NSR Forecasts Notable Consumer Adoption of Satellite Broadband

The satellite industry could have cumulative revenue of $159 billion by 2027 from the satellite-delivered broadband and very small aperture terminal markets, Northern Sky Research said Monday. NSR forecasts 13.4 percent annual growth in the installed base of consumer sites. It expects lower capacity pricing and a stronger focus on retail to help increase demand. It said proliferation of Wi-Fi hot spots could open the market as well. The researcher said business models need to adapt, with operators needing to go direct-to-market in emerging applications like backhaul.