Oil and Gas players are looking to optimize and increase productivity across their operations – which is largely built on data capture, processing, and action. In the Middle East and Africa, digitalization within the energy industry is rapidly transforming the sector. This digitalization is creating focused on moving data from remote locations, congesting existing GEO-centric.
A Northern Sky Research study says the impact on Non-GEO High Throughput Satellite supply will dramatically change the parameters for satellite operators. “The Satellite Industry’s transformation continues with revenues shifting to Data verticals and deep changes in business models. The onslaught of capacity coming in targeted to tap key markets, specifically Backhaul, Consumer Broadband, Mobility.
The Non-GEO satcom market has been highly speculative over the past decade, especially with the upcoming constellations – Starlink, Kuiper, Telesat, OneWeb and others. But in 2020, against COVID-19 odds, the segment has transitioned to a significant level of affirmation with multiple players achieving key milestones with their developments and contract awards. Although there have.
NSR’s VSAT and Broadband Satellite Markets 19th Edition report, released today, finds a resilient market, despite near term COVID-19 challenges and changing Key Performance Indicators.