Global Satellite Markets: Outlook in the COVID-19 Era
Date: September 15, 2020
Date: 10AM EDT
Join NSR for this informative webinar, where we will examine the latest satcom trends and COVID-19 impact across 2 core market segments.
Satcom Reality Check
The satcom industry is going through turbulent times. A wave of high-level bankruptcies, layoffs, cost-cutting measures and investment deferrals have rattled the industry. COVID obviously places significant pressure in an already challenged ecosystem, hitting key areas of Satcom growth like Mobility. But putting aside the panic around COVID for a moment, it is clear the business fundamentals for Satcom remain very solid. The actors that play their cards well will be able to capture double-digit growth once we reach the “new normal”.
Aero IFC Market Facing Slump due to COVID-19, but Long-Term Fundamentals Remain Solid
10-Year Growth to Approach 10%, Propelled by Aero Market Rebound and Long-Term Requirements for Connectivity Cambridge, MA – NSR’s Aeronautical Satcom Markets, 8th Edition report projects a viable long-term In-flight Connectivity (IFC) market, despite significant near-term challenges due to COVID-19. Coming off a challenging 2018 and 2019, 2020 has already seriously disrupted the IFC market,.
NSR April 2020 COVID-19 Survey Results
The following compiles survey results from NSR’s COVID-19 impact survey on the Satellite & Space Markets.