Scott Gould, VP of business operations at Element Critical, discusses how colocation can help drive value and provide support for businesses with hybrid workforce models.
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NSR Report: Maritime Satcom Embraces Transition Towards HTS Architectures
Beyond the Uptake of Non-GEO HTS Services, a Clear Shift from FSS to GEO-HTS is Underway
CAMBRIDGE, Mass., July 19, 2021 (GLOBE NEWSWIRE) NSR’s
Maritime SATCOM Markets, 9
th Edition report finds on-going challenges in some segments of the Maritime SATCOM Markets through 2022. While 2020 and 2021 continue to feel the impacts of COVID-19 in segments such as the cruise ship industry, the migration towards HTS-based services accelerates. Switching from MSS Broadband to VSAT connectivity are driving revenues in the near to medium terms.
At $2.2B in Retail Revenues in 2020 and nearly 70,000 Broadband Enabled SATCOM vessels market fundamentals remain strong – the market is poised to grow to more than 142,000 Broadband Vessels by 2030 and yield $34.4B in cumulative retail revenues.