As of mid-2020, 5G subscriptions in the Gulf countries had already passed 500,000.
On a sectoral basis, satellite services accounted for the highest EBITDA ($175.22m), followed by cable ($99.01m) and IT services ($28.09m).
LEO systems' arrival will benefit underserved users in remote areas by supporting high-speed, low latency broadband service.
According to the research, 43m people were connected to broadband via satellite, and this number is expected to grow to 110m in 2029.
The major factors that propel the small satellite market are low cost, lightweight, and increased applications of small satellites across diverse sectors.
The launches of new satellites will offer upgraded capabilities for particular applications.
Despite Covid-19 impacting some segments of the commercial space market, revenues in this sector have surpassed 310bn, according to the analyst.
Commercial constellations set new standards for the industry in numbers but GEO comsat and government still drive the biggest demand in manufacturing and...
The growth of the segment is driven by the development of a large number of mini, micro, and nanosatellite programmes and increased demand for low-cost and...