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.
“All signs point to some form of a turnaround in the near future”….. While some Energy Satcom markets such as Mining are showing flat growth, upstream Oil & Gas will account for nearly 50% of the new revenue opportunities in the coming decade. Driven in part by the need for higher throughput connectivity from GEO.