NGSO Market to Reach MoreThan US$300 Billion Revenues Between 2021-2035
Strasbourg, France, October 1, 2021--A new report by Orbofleet’s entitled ‘Global Non-Geostationary (NGSO) Satellite Communications Market’ has found potential US$300 Billion opportunities across multiple market verticals between 2021-2035. The 2021 edition report taps onto the most significant and promising markets that are set to flourish with the growth of satellite broadband connectivity. It also provides a detailed insights into the market drivers, investment landscape, emerging technologies, and the key amplifiers of the upstream market segment.
Broadband demand has grown exponentially since 2020. And as the global communications market has set course to embrace new technologies, NGSO satellite connectivity will be crucial to serve the global connectivity needs. Orbofleet’s report provides a comprehensive analysis on types of applications and the potential business opportunities across multiple markets including mobility, government, consumers, and enterprises.
The unparallel growth of New Space investment through both government and private investors has amplified opportunities for NGSO satellite operators. The report also forecasts several aspects of investments with a potential return behind every billion-dollar invested in a company. Simultaneously, it also provides extensive insights on the unparallel technologies driving growth in quality and reducing satellite capacity prices.
“The worldwide robust demand in connectivity is elevated since the pandemic. NGSO will help serve this demand with high-speed connectivity as fast as Fiber (or higher) by not only reducing capacity and equipment prices but also helping companies explore multitude of opportunities in both upstream and downstream market”, says report co-author and CEO of Orbofleet, Rami Ibrahim.
Orbofleet’s forecasts of NGSO capacity in Tbps for businesses signifies a fourfold increase in demand from 2021 to 2035. The demand of utilization of different spectral bands will be on rise as NGSO operators roll out their services worldwide. Aligned with these developments, NGSO report also assess regional capabilities as well as the inception of Q/V band in the commercial sectors. According to Orbofleet’s market findings, NGSO market will accelerate the utilization of satellite capacity in the broadband market. The Ka-Band demand will be skyrocketing on a global scale, as well as the Q/V Band demand under the Extremely High Frequency (EHF), will increase gradually. These dynamic progress in utilization different high-frequency bands will lead to the low operational expenditure (OPEX) leading to the opening of business gateways for the new downstream customers as well as fulfilling their requirements. Further, the report forecasts that by 2022, the Ku-Band capacity will exceed 3 Tbps to provide capacity services targeting businesses and government markets. While the other NGSO operators focused Ka-Band will surpass 40 Tbps by 2026. Simultaneously, the Q/V-Band will gain momentum commercially exceeding 50 Tbps by 2035.
Numerous companies, organizations, and agencies are participating and engaging in amplifying the upstream and downstream market capabilities. These robust developments are further uplifting the innovative curve of the satellite industry. Orbofleet’s 2021 edition of NGSO report dissects this nucleus of emerging opportunities and presents actionable insights to help commercial, civil, and military sectors better understand and create a strong foothold in the NGSO market.
About the Report
The Global Non-Geostationary (NGSO) Satellite Communications (SatCom) Market study is a high-end product value addition report produced by Orbofleet, that is curated to help investors, private companies including operators, service providers, government organizations, and start-ups to find, identify, participate, and expand their existing and new businesses. The report provides a complete assessment of the present and future market opportunities, forecast (supply and demand), investment drivers, and a brief outlook on government programs to help companies successfully bid for high-quality public/government projects. Our market study identifies several unexplored markets, capital requirements, and deep analysis of business opportunities to leverage this expanding market.
In this report, we also provide regional investment analysis for NGSO SatCom market along with in-depth research and analysis of emerging technologies in both upstream and downstream markets. The analysis of emerging technologies is not limited to but focused on the latest innovation in very-small aperture terminal (VSAT), 5G, internet of things (IoT), hybrid networks, small satellite launchers, satellite capacity leasing, inter-satellite links (ISL) and optical communications including Innovation in Laser Communications.
About Orbofleet
Orbofleet is a commercial space and satellite market research, consulting, and strategy advisory firm based in Strasbourg, France. With over 15 years of experience across multiple verticals of the space industry, Orbofleet’s team has successfully accomplished several consulting and research projects across Asia, Europe, Middle East, and the USA. Our decade long market leads, and research inputs have helped our clients achieve desirable results for their businesses. Orbofleet’s broad expertise in market research, business and technology consulting, custom training courses, case studies, RFP support, and management, aims to support new space initiatives; primarily for private and government agencies operating in the satellite communications, space situational awareness (SSA), deep space communications, space tourism, satellite-based earth observation and laser communications, satellite manufacturing and launch segment. For more information on our services and products visit our website www.orbofleet.com
Requesting the Report
To request the Global NGSO Satellite Communications Market Report contact Orbofleet at info@orbofleet.com
