Satellite-based big data analytics offers 18.4bn market opportunity:Alongside more traditional applications in the energy, transportation, civil government & military sectors, prime amongst today’s fastest growing verticals is the Services sector..
NSR estimates that the biggest markets for big data via satellite will be in transportation, government/military and oil & gas – sectors where teleport operators are deeply embedded.
The satellite industry poses interesting use cases and opportunity for cloud adoption, and mainstream Cloud Service Providers (CSPs) are beginning to take note.
According to NSR’s Big Data Analytics via Satellite, 3rd edition report, the adoption of Industrial IoT (IIoT) continues to drive the digitisation and automation of the commercial transportation sector, whether it is land, maritime or air transport.
Satnews Daily: Big Data Analytics via Satellite: Where is it Headed? A Free NSR Webinar Scheduled to Scrutinize the Topic
Leveraging the power of cloud computing and Big Data, data analytics is expected to add value across a range of applications. Will the drive for digitization spanning these market verticals suffice to meet industry expectations of customer demand? While the opportunity for satellite-based Big Data lies largely in the need for insight into mobile, remote.