Software-defined satellites present an $87bn revenue opportunity thanks to payload flexibility and price advantages. But challenges around production, ground operations and interoperability must first be resolved, experts tell Keith Fernandez.
The revenue generated from various applications developed using earth observation satellite imagery is expected to grow to nearly $2.2bn by 2029.
The report suggests that satellite launches will generate a cumulative opportunity of $131.2bn in launch revenues alone.
Following the Covid-19 dip of 2020, the HAPs market will remain in recovery before accelerated growth towards the end of the decade.
Commercial interest pushes satellite orders to new heights in government-driven market.
The Aero Satcom market, one the major opportunity verticals for satellite operators and providers, has been hugely impacted by the Covid situation. This may compel faster consolidation.
NSR predicts $11bn in cloud-based revenue over the next decade, with Satcom markets leading the way.
Aviation and related industries nosedived with greater than 50% drop in passenger air traffic in March 2020.
The commercial and government aeronautical, along with commercial land-mobile, demonstrate a strong presence of FPAs, exceeding 77% of their respective markets by 2029, the report said.
Even with less active vessels, broadband demand continues to remain resilient and accounts for 80% of retail revenues through 2029.
Satcom markets are experimenting with a wide range of new business models, with discounted pricing a key factor in most, according to the NSR report.
Near-misses are nothing new, but with over 8,000 smallsats to be launched in the next decade, the chances of collision will continue to rise, the analyst said.
NSR believes the overreaction by markets calls into question the long-term strategy adopted by several publicly listed operators.
Smallcells can generate positive returns attracting as low as 300 subscribers, which make them an optimal solution for ultra-rural deployments.
The simplicity of smallsats, the associated low-cost architecture and rideshare programmes have allowed the satellite players easier access to space which impacts the commercial industry.
Both 5G and network virtualisation are key contributors to the next wave of satellite ground segment growth.
According to NSR, cumulative revenue for consumer broadband is $90.8 billion in 2018-2028. 2028. Service revenue is estimated to generate USD $79.7 billion during the forecast period.
Disruption in the satellite broadband ecosystem will spur growth with backhaul and trunking continuing to be key applications but broadband to households, consumers, and hotspots also accounting for healthy demand.
Gains for service providers like Speedcast, Hughes, and Gogo have been overshadowed by the Big 4 operators stagnant revenues.
NSR analyst Shivaprakash Muruganandham says investment firms have driven the use of satellite data across the board: from the counting of cars in parking lots and oil barrels to derived ...
The report states that despite the hype created by smallsat LEO constellations, the traditional market is expected to remain the dominant source of revenue globally for building and launching satellites.
The report states that data in the mobility markets is inherently complex, providing enough opportunity for satellite players to roll out big data services that help customers optimise operations and ...
Generating almost $42bn in cumulative revenues between 2018 ? 2028, the maritime satcom connectivity market looks hugely promising, according to the NSR report.
When electronically-steered antennas find their way into the marketplace, there will be a decline in the need for moving parts. But that is still a long way off and for ...
NSR?s latest report on Wireless Backhaul & 5G via Satellite has forecasted over $32 billion in revenue by 2028, with 5G supporting one-third of overall satellite backhaul market.
The latest NSR report suggests that the Inflight connectivity industry is bouncing back from last year?s lagging performance. The report expects the revenue growth to happen at a faster pace ...
NSR?s In-Orbit Servicing Markets, second edition report discusses the potential for the entire industry, with focus on opportunities in both GEO and non-GEO orbits.
According to NSR, while new companies are entering the market to help unblock the promised value and reduce certain constraints like in the case of propulsion systems, the overall supply ...
2018 emerged as an understatement compared to the hype generated by satellite operators. Revenue didn?t rebound according to expectations; pricing and backlog both declined across operators, and video finally showed no ...
Satellite capacity revenues will continue a long-range growth path of 6.8% CAGR over the next decade, according to a new report published this week in the Global Satellite Capacity Supply ...
