Maritime Connectivity 'Never Looked More Promising,' NSR Says

Very small aperture terminal-enabled maritime vessels are expected to grow from 20,000-plus today to more than 75,000 by 2028, with the maritime connectivity market expected to generate close to $42 billion in cumulative revenue during that span, Northern Sky Research said Wednesday. That connectivity market "has never looked more promising," due in large part to falling satellite capacity pricing as well as lower equipment costs, NSR said. It said high-throughput geostationary and non-geostationary orbit satellites are "the growth story."