NSR Forecasts Notable Consumer Adoption of Satellite Broadband
The satellite industry could have cumulative revenue of $159 billion by 2027 from the satellite-delivered broadband and very small aperture terminal markets, Northern Sky Research said Monday. NSR forecasts 13.4 percent annual growth in the installed base of consumer sites.…
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It expects lower capacity pricing and a stronger focus on retail to help increase demand. It said proliferation of Wi-Fi hot spots could open the market as well. The researcher said business models need to adapt, with operators needing to go direct-to-market in emerging applications like backhaul.