According to NSR’s latest Global Space Economy (GSE) 3rd Edition report, the Space Economy is poised to generate USD$ 1.4 trillion over the period of ’21 to ’31, with a growth rate of 6.8%. Service revenue is the key driver of future revenues as infrastructure investments today move to service revenues tomorrow. With services largely.
New Standards Adoption Sets Pace for $22.1B Big Data Market Revenues Through 2030 Cambridge, MA – November 29th, 2021 –NSR’s newly released Big Data Analytics via Satellite, 5th Edition (BDvS5) report sees EO and M2M/IoT Satcom Big Data applications driving Big Data market revenues to over $22.1B through next decade. As value chain evolution ramps up opportunity across the Big Data Market, nascent markets rapidly adapting to new standards propel Big Data adoption across multiple regions. Primarily driven by Earth Observation based Geospatial Analytics solutions, satellite Big Data Analytics annual revenue opportunity will reach $3.7B by 2030. “In the wake.
While NSR has been less optimistic on the prospect of the broadband connected car, one market that does present greater opportunities and is often overlooked is the narrowband connected vehicle market. While this market won’t have the potential mass market appeal of terrestrial technologies providing consumer entertainment, this will provide a strong value proposition across a range of.
With countries learning to adapt to COVID-19, the construction industry is rebounding after a relative lull in the level of construction, not to mention supply chain issues halting other construction sites. With construction ramping up, heavy equipment manufacturers are no longer just interested in revenues from only hardware and are expanding into connectivity as a service and analytics platforms. While.
A lot has changed in the smallsat IoT market in the last year, with a plethora of IoT smallsat launches, a number of new funding rounds, and a major acquisition as well. This market is heating up, and although there have been some delays from COVID-19, particularly with launches and chip supply issues, substantial progress.