The Satellite Communications market is at a critical stage with the change in dynamics across the value chain. Major changes driving the markets include massive capacity supply, horizontal and vertical industry consolidations, increased need of connectivity post COVID-19 and relative reduction in regulatory barriers. With the evolving industry dynamics, stakeholders are looking for new opportunities.
So back to our original question, why are stakeholders in the GEO camp in Asia welcoming the upcoming mess and chaos?
Potential 6,000+ Laser Communication Terminal Opportunity through Next Decade Cambridge, MA– February 8th, 2022- NSR’s newly released Optical Satellite Communications, 4th Edition (OSC4) projects a $2 Billion Optical Satcom market for equipment, driven primarily by upcoming Non-GEO constellations. As Optical Satcom growth trends upwards at a 47% CAGR, projected demand reaches 6,000+ laser communication terminal.