Satcom Seeing Tough Times, Big Opportunities With COVID-19, NSR Says
The next two to three years will be tough for the satellite communications industry, with COVID-19 stalling the aeronautical connectivity market and interrupting the growth curve of the backhaul market, Northern Sky Research analyst Lluc Palerm blogged Wednesday. There's still…
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much long-term value in satcom, with opportunities in "extraordinarily large" addressable markets like mobility, backhaul and consumer broadband, he said. Various bankruptcies were bound to occur even without the pandemic, and the convergence of such issues as cheaper capacity, small cells and better performing ground systems will unlock markets, it said.