Space Market Takes Off

Military and aerospace (mil/aero) industry pundits predict market growth over the next couple decades. The space segment, in particular, shows great promise, with civil and military aerospace organizations investing time and money.

Forecast International projects the commercial communications satellite market to be worth $57.7 billion from 2013 through 2022, researchers revealed this summer. The public’s demand for data and connectivity continues to expand, and the communications satellites industry is growing to meet this demand.

“As market demand for data-intensive applications, such as high-definition video and broadband Internet, grows, so will the need for technologies to form the backbone of global networks,” predicts Bill Ostrove, Forecast International aerospace systems analyst and author of the firm’s latest space-related study.

Forecast International’s report, entitled “The Market for Commercial Communications Satellites,” tracks 45 satellite production programs and anticipates the production of 440 individual communications satellites during the study’s timeframe.

Growing demand for mobile broadband, digital television, in-flight entertainment (IFE), and broadband Internet connectivity onboard ships are driving satellite market growth. “Airlines such as United, Southwest, and JetBlue plan to have Wi-Fi on their entire fleets of aircraft in the future,” admits Ostrove, who predicts that primarily Ka-band satellites will supply the bandwidth needed to provide in-air broadband Internet connections.


Developing markets and areas that lack widespread terrestrial cable and fiber-optic networks are expected to experience the greatest growth. Areas where cable and fiber-optic line penetration is low include Eastern Europe, North Africa, Latin America, and the Middle East.

This geek looks forward to the day when I can easily and cheaply (free) play online games or watch HD movies on my laptop from the comfort of my seat aboard an aircraft. Moreover, this geek will rejoice the day we get worldwide, low latency, high bandwidth, wireless, satellite based internet!

Post Author

Posted September 30th, 2013, by

Post Tags

, , , , , , , , , , ,

Post Comments

1 Comment

About J. VanDomelen Mil/Aero Blog

J. VanDomelen holds a Bachelor of Science in Information Systems and myriad certifications from Microsoft, Cisco, and CompTia in varying facets of computer software, hardware, and network design and implementation. He has worked in the electronics industry for more than 12 years in varied fields, including advanced systems design of highly technical military and aerospace computer systems, semiconductor manufacturing, open source software development, hardware design, and rapid prototyping. J. VanDomelen Mil/Aero Blog

@JLVanDo tweets

Follow JLVanDo

Comments

One comment on this post | ↓ Add Your Own

Commented on September 30, 2013 at 12:44 pm
By Satellite Services on the Rise « J. VanDomelen Mil/Aero Blog

[...] commercial satellite market segment is growing—with help, in part, from governments around the globe. Government services [...]

Add Your Comment

Archives