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...
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.