A Regional Shift in the Cruise Market Ahead?
While Cruise Markets will still comprise 95%+ of overall SATCOM Demand through 2022, River Cruise Capacity Demand is growing significantly faster over the next couple of years compared to Ocean Cruises.
A Slow(er) Wave of Recovery for Maritime SATCOM Markets
While there is no doubt that COVID-19 has impacted the Maritime market, the “COVID-dip” is significantly less pronounced for Maritime than Aeronautical SATCOM markets.
Cruising to Higher Bandwidth
Today, the passenger maritime segment is one of the best-connected satellite-enabled end-users around. With record-breaking throughputs in the news over the last 12 months, the passenger maritime sector continues to provision vessels with higher and higher data rates.
A 1st-Order Solution: More Broadband Maritime Vessels
The Maritime Satellite Communications market is at a crossroad; more capacity is available in all frequencies and orbits thanks to Iridium’s recently launched Certus plans, VSAT terminals are getting lighter and cheaper, and end-users continue to find value in some flavor of higher throughput connectivity.
NSR Report: Maritime VSAT Connectivity Reaches Tipping Point
The right combination of price, end-user requirements, and connectivity demand is having a significant impact on the market.