The space and satellite industry was back together in force at SATELLITE 2022, with greater international participation than recent years. Topics like in-orbit servicing, software, and the commercialization of IoT took center stage. Here are NSR’s top takeaways from the event….
Market Scratching Surface of Opportunity with Total Unserved Addressable Market of 28.4 Tbps Cambridge, MA– April 12, 2022- NSR’s newly released Wireless Backhaul via Satellite, 16th Edition finds the Wireless Backhaul via Satellite market entering a key period of execution with 12.9% YoY revenue growth ahead. Only just scratching the surface of opportunity, the segment.
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.