Brad Grady News

Maritime Satellite Markets on Cusp of Bandwidth Revolution

NSR's Maritime Satellite Markets report projects the market is entering the next phase of development aided by higher bandwidth offerings, increased regulations and a more demanding addressable market. In total, NSR forecasts the maritime satcom market to generate almost $4 Billion in revenues, demand for 200 transponders of FSS capacity and 28 Gbps of HTS capacity, and over 1 Million In-service Units by 2022. "With the launch of GEO-HTS maritime services just on the horizon and MEO-HTS not far behind, maritime markets are on the cusp of a bandwidth revolution -- yet, more data can also come in small bytes," explains Senior Analyst and report author, Brad Grady.