NSR discusses incorporating the cloud into satellite businesses Over the past decade alone, adoption of ‘the cloud’ has surged forward with major legacy software vendors orchestrating efforts towards the emergence of on-demand self-service, rapidly elastic solutions on the cloud. Digitisation strategies today are less about the blanket adoption of cloud-based services and more about understanding.
As reported by NSR (Cloud Computing via Satellite Report), cloud services delivery in communication via satellite is seen to have the greatest revenue potential of up to US$1.6 billion by 2029 starting from US$200 million in 2019. Cooperation between cloud providers and satellite service providers in recent years has been increasing where integration of cloud.
NSR’s Cloud computing via satellite report cited in SatMagazine’s article on the future of Satcom.The satellite-to-cloud market offers great potential and the tech giants are looking to realize significant gains from this technology. Cloud computing via satellite is projected to drive 52 exabytes of traffic by 2029, generating a potential $16 billion in revenue from.
The interplay between Exploration and Exploitation is critical for the long-run performance of a solution, company, or sector. Enterprise VSAT market revenues have plateaued with long exploitation of the conventional satellite connectivity offerings and hence, the industry had been in exploration for next-gen technologies, products or solutions to push the segment’s topline on the growth.