Gradual evolution of the industry will continue, now with smallsats as a significant part of it, with advancement in electric propulsion extending the usage of small satellites in GEO and beyond
“The terminals that the end-users will use to connect are a tremendous barrier as they are very expensive,” says Lluc Palerm-Serra, Senior Analyst at NSR. “Launching a global service is very tough. No [internet service provider] has done that before as they always have a [single] country focus.”
LEO constellations such as OneWeb or SpaceX continue to see Internet to the masses as a primary target market. However, for this market to materialize, the whole ecosystem must align, and antennas (among other elements) are still a big unresolved issue for consumer-grade services. In which direction are market forces and incentives pushing the development.
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.
NSR quoted in Forbes article “Is SpaceX’s Satellite Internet Project In Trouble?” by Alex Knapp: A report from Northern Sky Research suggests such networks in lower orbits could be pulling in over $4 billion annually in revenue by 2027.