Via Satellite (2022-11-29)
Andrew Cavalier, industry analyst with ABI Research, says his firm isn’t attaching a revenue forecast to the market at this early stage, but the analyst firm did estimate that the satellite-to-phone service segment will reach up to 6.8 million connections by 2027. ABI Research’s recent research analysis on the Low-Earth Orbit (LEO) satellite services industry goes more in-depth into this segment.
“With 3GPP advancing standards to connect mobile phones to satellites over a 5G core network and industry players already moving to connect mobile devices to satellites via terrestrial spectrum and LTE, this segment will quickly grow to connect millions,” Cavalier says.
Regardless of how quickly satellite-to-cell revenues grow over the coming decade, one thing is clear: the unconnected are a sizable market. Just over half of the world’s premises were connected to fixed broadband, wireless, or satellite broadband service in mid-2021, leaving a sizable gap in the broadband communications market with unserved and underserved premises and communities. ABI Research finds that by 2026, 580 million people will remain uncovered by cellular, 140 million premises will remain uncovered by fixed wireless access, and 966 million premises will remain uncovered by fiber optics.
Citation