Forrester Reports: NSR Forecasts the SATCOM Industry Recovery from COVID-19. “Market addressability in backhaul, digital divide, and broadband has increased exponentially, 3-10x times with new CAPEX efficiencies,”.
“The transformation brought about by the adoption of Cloud Computing and Big Data Analytics is only beginning to impact the satellite sector,”.
The Federal Communications Commission (FCC) updated its orbital debris rules last month for the first time since 2004. These now require satellite operators to quantify their collision risk, probability of successfully disposing spacecraft, and casualty risk of spacecraft that re-enter Earth’s atmosphere.
NSR’s latest report, Satellite Capacity Pricing Index, 6th Edition (2020), finds capacity pricing declines decelerating in 2020, with the global mean price index declining by ~13% in Q1 2020, in contrast to ~17% in Q1 2019.
The Space industry is progressively attracting more interest from the investment community — in fact, investment banks including Morgan Stanley, Goldman Sachs and Bank of America Merrill Lynch expect the Space industry to grow to more than $1 trillion by 2040. The big investors behind LEOs are well positioned to benefit from these second order.