Fewer independent satellite operators would make it harder for new operators to enter the market, according to analysts at Northern Sky Research. Future entrants would also likely struggle to offer the same capabilities as those that have joined forces. However, even though fewer operators means less competition to drive down prices, NSR analysts do not.
The launch coincided with a report from Northern Sky Research (NSR) forecasting that the overall geostationary and non-geostationary HTS satellite market could be worth $16.8 billion by 2031. These portions of the satellite business will maintain its leadership position through the decade, with Broadband Access, Mobility and Backhaul & Trunking segments driving majority growth.
Among SDS units’ main benefits are flexibility. “From an operator standpoint, you gain the ability to change your mission. That’s one of the hardest things about space: once you launch a satellite, your mission is defined for the next five to 15 years. You can change some of its functionality, but really, your mission is.
There should be little doubt that ocean cruise ships, ferries, and river ships require a lot of bandwidth. NSR projects that the average passenger ship will increase from an average of 32 Mbps per vessel in 2021 to upwards of 364 Mbps on average of throughput demand by 2031 in its latest Maritime SATCOM Markets,.
Shifting to Downstream Use Cases Yields $12Billion + in Annual Revenues by 2031 Cambridge, MA- September 13, 2002– NSR’s newly released Satellite-Based Earth Observation, 14th Edition (EO14) finds the downstream shift across Customer Verticals, Government/Military (Gov/Mil) demand, and a fast-evolving Ground Segment all driving a $92 Billion cumulative market opportunity through decade. Positioned to generate $12Billion + in annual.