Consumer Broadband has been at the epicenter of the buzz created by the planned mega-constellations and upcoming very high capacity satellites. SpaceX, OneWeb and now Amazon plan to connect the unconnected billions globally, using Low Earth Orbit (LEO) satellite constellations.
According to the November 2019 VSAT and Broadband Satellite Markets report from Northern Sky Research, Hughes leads the industry, having shipped at least 65% of VSATs globally in 2018 – more than five times the volume of its nearest competitor.
[NSR] said that incumbents extending to new geographies, emergence of GEO/MEO/LEO HTS offerings, entry of new players, innovation in the ground segment, dropping capacity prices, new solution offerings, system upgrades, and new business models; all add to a chaotic, but game-changing, recipe where ecosystem development will lead to market growth. NSR’s VSAT and Broadband Satellite.
Satellite Broadband Market to Soar Past $189 Billion in Cumulative Revenue in Next Decade Cambridge, MA – NSR’s VSAT and Broadband Satellite Markets 18th Edition report, released today, forecasts healthy revenues in the next decade with Enterprise VSAT gaining a slight edge over Consumer Broadband, accounting for greater than 50% of total revenues. Backhaul & Trunking.