440,000 Vessels. That is the size of the total addressable market (TAM) for broadband satellite connectivity in 2021 according to NSR’s latest Maritime SATCOM Markets 10th Edition report. Through to 2031, NSR expects TAM to increase by 156k vessels, resulting in nearly 600k total addressable maritime broadband satcom vessels. Overall, the demand for higher throughput connectivity.
While demand for satellite-enabled wildfire services is growing among government customers, Northern Sky Research senior analyst Prachi Kawade says it will “remain a very small portion” of the broader market. Kawade says it mostly forms a small part of what it classifies as the “non-imagery” segment of the Earth observation industry. This segment includes capabilities.
In the last decade, the launch market has shifted considerably from SpaceX delivering on its promise of high cadence reusable launch and rideshare programs becoming the norm, while more innovative approaches on hundred launchers have been in development. Yet, launch remains the industry’s bottleneck. SLS has been delayed, pushing Artemis & NASA’s ambition to the.
Check out NSR Senior Analyst Hussain Bokhari’s interview for Reflections Podcast, discussing Moon Markets Analysis
NSR’s Maritime SATCOM Markets, 10 Edition report finds Satellite Constellations from the likes of SES mPower, Starlink, OneWeb, Telesat Lightspeed, and more, poised to start a new era for maritime satellite connectivity. The revolution of low latency satellite constellations is underway, and their entrance into the Maritime market will have a profound impact on both.