Jul, 2001 : Broadband Satellite Market Poised for Growth

📅 July 11, 2001 - The market for broadband satellite services is still poised for long-term growth, according to a research report released yesterday by Northern Sky Research (northernskyresearch.com).

The report forecasts growth across multiple market segments, provides a complete assessment of potential broadband satellite services and profiles a large number of satellite players positioned for growth.
"While the satellite market is not immune from problems currently faced by the entire telecommunications sector, satellite players are now building business models from the ground-up based on the inherent benefits of the technology," says Christopher Baugh, principal analyst of Northern Sky Research, and author of the report. "Multicasting, global coverage and ubiquity of service will be the core advantages for satellite companies to leverage as they target lucrative access and content markets."
A wide range of IP applications will continue to drive demand for broadband satellite access in every region of the world. The global market for broadband satellite services is forecasted to rise from $330 million in 2001 to $12.43 billion in 2006. The global market for multicasting and content delivery services via satellite will also experience sizable growth.
The satellite multicasting and content delivery market is forecasted to grow from $160 million in 2001 to $3.079 billion in 2006.
"However, the supply of satellite services, coupled with sound business models, will ultimately determine the size of the broadband satellite market," Baugh says. " Rolling out two-way access and value-added content distribution solutions will be essential to satisfy demand and generate revenue."

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