Connected Vehicles and HTS Comms on the Pause Services Positioned as Fastest-Growing Satellite Land Mobile Markets Cambridge, MA – May 5, 2022- In its 10th year, NSR’s landmark Land Mobile via Satellite (LMvS10) report finds a significant revenue migration underway from narrowband to broadband applications. Though currently dominated by narrowband services, connected vehicles and High Throughput Satellite.
NSR has heard the hype for years of the connected car, with dreams of every vehicle having a satellite dish on its roof. Elon Musk recently stated that Starlink will be connected to aircraft, ships, large tracks, and RVs – specifically excluding connected cars such as Teslas. Other companies by comparison, are planning to go.
A study from Northern Sky Research (NSR) says “Connected cars are one component of this new revenue growth, and with a huge addressable market, it’s no wonder satellite operators, ground equipment manufacturers and service providers are all keen to enter the fray and carve out a piece for themselves.
The international satellite and space research and consulting company Northern Sky Research (NSR) sees the international broadband connected car market growing to over $1bn by the end of this decade, NSR said in a recently published summary of the 8th edition of its Land Mobile via Satellite report.
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NSR’s Land Mobile via Satellite, 8th Edition report discussed in SpaceNews article. Northern Sky Research projects revenue from the connected car market, in which it includes buses and trains, to crest $1 billion by 2029, even though more than 99% of cars will remain unconnected by satellite.