Sky based Communication Market Segmentation, Outlook, Industry Report to 2031
Author : Aman Preet | Published On : 10 Jun 2021
Space and communication sectors have witnessed numerous developments in the past years and have been catering to the rising market demand for satellite communication. Satellites play a crucial role in the current digital era, and most industries depend on satellite technology for various applications, from agriculture to banking to transportation. Several key players such as SpaceX and Amazon are focusing their efforts to establish satellite communication constellations which is one of the factors contributing to the growing global sky-based communication market.
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Other than satellites, unmanned aerial vehicles (UAVs) and high-altitude platforms (HAPS) such as airships and balloons are being adopted for communication purposes. The drones are a popular option for applications such as inspections, surveillance, monitoring, and logistics, such as last-mile deliveries of parcels and medicines for remote or rural areas with less population density. Some of the stakeholders such as drone manufacturers (EHang, Terra Drones, and DJI, among others), cellular network providers (Verizon, AT&T Inc., and Vodafone Group, among others), and telecom equipment providers (Ericsson, Nokia, and Qualcomm, among others) are testing and developing their drones, mobile networks, and chipsets for cellular-connected drones, respectively.
The development of small, fast, and inexpensive systems in the space sector is enabling the companies that require space to reach their objectives and expand their services to gain a foothold in this area. Small satellite constellations such as nanosatellites require a new ecosystem suitable for its constellations, such as a new productive environment which includes stations, satellite control and monitoring software, specific subsystems, solar panels, batteries, and rockets. With several characteristics of the HAPS system, there are many potential benefits. HAPS can also be a mega constellation similar to satellite mega-constellation, wherein they enable high-capacity network access, computation offloading, and data analytics tools to millions of users/devices not only in suburban areas but also in dense urban areas.
Sky-based communication entails providing communication services through several platforms, including satellites, UAVs, and high-altitude platforms (HAPS). Over the past few years, the low earth orbit (LEO) has been witnessing a shift in the trend from the usage of satellites for one-time stints toward their regular usage in satellite constellations. There is an extensive demand for LEO-based satellite constellations in the market owing to the increasing need for faster, reliable, and efficient real-time tracking and monitoring, real-time Earth observation (EO), navigation, communication, and technology demonstration.
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Presence of major industry players like Honeywell and General Dynamics within the region and increasing investments by government and military players to modernize their existing systems to caster market opportunities. The growing space and military programs due to a spike in demand for exploring as well as commercialization of sky-based communication systems in the U.S. are going to raise the demand in the market. Government agencies such as NASA and U.S. Airforce are announcing IDIQ upgrade, modification, and servicing are supporting market opportunities. Few players engaged in exploring other platforms such as drones and HAPS to open new business avenues over time.