Big data, satellite comms increases are driving in-orbit satellite capacity, study revealsNews
June 23, 2021
CAMBRIDGE, Mass. Key sectors of the satellite industry are coming back strong as the world begins to recover from the COVID-19 downturn, according to market-research firm NSR’s latest report, "Global Satellite Capacity Supply and Demand, 18th Edition."
Driven by gains in satellite communications and big data, the study authors found that in-orbit supply in nongeostationary satelllites will increase from 304 Gb/sec in 2020 to 172.1 Tb/sec in 2030 as low-Earth-orbit (LEO)-specific programs materialize.
According to the study authors, the surge of capacity will be targeted to key markets -- mainly military, government, wireless backhaul, consumer broadband, and mobility -- will mean demand elasticity but at the same time will create financial challenges in terms of making a business case for satellite operators, given the shifting market dynamics.
According to report coauthor Vivek Suresh Prasad, NSR senior analyst, “The competitive landscape continues to change as satellite operators extend their positioning from a pure capacity play to moving down the value chain via vertical integration, partnerships, and other emerging arrangements.”
The report found that data verticals, leveraging military/government, broadband, backhaul, mobility, and applications, will generate $150 billion of cumulative revenues by 2030.
For additional information visit the NSR website.