Starlink has made significant strides in the satellite industry, positioning itself as a major threat to established players. Within a short period, the company has emerged as a major market shareholder in the consumer broadband sector, achieving a subscriber base of 1.5 million users worldwide. This unprecedented growth is translating to a consistent reduction in.
2022 had been a difficult year for the world owing to the geopolitical challenges such as the Russia-Ukraine conflict, U.S.-China relationship, increase in food and energy prices, continued increase in bank interest rates, and others. It is estimated that the global inflation rate grew by ~ 8.8% in the year 2022. These have led to.
The Satellite Communications market is at a critical stage with the change in dynamics across the value chain. Major changes driving the markets include massive capacity supply, horizontal and vertical industry consolidations, increased need of connectivity post COVID-19 and relative reduction in regulatory barriers. With the evolving industry dynamics, stakeholders are looking for new opportunities.
The inflight connectivity (IFC) market continues to shine as an attractive vertical for satellite operators, prompting some operators to move downstream. At the same time, service providers are investing in upstream capabilities to remain competitive. Depending on how analysts view the market, IFC shows both signs of a maturing landscape with the recent consolidations and.
Accelerated Narrow-body Aircraft Terminal Installations and Domestic Travel Return, Drives IFC Market Recovery Cambridge, MA– April 4th, 2022- In its 10th year, NSR’s Aeronautical Satcom Markets (AERO10) report finds a $48 billion+ cumulative revenue opportunity through the decade for both service providers and equipment vendors. Driven by accelerated installation of terminals on narrow-body aircraft and the rapid.