{"id":399532,"date":"2020-12-15T02:03:04","date_gmt":"2020-12-15T07:03:04","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=399532"},"modified":"2020-12-15T02:03:04","modified_gmt":"2020-12-15T07:03:04","slug":"nsr-satcom-industry-contracts-by-2-7-but-bright-spots-exist-in-post-covid-era","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/nsr-satcom-industry-contracts-by-2-7-but-bright-spots-exist-in-post-covid-era\/","title":{"rendered":"NSR: Satcom Industry Contracts by 2.7%, but Bright Spots Exist in Post-COVID Era"},"content":{"rendered":"<h2>\nNear Term Headwinds and Competitive Dynamic Shakeup Signal Industry on Cusp of Major Transformation<br \/>\n<\/h2>\n<div class=\"mw_release\">\n<p>CAMBRIDGE, Mass., Dec.  15, 2020  (GLOBE NEWSWIRE) &#8212; NSR\u2019s <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=mm6gePeKzMm1qKLu4U1Ow_uYIPTpA4u7nOrzrTnnPvoyNTgLcHAWJIlWVl3LdYBDpZ2dOztok6tAgOCAwgjHN-9YRMHaECGqvJ9pp8VH3T3m56fjsWRLmqttf8_yb6Dnp4LMRo7b2gA-zY6Ac4Ev0mZou7Fp7IGaCLHVnz1PEF34B7o-Q9KLyTOuDoTdlARe0t1FN01o55UxL23m1_o_Ow==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><em>Satellite Industry Financial Analysis, 10th Edition<\/em><\/a> report, released today, finds an industry enduring stunted growth with bankruptcies and revenue declines across the satellite operator and service provider segments. However, some gains can be seen with Hughes, ViaSat, and SES all registering large wins on the back of Broadband, Mobility and Gov\/Mil deals. While Integrated Operators and some data segments continue to post gains, video continues to struggle, shrinking the global satcom industry by 2.7% in 2019.<\/p>\n<p>Industry leaders like Speedcast and GEE were unable to weather the COVID-19 headwinds with low cash reserves &#8211; declaring bankruptcy, while Gogo sold its commercial aviation division to Intelsat in mid-2020. Notable bankruptcies also included Intelsat and OneWeb, which could not restructure debt or raise fresh funds.<\/p>\n<p>But there is a silver lining in all this. The earlier acquisitions of Inmarsat and Asiasat in 2018, the ST-Newtec deal, recent bankruptcies, along with the Intelsat-Gogo deal, all signal a new growth period from 2021-22. With LEO capacity from SpaceX, OneWeb in 2021-22, and Amazon &amp; Telesat launching in 2024, the satcom industry finds it imperative to consolidate to control their captive markets and offer higher economic value.<\/p>\n<p>\u201cEssentially two options remain accessible to operators today: Either build a full-fledged services arm and integrate offerings; OR build VHTS\/non-GEOs and lease in bulk to anchor tenants,\u201d according to <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=-qGqJI9ZC5sJ5Epp2FgrTgrlvrqx0ZZ-2RZgaqDSgSSxPWIEuM7OUSedB1mQ9BEgraxNFO04ye0pd9nEXqaPWQQ6uBhFpMxecMtHcgcFJFE=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">Gagan Agrawal<\/a>, Senior Analyst and co-author for the report. &#8220;As companies like SES and Intelsat (C-band proceeds), Hughes (Net Cash), ViaSat (3 VHTS), SpaceX Starlink ($47B valuation) and Amazon Kuiper ($10B committed) build war chests for the next decade, smaller operators will find it difficult to compete on price per bit and be forced to consolidate. The industry has now completed its transition,\u201d adds Agrawal.<\/p>\n<p>\u201cLooking beyond the COVID-19 headwind, both IFC and Maritime sectors are expected to rebound to a growth path on the back of mass vaccination,\u201d remarks <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=sTFbmAZHu_c5gH0r26sxscFCITkgs8228ljR5-WjxrgC-08EAGVX7qOO6LyFLOgvO1qmlSu4_XV3fMdkGyB-8ZqG2UzcS8jtRXJAThsGvoc=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">Joseph Ibeh<\/a>, NSR Analyst and co-author of the report. \u201cHowever, competition for market share will become much fiercer following the recapitalization of insolvent operators and consolidation.\u201d<\/p>\n<p>Investors\u2019 confidence is expected to remain low as operators\u2019 backlog continues to reduce with persisting low ROCE, and they invest in the next CAPEX period (2021-22). Simultaneously, opening of India and other markets, along with new verticals, will enhance addressability and boost confidence beyond 2022.<\/p>\n<p>\n        <strong>About the Report<\/strong><br \/>\n        <br \/>Built on 10+ years of in-house financial research, innovation in building unique metrics and cross-analyzing trends in the satcom industry, NSR\u2019s <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=mm6gePeKzMm1qKLu4U1Ow_uYIPTpA4u7nOrzrTnnPvoyNTgLcHAWJIlWVl3LdYBDiTM5cvSTop8kvAK0Q4hFvZswrEDqQP8IdUFC4mICTHOR_3x1i7HbzHhfPLebxy4Mh4okfc0Q_IODcG4BASaZsxOYBYL0pl20rTpqgG-JeH_jnitkIlMKRD4d8k2s3miF5ueciwmdXWtN2_3sgdTFiyIKvldKwwSgxgJ0RPNGFvQ=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><em>Satellite Industry Financial Analysis, 10th Edition (SIFA10<\/em><\/a>) is the leading industry resource for analyzing financial performance across the dynamic satcom market.\u00a0\u00a0<\/p>\n<p>For additional information on this report, including a full table of contents, list of exhibits, and executive summary, please visit <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=et51pqNYKxpZXadwAXuz8OMRLJUGMSvymC2uf1-CVUAQrJpM4nGUeu8FnnHP1_mP5PUANq1cDvqLdFPJ5JT67Q==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">www.nsr.com<\/a> or call NSR at +1-617-674-7743.<\/p>\n<p>\n        <strong>About NSR<\/strong><br \/>\n        <br \/>NSR is the leading global market research and consulting firm focused on the satellite and space sectors. NSR\u2019s global team, unparalleled coverage and anticipation of trends with a higher degree of confidence and precision than the competition is the cornerstone of all NSR offerings. First to market coverage and a transparent, dependable approach sets NSR apart as the key provider of critical insight to the satellite and space industries.<\/p>\n<p>Contact us at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=_PY6q811URy1tWtrq2-YgYHOG-k8q2w5TNwvjQdvyc6yI2aukoneUk8qJfeQM-yIqs-XqfmLhIqUHb177JdT-w==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">info@nsr.com<\/a> to discuss how we can assist your business.<\/p>\n<p align=\"justify\">\n        <strong>Companies and Organizations Mentioned in NSR\u2019s SIFA10<br \/><\/strong>Amazon Kuiper, APT Sat, Arabsat, Asia Broadcast Satellite (ABS), Asiasat, AT&amp;T, Avanti, Chinasat, Comcast, DirecTV, DISH TV, EchoStar, Eutelsat, Gazprom Space Systems, Global Eagle (GEE), Gogo, Hispasat, Hughes, Inmarsat, Intelsat, ISRO\/Antrix, Measat, NBN, Nilesat, OneWeb, PT Telkom, RSCC, SES, Sky plc, Sky Perfect JSAT, SingTel Optus, Spacecom, SpaceX Starlink, Speedcast, Star One, Telenor Satellite, Telesat, Thaicom, ViaSat, Vinasat, and Yahsat.<\/p>\n<p>\n        <strong>Press Contact:<br \/><\/strong>Kristen Kloster-Grady<br \/>NSR Marketing Director<br \/>KKloster@NSR.com<\/p>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODExMjE5MiMzODgxNDYxIzIwODQyOTA=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/c9e3a0a2-db56-46d1-bd64-b6ac6cc81a6c\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Near Term Headwinds and Competitive Dynamic Shakeup Signal Industry on Cusp of Major Transformation CAMBRIDGE, Mass., Dec. 15, 2020 (GLOBE NEWSWIRE) &#8212; NSR\u2019s Satellite Industry Financial Analysis, 10th Edition report, released today, finds an industry enduring stunted growth with bankruptcies and revenue declines across the satellite operator and service provider segments. However, some gains can be seen with Hughes, ViaSat, and SES all registering large wins on the back of Broadband, Mobility and Gov\/Mil deals. While Integrated Operators and some data segments continue to post gains, video continues to struggle, shrinking the global satcom industry by 2.7% in 2019. Industry leaders like Speedcast and GEE were unable to weather the COVID-19 headwinds with low cash reserves &#8211; declaring bankruptcy, while &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/nsr-satcom-industry-contracts-by-2-7-but-bright-spots-exist-in-post-covid-era\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;NSR: Satcom Industry Contracts by 2.7%, but Bright Spots Exist in Post-COVID Era&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-399532","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>NSR: Satcom Industry Contracts by 2.7%, but Bright Spots Exist in Post-COVID Era - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/nsr-satcom-industry-contracts-by-2-7-but-bright-spots-exist-in-post-covid-era\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NSR: Satcom Industry Contracts by 2.7%, but Bright Spots Exist in Post-COVID Era - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Near Term Headwinds and Competitive Dynamic Shakeup Signal Industry on Cusp of Major Transformation CAMBRIDGE, Mass., Dec. 15, 2020 (GLOBE NEWSWIRE) &#8212; NSR\u2019s Satellite Industry Financial Analysis, 10th Edition report, released today, finds an industry enduring stunted growth with bankruptcies and revenue declines across the satellite operator and service provider segments. However, some gains can be seen with Hughes, ViaSat, and SES all registering large wins on the back of Broadband, Mobility and Gov\/Mil deals. While Integrated Operators and some data segments continue to post gains, video continues to struggle, shrinking the global satcom industry by 2.7% in 2019. Industry leaders like Speedcast and GEE were unable to weather the COVID-19 headwinds with low cash reserves &#8211; declaring bankruptcy, while &hellip; Continue reading &quot;NSR: Satcom Industry Contracts by 2.7%, but Bright Spots Exist in Post-COVID Era&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/nsr-satcom-industry-contracts-by-2-7-but-bright-spots-exist-in-post-covid-era\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-15T07:03:04+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODExMjE5MiMzODgxNDYxIzIwODQyOTA=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/nsr-satcom-industry-contracts-by-2-7-but-bright-spots-exist-in-post-covid-era\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/nsr-satcom-industry-contracts-by-2-7-but-bright-spots-exist-in-post-covid-era\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"NSR: Satcom Industry Contracts by 2.7%, but Bright Spots Exist in Post-COVID Era\",\"datePublished\":\"2020-12-15T07:03:04+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/nsr-satcom-industry-contracts-by-2-7-but-bright-spots-exist-in-post-covid-era\\\/\"},\"wordCount\":652,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/nsr-satcom-industry-contracts-by-2-7-but-bright-spots-exist-in-post-covid-era\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODExMjE5MiMzODgxNDYxIzIwODQyOTA=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/nsr-satcom-industry-contracts-by-2-7-but-bright-spots-exist-in-post-covid-era\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/nsr-satcom-industry-contracts-by-2-7-but-bright-spots-exist-in-post-covid-era\\\/\",\"name\":\"NSR: Satcom Industry Contracts by 2.7%, but Bright Spots Exist in Post-COVID Era - 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However, some gains can be seen with Hughes, ViaSat, and SES all registering large wins on the back of Broadband, Mobility and Gov\/Mil deals. While Integrated Operators and some data segments continue to post gains, video continues to struggle, shrinking the global satcom industry by 2.7% in 2019. Industry leaders like Speedcast and GEE were unable to weather the COVID-19 headwinds with low cash reserves &#8211; declaring bankruptcy, while &hellip; Continue reading \"NSR: Satcom Industry Contracts by 2.7%, but Bright Spots Exist in Post-COVID Era\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/nsr-satcom-industry-contracts-by-2-7-but-bright-spots-exist-in-post-covid-era\/","og_site_name":"Market Newsdesk","article_published_time":"2020-12-15T07:03:04+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODExMjE5MiMzODgxNDYxIzIwODQyOTA=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/nsr-satcom-industry-contracts-by-2-7-but-bright-spots-exist-in-post-covid-era\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/nsr-satcom-industry-contracts-by-2-7-but-bright-spots-exist-in-post-covid-era\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"NSR: Satcom Industry Contracts by 2.7%, but Bright Spots Exist in Post-COVID Era","datePublished":"2020-12-15T07:03:04+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/nsr-satcom-industry-contracts-by-2-7-but-bright-spots-exist-in-post-covid-era\/"},"wordCount":652,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/nsr-satcom-industry-contracts-by-2-7-but-bright-spots-exist-in-post-covid-era\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODExMjE5MiMzODgxNDYxIzIwODQyOTA=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/nsr-satcom-industry-contracts-by-2-7-but-bright-spots-exist-in-post-covid-era\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/nsr-satcom-industry-contracts-by-2-7-but-bright-spots-exist-in-post-covid-era\/","name":"NSR: Satcom Industry Contracts by 2.7%, but Bright Spots Exist in Post-COVID Era - 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