NSR: Satellite Constellations Drive $3 Billion Optical Satcom Market
2021-03-25 / Number of views:547
February 8, 2021 - NSR’s newly released Optical Satellite Communications, 3rd Edition (OSC3) report projects a $3 billion cumulative revenue opportunity through 2030 for laser communication terminals (LCTs) in both space and airborne markets. The Optical Satcom market is largely equipment-centric, with a significant portion of the revenue flow going to LCT manufacturers. Success in this market will be heavily dependent upon non-GEO constellation operators’ ability to launch and close their business cases, as well as market adoption from government / military institutions looking for alternative solutions in RF-denied environments.
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