2021 saw a continuation of industry-wide transition in the satellite communications market, with the COVID-19 pandemic accelerating or worsening key industry trends. Most of NSR’s guidance for the satcom market persisted through the year, and some are set to accelerate in 2022. These trends include uneven growth across various verticals, vertical integration and horizontal consolidation,.
The satcom industry is set to witness the next wave of growth, driven by growing opportunities in consumer broadband, enterprise networks, mobility and government/military services. While some of these opportunities are greenfield application use cases, most of the expected demand is part of the age-long total addressable market (TAM), which has been unreachable due to incompatibility, pricing, supply.
NSR’s SIFA 11 Study Saw Revenue Contraction in 2020, but C-band Proceeds, Consumer Broadband, Backhaul, and Government Services to Drive Top Line Revenue Growth. NSR’s Satellite Industry Financial Analysis, 11th Edition (SIFA11) report, launched today, projects the global satcom industry contracted by 2.3% in FY2020 to USD $13.4B. While continuing sector trends such as a weakening DTH sector.
NSR’s Satellite Industry Financial Analysis, 11th Edition (SIFA11) report, launched today, projects the global satcom industry contracted by 2.3% in FY2020 to USD $13.4B. While continuing sector trends such as a weakening DTH sector and COVID-19 impacts on aeronautical and maritime markets drove declines, enhanced revenue from spectrum leases, consumer broadband, backhaul and government services point to growth.
NSR’s SIFA 11 Study Saw Revenue Contraction in 2020, but C-band Proceeds, Consumer Broadband, Backhaul, and Government Services to Drive Top Line Revenue Growth Cambridge, MA – November 3, 2021 – NSR’s Satellite Industry Financial Analysis, 11th Edition report, launched today, projects the global satcom industry contracted by 2.3% in FY2020 to USD $13.4B. While continuing sector trends such as a weakening DTH sector and COVID-19 impacts on aeronautical and maritime markets drove declines, enhanced revenue from spectrum leases, consumer broadband, backhaul and government.