Satellite operators are at a crossroads due to a rapid revolution in satellite capacity provisioning worldwide. The satellite capacity industry was originally dominated by recurring, high-margin video applications, but its focus has now shifted to high-growth, data-centric services. A range of fixed and mobile data applications now dominate the growth story via numerous capacity types, orbits and ultimately, business.
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.
One opportunity that 5G NR also opens up is the ability to connect from the ground to 5G-capable satellites. Lluc Palerm, Northern Sky Research analyst, told eeTimes that “that’s going to be very big, in the sense that it’s going to open a huge additional market for the satellite industry.” This will open up interesting applications in the.
NSR’s newly released Wireless Backhaul via Satellite, 16th Edition finds the Wireless Backhaul via Satellite market entering a key period of execution with 12.9% YoY revenue growth ahead. Only just scratching the surface of opportunity, the segment targets a total unserved addressable market of 28.4 Tbps compared with today’s total capacity demand of approx. 600 Gbps. Bridging the.