[NSR] shares insights from [their] recently published, VSAT and Broadband Satellite Markets – 19th Edition report. “The Non-GEO Satcom market is transitioning from the speculation phase to the affirmation phase given the ongoing industry developments and new contracts. 2021 & 2022 will be key as the segment progresses towards service rollouts in the larger opportunity.
NSR’s recently released M2M and IoT via Satellite, 11th Edition, found that Ku-band and VSAT will indeed grow revenues, albeit more slowly than other technology types. Recent innovations will increase and accelerate demand and revenues in the medium and long term.
The Non-GEO satcom market has been highly speculative over the past decade, especially with the upcoming constellations – Starlink, Kuiper, Telesat, OneWeb and others. But in 2020, against COVID-19 odds, the segment has transitioned to a significant level of affirmation with multiple players achieving key milestones with their developments and contract awards. Although there have.
NSR’s VSAT and Broadband Satellite Markets 19th Edition report, released today, finds a resilient market, despite near term COVID-19 challenges and changing Key Performance Indicators.