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Novaspace report: Standardization is key for optical comms tech democratization – SatNews

Novaspace report: Standardization is key for optical comms tech democratization – SatNews

Impact of Global Pandemic on Maritime Connectivity Market Reflects Stark Contrast between Sectors

GISuser.com Impact of Global Pandemic on Maritime Connectivity Market Reflects Stark Contrast between Sectors April 27, 2021 By Editor In 2020 satellite services for merchant shipping grew 4% to $584 million while the market for cruise ship connectivity plummeted by nearly 50 percent Paris, Washington D.C., Montreal, Yokohama, [27 April 2021] – In its latest report, titled “ Prospects for Maritime Satellite Communications ,” Euroconsult, the world’s leading authority on space and satellite-based applications markets, quantifies the heavy impact of the Covid-19 pandemic on satellite services for the maritime market. With in depth detail on maritime communications market dynamics today and over the next ten years, the research highlights coming opportunities for consolidation and how non-geostationary orbit (NGSO) satellite constellations will change the playing field.