NSR’s Commercial Satellite Ground Segment, 4th Edition (CSGS4) report, released today, forecasts global annual revenues for the Commercial Satellite Ground Segment to grow to $14.4 billion annually by 2028, with $145 billion in cumulative revenue over the next decade. Despite turbulence in the video market, Satellite TV continues to generate the largest volumes, pushing STBs (Set-top Box) and antennas to capture the biggest share of revenues.
Forecasters at Northern Sky Research (NSR) said they expect to see a near-doubling of inflight-connectivity (IFC) revenue and 50% more aircraft with IFC capabilities this year. Moreover, IFC will generate $37 billion in cumulative revenue by 2027, the consultants said as part of unveiling the latest, sixth edition of its Aeronautical Satcom Market report. NSR.
With more airlines offering Wi-Fi on-board their planes each year, the past mishaps of in-flight connectivity (IFC) via satellite seem like a bad dream. Today, it represents a key growth market for the industry, and the future holds much more demand than ever for satellite capacity given the swift changes in take-up rates driven by.
This webinar provided an in-depth overview of demand for airline passenger connectivity, ISR missions and crew communication will shape the Aeronautical Satcom market. As the satellite industry gains ground in this emerging market, NSR projects close to 80,000 in-service units will drive revenues of $3.4 billion within the next decade. The Aeronautical Satcom market will.
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