A Slow(er) Wave of Recovery for Maritime SATCOM Markets
While there is no doubt that COVID-19 has impacted the Maritime market, the “COVID-dip” is significantly less pronounced for Maritime than Aeronautical SATCOM markets.
While there is no doubt that COVID-19 has impacted the Maritime market, the “COVID-dip” is significantly less pronounced for Maritime than Aeronautical SATCOM markets.
Date: April 21, 2020
Time: 10 AM EDT.
The in-orbit Servicing (IoS) market stands ready to develop quickly, as the successful docking of Northrop Grumman’s Mission Extension Vehicle (MEV-1) with Intelsat 901 in February 2020 kick-starts a flurry of life extension and space tugs in-orbit services technologies.
With more data being created and circulated than ever before, Optical Wireless Communication (OWC) technology is emerging to serve the demand for higher data rates and lower latency, acting as an alternative or complementary to RF.
With backhaul networks rapidly transitioning to 4G and the installed base continuously expanding, Mobile Backhaul via Satellite offers sizable opportunities in all regions. Smallcells will play an increasingly important role in this growth, as lower costs expand the addressable market to areas previously uncovered due to industry cost metrics.
M2M and IoT via satellite has traditionally been dominated by industrial applications, with Transportation, Cargo, Maritime and Energy sectors all primary subscribers to satcom M2M and IoT services.