Northern Sky Research (NSR), in its latest report, Wireless Backhaul via Satellite, 15th Edition, asks whether the industry be able to activate elasticities to fill the upcoming supply. Backhaul offers an excellent opportunity with high price elasticities and a huge addressable market still to be captured.
The NSR Global Space Economy (NGSE) report is the industry benchmark for evaluating trends and opportunities in the satellite and space markets. NSR’s Global Space Economy report establishes the key growth drivers in this evolving sector, with SATCOM alone representing a $500 billion cumulative opportunity through 2029. While mainly composed of infrastructure-centric revenues in 2019, the.
NSR’s Wireless Backhaul via Satellite, 15th Edition report, released today, forecasts $25 billion in annual revenue in 2030 for satellite backhaul, propelled by explosive connectivity demand worldwide and post-COVID-19 recovery in the near term. On this potential, “New business models like Managed Services and Network-as-a-Service are key to make satellite easier to adopt by MNOs,” states NSR..
Discussing space and satellite market revenue opportunity, “Classical/traditional connectivity requirements are the largest revenue source for the NSR Global Space Economy analysis,” said [NSR]. “Right now, the entire sector is in a period of transformation – from largely complex, bespoke technology to a proliferated, distributed, serialized technology stack. Software-defined and software-centric, mass-produced, and a network-of-networks are proliferating.
Northrop Grumman‘s second servicing satellite, MEV-2, approaches Intelsat’s 10-02 satellite readiness for a docking attempt. According to the Philadelphia-based satellite industry consultant Northern Sky Research(NSR) research, the GEO servicing missions will grow to about seventy-five satellites by 2030. These life-extension missions are valued at approximately $3.2 billion cumulative market potential. [NSR] reveals that’s in the.