“Everything happens somewhere” has long served as an epithet in the geospatial industry, from the brand reposition of a 275-year-old mapping agency to the regular campaigns of international geospatial events. The downstream satellite big data industry has often prided itself on the ubiquity and importance of location data, a USP for large scale geo-intelligence, in.
Direct satellite connectivity to Mobile, at affordable prices, has been one of the moonshot objectives of the industry for many years. Leveraging the advances in 5G, multiple projects are pursuing this vision, attracting huge levels of interest in its way (AST & Science going public through a SPAC valuing the company at $1.8B). But what.
NSR’s recently released M2M and IoT via Satellite, 11th Edition, found that Ku-band and VSAT will indeed grow revenues, albeit more slowly than other technology types. Recent innovations will increase and accelerate demand and revenues in the medium and long term.
NSR’s Global Satellite Ground Segment, 5th Edition report, released today, forecasts global, cumulative revenues for the Commercial Satellite Ground Segment by 2029 at $138 Billion.
Smallsat constellations for IoT have been planned for years, and launches are finally happening with constellations beginning to offer commercial services. Once dismissed as hype – the planning of these constellations has come a long way.