Many things in 2020 have “defied norms” as it relates to the Space and SATCOM Industry – mass shutdown of cruise and aeronautical markets, significant increases in consumer and cellular backhaul demand, supply-chain disruption, and on-site installation or commissioning access restrictions. In addition to these COVID-19 related market factors, the United States will also enter.
As the Satellite & Space sectors face the same challenges as the rest of the economy, one market seems particularly robust in the face of COVID-19 – Government & Military Satellite Communications services.
Satellite-based big data analytics offers 18.4bn market opportunity:Alongside more traditional applications in the energy, transportation, civil government & military sectors, prime amongst today’s fastest growing verticals is the Services sector..
[NSR] said the U.S. military would benefit from a transition to managed network services as satellite operators improve their offerings and prices become more competitive. A “hybrid” architecture that allows users to tap into commercial and military satellites without knowing the difference has been a much discussed but elusive goal.
PR Newswire: Speedcast Enhances Presence in the Government Sector with the Introduction of Speedcast Government
Speedcast International Limited (ASX: SDA), the world’s most trusted provider of remote communication and IT solutions, announced today that the company has expanded its global brand family into the government space with the launch of Speedcast Government.