With many other LEO constellations also in the works, it is little wonder that recent forecasts from Northern Sky Research (NSR) predict that satellite communications will become the biggest single sector of the global space economy in terms of revenue by 2030. The research firm reckons the overall space market will generate cumulative revenue of.
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,.
Market to Aggregate $135.3 Billion in Cumulative Revenues through Decade Cambridge, MA – December 9th, 2021- NSR’s newly released VSAT and Broadband Satellite Market, 20th Edition (VBSM20) finds HTS, a major market growth factor, moving the segment from 800 Gbps in 2020 demand to 15 Tbps in 2030. The market will hit cumulative revenues of $135.3 Billion over the next decade, with a significant demand in.
NSR’s Newest offering Satellite Traffic Study – “How Much Data Over Satellite” (STS) is THE industry resource for assessment of the data traffic levels being generated across the sector through the decade. Providing essential insights on the volume of data ‘beamed back’ to earth the report answers: “How many PB?”
The Space Traffic Study from satellite and space sector research firm NSR finds that the amount of data to/from space will reach more than 500 exabytes of information from 2020 to 2030. Driven by the increasing needs for satellite-based connectivity and earth observation, data either generated in space or traveling through space will be roughly the equivalent.