NSR’s Land Mobile via Satellite, 9th Edition (LMvS9) report, released today, forecasts despite some challenges with enterprise segments over the past 16 months, consumer handheld demand soared throughout 2020, after challenges at the start of the year. LMvS9 finds this solid base propelling the market to add over 500,000 new land mobile subscribers over the coming decade, reaching 1.2 million active subscribers in 2030.
Consumer Satcom Handhelds to Generate $2.8 Billion over Next Decade Cambridge, MA – June 1, 2021 – NSR’s Land Mobile via Satellite, 9th Edition (LMvS9) report, released today, forecasts despite some challenges with enterprise segments over the past 16 months, consumer handheld demand soared throughout 2020, after challenges at the start of the year. LMvS9 finds this solid base propelling the market to add over 500,000 new land mobile subscribers over the coming decade, reaching 1.2 million active subscribers in 2030. COVID-19 caused decreased usage across some form factors.
NSR quoted on Smallsat connectivity is increasingly in a starring role as the sector ramps up its operational footing amid an improving outlook for revenue and active engagement with markets.
As the connected device market Smallsat ramps up, IoT companies have moved from design plans to real commercial service in the last couple of years, [NSR] noted. In addition to recent satellite launches, an increasing number of partnerships are targeting specific applications, such as mining and agriculture, are also moving ahead. “With these launches and.
M2M and IoT over satellite have mainly been implemented in cargo and transport applications, as well as in energy markets. However, one application (agriculture) is expected to buck the existing trend and achieve outsized returns…how can operators capture this growth, and excel in this increasingly competitive market?
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