NSR’s Wireless Backhaul via Satellite, 7th Edition report finds that the impending launch of O3b and global HTS program deployments are leading the industry to long-term change with a potential for industry revenue to hit $2.9 billion by 2022. This shows growth of more than three-fold from today’s $830+ million revenue base.
The launch of O3b will have an immediate and substantial effect on the industry. Rural and underserved areas have dealt with the limited options of 2G or 2.5G services for basic voice, SMS and Internet access services for years. Low mobile penetration levels go along with the delayed technological growth. “With O3b, rural markets will now enjoy 3G and eventually 4G services that curb the widening Digital Divide,” according to report author and NSR senior analyst, Jose Del Rosario.
New HTS programs are on the horizon, specifically Intelsat’s EPIC and Inmarsat’s GlobalXpress. Both have either global or region-specific footprints to support fixed land-based towers and mobility platforms on land, air and sea. Del Rosario noted that innovation, risk-taking and competition will transform not only the industry’s financial prospects, but improve the quality of life for millions of individuals and communities.
The report outlines the industry’s future landscape in terms of the market’s evolution from current solutions to next-generation programs, as well as opportunities presented by the market shift. WBS7 provides an expert view into the turning point in a complex market that could leave the unprepared out of the running.