Maritime Connectivity 'Never Looked More Promising,' NSR Says
Very small aperture terminal-enabled maritime vessels are expected to grow from 20,000-plus today to more than 75,000 by 2028, with the maritime connectivity market expected to generate close to $42 billion in cumulative revenue during that span, Northern Sky Research…
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said Wednesday. That connectivity market "has never looked more promising," due in large part to falling satellite capacity pricing as well as lower equipment costs, NSR said. It said high-throughput geostationary and non-geostationary orbit satellites are "the growth story."