2021 saw a continuation of industry-wide transition in the satellite communications market, with the COVID-19 pandemic accelerating or worsening key industry trends. Most of NSR’s guidance for the satcom market persisted through the year, and some are set to accelerate in 2022. These trends include uneven growth across various verticals, vertical integration and horizontal consolidation,.
NSR’s Satellite Industry Financial Analysis, 10th Edition report, released today, finds an industry enduring stunted growth with bankruptcies and revenue declines across the satellite operator and service provider segments.
Non-GEOs continue to make noise, and for the right reasons. With SpaceX launching hundreds of satellites and revealing more info on their user antennas (with Musk admitting that the biggest challenge is cost of user terminals) to OneWeb restarting their production and awaiting a 36-satellite December launch, to Telesat forming a new public company post.
We’re seeing two primary strategies starting to unfold, in the article “VHTS: Soaring to Unprecedented Heights”. “Two approaches are applied to HTS procurements today. There are satellite operators following very high throughput path — like Viasat or Hughes — [that] want to minimize that cost per gigabit per second via large scale satellites…
According to the November 2019 VSAT and Broadband Satellite Markets report from Northern Sky Research, Hughes leads the industry, having shipped at least 65% of VSATs globally in 2018 – more than five times the volume of its nearest competitor.