Non-GEO players are accelerating their go-to-market strategies to penetrate different segments of the Satellite Communication markets, especially in the high volume, highly lucrative fixed VSAT segment. Starlink has already acquired 145,000+ broadband access subscribers globally under the beta plan and now has announced the service roll out plan for enterprise customers. OneWeb is also progressing.
Wave-after-Wave in this ongoing pandemic, the one element that has been greatly highlighted, is the need for robust Internet connectivity and bridging the digital divide across the globe. Remote learning, working, healthcare, conducting businesses and other key socio-economic activities have become universal and hence have exposed the still wide digital divide across regions and communities..
Market to Aggregate $135.3 Billion in Cumulative Revenues through Decade Cambridge, MA – December 9th, 2021- NSR’s newly released VSAT and Broadband Satellite Market, 20th Edition (VBSM20) finds HTS, a major market growth factor, moving the segment from 800 Gbps in 2020 demand to 15 Tbps in 2030. The market will hit cumulative revenues of $135.3 Billion over the next decade, with a significant demand in.