Satcom Providers Change Tactics to Compete with NGSO-led Capacity Growth
NGSO constellations continue to drive satellite capacity growth, prompting satellite operators to pursue strategic collaborations, multi-orbit partnerships, and horizontal integrations to maintain their competitive edge. Global satellite capacity is expected to reach 240 Tbps by 2028 and generate service revenues of nearly $120 billion by 2033. This rapid expansion in available supply is set to decrease end-user prices and expand the addressable market for satellite connectivity.