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.
DTH services apart (which are a declining market due to IP-Video trends) and GPS aside, satellite has never been able to reach the masses. In fact, satellite requires very specific equipment, know-how, etc. and, honestly, does not offer the convenience level of terrestrial alternatives. But the inclusion of Non-Terrestrial Networks in the definition of the 5G waveform and initiatives like AST.
Next year’s update to 5G will have non-terrestrial networks (NTN) standards, easing the integration of space and terrestrial connectivity. “We are bullish about the impact of 5G on the satellite industry,” Northern Sky Research (NSR) Consultant Lluc Palerm told Connectivity Business. “It is the biggest opportunity in the history of the industry.” The “functional freeze…
The ground segment was one of the sectors of the space business hit the hardest by COVID, according to a consultant with NSR. He says deployments and new deals were halted due to travel restrictions, challenges with the value chain, and caution with expenditures. Revenues fell by more than 18 percent in 2020 to under $3.
A report from analysts at Northern Sky Research (NSR) forecasts that satellite-based 5G access could attract 400 millions of subscribers by 2030. The subscribing numbers will be made up of Smartphones and Internet of Things (IoT) devices. “Beyond traditional telco areas, multiple segments show accelerated growth from transition to 5G, generating $125.5 billion in cumulative.