With countries learning to adapt to COVID-19, the construction industry is rebounding after a relative lull in the level of construction, not to mention supply chain issues halting other construction sites. With construction ramping up, heavy equipment manufacturers are no longer just interested in revenues from only hardware and are expanding into connectivity as a service and analytics platforms. While.
Direct Satellite to Mobile Devices Attracting 400 Million Subscribers in Next Decade Cambridge, MA – October 19, 2021 – NSR’s 5G via Satellite, 2nd Edition report, launched today, sees 5G access protocols that incorporate Non-Terrestrial Networks will attract 100s of millions of Smartphones and IoT devices to satellite networks by the decade’s close. Beyond traditional Telco areas, multiple segments show accelerated growth from transition to 5G, generating $125.5 Billion in cumulative service revenues. While COVID-19 may increase demand, delaying 3GPP Release 17, key actors in the.
The Inflight Connectivity (IFC) business was hit hard by COVID19, on the back of drastic downtime in aviation traffic in 2020. As a result, the segment saw on average a 35% decline in annual retail revenues last year, according to NSR’s Aeronautical Satcom Market Report, 9th Edition. However, as aviation traffic continues to bounce back.
The COVID-19 pandemic triggered a slowdown of most operational activities along the satellite manufacturing value chain. In the early pandemic days, manufacturing facilities had to put their activities on hold, and launches were delayed due to the interdependence of actors in the supply chain from both sides and the restraints put on personnel movement. This.
As the Space and Satellite Industry starts to meet again “in-person” at events like the 36th Annual Space Symposium – just what does the future look like for the space economy? 2020 and 2021 have been transformative years characterized by a truly massive number of satellites launched by ‘new players’ such as SpaceX’s Starlink, a.