NSR Sees Growth, Challenges in Land Mobile Satcom
The land mobile via satellite industry should see cumulative revenue of more than $19.4 billion between 2016 and 2026, Northern Sky Research said Wednesday. It said after "a challenging" 2015-2016, mobile satellite service (MSS) land revenue is growing again due…
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to some growth in energy markets and to more product diversity such as hot spot devices and consumer handhelds. It said sales of push-to-talk devices remain slow, and sales of traditional handheld devices are expected to peak in 2020. NSR said better terrestrial network reliability, cellular network footprint expansion and 5G all will mean tougher competition for MSS operators and service providers. It said increased market share depends on cutting costs, with a focus also needed on partnering and integrating with terrestrial network operators.