business models are thriving. In fact, according to NSR’s Wireless Backhaul via Satellite, 16th Edition report, the service revenues derived from Satellite Backhaul will approach $30 Billion per year by 2031, an opportunity that.
Over the past couple of decades, vehicles have become smartphones on wheels, with an increasing number of electronic components, chipsets, and devices being connected to a vehicle at any given time. With the advent of electric vehicles, this trend is becoming even more apparent, with what are effectively software-defined cars coming off production lines at.
Obtaining data from space remains a massive bottleneck yet to be resolved. The increasing resolution of space-based sensors, data collected at higher revisit rates and the lack of onboard memory or relay systems for massive amounts of information from scientific missions all contribute to the current downlink bottleneck experienced by many operators and scientists. Due.
Satellite is a cool technology again! But there is still a lot of work to be done. By way of background, despite recent significant improvements in Satellite Backhaul fundamentals, specifically throughput, capacity prices, ground segment, and cheaper RAN (among others), the industry was struggling to change MNOs’ mindsets as satellite was still perceived as an.
The inflight connectivity (IFC) market continues to shine as an attractive vertical for satellite operators, prompting some operators to move downstream. At the same time, service providers are investing in upstream capabilities to remain competitive. Depending on how analysts view the market, IFC shows both signs of a maturing landscape with the recent consolidations and.
Last week, the U.S. Administration declared a ban on anti-satellite missile tests (ASAT), citing concern over the danger of the resulting space debris. Previously, Russia’s ASAT test was universally condemned due to the large debris cloud produced, and before that, India’s 2019 testing raised similar concerns. The proliferation of new satellites to the rising dangers.
The market for optical satellite communications has shaped up in recent years, led by the rise in New Space satellite network operators requiring high bandwidth intersatellite links and remote sensing solutions that demand greater downlink capabilities. Still in its early stages, this market continues to be largely equipment-centric. However, multiple players have moved on from.
The space tourism and travel market has received significant attention in the media since last year’s groundbreaking suborbital flights from Virgin Galactic and Blue Origin. While the space tourism industry received criticism for polluting the atmosphere and being an exclusive club, other missions such as SpaceX Inspiration-4 were praised with more enthusiasm around the world.
From the booming satellite launch market to higher frequency of human activities, the space domain has never been of more important to all space-faring nations. NSR forecasts over 24,000 satellites are expected to launch over the next decade, creating a never seen before problem for operators. This boost in activity has led to a new.
Interest in space is exploding, with the industry seeing growth and opportunities that weren’t just dormant, they simply didn’t exist 5-10 years ago. Over the next decade, according to NSR’s Global Space Economy, 2nd Edition, cumulative revenue is expected to hit USD $1.25T. Video, the use-case that built most of the satellite industry and continues.
Everyone loves a good selfie. Especially from unique and exotic locations. Even Robots are getting ‘in on the fun’ most recently with NASA’s James Web Space Telescope sending back its own version of a ‘selfie’ – “strictly for engineering and alignment purposes” naturally. As Space Tourism continues to increase, the amount of data traffic ‘strictly.
As satellite communication technology has caught up to the market through past decades, one of the key demand drivers has been that of ever-increasing capacity and data throughputs. High-throughput satellites have become more common, powered by high data rate inter-satellite links in the case of non-GEO constellations, and earth observation sensors have improved tremendously, necessitating.
Satellite big data services are undoubtedly a growing market. A digital transformation across customer verticals has translated into new business opportunities for satellite operators and service providers, driving adoption of cloud computing at different layers of the satellite big data supply chain. Additionally, a market for analytic solutions that simplifies raw geospatial data to consumable.
Every year NSR writes about an ‘upcoming wave’ of sovereign SATCOM capabilities – WGS-11+, Skynet-6EC, etc. and today is no different. In the past few months, the UK announced $2B in ‘new funding for military space programs’, the European Commission announced “€6 billion program” with a component focused on secure connectivity, and Australia recently opened.
Last year, NASA awarded Blue Origin, Nanoracks, and Northrop Grumman $416 million in contracts toward the study of designs of commercially-operated space stations. With the ISS currently planned for retirement by 2031, and following the growing commercialization of LEO, its government owners are looking at potential replacements. Space tourism is publicized as the next commercial.
Non-GEO players are accelerating their go-to-market strategies to penetrate different segments of the Satellite Communication markets, especially in the high volume, highly lucrative fixed VSAT segment. Starlink has already acquired 145,000+ broadband access subscribers globally under the beta plan and now has announced the service roll out plan for enterprise customers. OneWeb is also progressing.
As Satellite & Space Analysts there are few truths in our market: Schedules almost always slip to the right; and the volume of data always increases. While others at NSR frequently comment around schedule (see… nearly anything we publish), the second ‘fact’ requires further explanation. It is no doubt true that the amount of “data”.
Targeting the reduction of infrastructure costs, eliminating vendor lock-in effects and accelerating virtualization (do these objectives sound familiar to the Satellite industry?), Mobile Operators have embarked on the standardization of Open RAN. In fact, this is one of the hottest topics in the Telco industry with major endorsements like the commitment by the 4 largest.
2021 saw a continuation of industry-wide transition in the satellite communications market, with the COVID-19 pandemic accelerating or worsening key industry trends. Most of NSR’s guidance for the satcom market persisted through the year, and some are set to accelerate in 2022. These trends include uneven growth across various verticals, vertical integration and horizontal consolidation,.
COP26 in late 2021 saw several plans and promises being announced to address the climate crisis, many that touched upon themes related to deforestation, ocean resource protection and carbon emissions, among others. Countries agreed on rules for international carbon markets, pledged to end deforestation and land degradation, and to cut down on methane emissions. In.
Wave-after-Wave in this ongoing pandemic, the one element that has been greatly highlighted, is the need for robust Internet connectivity and bridging the digital divide across the globe. Remote learning, working, healthcare, conducting businesses and other key socio-economic activities have become universal and hence have exposed the still wide digital divide across regions and communities..
The global chip crisis has significantly impacted a variety of industries, and Satcom is obviously not immune to this widespread components shortage. All Satellite equipment manufacturers (be it Ground or Space segments) are encountering challenges meeting growing demand in the current COVID-19 climate. Taking Ground Segment as an illustration, NSR detected a good recovery in.
Flexibility is the greatest driver in the satellite industry. From manufacturing to launch, in-orbit to on-the-ground operation, flexible technologies, pricing, and solutions offer diversity and increase the playing field for competition. Yet, more does not always mean better, and the pace and necessity of flexibility can differ widely from market to market, customer to customer.
Astranis is revolutionizing the Satcom value chain with a third service provider acquiring its own satellite capacity (PDI, Anuvu and most recently Andesat). This will certainly not be the last instance in which a Communications Service Provider acquires its own Space segment. In fact, in the time of cheap and easy access to Space, satellites become commoditized, and Satellite Operators need to rethink what value they bring.
As the U.S. Congress continues to move forward towards the next version of U.S. Defense spending, on the top of lawmakers minds are how exactly Gov & Mil end-users such as the U.S. DoD will engage and leverage commercial investments in Non-GEO HTS networks. The debate seems to be ‘over’ around if DoD will use.
Investment in the Earth Observation (EO) and related downstream analytics markets has massively increased in recent years, with 2021 more than doubling due to a number of satellite operators that announced plans to go public via SPAC routes. The commercial EO market is becoming increasingly competitive, with an ever-growing diversity in business models that offer.
The satcom industry is set to witness the next wave of growth, driven by growing opportunities in consumer broadband, enterprise networks, mobility and government/military services. While some of these opportunities are greenfield application use cases, most of the expected demand is part of the age-long total addressable market (TAM), which has been unreachable due to incompatibility, pricing, supply.
Mega-constellations are taking center stage in a pivotal time for high-speed satcom, but business-case and architectural facets will drive the multi-orbit, multi-band satellite paradigm. It is thus worth diving into the facts using NSR’s Non-GEO Constellations Analysis Toolkit 2.0 (NCAT2) to infer how LEOs may best interplay with well-established GEOs. Today’s fast-paced environment brings unprecedented.
While NSR has been less optimistic on the prospect of the broadband connected car, one market that does present greater opportunities and is often overlooked is the narrowband connected vehicle market. While this market won’t have the potential mass market appeal of terrestrial technologies providing consumer entertainment, this will provide a strong value proposition across a range of.
Software-defined satellites are a growing trend in the satellite industry, especially in GEO. With SES-17’s successful launch two weeks ago, and Eutelsat Quantum as well back in July, the industry is seeing more fully-flexible satellites in orbit.
DTH services apart (which are a declining market due to IP-Video trends) and GPS aside, satellite has never been able to reach the masses. In fact, satellite requires very specific equipment, know-how, etc. and, honestly, does not offer the convenience level of terrestrial alternatives. But the inclusion of Non-Terrestrial Networks in the definition of the 5G waveform and initiatives like AST.
In the business of satellite-based remote sensing, the market for optical imagery is relatively well established, with a robust ecosystem of data/service providers and customer channels. While optical imaging leads in terms of market size, commercial Synthetic Aperture Radar (SAR) imagery is not far behind, having come into its own in recent years. The ethos of commercialization that is characteristic of the new space movement has made significant inroads in these.
Satcom constellations beaming tens of Tbps are impacting the space sector and the broader telecom industry. Yet, when running demand-supply simulations on fixed-broadband and mobility datasets using NSR’s Non-GEO Constellations Analysis Toolkit 2.0 (NCAT2), it becomes clear that, while the amount of IP bandwidth produced is enormous, not all is usable or sufficient. Two key.
With countries learning to adapt to COVID-19, the construction industry is rebounding after a relative lull in the level of construction, not to mention supply chain issues halting other construction sites. With construction ramping up, heavy equipment manufacturers are no longer just interested in revenues from only hardware and are expanding into connectivity as a service and analytics platforms. While.
The rate of technological development seen in the domain of quantum communications is remarkable. The technology is in many cases still taking its first steps out of the comfort of academic circles, but this is quickly changing, both terrestrially and in space on a global scale. Indeed, things are moving quickly and NSR’s Quantum Communications.
Quantum communications, a niche application of quantum computing, involves using entangled light particles, photons, to securely transfer information. Today, Chinese citizens are the first in line to benefit from space-enabled quantum communication services. In response, Europe and North America have taken steps to ensure their citizens too may benefit from this advanced level of security..
The satellite industry continues to show remarkable changes, with new evolutionary technologies being launched in the space and ground segment consistently. The demand for internet connectivity will continue to rise as the COVID-19 pandemic pushes digitalization and forces people to work from home. For the Flat Panel Antenna market, this means existing and new FPA.
The Inflight Connectivity (IFC) business was hit hard by COVID19, on the back of drastic downtime in aviation traffic in 2020. As a result, the segment saw on average a 35% decline in annual retail revenues last year, according to NSR’s Aeronautical Satcom Market Report, 9th Edition. However, as aviation traffic continues to bounce back.
A lot has changed in the smallsat IoT market in the last year, with a plethora of IoT smallsat launches, a number of new funding rounds, and a major acquisition as well. This market is heating up, and although there have been some delays from COVID-19, particularly with launches and chip supply issues, substantial progress.
The recent $1.4B implied Enterprise Value of the Marlink transaction that was announced recently makes analysts like us at NSR pause – are there defensible corners of the satellite communications sectors that are immune from the on-going collapse of the value-chain by satellite operators? Can service providers survive the rapidly changing technology landscape of LEO.
Industries are transforming rapidly, and it is increasing the sustainability risk for the inertial players. COVID-19 has forced businesses across nearly all industries to invest and deploy in remotely working models, process automation, system & network optimization. Undoubtedly, hyperscalers such as Google, Microsoft, Facebook and Amazon are at the core of these digital transformations, by.
The COVID-19 pandemic triggered a slowdown of most operational activities along the satellite manufacturing value chain. In the early pandemic days, manufacturing facilities had to put their activities on hold, and launches were delayed due to the interdependence of actors in the supply chain from both sides and the restraints put on personnel movement. This.
Satellite communications is by far the largest segment in terms of data traffic via satellite. Despite major developments in the Earth Observation industry in recent years, data traffic for point-to-point communications via the satellite bent pipe continues to grow rapidly. The cloud is expected to play an increasingly important role across several segments in the.
As the Space and Satellite Industry starts to meet again “in-person” at events like the 36th Annual Space Symposium – just what does the future look like for the space economy? 2020 and 2021 have been transformative years characterized by a truly massive number of satellites launched by ‘new players’ such as SpaceX’s Starlink, a.
Today in 2021, the demand for Internet connectivity in households globally has drastically increased because of COVID-19 and strict lockdown measures. While economic and social activities become more reliant on digital solutions, consumer behaviors toward broadband connectivity have also changed. More satellite constellations are being launched than ever before, and a rapidly changing environment for.
While maritime and aero are key satellite markets due to clear remoteness, land mobile and M2M/IoT markets have always had to face competitive pressures from terrestrial networks. However, a new generation of networks which use similar technologies to terrestrial networks will be coming online in the coming years, promising unified connectivity on the same chipset..
For the better part of the past decade, “Crew Welfare” has been one of the infamous use-cases fuelling the transformation of connectivity in the Merchant Maritime markets. Enabled by the ‘unlimited use’ and consistent monthly bills of VSAT-based services, building out a robust connectivity option for capturing latent crew connectivity requirements was cited as one.
During the Connected Aviation Intelligence Summit virtual panel on 9 June 2021, executives from SpaceX, OneWeb, and Telesat forecast that most IFC capacity will come from Low-Earth Orbit systems over the next decade. SpaceX and Telesat executives expressed higher optimism that LEO will claim 90% or more of IFC services by 2030. This begs the question,.
In the launch industry, heavy launch vehicles have long dominated the landscape. Initially, this was driven by necessity, as satellites were very large, heavy, and required the most lift possible. However, with the trends towards smaller satellites driven by miniaturization of payloads, delegation of onboard capability across fleets and networks, and new constellations announced almost.
In a day and age where every part of the enterprise and government services operations is moving to the era of digitalization, the appearance of software as a dominant driver of changes is making more sense every day. And with this dominance comes new business models that are making their way even into the space.
Overall, enterprise land mobile has been seeing steady growth; however, for some time there hasn’t been any major changes to the dynamic. Instead, some of the more notable growth opportunities come from the consumer market, and potentially from connected vehicles as well. With other markets experiencing higher growth opportunities due to higher bandwidth data usage,.
To be clear, I’m a Space enthusiast, and that makes writing some of the following lines a bit more difficult. The Satellite Communications industry must acknowledge that satellites are no longer the stars of the industry. In the era of cheap and easy access to Space, satellites can’t be the key differentiator. The attention should shift towards services, networking and eventually applications. How is this slide of value creation taking shape? Don’t get me.
The Earth Observation industry is ascendant on multiple fronts, not the least of it being a growing number of satellites planned to launch over the coming decade. Sensor types are various, from very high resolution (VHR) optical and Synthetic Aperture Radar (SAR) to hyperspectral, radio occultation and others. In 2020, Larry Fink, CEO at BlackRock,.
Non-GEO HTS is not going anywhere. Despite concerns over the business case, over a thousand Non-GEO HTS satellites have already been deployed by various players. Operators like OneWeb, SpaceX, Kuiper, and new, private ventures in China are the main drivers of a satellite market expecting over 24,000 assets to be launched by the end of.
NSR has heard the hype for years of the connected car, with dreams of every vehicle having a satellite dish on its roof. Elon Musk recently stated that Starlink will be connected to aircraft, ships, large tracks, and RVs – specifically excluding connected cars such as Teslas. Other companies by comparison, are planning to go.
LEOs are a reality. After years of speculation and doubts, several NGSO projects are materializing. Both Starlink and OneWeb continue their aggressive launch schedule with initial service tests. mPower is getting ready for launch with auspicious pre-commitments. Telesat manufacturer selection and progress in financing lowers the risk of the constellation. Kuiper continues moving forward with.
A surge of NewSpace startups and traditional companies alike have leveraged cloud services to reduce lead time and grow revenues across the space industry. According to NSR’s Cloud Computing via Satellite, 2nd Edition report, Communications and Earth Observation are identified as the biggest opportunities in this market. Together they account for $18B of the projected.
NASA and partner space faring nations around the globe are ambitiously focusing on returning to the Moon. Although, getting to the Moon has become harder due to expensive budgetary requirements, NASA is aiming to overcome the traditional barriers of procurement by enabling commercial companies to provide services via its public-private partnerships model, the Commercial Lunar.
The Mobile World Congress Barcelona 2020 was the first major conference to be cancelled because of COVID-19, and MWC21 has been the first major conference to be back, albeit at about 1/3rd of its traditional attendance. Satellite continued to grow in presence at MWC 2021 (proportionally), as MNOs take an increasingly open mind approach to.
The inflight connectivity (IFC) market has taken off over the past decade and is now witnessing the third wave of transition to next-generation networks, primarily driven by an upgrade to capacity from high throughput satellites (HTS) and extreme high throughput satellites (XTS). Just 3-4 years ago, market observers referred to HTS and XTS systems as.
The relationship between space start-ups and government has been an integral cog in the development of multiple space verticals. Government undertakings with emerging startups offer investors potentially attractive returns and encourages them to follow suit with their own investments. NSR’s Emerging Space Investment Analysis, 3rd Edition report shows $36 billion was invested over the last.
2020 was a tumultuous year, and overall had the expected impact for Land Mobile usage, with handhelds, fixed voice and Push-to-Talk (PTT) revenues down year-over-year. One positive out of last year’s experience is a boost in demand for consumer handheld form factors as consumers seek more experiences with social distancing in remote areas. However, these.
Video distribution via satellite has a platform lifecycle growth problem. As OTT competes for viewers with linear TV, content fragmentation pushes broadcasters to re-assess the economics of satellite distribution in comparison with terrestrial and cloud platforms. The principle of video neighborhoods’ network effects is thus challenged. Is this the end of linear TV satellite distribution,.
Since 2016, 83 missions have been contracted to send spacecraft, infrastructure, and crew to the Moon, valued at $50 billion. With 8 space agencies and 26 commercial companies involved, and given the growing number of announcements and funding, suffice it to say, the race to the Moon is back. While there have been hundreds of.
Unprecedented levels of supply coming from NGSOs and next-generation GEO-HTS is getting ready for launch in the next few years. Will the industry be able to activate elasticities to fill the upcoming supply? Backhaul offers an excellent opportunity with high price elasticities and a huge addressable market still to be captured. Despite the significant price.
As enterprise and government actors digitize their systems and processes, they continue to transition to cloud-based services to meet their needs for more storage and data transportation solutions. The characteristics of optical satellite communications include speed and data volume are well placed to meet the needs of those customers with an ever-growing appetite for highly.
Investments in the emerging space economy are on the rise, reaching levels higher than ever before. A significant fraction of the total investments in NewSpace companies is limited to a few at the top across market segments. But there is also a flurry of companies founded in the Launch, Manufacturing and Geospatial Analytics market segments.
Satellite broadband is the one application whose mere existence hinges on pushing the limits of frequency reuse and spectral efficiency. With the proliferation of scalable HTS networks globally, broadband pricing is increasingly becoming –for better or worse– a barometer of regional and local satellite bandwidth pricing trends. Generational leaps in HTS technology modulate market price.
The market for satellite-based free space optical communication continues to evolve, with an active ecosystem of laser communication terminal manufacturers at various stages of development. Over the past few years, this market has hinged on the promise of yet-to-arrive high volume demand from LEO-HTS constellations, specifically those with plans for inter-satellite optical links. As seen.
Last week, China & Russia signed a memorandum of understanding to create a joint lunar science station. Earlier this week, the SLS core stage arrived at NASA’s Kennedy Space Center, in anticipation of an Artemis 1 launch in late 2021, or early 2022. With major powers taking new, strongly funded, and different approaches to the Moon, has a new space race begun? In.
Backhaul is one of the key growth engines for the Satcom Industry. A large portion of satellite capacity coming online in the next few years is purposely designed for Backhaul and, despite COVID-19, the segment continued to show major contract wins. But how big is the market, and for how long can this growth trajectory.
Historians point out that a common effect of pandemics is the acceleration of trends already underway. This concept may well apply to high-profile satcom players filing for Chapter-11 during 2020, all within a relatively short period of time; a scenario previously foreseen but precipitated by the pandemic. The emergence of LEO mega-constellations also exhibited accelerated.
The U.S. stock market is on its longest bull-run in history, which began in 2009. A decade later Virgin Galactic’s reverse merger with Social Capital Hedosophia raised $800M for the Space Tourism company, signalling the beginning of an extraordinary run in space investment. The significant increase in investment activity for space can partly be explained.
Last week, two major constellations operators, OneWeb and SpaceX, nearly crashed in space, when two of their satellites almost collided. Another near-miss happened the same day when two other satellites nearly struck each other over the Arctic. And last month, the 2-ton NOAA-17 satellite broke up, sending dangerous debris all along its orbit. This type.
The global satellite big data industry has come a long way during the latest wave in the emerging space industry. More than 180 EO companies have been founded over the last 20 years, with a majority of them being downstream software and platform providers. Close to $700 million has been invested in this analytics segment.
The ongoing pandemic has presented a plethora of opportunities as well as challenges to some of the emerging business verticals like Space Tourism and Travel. Recently, the DearMoon project, initiated by Japanese billionaire Yusaku Maezawa recorded millions of participants applying to pursue their dream. On the other hand, Spaceport Cornwall rejected Virgin Galactic’s plan for.
The space industry is in a period of rapid transformation, with the largest growth rates occurring in the Satellite and Space Applications segment. The recently released, NSR Global Space Economy report forecasts significant growth within this segment, representing the highest annual growth market within the decade. Albeit much smaller on an absolute revenue basis, when.
Two weeks ago, the derelict NOAA-17 satellite broke up. At the same time, NASA jettisoned a 3-ton cargo pallet of junk from the International Space Station, part of the program’s typical waste process, which will remain in orbit for several years while NOAA’s satellite will be there for much longer. The problem with space debris.
LEOs are transforming the satellite industry, and the ground segment is no different. While the opportunity for equipment vendors is massive, it is not absent of risks. Non-GEOs will certainly unlock new areas of growth where equipment vendors can capture a portion of the value. However, participating in the NGSO ecosystem requires heavy R&D efforts.
There is no doubt that Government & Military customers are a significant consumer of space-based assets. For both the Infrastructure (manufacturing and launch) and commercial connectivity, Gov/Mil markets are some of the largest and most concentrated around. While complex in terms of engagement, or ‘exact agency/organization/administration’, these customers are one of the key pillars of.
The global satellite communication industry is transitioning to meet new market trends and match projected threats from perceived disruptors. It is typical to expect mergers and acquisitions (M&A) within any maturing industry, especially technology-driven sectors, where inventors regularly threaten incumbents. In the case of satcom, the industry is entering a new consolidation cycle, where vertical.
In late January ten Starlink satellites equipped with inter-satellite laser links (ISL) were launched, and the founder of SpaceX, Elon Musk tweeted that in addition to these satellites, all future Starlink satellites would also have ISLs. The launch represents a five-fold increase of total laser terminals launched into orbit to date. In many ways this.
Internet access is an integral part of the human necessity, owing to its immense impact on social and economic developments in a region or community. However, approx. 50% of the world’s population still do not have Internet access, creating a greater digital divide across regions. This inequality is significant between developing and developed regions, where.
A year and a half ago, Virgin Galactic went public. Since then, the company has generated no “significant revenue”, nothing in the past two quarters, and has pushed the start of their commercial suborbital tourism service to 2022. Over on the orbital front, companies like Sierra Nevada, Boeing, and Blue Origin, are facing similar delays,.
As recognized on multiple occasions by Elon Musk, the Ground Segment, lowering end user terminal costs is probably “the most difficult technical challenge” Starlink is facing. In fact, this is the key to unlocking the Consumer Broadband market, not just for Starlink but for all the LEO constellations. The Rural Digital Opportunity Fund (RDOF) won.
NSR’s Satellite Industry’s Financial Analysis, 10th Edition (SIFA10) report provides an in-depth assessment of the global satcom industry, analyzing critical financial, strategic, and competitive outlook of satellite operators and service providers across multiple metrics. The satcom industry continues to witness mixed financial results, with non-video revenues growing across multiple verticals, while the video business maintains.
Last month, Spaceflight Inc. launched 16 payloads on board its Orbital Transfer Vehicle (OTV), Sherpa-FX-1 on a SpaceX rocket to deliver them to a precise orbits, a first in LEO SSO orbit. And soon, a 2nd MEV from Northrop Grumman will latch on the Intelsat 10-02, solidifying the In-Orbit Servicing Market for Life Extension missions.
“Everything happens somewhere” has long served as an epithet in the geospatial industry, from the brand reposition of a 275-year-old mapping agency to the regular campaigns of international geospatial events. The downstream satellite big data industry has often prided itself on the ubiquity and importance of location data, a USP for large scale geo-intelligence, in.
Direct satellite connectivity to Mobile, at affordable prices, has been one of the moonshot objectives of the industry for many years. Leveraging the advances in 5G, multiple projects are pursuing this vision, attracting huge levels of interest in its way (AST & Science going public through a SPAC valuing the company at $1.8B). But what.
The interplay between Exploration and Exploitation is critical for the long-run performance of a solution, company, or sector. Enterprise VSAT market revenues have plateaued with long exploitation of the conventional satellite connectivity offerings and hence, the industry had been in exploration for next-gen technologies, products or solutions to push the segment’s topline on the growth.
As challenging as 2020 was, one part of our industry progressed and grabbed the media limelight, even into the early part of 2021: space tourism. Several tests, funding rounds and SpaceX’s commercial launch of a NASA crew kept the dream of space tourism alive. Through hardships and long development time, demand for space tourism remains.
Following on the footsteps of Skynet-6A reaching Preliminary Design Review (PDR), a critical step towards its eventual launch in 2025, the Gov & Mil SATCOM sector is entering into the next-phase of sovereign military SATCOM systems. Built in the age of cyber-awareness, the proliferation of lower-cost RF jamming technology, and the ongoing requirements to move.
It is no longer news that the global satcom industry is stuck in a period of stunted growth, revenue declines and uneven investor appetite. When it appeared 2020 might be a sigh of relief following industry-resetting M&As of the 2016-19 era, COVID-19 emerged, further exacerbating an already distressed industry. However, the “hard reset” in 2020.
The Satellite Ground Segment has been one of the hardest-hit steps in the value chain brought about by the pandemic. With many deployments and new deals halted due to lockdowns, equipment could not be shipped, and revenues were not generated. But COVID-19 also accelerated the transformation of the industry, laying the groundwork for solid future.
Satellites, given their constant surveillance and coverage capabilities, are a natural fit for Earth Observation. A single satellite, with the right resolution and altitude, could take a snapshot of the country, and the right expertise and tools would allow you to assess the extent or the snowfall, especially when compared with historical imagery.
The Satellite Big Data market is still in its infancy, with the landscape of players ever evolving. The COVID-19 pandemic threw geospatial applications into the spotlight this past year, when most of the world’s workforce went remote, and multiple industries looked towards digitizing their operations.
MSS satellite services, and smallsats are generally the main focus for M2M and IoT nowadays, with narrowband applications being well suited to these technology types. However, NSR also covers the Ku-band and VSAT M2M/IoT markets, which currently take up approximately 21% of overall revenues for satcom M2M/IoT.
The Non-GEO satcom market has been highly speculative over the past decade, especially with the upcoming constellations – Starlink, Kuiper, Telesat, OneWeb and others. But in 2020, against COVID-19 odds, the segment has transitioned to a significant level of affirmation with multiple players achieving key milestones with their developments and contract awards. Although there have.
The wide Telecommunications industry is on the verge of a major transformation with the arrival of 5G. Satcom is no different and 5G represents an extraordinary window of opportunity for becoming a mainstream solution. How can Satcom maximize this opportunity? With COVID-19 we might have lost sight of a big inflexion point in 2020: the.
Since then, cloud players have emerged as a key segment to watch out for in the satellite business, first through direct peering partnerships such as Azure ExpressRoute and IBM Direct Link, and more recently, through high profile dedicated business units as in the case of AWS Aerospace and Satellite Solutions and Azure Space.
Non-GEOs continue to make noise, and for the right reasons. With SpaceX launching hundreds of satellites and revealing more info on their user antennas (with Musk admitting that the biggest challenge is cost of user terminals) to OneWeb restarting their production and awaiting a 36-satellite December launch, to Telesat forming a new public company post.
Many things in 2020 have “defied norms” as it relates to the Space and SATCOM Industry – mass shutdown of cruise and aeronautical markets, significant increases in consumer and cellular backhaul demand, supply-chain disruption, and on-site installation or commissioning access restrictions. In addition to these COVID-19 related market factors, the United States will also enter.
M2M and IoT over satellite have mainly been implemented in cargo and transport applications, as well as in energy markets. However, one application (agriculture) is expected to buck the existing trend and achieve outsized returns…how can operators capture this growth, and excel in this increasingly competitive market?
In this sense, 5G will be transformational in many aspects of the Satcom ecosystem: from stimulating demand in many segments, seamlessly integrating Satcom in the mainstream Telco ecosystem or becoming a tool for optimizing Satellite Network design and operations.
In the business of Earth Observation, positioning is just as key. While the industry is well-established, with imagery setting the pace and breaking away as the front-runner, a non-imagery market is emerging.
A few days ago, SpaceX launched payloads into orbit for the 100th time. An impressive milestone, the latest launch deployed 60 Starlink satellites into the company’s communication network. From communications to Earth Observation, constellations certainly are a core strategy in the commercialization of LEO. On an almost daily basis, announcements are made regarding investment, deployment,.
This has been a very hard year for a lot of industries, include the satellite industry. From grounded flights and shored-up cruises, bankruptcies and layoffs, COVID-19 has strongly impacted the entire satellite industry. However, while most of the market is experiencing a downturn, consolidation, and restructuring thanks to the pandemic, Earth Observation has demonstrated strong resiliency. In fact, in some cases, the market is growing.
“Remember that time is money” wrote Benjamin Franklin in a 1748 book. The concept of opportunity cost believed to trace back to ancient Greek philosophers but popularized by one of the founding fathers of the United States, may nowhere be more critical to business than in the realms of high-frequency trading (HFT).
The Starlink constellation is currently made up of over 650 communication satellites orbiting Earth at an altitude of 550 kilometers. By satellite count, such partial deployment already makes SpaceX the world’s largest satellite operator of FSS frequency bands suitable for high-throughput connectivity. As more Starlink and OneWeb satellites are manufactured, deployed and other satellite operators.
NSR previously identified the pivot of Land Mobile from narrowband revenues to broadband revenues. With massive bandwidth requirements (and potentially terabytes of data) due to highly sophisticated software systems, Connected Cars are one component of this new revenue growth, and with a huge addressable market, it’s no wonder satellite operators, ground equipment manufacturers and service.
When considering 5G, one might inadvertently focus on user-oriented characteristics such as latency or throughput. However, the reality is that one area where 5G will be more disruptive is on the backend of networks
The inter-play between telecom and satellite operators connecting remote points on Earth is a well-established, niche business. Telecom and satellite ecosystems have cooperated for decades as satellites adapted roles from serving international trunks, to jumpstarting Internet backbone connections in developing regions, to supporting domestic backhauling for wireless carriers. While the proliferation of GEO-HTS has made.
Several programs from the last two decades alone promised the use of stratospheric platforms for comms and observation, most of which fell through in the end. However, recent investments and subsequent mission successes from commercial players such as Alphabet and Airbus have injected a fresh wave of hope.
Flexible satellites have been around for some time, but the rate and scale of flexibility has increased exponentially over the last few years. Declining GEO capacity prices, rise in competition and the need for reduced time to orbit and are just a few factors that led to greater need for software-defined satellites.
NSR found the Land Mobile via satellite will reach an inflection point where the change in the revenue mix will undergo quite a profound shift from narrowband technologies to broadband platforms and use cases. So, what does this mean for satellite operators and services providers?
As the mobility satcom market experiences an unprecedented disruption, these already stressed businesses made hard choices around their future – internal fractions in the iceberg of Maritime SATCOM Connectivity.
High Altitude Platforms have remained an emerging market even in the wake of the COVID-19 pandemic. What is driving this interest, and why might the current wave of HAPs-related activity be any different from those of previous decades?
It is fair to say 2020 has been widely chaotic, and that is no different for the space launch industry. The industry is facing a pandemic that affects the global aerospace workforce, a spiral of launch delays and supply chain issues, and a string of launch failures from established and new launch providers alike
Cloud services ranging from IaaS and edge computing to virtualization and SaaS applications are not new to the IT industry; they have been well-known for years and are traditional concepts in most sectors. Not so in the satellite sector though, where a surge in the adoption of cloud-based technologies is underway.
The satcom industry is going through turbulent times. A wave of high-level bankruptcies, layoffs, cost-cutting measures and investment deferrals have rattled the industry. COVID obviously places significant pressure in an already challenged ecosystem, hitting key areas of Satcom growth like Mobility. But putting aside the panic around COVID for a moment, it is clear the business fundamentals for Satcom remain very solid. The actors that play their cards well will be able to capture double-digit growth once we reach the “new normal”.
As FPA manufacturers find themselves stuck between the ultra-competitive aero market and the opportunistic, but challenging to meet, consumer broadband market, the Enterprise broadband market is fast becoming the next step in the evolution of FPA technology.
While Cruise Markets will still comprise 95%+ of overall SATCOM Demand through 2022, River Cruise Capacity Demand is growing significantly faster over the next couple of years compared to Ocean Cruises.
Cloud computing represents an important technological shift that has been underway across industries since the turn of the century, impacting the bottom lines and business models of various players in the ICT sectors. Over the past decade alone, adoption of “the cloud” has surged forward with major legacy software vendors orchestrating efforts towards the emergence of on-demand self-service, rapidly elastic solutions on the so-called cloud.
As such, this market is directly affected by regulatory updates, thus simultaneously and significantly impacting the demand for these services. Indeed, if regulations ease, less operators will opt for paid de-orbiting and End of Life (EOL) disposal services.
After a few years of incremental growth in the In-flight Connectivity (IFC) market, COVID-19 has derailed the segment’s momentum for 2020 and beyond. According to the NSR’s COVID-19 survey results, mobility segments including aviation and maritime are the worst hit satcom segments amid the ongoing pandemic.
With COVID-19 gripping the globe and people flocking to their devices and television sets, we at NSR deep dived into the media sector to analyze the historical performance of satellite and a few recent trends.
Satcom markets are experimenting with a wide range of new business models, with price discounting a key factor in most. With 2020 representing a key transition phase, NSR analyzed historical patterns of price discounting to ascertain what lies ahead.
Satellite capacity price reductions have been critical to unlocking growth in markets like Backhaul. New price points made ultra-rural network deployments ROI-positive, unleashing solid elasticities and growth. But, is satcom leaking value to other steps of the value chain (MNOs, integrators) due to price competition? How should satellite operators and integrators optimize their pricing strategies.
As the Satellite & Space sectors face the same challenges as the rest of the economy, one market seems particularly robust in the face of COVID-19 – Government & Military Satellite Communications services.
Near-misses are nothing new, but with over 8,000 smallsats to be launched in the next decade, the chances of collision will continue to rise. Results would be disruptive, to say the least, and not the way the satellite industry tends to endorse. Extraneous satellite maneuvers, malfunction, orbital debris, loss of orbital slot, change in launch trajectory & schedule; these would be the minor consequences.
While generally not driving as much hype as other technology trends in the satellite ecosystem, Ground Segment virtualization is arguably one of the most critical transformations the industry will experience in the coming years, as noted in NSR’s Commercial Satellite Ground Segment, 4th Edition report. Key to enabling scalability and flexibility of the networks, infrastructure vendors, integrators and operators are racing to adopt a new virtual framework. What are the key aspects of this transition?
With more data being created and circulated than ever before, Optical Wireless Communication (OWC) technology is emerging to serve the demand for higher data rates and lower latency, acting as an alternative or complementary to RF.
With recent declines in satellite capacity pricing, Satellite Backhaul became a real alternative for MNO rural deployments. However, CAPEX involved in the cell tower, primarily designed for urban areas with a dense distribution of subscribers, limited the market opportunity to relatively large population agglomerations.
The space industry is full of acronyms, but TRL or “Technology Readiness Level” is one that we hear often for many new and emerging markets. As a measure of the availability and status of the technology required for an operation, it gives an indication of how close to ‘lift-off’ is the said technology.
M&A activity in the VSAT platform segment has been very dynamic in the last several months. After iDirect/Newtec fired the starting gun, Comtech conducted a series of acquisitions including UHP and Gilat.
As technology development accelerates at an ever-increasing speed, reaching new milestones that will arguably lead to putting commercial tourists in space this year, governments across the world are considering strategic long-term plans to establish a lasting human presence off-Earth
As a first mover and largest system in the satcom business, Starlink’s future is bound to have a butterfly effect on the rest of the small satellite market by influencing investors’ interest in other missions.
NSR analyzed various fleet replenishment strategies in the year-end NSR’s article on Satcom 3.0 era, discussing relevance to operator per size and risk-taking ability starting in 2020. The growth patterns look quite different for operators falling between revenues of $100-$300M (low risk), $300M-$1B (medium risk) and finally greater than >$700M (high risk), and thus we began to inspect elements of business models that might be relevant to each category.
NSR expects promising opportunities in the fixed VSAT segment in its VSAT & Broadband Satellite, 18th Edition (VBSM18) report and stated the satellite industry is merely scratching the surface of opportunity with <1% service penetration for the consumer broadband vertical.
The start of a new decade is a perfect time to take stock of the dynamic state of the launch industry. The previous decade saw much in the way of exciting changes and technological developments, accelerated by an environment of high competition.
As we enter a new decade, is Government & Military Satellite Communications about to enter a new age of capabilities? With WGS-11 slated to be delivered in the mid 2020’s, alongside new allied capabilities online for similar deployments, is the industry entering a new ‘milsatcom capacity revolution’?
Technological and regulatory progress has greatly expanded the remote sensing/Earth Observation (EO) market. However, significant tradeoffs continue to exist in current earth imaging solutions: EO satellites and constellations can provide wide area coverage but are susceptible to cloud cover and are usually at lower resolutions (with HR being relatively infrequent).
As we start a new decade, now is the perfect time to consider the future of the satellite industry, starting with the Earth Observation (EO) business. Traditionally, the EO business mostly consisted of a few satellite operators catering optical imagery to government and military customers.
5G has generated tremendous expectations from a customer-oriented capabilities point of view (ultra-fast speeds, latency, etc.), but one must not forget that 5G also represents a completely different way to conceive telecom infrastructure.
2019 just ended, and the most anticipated year (2020) in the Satcom 3.0 transition phase has arrived. Happy New Year! To begin the year, it is essential to determine expectations from top metrics this year, which may have maximum impact on the satcom industry.
Today – we are truly entering a new era – with a shift from video to non-video, lease to service and subscription mode, packing more than a Gbps at less than a million dollars and making bets that extend from Thousands to Millions in scale.
Consumer Broadband has been at the epicenter of the buzz created by the planned mega-constellations and upcoming very high capacity satellites. SpaceX, OneWeb and now Amazon plan to connect the unconnected billions globally, using Low Earth Orbit (LEO) satellite constellations.
While the satellite industry is buzzing over the evolving LEO constellations wave, with news ranging from the launch of SpaceX’s Starlink satellites to the shutdown of Leosat, there is a similar flurry of activity at a much lower altitude in near-space.
Two years since Intelsat first proposed it, C-band spectrum (3.7-4.2 GHz) repurposing has been a consistent newsmaker. Marred with differences of opinion on spectrum proceeds vs. the urgency of 5G deployment in the U.S., the proposal has been a political talking point:
It’s that time of year again. Autumn leaves, and children in costume, candy and ghosts around every corner. In our business, many days feel like Halloween, in a way. Companies emerge from stealth mode, try on different business cases, and venture forth seeking market validation. Market trends come and go, but the most popular, the.
Naturally, given their vantage point, satellites stand as one of the key enabling technologies to assist in these efforts, and it’s not just traditional imagery that is called upon to help assess the damage.
Satellite data applications have grown recently due to a variety of factors: the rise of small satellite platforms, the increased adoption of cloud computing, IoT, and machine learning, amongst others.
With so many small launch startups racing towards success on a global scale, the stakes have never been higher to cut through the noise and evaluate all initiatives for probability of success before committing to a launch partner. Well-informed decisions will be critical to all industry players involved (investors, smallsat operators, brokers, and partners) as they will have far-reaching consequences. So, what factors need to be considered and analyzed to help tip the scales when making these decisions?
Mining should be an ideal energy segment for the satellite industry to generate progressing revenues, given the remote nature of operations, the mission-criticality of requirements and the growing digitization activities in the sector as a whole.
Small GEOs – the latest solution in the long list of capacity options that operators are looking to implement. With rising competition in most countries, and decreasing break-even pricing via ever more efficient satellites and reduced launch costs, many operators see large GEO sats as quite risky for regional appetite.
We won’t lie – 2018 was a hard year for satellite players with an interest in the Energy Markets. Commodity pricing for energy products was weak or unstable, global economic activity shrank, and energy customers had their own financial challenges. So – in the face of ongoing macro-economic challenges, why does NSR continue to be so optimistic around a 2020 turnaround?
Satellite manufacturing and launch markets are evolving at rates never seen before. With a bevy of actors entering the satellite market at different levels of the value chain, the new dynamic is changing the way this industry measures growth – with the number of satellite orders and price/ kg losing relevance as market indicators. In.
Backhaul will undoubtedly be one of the key verticals for satcom growth in the coming years. Lower capacity pricing is certainly unlocking demand elasticities; however, not all markets are homogeneous in terms of adopting 2G, 3G and 4G services.
Global satcom capacity revenues continue to evolve at low single-digit rates scoring 2% growth last year. Obviously, data is becoming the star for revenue growth and operators with higher exposure to video and legacy FSS capacity are more prone to turbulence. But, in these transformative times in which raw capacity is commoditizing, operators must rethink.
Today, the passenger maritime segment is one of the best-connected satellite-enabled end-users around. With record-breaking throughputs in the news over the last 12 months, the passenger maritime sector continues to provision vessels with higher and higher data rates.
When NSR noted that IFC markets did not do so well in 2018, it was not comparing the ‘hype’ with its forecast, but rather its own forecast with respect to contracts signed, antenna production, installation rates and aircraft to be outfitted. All these factors did not pan out as expected and despite a rather gloomy.
Backhaul is poised to be a key driver for satellite industry growth. The combination of advanced ground segment technology and competitive capacity pricing makes satellite a compelling solution for MNOs to expand coverage.
The last few years have seen increasing interest in space-based optical communications, driven by the convergence of multiple trends: rising small satellite data volumes, increasing security concerns and Radio Frequency (RF) spectrum congestion, to name a few.
The Maritime Satellite Communications market is at a crossroad; more capacity is available in all frequencies and orbits thanks to Iridium’s recently launched Certus plans, VSAT terminals are getting lighter and cheaper, and end-users continue to find value in some flavor of higher throughput connectivity.
At the recent Satellite 2019 and the AIX 2019 conferences, there were many discussions centered on enhancing the passenger experience and, in the process, monetizing what is still today relatively low returns on IFC investments by airlines.
Currently, there is much debate surrounding the viability of In-Orbit Servicing applications in the space industry. Despite some recent setbacks and perception of uncertainty surrounding upcoming IOS Services, GEO satellite life extension is garnering most interest out of all IOS offerings, and the demand is expected to increase over time. With government and military sector.
As a technology with the potential to impact both satellite and ground network operators, optical satcom is emerging as a contender and/or a complement to existing radio frequency (RF) communications infrastructure.
The largest commercial airlines offer inflight connectivity on some portion of their aircraft. In fact, most of them have some form of connectivity in service or under contract across their fleet, if not on the majority of their aircraft.
Startups in the space industry continue to emerge across the value chain, from space infrastructure capabilities to downstream services, targeting new approaches to compete with incumbents and broaden the market.
The “Total loss” of a satellite like Intelsat 29e, just 3 years into its 15-year life, has 2 significant implications: the sunk cost of the satellite, in addition to over 12 years of potential revenues and 6,552 kg of uncooperative debris roaming uncontrolled in geostationary orbit.
The satcom industry today relies on five major elements – Pricing (competition), Supply (indicating Asset worth), Demand (Growth), Break-even pricing (manufacturing innovation) and Ground System (efficiencies). While the economics of demand growth and ground system efficiencies have been proven to be more linear in the last several years, the same cannot be said for Supply.
While the overall growth of the smallsat market is beneficial for the space economy as it is helping lower the barriers to entry and create new revenue streams in the (relatively) near term, the impact of this growth on the space ecosystem in the long term is less often discussed.
With barriers to space market entry lowering considerably, and a supportive ecosystem growing, the emerging space market continues to attract interest with a flurry of activities across multiple applications. Falling technology costs and government support pushing for commercialization further aid this ecosystem, positioning it as both competition and a complement to traditional space incumbents. With.
When the term “flat panel antenna” (FPA) is mentioned, most envision a completely flat, non-moving piece of communications technology. These systems, specifically electronically-steered antennas (ESAs), capable of faster tracking and pointing than parabolic ones, are seen as an impending necessity for satcom, especially given the soon-to-be full skies of LEO constellations. Interest and development in.
For years, the emerging nature of FPA technology has long maintained price and performance as the main market obstacles. Compared with parabolic systems, flat panel antennas were not seen as viable, except in environments requiring a low-profile solution.
Handheld telephones are a traditional, legacy of mobile satellite service, with these devices long used for remote satcom communications. However, in recent years, growth of handhelds has flatlined, driven by increased terrestrial connectivity, new alternatives and more versatile devices. With the market undergoing increasing change, the L-band land mobile market of the past isn’t the.
In the traditional satcom business case dominated by video, the satellite and the orbital position were the core differentiators (multicast advantage, platform effects on DTH and Video Distribution). However, in a world that is increasingly dominated by data, raw satellite capacity is commoditizing and the new entities driving growth are networks. This has tremendous implications.
Video is that largest consumer of bandwidth today and will increase exponentially over the long term –streaming video that is, not linear TV. As the industry moves from video in terms of cord-cutting to streaming data, the satellite play is still unclear when it comes to supporting services such as Netflix or Hulu. Today, there.
The use of small Unmanned Aircraft Systems (sUAS) in the commercial world is still nascent and growing with drone technologies developing rapidly, be it with payload, energy or autonomous capabilities. Amongst the many applications being explored with UAS, ranging from delivery services to infrastructure development, imaging stands out as the frontrunner with a high interest.
Historically, Government & Military satcom markets have suffered from terminal troubles – too costly for AEHF, delayed for MUOS, a mismatch between terminal and frequency/network capabilities, etc. The list is as extensive as the terminal inventory of the U.S. Government, which is stated to be in the tens of thousands. Quite simply, the terminal trouble.
There has been significant industry focus on the connected car via satellite, and whether satellite can have a significant role to play with private and government vehicles. However, what is oftentimes missing from the debate, is the prospect for connected trains and buses to be served via satellite. While the broadband connected car will present.
2018 emerged as an understatement compared to the hype generated by satellite operators. Revenue didn’t rebound according to expectations, pricing and backlog both declined across operators, and video finally showed no signs of further growth, as multiple operators posted revenue declines in video even with marginally increasing demand. Looking downstream, suffice it to say that.
What’s next for satellite-based Earth Observation? Driven by technology and competition, the business has grown quickly in recent years. From imagery to insights, from single satellites to constellations, players along the value chain have pushed hard to offer unique services, and the market has diversified and expanded. In an industry dominated by optical and radar.
In theory, radar imagery for Earth Observation is far superior to optical. With imagery capable of capturing scenes at night and penetrating clouds, SAR overcomes many challenges inherent to imaging the Earth with passive optical sensors. It would seem that investors are banking on these capabilities for increased coverage and insights from SAR imagery given.
MILSATCOM or COMSATCOM has been one of the most contentious debates in the Gov & Mil Markets over the past five years. On the surface, the debate is all about the economics of ownership – in the truest definition of economics – including all the opportunity costs associated with MILSATCOM networks. Recent acquisition of 2.
The Government & Military (Gov/Mil) market for satellite communications remains optimistic, with nations across the globe doubling down on defense spending to drive their own civilian and military government capabilities. Satcom will continue its rise as a central element here, as more governments move towards network centric asset deployments with data-intensive processes. At close to.
LEO constellations such as OneWeb or SpaceX continue to see Internet to the masses as a primary target market. However, for this market to materialize, the whole ecosystem must align, and antennas (among other elements) are still a big unresolved issue for consumer-grade services. In which direction are market forces and incentives pushing the development.
Recent (Q2 or Q3) financial results have been a mixed bag for the industry. Video revenues have consistently declined on a YoY basis for most operators including Intelsat, Eutelsat, SES and EchoStar Satellite Services, while most operators have posted gains in network connectivity – most prominently in Government and mobile connectivity verticals, including ViaSat. To.
Satcom IoT is going from strength to strength, and not showing any signs of stopping, with NSR expecting growth to continue over the coming decade across a wide range of applications. However, on the horizon are many competing IoT network deployments that promise to significantly lower the cost of hardware and airtime costs associated with.
These days, smallsats generate a lot of attention, from players raising millions of dollars, losing millions of dollars, or providing thousands of images to spy on Iranian oil smugglers. Among the attention and potential, it is fair to say that the overall picture of the emerging EO smallsat market is sending mixed signals. Smallsat operators,.
In recent years, satellite operators have busied themselves finding new ways to deliver cost-competitive connectivity in response to evolving consumer demand and price expectations. On the satellite design side, this encompasses new architectures, multiple forms of heightened risk taking, and adoption of low or no heritage technologies. SES is pushing this process even further with.
The traditional satcom industry can be argued to be entering its third transition phase, after the FSS video boom until 2010 and the HTS influenced pricing decline more recently. With languishing growth in 2018, alongside declining EBITDA margins and backlog, the operator industry remains uncertain on video, while debating on the merits of going fully.
With over $71B in cumulative retail revenues forecasted over the next ten years in our latest view on the market opportunity for Government and Military Satellite Communications, NSR is often asked: Why the Optimism? What has changed? Where is the opportunity (for me)? To start answering those questions, we need to first examine the macro-level.
For decades there has been a plethora of ways to connect M2M and IoT devices – satellite, GSM 2G, LTE, NB-IoT and LPWA. Satellite-based M2M has gone from strength to strength throughout the development of all these new forms of IoT connectivity. With a 5G world around the corner, will satellite-based M2M/IoT finally meet its.
C-band reallocation debates between satellite operators and telecom providers aren’t new. Mid C-band spectrum is seemingly ideal for low frequency applications and resistant to rain fade, with recent 5G technology promoters terming the 3.7-4.2 GHz spectrum as a sweet spot. This part of C-band traditionally has fallen under the purview of the larger 3.4-4.2 GHz.
Smallsats for IoT are making noise in the press, with just this past week an announcement by a Luxembourg-based consortium for yet another smallsat IoT constellation. Myriota also raised another $15 million earlier this year, and many more similar announcements have been made. While “everything will be Internet connected and terrestrial only covers 10% of.
Asia is undoubtedly one of the fastest growing regions for satellite communications. Raw market potential is massive combining poor terrestrial coverage, difficult geographies and buoying economies. Many players, both local and international, are looking to capture opportunities in the region as markets continue to be under-penetrated. Yet, there are significant roadblocks and hurdles that have.
The terrestrial telecom industry is fast shifting towards 5G networks, with Software Defined Networks (SDN) and Network Functions Virtualization (NFV) forming key parts of major strategic efforts. This is seen in multiple market movements where organizations such as Verizon, AT&T and Ericsson have begun to shift towards adopting SDN/NFV approaches to manage increasingly complex networks..
OneWeb, with its FCC filing approval in 2017, re-introduced the concept of offering global, affordable, high speed Internet with a bigger – and in some respects – better LEO satellite constellation than its predecessors. In terms of size and (advertised) capability, OneWeb is leading the LEO Constellations 2.0 era. In many ways, the future trends.
Pricing has been the most painful headache for satellite operators for the last couple of years. Rapid erosion in pricing, coupled with lackluster top line demand, has led to widespread revenue declines. With the industry readying for the next tsunami of capacity supply coming from LEO constellations and VHTS, pricing is unlikely to rebound anytime.
An epithet for the real estate industry, this might as well describe the satellite big data (SBD) market. With the drive for digitization spanning multiple verticals, the need for satellite-based analytics solutions will only increase in the coming years. That said, such solutions find greatest potential in applications where the spatial component of data is.
While a lot of attention has been given to the bandwidth battles in the cruise industry, it is easy to forget that merchant maritime is the bread and butter of the maritime satcom market. With all facets of the market looking to improve operations, adding more digitalization and automation into their operations, the need for.
In these times of declining revenues and uncertainty, satellite operators are very cautions when choosing their future strategy and committing to large CAPEX investments (i.e. reduced number of GEO Satcom orders). With the current pivot towards new revenue drivers and the emergence of new architectures, technologies and business models, operators are in front of one.
The evolution of technology underlies a few key trends that have the satellite industry poised for change. Advances in computing power in the Earth Observation (EO) segment have led analytics providers to enter and vie to capture new vertical markets, ranging from forestry to finance. Added to this, there is a proliferation of digital technologies.
As the end of summer nears, the cruise industry ‘big season’ is in full swing. With over 100 new ocean-going cruise ships expected to enter the market over the next ten years, and the ‘always-on’ life-style of travelers these days – the bandwidth demand (and revenue potential) for cruise connectivity is growing significantly. From 300.
The business jet community’s annual ‘grand mass’ in Europe held in late May this year rumbled with positivism about the status of the industry going forward. Following many years of ups and downs, observers and stakeholders held the view that the industry was well on its way to a full recovery. These good signs are.
LEO constellations, theoretically, benefit from economies of scale which, in simple terms, is the cost saving associated with the increased level of production. The advantages come in the form of discounts for bulk orders and higher production volume as a result of specialized resources – human and otherwise, to name a few. While the benefits.
The Earth Observation (EO) market has been in constant evolution and recently, it has transitioned from costly, large EO satellites to smaller, more nimble ones flying as part of constellations. Using many small satellites is enabling real-time earth monitoring and observation, and with this, increasingly large amounts of data are being produced every day. Additionally,.
As the technological prowess of satellite component and prime manufacturers has developed over the past half century, satellites have increased not only in capabilities but in longevity. A satellite launched in the 1990s was designed to operate for an average 12 years, a life expectancy that by the 2000s increased to 15 years. Many continue.
Maritime markets have long been labelled the ‘sleeping giant’ of mobility satcom. Not as driven as in-flight connectivity, nor as full of potential as the connected car, maritime in years past seemed quite content to stay on its slow and steady growth course. However, falling capacity prices, new form factors and possibilities from analytics as.
Despite the common notion that Wi-Fi is free, there remain ‘havens’ where it is still a fee-based service. In-flight connectivity (IFC) is one such market, and recent news shows it will remain a paying service for many passengers as more airlines takes control over it. Directing connectivity and bandwidth services, with more freedom on setting.
As digitalization continues to move across the O&G sector, new sources and production capacity continues to come online. “Big Data” and real-time data are fundamentally transforming the how of Oil & Gas exploration & production – pushing more bi-directional transfer of information from well to HQ. With all of this data information, VSAT Broadband connectivity.
The Military segment has, historically, primarily been served by GEO satellites for execution of critical applications, including intelligence gathering, navigation and communication. GEO systems, by nature, offer the advantage of significant coverage via a single satellite, especially with the advent of GEO-HTS satellites. On the other hand, latency and significant CAPEX have always been limitations.
NSR’s Emerging Space Market Opportunity (ESMO) report explored global investment in players driving the development of new applications and approaches to the space industry. Most companies studied started small, delivering innovative products or ideas addressing an existing need or developing a new market niche. Except for a successful minority, most remain at the research and.
China and India have engaged in space activities since the mid-1900s, developing domestic satellite manufacturing and launch capabilities across a range of applications. Both have focused on national demand, with limited international commercial pursuits. Yet this dynamic is quickly changing. The two nations have heightened their scope of activities, leveraging space as a strategic tool.
Wrong: in an unsuccessful or unfortunate way or out of working order or condition These two definitions offered by Merriam-Webster’s dictionary could aptly describe what many believe is the quality and state of inflight connectivity in general today. But is this the right way to think of a business on a slow but definite upward.
The mining industry, which has so far remained the smallest addressable market for the energy satcom providers, is gradually morphing into a growth opportunity for satellite connectivity. On the heels of the last commodities downswing, globally diversified miners are focused on increasing productivity and maximizing the value of their existing assets, while newer mining juniors.
The approved merger of AT&T and Time Warner is an interesting and multi-faceted case to analyze because it is not just shaped by converging trends modulating telecoms, media and Internet businesses but also by an evolving regulatory framework, telecom-Internet players’ power balance and even U.S. politics. The sheer size of the merger raises eyebrows but.
Following the launch of the Gaofen 6 satellite last weekend, China matched – and three days later surpassed – its 2017 launch rate a mere 5 months into the year. If China achieves its planned cadence to exceed 40 launches in 2018, it would more than double last year’s total and quadruple the rate of.
New trends in video consumption are challenging traditional satellite video platforms. Emergence of OTT and video streaming is starting to have an impact on subscriber counts and, consequently, on the value satellite operators can generate and capture from their assets. However, satellite continues to be the best solution for reaching large audiences, especially when terrestrial.
Iridium and Globalstar arguably disrupted the telecommunication industry with the launch of their respective LEO satellite constellations. As the legacy players of this arena, they experienced first-hand the challenges that come with, and historically, predominantly outweigh the benefits expected from the implementation of large satellite communications constellations. In the last decade, lessons learned from these.
With attention in the Energy Industry typically focused on the Oil & Gas sector, it is sometimes easy to forget how satcom connectivity is shaping up in other sectors, such as Electrical Utilities. Utilizing 6 out of every 10 in-service units within the Energy satcom sector, the Electrical Utility segment continues to show signs of.
The advent of bulk HTS satellite capacity has changed the satcom game. Irreversibly. What started as an alternative to FSS, an innovation with frequency re-use spot beams, has become mainstream and dictated price changes for at least the past 2 years. 60% wholesale price drop across HTS verticals, most prominently for backhaul and consumer broadband,.
Satellite Backhaul has historically relied heavily on coverage obligations to attract demand. Consequently, regulators were the primary driver for demand in this vertical. However, if satcom is to capture the massive opportunities in this vertical while bridging the digital divide, it should be able to serve commercially-driven sites. In this new paradigm, legacy regulations and.
Flat panel antennas have great potential to expand the satcom addressable market but remain one of the least developed aspects of the industry. Despite high demand for low-profile solutions for certain applications, and several hundred million dollars of R&D spent to date without much results, FPAs are still struggling to carve their niche. Some verticals,.
The state of play is clear: satellite capacity pricing continues to fall at an accelerated pace, and satellite operators are unable to generate sufficient additional demand, leading to revenue declines. Upcoming larger GEO-HTS systems, NGSO constellations and simply put, technology evolution, will continue driving prices down. In this context, (when) will demand elasticity reverse this.
Much has been commented about the current state of the industry: capacity oversupply, declining capacity prices, a shift to service businesses to strengthen top-line revenue, partnerships with end-customers, and consolidation necessity to future-proof. After a careful study of the past few years, it is certain that most trends are true – reflecting operator strategies as.
Some of the best characteristics form airborne and satellite systems can be implemented into HAPs to provide a range of apps, but mishaps remain a challenge that operators and manufacturers need to overcome. Google Loon, Worldview Enterprises, and Raven Aerostar are the three most prominent names in the High-Altitude Balloons market, and they have demonstrated.
The connected car is one of the most talked about opportunities for satellite-based flat panel antennas, yet it remains elusive and still many years away from being realized. With millions of vehicles entering the market every year, the successful deployment of the connected car via satellite could be very lucrative for FPA manufacturers. However, NSR.
Space is both a frontier to conquer and an arena where superpowers collide. The space economy has commercial implications that boost a country’s global standing as well as military interests that provide key strategic advantages. China has entered or has ushered in a new space race, pitting itself against the United States. How are the.
As the space industry looks towards a future built on diverse and resilient architectures, rapidly evolving demand, fast technology development, and multifaceted economic activity in-orbit and beyond, servicing spacecraft is a key capability to bring along for the ride. Applications envisioned have the potential to both ease historic pain points for satellite operators and open.
The satellite industry has witnessed a meltdown over the past few years with capacity prices falling over 30-60% across most verticals. This decline doesn’t just stem from increased supply and competition, but also from critical intertwined factors: increased bargaining power of service providers (SPs) as operators dilute their market positions for aggressive selling and a.
Attendance at last week’s SATELLITE 2018 in Washington, D.C. demonstrated the expansion of the traditionally GEO communications focused satellite industry to a more diverse collection of players and applications. Discussions of broadband connectivity, the potential of Big Data, and cost reduction involved established and emerging players alike, with smallsats entering the dialogue more than ever.
The satellite communications industry faces a considerable challenge ahead: deploying the ground segment to tap into the huge bandwidth coming from future systems. So much so that many of the discussions at the Satellite 2018 conference underway in Washington, D.C. center on the ground segment with announcements from ViaSat, GetSAT, Kymeta, and other manufacturers. While.
In late-February 2018, the China Aerospace Science and Technology Corporation (CASC) announced plans to build a constellation of 300 small satellites in LEO for global communications and other services. The Hongyan (translated as “wild goose”) constellation, which is targeted to be operational by 2021, was originally designed for 60 satellites. The current plan expands to.
With Space Logistics, LLC (Orbital ATK) landing its 2nd customer and Effective Space Solutions its 1st, interest in In-Orbit Servicing (IoS) is making a comeback, conceivably to stay this time. In theory, IoS presents diverse opportunities, from extending satellite life and transporting it to the correct orbit in the near term, to repairs and potentially.
In a few weeks, the satellite industry will gather in Washington DC for the annual Satellite show. Set in the backyard of one of the largest consumers of commercial satellite capacity in the world, the show will focus on the “What’s New and What’s Next” – a constantly changing conversation in the space industry. However,.
Satellite servicing technologies have long been in development, only now coalescing into integrated systems ready to hit the market. Just this year, life extension services have been contracted for three satellites, adding to two other deals already finalized. This process has been a combination of technology push from manufacturers and start-ups alongside indirect market pull.
Consumer Broadband has been one of the biggest success stories for the satellite industry. Millions of subscribers have signed-up in North America, which paradoxically faces one of the strongest competition from ground alternatives. With multiple actors now looking to replicate the model internationally, including areas with lower disposable incomes, will the growth story continue? With.
Ever since Skybox Imaging and then Planet Labs hit the news headlines, smallsats have been lauded as the future of the space industry, portrayed in the mainstream media as enabling novel applications, making space accessible, and delivering a new paradigm. Perception within the industry has been more mixed, but commercial and government players alike broadly.
As GovSat-1 transitions into its operational orbital position, the Government & Military market is seeing renewed investments into next-generation government-owned MILSATCOM systems and customized commercial offerings for end-users as the market find itself in the middle of a period of renewed growth. On the Government-only capacity market, GovSat-1 is nearing the end of a chain.
Satellite constellations is one of the most exciting trends in the Earth Observation (EO) market today. Insight-hungry end-users are demanding more data, more often, and look to current and upcoming fleets of satellites to provide it. Investment and launch availability continue to grow, with constellations under development for satellites both big and small. However, another.
The smallsat manufacturing and components market has developed somewhat haphazardly – a combination of post-university projects, commercial start-ups, and established companies growing into the smallsat business – producing a multitude of players in an increasingly competitive market. M&A is the natural consequence for this young market as it matures and companies seek to consolidate market.
Apart from being lightly licensed and allocated, very little(!) In fact. Being in a higher frequency range compared to Ku-band or Ka-band, V-band is more susceptible to rain fade, presenting technical and market challenges compared to current solutions. More importantly, apart from experimental payloads and systems on the ground to support such trials, ecosystem development.
As the satellite industry and the U.S. Government start to kick things off for a New Year, planners continue the process of creating the next-generation of Gov & Mil network designs. With a renewed focus on the importance of space to executing the national security missions of countries across the globe – and ‘assured access’.
While many actors in the satcom scene have turned their focus to data markets, the reality is that video continues to generate over 50% of overall satellite capacity revenues. OTT and other alternatives are slowly impacting DTH offers such that satellite needs to evolve to stay relevant. The set-top-box (STB) is at the forefront of.
In these transformational times for the satellite industry, the value chain is contracting, creating new tensions in the ecosystem. Factors such as the emergence of HTS, the severe pressure on raw capacity pricing or the growth in new verticals like mobility are only accelerating this trend. Multiple Service Providers are already complaining about Satellite Operators.
Satellite-based Earth Observation (EO) is changing from an imagery-driven to insight-driven business. Until now, most satellite operators have been content with supplying imagery, while emerging downstream companies have begun unlocking the value behind the pixel, through Big Data analytics. However, satellite operators are beginning to shift focus. Last month, Planet completed “Mission 1”, to image.
The Connected Car is a hot topic, with vehicles rapidly changing from internal combustion machines on wheels to computers on wheels. Connectivity requirements are increasing for the current generation of cars, and consumers expect greater levels of sophistication in the ‘digital car’ than ever before. With much of this connectivity currently served by cellular networks,.
Consumer Broadband has emerged as a “killer app” for the satellite industry with millions of subscribers to be added around the globe in the coming years. Much criticism has been posed over the sustainability of the model and how mobile operators might turn to be a major threat given its competing broadband products. However, the.
The satellite industry is innovating at an extraordinary pace with satellites hosting orders of magnitude more capacity each generation and at much lower bandwidth prices. This is certainly opening new opportunities but, at the end of the day, it is not bandwidth that matters but what can be done with that connectivity. VSAT platforms, and.
Satellite imagery has traditionally been sold by the scene. Customers would look at certain criteria, and satellite operators would match their request with available archived or tasked images. Sales cycles were long, and the focus was on the quality and the resolution of the data. However, increasing supply, and pressure from downstream services are prompting.
The M2M/IoT via satellite market has traditionally been one of low data rates, providing M2M end users with tremendous value from small data packets for the purposes of location tracking, temperature monitoring and myriad other applications. Traditionally most M2M usage has consumed very miniscule amounts of data, compared to nearly all other kinds of applications,.
The satellite-based M2M market is a comparatively small percentage of the overall market for M2M services. However, with tens of billions of M2M devices expected to be brought into existence over the coming decade, the overall number of satellite-based M2M devices has potential to be significant. As NSR examines in its M2M and IoT via.
Redirected to subject matter Research Director – original author no longer with NSR The Asian satellite telecomm market has for some time been relatively fragmented. Several countries with comparatively small populations, or comparatively small economies, or both, have launched their own satellites, with these programs having varying levels of commercial motivation. However, due to spectrum.
The industry has turned its focus on cybersecurity challenges facing the maritime satellite communications sector in recent months. It will also be a central topic for an upcoming NSR presentation at DigitalShip’s Maritime Cyber Resilience Forum in Hamburg. The increasing digitalization and connectivity available and expected to be in the industry over the next ten.
Buzzwords such as New Space, Space 2.0, Emerging Space, applied to new, nimble, innovative, and atypical activities, encompass companies grouped together due to their approach. Fueled by the Silicon Valley-mindset and PR, the distinctions between these players and their investment can be a challenge to identify. Yet it is within these distinctions that lay the.
The rise of Space 2.0 is embodied by the large-scale use of nanosatellite constellations, packaged in an agile aerospace model to challenge the traditional practice of developing large satellites. At the heart of this model lays the principle of learning and developing satellites, “On-The-Job”. With Planet recently launching 48 Doves on the Soyuz rocket, the.
Redirected to subject matter Research Director – original author no longer with NSR The political landscape surrounding the European Union and ever-closer militarization amongst its Member States is a complex and divisive topic. However, public opinion has shifted more favorably towards the idea of sharing some of the burden, especially for those countries that may.
Viewed through the 2017 press reel, the emerging space market is vibrant, novel, and changing the face of the space industry. Indeed, hot on the heels of SoftBank’s $1.2B investment in OneWeb in December 2016, Planet’s acquisition of Terra Bella, Thuraya and Iridium’s partnerships with smallsat constellation operators, SES’s contract for an O3b expansion, and.
Satellite business models have traditionally relied on incumbent technology and DTH demand. The advent of satellite broadband demand, rush for acquiring market share in aero and backhaul verticals and instances of rapid price deterioration of satellite capacity – indicate a shift in these business models. Today’s growth model signifies a fluidity between the lease and.
The satellite industry is at the cusp of a major transformation and, despite attracting less hype than other elements of the industry, the Ground Segment must play a primary role in opening new markets. The opportunity is also extraordinary, according to NSR’S Commercial Satellite Ground Segment 2nd Edition report, with annual equipment revenues surpassing $15.3.
In the midst of ‘Apple-mania’, two important announcements in the satcom business were made that are key to the future development of the Maritime satcom market. SES announced its ‘next generation’ MEO-centric network architecture called mPOWER and Kymeta’s sea trials in the Super Yacht sector for its KyWay terminal were concluded. Both are significant because.
In the race to gain more customers for its onboard Wi-Fi service, airlines are following a path that could be surprisingly efficient to generating more revenues: they are giving it away. That is, partially. Indeed, the hope is that some free airtime will lead passengers to get hooked and pay for continued or better service..
Redirected to subject matter Research Director – original author no longer with NSR When looking at future growth opportunities for satellite operators, most revenue growth will come from HTS, with this corresponding to the significant amount of HTS capacity entering the market over the coming years. However, as NSR shows in its Global Satellite Capacity.
Redirected to subject matter Research Director – original author no longer with NSR Satcom markets have traditionally been defined through DTH and remote connectivity use cases, along with an oligopolistic value chain and an upstream B2B lease market where-in the EBITDA margins of satellite operators can be the envy of many markets. The past.
Just how many dollars are down the maritime VSAT Value Chain? The talk amongst nearly every facet of the maritime VSAT market are satellite operators moving closer and closer to selling directly to the end-user – and there are some very visible moves to that effect from players outside the traditionally called-out Inmarsat. Looking at.
Redirected to subject matter Research Director – original author no longer with NSR The phrase high throughput satellite can at times understate the extent to which HTS technology is indeed a great leap forward for satcom. Traditional FSS wide-beam satellites have tended to see a capacity of around 20-50x 36 MHz transponder equivalents (TPEs), which.
Redirected to subject matter Research Director – original author no longer with NSR The polar regions have for good reason historically attracted a very small amount of investment from satellite operators and service providers. As NSR examines in its Polar Satellite Markets, 2nd Edition (PSM2), the majority of capacity over the Polar regions has.
Some of the world’s largest untapped ore, oil, and gas deposits lie underneath the Arctic, with this for years having been touted as a potential opportunity for international and national oil companies, and mining companies alike. Despite myriad challenges to access these resources, this nonetheless represents a potentially large long-term demand source for communications infrastructure..
As anyone attending a “mobility” satellite-communications centric conference can attest (such as the recent Global Connected Aircraft Conference in DC), IoT is THE big buzz-word. It permeates conversations, presentations, and marketing materials. And, for good reason! There are tremendous opportunities within the transportation sector for satellite players to offer services and connectivity to enable these.
The satcom market is rife with innovative ideas and constellations targeting backhaul, mobility, consumer broadband and government verticals. In response to this proliferation of business models, traditional satellite operators are getting involved in various capacities to tap into the demand landscape, which can be accessed through LEO or MEO fleets. These GEO-MEO-LEO tie-ups occur while.
Data has been called the oil of the digital economy, and the power of Big Data analytics has rapidly caught up among various sectors of economic activity, including the satellite industry. Satellites are undoubtedly a source of Big Data, orbiting the Earth and generating petabytes of sensor data every day. However, the complexity of accessing.
The linear TV market, comprising DTH and Video Distribution, remains the greatest revenue driver of the satellite industry. This will not change in the foreseeable future, although high growth rates of the past are more or less over. Seemingly perpetual growth is making way for longer term stability globally in terms of capacity leased. The.
This week saw the successful launch of the fourth Inmarsat Global Xpress satellite. This launch was noteworthy because the company, by virtue of successfully launching the first three, has already achieved global HTS coverage. The coverage of the fourth—planned to address areas of high demand—has been a topic of much speculation over the past year.
Redirected to subject matter Research Director – original author no longer with NSR Satellite operators have for some time enjoyed what the rest of the telecom industry might call “out of this world” EBITDA margins, and strong profit margins to boot. Operating in a niche market—for context, the combined revenues of the 10 largest.
Video broadcast for both DTH and Video Distribution has historically been the mainstay of FSS demand, with long term contracts and stable capacity demand growth ever continuing. However, with significant changes in consumer entertainment markets over the last number of years, including OTT and expanding terrestrial Internet speeds, what will be the impact to the.
Redirected to subject matter Research Director – original author no longer with NSR Emerging commercial small satellite (smallsat) launch vehicles are full of promise, but reliability is key in the government sector. – Government customers prefer reliable government or traditionally government-oriented contractor launch service providers despite potential cost savings using unproven emerging commercial launchers..
Redirected to subject matter Research Director – original author no longer with NSR “Space is hard,” is a common refrain from the aerospace industry after negative news, as if to differentiate aerospace business from any other business. But this false separation ignores the fundamentals that encourage success in any industry: a solid business plan,.