Starlink will drive NGSO to dominate maritime communications

Starlink's growth is projected to drive NGSO (Non-Geostationary Orbit) satellite services to dominate the maritime communications market, capturing 97% of the market share by 2034. This shift will significantly impact the industry. A new report from Novaspace indicates that vessels are increasingly switching from GEO (Geostationary Orbit) to NGSO bandwidth, fueled by Starlink's influence. This transition is expected to cause a seven-fold increase in bandwidth usage, transforming the market dynamics. The report also highlights that while NGSO services will dominate, GEO solutions will still be used. Service revenues are expected to reach $3.3 billion by 2034, as the market expands and new norms solidify.