SatNews: NSR Analyzes VSAT + Broadband Satellite Markets — 15 Tbps Of Demand By 2030
NSR’s newly released VSAT and Broadband Satellite Market, 20th Edition (VBSM20) finds HTS, a major market growth factor, moving the segment from 800 Gbps in 2020 demand to 15 Tbps in 2030. The market will hit cumulative revenues of $135.3 billion over the next decade, with a significant demand in evolving Consumer Broadband and Social Inclusion segment leading opportunities.
Retail/Hospitality and Banking segments witness challenges in North American and European regions due to terrestrial competition and market saturation, while higher demand for upgrades remains in emerging regions. Capacity supply constraints also slow overall growth in the segment as the industry awaits upcoming capacity in LEO and GEO to capture opportunity.