The deployment of low earth orbit (LEO) satellite constellations for low latency, high throughput network applications and the extension of terrestrial network (TN) coverage have become significant drivers in the adoption of satellite services in the global communications industry. telecommunications. According to the global technology intelligence firm ABI searchthis adoption will culminate in US$141 billion (€135.82 billion) in annual revenues from satellite services by 2030.

“Satellite communications services have seen a new wave of excitement and convergence with terrestrial networks looking to extend beyond their coverage zones and bridge the digital divide,” explains Andrew Cavalier, satellite communications industry analyst at ABI Research. Market developments have demonstrated that satellite services such as IoT, backhaul, commercial broadband, and mobile satellite services (MSS) can meet carrier-grade performance requirements and enhance the telecommunications arsenal of any terrestrial CSP. With over 70 satellite service providers currently providing services worldwide, some of the most influential players in the growing satellite communications services space include OneWeb, SpaceX, Hughes Network SystemsAnd Global star.

There is increased focus on deployments in LEO for key satellite services in mobile broadband, backhaul, IoT and MSS applications. For the consumer segment, competition for rural and remote market share will become a central battleground and one of the key factors influencing the growth of these services over the next decade. For the enterprise segment, global supply chains are evolving in the aftermath of COVID-19 and the conflict in Europe and want to build more resilient and efficient networks. To reflect these developments, ABI Research projects that these essential satellite services, in aggregate, will reach over 53 million subscribers by 2030.

“The market is evolving rapidly, and many services are finding better implementation through strategic alliances and increased bandwidth offerings in LEO,” comments Jake Saunders, vice president of Asia Pacific and director of research for Satellite Communications Service at ABI Research. Leaders are starting to offer different solutions focused on satellite-to-mobile connectivity in collaboration with telecom and smartphone manufacturers. Major partnerships include T-Mobile And SpaceX, Telstra And One Web, Vodafone And AST SpaceMobileAnd Huawei And BeiDou.

“Although these services are still in their early stages, there is evidence they will gain momentum as smartphone technology begins to peak, sales decline, and new revenue streams grow in demand. To this end, the market is revealing new development paths that will impact the market and shape partnerships and opportunities for businesses across the telecom value chain,” concludes Saunders.

These findings come from ABI Research’s SatCom Constellations: Deployments & Subscriptions market data report. This report is part of the company’s satellite communications research service, which includes research, data, and ABI insights. Market data spreadsheets are composed of highly segmented data insights, market share analysis, and service-specific forecasts to provide insight into where opportunities lie.

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