NSR Press Releases

NSR’s Satellite Capacity Report Sees Industry Moving Past COVID-19 Contraction to Drive $207B in Revenue Amidst Competition, Innovation and Risk-Taking

Global Satellite Capacity Supply & Demand Rapid Growth Propelled by HTS and LEO Constellations over the Next Decade 

Cambridge, MA – July 27, 2022 – NSR’s Global Satellite Capacity Supply & Demand, 19th Edition (GSCSD19)takes a deep dive into an industry now past the COVID-19 contraction and in some areas, growing at a rapid pace. In revenue terms, the 2021 level of $12.1 Billion will grow to $30 Billion in 2031 representing a cumulative opportunity of $207.3 Billion through the decade. Competition, innovation and risk-taking from all player types anchors a space economy currently at the beginning of a growth trajectory. 

“The first wave of LEO constellations is being realized with Starlink and OneWeb half-way through their first-generation constellation build-ups. Despite industry hype, the disrupting potential of these initial deployments is limited,” notes NSR Principal Analyst and report author Lluc Palerm.  “For example,” continues Palerm, “a demand-hungry region like South Asia sees only 400 Gbps of Non-GEO supply by 2025, a figure easily matched by a GEO VHTS satellite today. True risk of oversupply comes with the second wave of LEO constellations, beyond 2026.” 

“The Asia region offers massive Satcom opportunity, especially in bridging the digital divide,” states NSR Senior Analyst & report co-author Vivek Suresh Prasad. “Many activities around regulatory changes, price erosion unlocking elasticities, deployment of new services, etc. in the region are expected in the next 3-5 years. Other regions with huge opportunity in bridging the digital divide are in Latin America and Africa regions.” 

While prognosis for Satcom is highly positive across all aspects and metrics, the industry is not without its challenges – declines in Video revenues outpaced acceleration in Data, leading to another year of industry contraction in 2021 (-2.7%). The competitive landscape, price pressure, and regulatory hurdles in key markets all contribute to a highly contended business landscape. 

However, the satellite and space industries are in the most exciting phase of their history, where innovation, large-scale investments, and the realization of ROI will lead to further growth and risk-taking. Although satellite communications remain a niche in the overall telecommunications market, its overall importance, impact, and network role will increase over time. 

About the Report 

NSR’s Global Satellite Capacity Supply & Demand, 19th Edition provides a comprehensive perspective of supply, demand, price dynamics, application trends and the interaction of these elements on current and future market dynamics. GSCSD19 offers a roadmap of opportunities as well as risks per market vertical, region and technology offering covering traditional FSS satellites and HTS solutions. With actionable quantitative and qualitative inputs for business planning and opportunity mapping, GSCSD19keeps readers ahead of the market curve. 

For additional information on this report, including a full table of contents, list of exhibits and executive summary, please visit www.nsr.com or call NSR at +1-617-674-7743. 

Companies, Organizations, and InvestorsMentioned inNSR’s GSCSD19 

ABS, Amazon Kuiper, Arsat, Astranis, Antrix / ISRO, APT Satellite, ArabSat, AsiaSat, Avanti Communications, China Satcom, EchoStar, Es’hailSat, Eutelsat, Gazprom Space Systems, Hispasat, Inmarsat, Intelsat, Kacific, KT Sat, Mangata, Marlink, MEASAT, NBN, Nigcomsat, NileSat, O3b, OneWeb, Optus, PT Indosat, PT Telkom, RigNet, RSCC, SES, SingTel Optus, SKY Perfect JSAT, Spacecom, SpaceX, Speedcast, Star One, Telefónica, Telenor, Telesat, Thaicom, ViaSat, and YahSat 

About NSR (www.NSR.com) 

Northern Sky Research (NSR) is the leading global market research and consulting firm focused on the satellite and space sectors. NSR’s global team, unparalleled coverage and anticipation of trends with a higher degree of confidence and precision than the competition is the cornerstone of all NSR offerings. First to market coverage and a transparent, dependable approach sets NSR apart as the key provider of critical insight to the satellite and space industries. 

NSR primary areas of expertise include satellite and wireless networks, emerging technology, and media applications. Our services and clients cover the entire globe. With extensive expertise in all geographic regions, NSR is a leading provider of in-depth market insight and analyses. Since each NSR product is based on future perspectives, our analyses allow our clients to stay a step ahead of the competition and plan for future opportunities in all markets. 

NSR is an Analysys Mason company 

Contact us at nsr-info@analysysmason.com to discuss how we can assist your business.