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.
NSR’s Wireless Backhaul via Satellite, 15th Edition discussed in reference to satellite backhaul costs. Earlier this week, NSR noted in a press release the satellite backhaul industry is “just scratching the surface of the addressable market,” with around 470 Gbps of traffic carried via this medium out of a total addressable market of 22 Tbps. By.