The recent $1.4B implied Enterprise Value of the Marlink transaction that was announced recently makes analysts like us at NSR pause – are there defensible corners of the satellite communications sectors that are immune from the on-going collapse of the value-chain by satellite operators? Can service providers survive the rapidly changing technology landscape of LEO.
For the better part of the past decade, “Crew Welfare” has been one of the infamous use-cases fuelling the transformation of connectivity in the Merchant Maritime markets. Enabled by the ‘unlimited use’ and consistent monthly bills of VSAT-based services, building out a robust connectivity option for capturing latent crew connectivity requirements was cited as one.
NSR’s Maritime SATCOM Markets, 9th Edition report finds on-going challenges in some segments of the Maritime SATCOM Markets through 2022. While 2020 and 2021 continue to feel the impacts of COVID-19 in segments such as the cruise ship industry, the migration towards HTS-based services accelerates.
Beyond the Uptake of Non-GEO HTS Services, a Clear Shift from FSS to GEO-HTS is Underway Cambridge, MA -July 19, 2021 – NSR’s Maritime SATCOM Markets, 9th Edition report finds on-going challenges in some segments of the Maritime SATCOM Markets through 2022. While 2020 and 2021 continue to feel the impacts of COVID-19 in segments.
As the mobility satcom market experiences an unprecedented disruption, these already stressed businesses made hard choices around their future – internal fractions in the iceberg of Maritime SATCOM Connectivity.