Pioneer Consulting Predicts Total Worldwide Market Opportunity for Broadband Satellite
Market opportunity for broadband equipment manufactures will grow from $0.6 billion in 2001 to $1.6 billion by 2008, says Pioneer Consulting.
Boston/SatNews/ -- Broadband Satellite Access Service Offers the Largest Total Worldwide Market Opportunity for Both Service Providers and Equipment Manufacturers
The current state of the broadband satellite industry is not as bright as many once hoped. In fact, the very viability of the industry is a question. But according to a newly released study by Pioneer Consulting, LLC, the industry can survive. With improvements in the price / performance of broadband equipment and services, a market for global broadband connectivity will emerge.
According to Pioneer Consulting's latest report, Broadband Satellite: Analysis of Global Market Opportunities and Innovation Challenges, the total worldwide market opportunity for broadband satellite service providers will reach nearly $27 billion by 2008 with Broadband Satellite Access service comprising the largest market opportunity for a single Broadband Satellite service, soaring from $336 million in 2001 to $13.4 billion in 2008.
"The growth of broadband satellite services is expected to continue, driven by a rapidly expanding market for high-speed Internet access," says Mike Massey, senior market analyst, Broadband Satellite for Pioneer Consulting. "The major constraint to growth will be the relatively high cost of satellite capacity, which hinders broadband satellites competitive capability against alternative technologies.
The Broadband Access sector is also expected to represent the largest market opportunity for equipment manufacturers. The report predicts the aggregate market opportunity for equipment manufactures will grow from $0.6 billion in 2001 to $1.6 billion by 2008 with Broadband Access accounting for a market share worth $1.2 billion.
"Broadband access satellite services will find acceptance primarily in those cases where more cost effective alternatives, such as DSL and cable modem service, are not available," explains Paul Kellett, senior director of research at Pioneer Consulting. "Unlike other broadband access technologies satellite-based broadband connectivity provides ubiquitous coverage."
The Broadband Satellite: Analysis of Global Market Opportunities and Innovation Challenges report takes an in-depth look at the industry's key players, markets and technologies, as well as market opportunities and challenges. The three major broadband satellite service markets - Trunking and Backbone, Mediacasting and Broadband Access - are each analyzed identifying market opportunities for broadband service providers and equipment manufacturers for the major regions of the world - North America, Europe, Asia Pacific, Latin America and Africa and the remaining regions of the world - between 2001-2008.
Pioneer Consulting, LLC, headquartered in Boston, Massachusetts, is a leading international market research and analysis firm specializing in global, high-speed telecommunications network market research and technologies. Through its reports Pioneer provides in-depth research and analysis in areas such as: Optical Networking, Submarine Fiber Optics, Broadband Wireless Access, Satellite Systems, Emerging Broadband Access and IP Network Convergence for various Global 500 companies. |
