Tue. Sep 26th, 2023
Euroconsult Predicts Rapid Growth in Satellite Capacity Supply

According to Nathan de Ruiter, managing director at Euroconsult Canada, the global supply of satellite communications capacity is set to increase exponentially in the coming years. This growth will be driven by non-geostationary constellations. The announcement was made at Euroconsult’s World Satellite Business Week in Paris on September 11.

Euroconsult predicts that the expansion of satellite capacity will be led by companies such as SpaceX with its Starlink constellation. These non-geostationary constellations offer the advantage of providing global coverage and high-speed internet connectivity, particularly in underserved areas.

The increase in satellite capacity will have significant implications for the aerospace and defense community. It will create new opportunities for global connectivity, enabling enhanced communication and data transfer capabilities. This growth is expected to benefit various industries, including aviation, maritime, telecommunications, and remote sensing.

With the rapid development and deployment of satellite constellations, the cost of accessing satellite communications is also expected to decrease. As a result, a broader range of organizations and individuals will be able to leverage satellite services for their communication needs.

This projection aligns with the ongoing efforts of companies like SpaceX, OneWeb, and Amazon’s Project Kuiper to launch thousands of satellites into orbit. These initiatives aim to bridge the digital divide and connect the unconnected by providing reliable and affordable internet access to underserved regions of the world.

In conclusion, Euroconsult anticipates that the global supply of satellite communications capacity will experience swift growth in the coming years. Non-geostationary constellations, such as SpaceX’s Starlink, will play a significant role in expanding the availability of high-speed internet and global connectivity. This development will have far-reaching implications for industries and communities worldwide, enabling better communication and data transfer capabilities while reducing the cost of satellite services.