MSS satellite services, and smallsats are generally the main focus for M2M and IoT nowadays, with narrowband applications being well suited to these technology types. However, NSR also covers the Ku-band and VSAT M2M/IoT markets, which currently take up approximately 21% of overall revenues for satcom M2M/IoT.
NSR’s M2M and IoT via Satellite, 11th Edition (M2M11) report, published today, forecasts $12.4 billion in revenues to be generated over the next 10 years.
With small satellite operators continuing to receive new rounds of funding, and small satellite launches continuing, what impact will this have on existing satellite M2M/IoT market and operators?
NSR Anticipates Strong Growth in Smallsat Market Driven by Constellations, Despite Numerous Challenges Cambridge, MA – NSR’s Small Satellite Markets, 5th Edition (SSM5), released today, forecasts the market to yield $37 billion in cumulative revenues from smallsat manufacturing and launch services by 2027, with 6,500 smallsats set to launch during this time. Constellations will be the.
“They are almost disposable….. their operational life expectancy is about seven years and they can be easily replaced. In the coming months, Private Sector firms, SpaceX and the startup, OneWeb want to send into orbit constellations of small satellites that will provide internet access.