The rate of technological development seen in the domain of quantum communications is remarkable. The technology is in many cases still taking its first steps out of the comfort of academic circles, but this is quickly changing, both terrestrially and in space on a global scale. Indeed, things are moving quickly and NSR’s Quantum Communications.
NSR’s new report Software-Defined Satellites (SDS), launched today, sees growing satellite flexibility requirements trigger an US$86.9 billion cumulative revenue opportunity by decade’s end. Non-GEO- HTS constellation satellites will lead uptake with 95 percent demonstrating full or partial flexibility as software-defined platforms by 2030. However, operator hesitancy sees only 70 percent of GEO satellite orders to.
Demand for cybersecurity-oriented quantum communications will reach $2.6 billion by 2030, with key customers in government, military, banking and energy. “We believe there will be a markup” for quantum communications, Northern Sky Research (NSR) consultant Arthur Van Eeckhout told Connectivity Business, as some customers will be willing to pay for the most secure communications. NSR.
Satellite Flexibility Requirements to Dominate Next Decade as Expectations Push Manufacturing Orders Cambridge, MA – October 10, 2021 – NSR’s new report Software-Defined Satellites (SDS), launched today, sees growing satellite flexibility requirements trigger an $86.9 Billion cumulative revenue opportunity by decade’s end. Non-GEO- HTS constellation satellites will lead uptake with 95% demonstrating full or partial flexibility as software-defined platforms by.
But there are also other lucrative markets connected to the space industry, such as space debris removal services, or satellite servicing companies, which refuel or repair space satellites while in orbit. According to a report from Northern Sky Research this could become a $3.2 billion market opportunity by 2030.