The Satellite Communications market is at a critical stage with the change in dynamics across the value chain. Major changes driving the markets include massive capacity supply, horizontal and vertical industry consolidations, increased need of connectivity post COVID-19 and relative reduction in regulatory barriers. With the evolving industry dynamics, stakeholders are looking for new opportunities.
There is no secret that ‘times are hard’. Today is especially hard for early-stage pre-revenue technology ventures. The satellite communications sector has seen LEO constellations come into and out of viability as funding runs out. It should therefore be no surprise that one of their other ‘key enabling technologies’ Flat Panel Antenna (FPA) ventures are.
Consumer IoT has traditionally been one of the strongest growth opportunities for MSS IoT markets, with Iridium in particular seeing record growth through consumer products such as the Garmin InReach, which currently dominates this market. Globalstar likewise has a strong showing with its SPOT range of devices. However, a growing number of announcements in the.
Unlike technically proven (FSS-band) LEO-HTS satcom constellations requiring communication terminals, these new initiatives aim to deliver on the promise of direct satellite-to-regular-handset communications through cellular and MSS spectrum in areas unreachable by existing cell towers. Yet, architectural facets drive a wide set of capabilities ranging from asynchronous emergency texting to continuous voice and broadband data connectivity.
So back to our original question, why are stakeholders in the GEO camp in Asia welcoming the upcoming mess and chaos?