Satellite Communication Trends for 2020

Satellite Communication Trends for 2020

The number of smallsats is exploding, with the global market set to expand rapidly in 2020 and over the decade to come. A rise in government funding and private support, coupled with an increasing demand for research and development satellites results in smallsat's growth in popularity.

Fremont, CA: Satellites have a significant role in shaping modern-day communications, with almost all industries reliant on satellite technology somehow. Satellites help save lives in emergencies, defend nations and provide crucial information about protecting against climate change.

Satellites deliver economical solutions to connect the unconnected, and satellite internet allows reaching previously inaccessible areas.

The following are a few hottest SATCOM trends for 2020. Top 10 Space Tech Solution Companies - 2020

• Leo Satellites and the New Space Race

Consumers will experience a new dawn in the satellite communications industry this year, as businesses race to be the first provider of global high-speed, low-cost, low-latency internet service.

Being successfully tested in planes by the U.S. air force, private U.S. spaceflight company 'Starlink' is prepared to offer satellite internet service to the public in 2020. Several other companies, including Iridium Cirtus, One Web, and Facebook Athena, have started launching their satellites. These Low Earth Orbit (LEO) satellites are considerably small and orbit much closer to the Earth, which reduces the lag traditionally associated with satellite internet.

• The Internet of Things (IoT)

From something as tiny as a button to something as big as an airplane, low-cost computer chips, and wireless internet connection have allowed us to convert anything into a part of the Internet of Things (IoT).

Connecting disparate things and installing sensors in them adds a level of intelligence, empowering them to communicate in real-time without human interference. In this way, IoT makes the world more intelligent and responsive by merging the physical with the digital.

IoT is indispensable to the SATCOM industry, with around 2.7 million devices now serviced by satellite. The number of IoT devices is expected to increase to about 24 million by 2024. The market for space IoT is primed to grow eightfold from $250 million to $4 billion in 2030.

• Smallsats

The number of smallsats is exploding, with the global market set to expand rapidly in 2020 and over the decade to come. A rise in government funding and private support, coupled with an increasing demand for research and development satellites results in smallsat's growth in popularity.

Manufacturing and assembling techniques for smallsats have advanced swiftly in recent years, with reduced costs as production rises. In North America, satellite imaging, demand for satellite surveillance, and a general increase in awareness about satellite communications' potential have provided traction for the industry's growth.

See also: Top Accounts Payable Solution Companies

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