Consumer Satcom Handhelds to Generate $2.8 Billion over Next Decade Cambridge, MA – June 1, 2021 – NSR’s Land Mobile via Satellite, 9th Edition (LMvS9) report, released today, forecasts despite some challenges with enterprise segments over the past 16 months, consumer handheld demand soared throughout 2020, after challenges at the start of the year. LMvS9 finds this solid base propelling the market to add over 500,000 new land mobile subscribers over the coming decade, reaching 1.2 million active subscribers in 2030. COVID-19 caused decreased usage across some form factors.
Northern Sky Research (NSR) in its latest analysis of capacity pricing, says that several markets are approaching price stabilisation across regions – if only temporarily. [NSR explained] that the industry’s Mobility applications (namely maritime and aero) that were the “star” performers driving pre-pandemic revenue growth for operators became the ones most adversely impacted by the pandemic.
The Ground Segment has been one of the hardest-hit elements of the satcom value chain brought about by COVID-19,” stated [NSR]. “Q2 was a disaster for many actors, and 2020 will close with revenues down by 18.6%.
The following compiles survey results from NSR’s COVID-19 impact survey on the Satellite & Space Markets.