In a word, Yes! However, market dynamics and the interplay of both are not as simple as they seem. For a while now, Non-GEO players have been the locus of mixed viewpoints in the Satellite Communication ecosystem due to market forces resulting into success, failure, delays and challenging scenarios. Despite all odds, the momentum for.
“The recent spate of sizable satellite operator mergers “reflects that a shift from video to data use-cases is well underway,” says Brad Grady, a space industry analyst at Northern Sky Research. It shows that the industry previously “wasn’t well positioned to capture those opportunities efficiently,” he says. “Consolidation leads to enhanced market power and a.
Fewer independent satellite operators would make it harder for new operators to enter the market, according to analysts at Northern Sky Research. Future entrants would also likely struggle to offer the same capabilities as those that have joined forces. However, even though fewer operators means less competition to drive down prices, NSR analysts do not.
The launch coincided with a report from Northern Sky Research (NSR) forecasting that the overall geostationary and non-geostationary HTS satellite market could be worth $16.8 billion by 2031. These portions of the satellite business will maintain its leadership position through the decade, with Broadband Access, Mobility and Backhaul & Trunking segments driving majority growth.
There should be little doubt that ocean cruise ships, ferries, and river ships require a lot of bandwidth. NSR projects that the average passenger ship will increase from an average of 32 Mbps per vessel in 2021 to upwards of 364 Mbps on average of throughput demand by 2031 in its latest Maritime SATCOM Markets,.