NSR's Annual Report Shows Vitality of Narrow Band Communications In Mining Sector
Northern Sky Research's (NSR) narrowband satellite systems newly released SCADA/M2M via Satellite continues to provide mining clients with a dependable, proven narrowband communications solutions despite inroads made by higher bandwidth companies.
Today NSR announced the release of the 4th Edition of the Scada/M2M system.
In 2012, revenues NSR stood at $1.1 billion with narrowband systems accounting for 87% of the global total. By 2022, the market is expected to reach $2.0 billion with narrowband systems improving slightly, accounting for 88% of the revenue base.
While key sectors like the Military, Transportation and Cargo drive the market; Oil & Gas, Utilities and the Mining sectors play a strong role in the steady narrowband growth as they depend on narrowband solutions to run critical applications from remote locations.
Given high demand for narrowband applications, NSR does not foresee a game change in the solution mix for SCADA/M2M over the long term.
"Higher bandwidth Ku-band and HTS systems will have specialized roles to play in the marketplace such as remote video surveillance, but the overarching solution will likely continue to predominantly be narrowband systems," according to the study's author Jose Del Rosario, Senior Analyst for NSR.
"The market is currently dominated by narrowband L-band systems. Higher bandwidth Ku-band and HTS have gained inroads in the Transportation and Cargo markets and in new markets like Green Energy and Construction," notes Del Rosario. "However, broadband requirements are likely to be narrowly focused, leading to a healthy but relatively small niche in the overall SCADA/M2M market landscape."
In its 4th Edition, NSR's annual report continues industry-leading tracking and analysis of the SCADA/M2M via Satellite market. The report provides a complete and comprehensive analysis of addressable markets and demand trends for the SCADA/M2M market today, covering 8 regions and 10 distinct vertical markets. The report forecasts in-service units and service revenues in each frequency platform that includes L-band, Ku-band, C-band and HTS for the period 2012-2022. For additional information on this report, including a full table of contents, list of exhibits and executive summary, please visit www.nsr.com or call NSR at 617-576-5771.
About NSR
NSR is a leading international market research and consulting firm with a core focus on the satellite sector and related industries. Founded in 2000 and with an experienced group of analysts located in all regions, NSR specializes in analysis of growth opportunities across four core sectors: Satellite Communications, Broadcasting & Digital Media, Hybrid & Emerging Applications and Commercial Space.
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