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,.
NSR’s Global Satellite Capacity Supply & Demand, 19th Edition (GSCSD19) takes a deep dive into an industry now past the COVID-19 contraction and in some areas, growing at a rapid pace. In revenue terms, the 2021 level of $12.1 Billion will grow to $30 Billion in 2031 representing a cumulative opportunity of $207.3 Billion through the decade..
NSR’s Global Satellite Capacity Supply & Demand, 19th Edition (GSCSD19) takes a deep dive into an industry now past the COVID-19 contraction and in some areas, growing at a rapid pace. In revenue terms, the 2021 level of $12.1 Billion will grow to $30 Billion in 2031 representing a cumulative opportunity of $207.3 Billion through the decade..
Global Satellite Capacity Supply & Demand Rapid Growth Propelled by HTS and LEO Constellations over the Next Decade Cambridge, MA – July 27, 2022 – NSR’s Global Satellite Capacity Supply & Demand, 19th Edition (GSCSD19) takes a deep dive into an industry now past the COVID-19 contraction and in some areas, growing at a rapid pace. In revenue.