The accessible Total Addressable Market (TAM) for Intuitive Machines is approximately $120 billion over the next decade, with approximately $105 billion in lunar services (2021-2030), according to the 2022 Moon Markets Analysis by Northern Sky Research (NSR), and approximately $14 billion in earth orbital services (2022-2031), according to NSR’s IoSM reports in 2021 and 2022.
NSR’s newly released Space Traffic Study, 2nd Edition report finds that commercialization of more segments of the space value-chain is driving a rapid increase in traffic volumes. Although markets such as Earth Observation or Space Tourism still only account for 5% of the cumulative data volumes between 2021 and 2031, cloud connectivity and increased investments to downlink.
NSR’s newly released Government and Military Satellite Communications, 18th Edition report finds that despite COVID-19, troop drawdowns in the Middle East and ongoing pricing compression, demand for connectivity will continue to grow in the long term. At over $6.6B in revenue in 2020 – the market was at the tail end of its growth phase and is now.
NSR’s Wireless Backhaul via Satellite, 15th Edition report, released today, forecasts $25 billion in annual revenue in 2030 for satellite backhaul, propelled by explosive connectivity demand worldwide and post-COVID-19 recovery in the near term. On this potential, “New business models like Managed Services and Network-as-a-Service are key to make satellite easier to adopt by MNOs,” states NSR..