|
Energy Markets in Midst of Bandwidth Revolution
CAMBRIDGE, MA, Mar 12, 2013 (MARKETWIRE via COMTEX) --
According to NSR's Energy Markets via Satellite, 3rd Edition report
released today, Energy Markets are in the midst of a bandwidth
revolution that will positively affect satellite companies over the
next decade. More applications at more remote locations continue to
drive demand for satellite services, and Oil & Gas, Mining, and
Utility end-users will demand over 25 Gbps of satellite capacity by
2022.
"The Oil & Gas market continues to lead the Energy sector in total
revenues," states Brad Grad, Analyst with NSR and author of the
report. "The Shale-gas boom, deeper waters, smarter grids, and mining
automation all combine to generate over $17 Billion in cumulative
revenues for satellite providers over the next ten years."
Combined, the Energy Markets will generate $2.2 Billion in revenues
for satellite service providers by 2022, up from $0.7 Billion in
2012. For Onshore markets, utilities and shale-gas drive market
growth, where North America will lead total In-service Units by 2022,
followed by Asia, Europe, Latin America, and the Middle-East Africa.
Offshore, maturing markets in the Atlantic Ocean give way to the
Pacific Ocean as more activity shifts into the region, while the
Indian Ocean remains a solid third place. The Arctic, a distant
fourth, is limited by complex operating conditions and available
natural resources elsewhere.
Terrestrial penetration continues across the O&G, mining, and utility
sectors; however, new exploration activities in remote locations and
increased focus on resilient infrastructure help solidify the
position of satellite services.
Bottom Line, with over 460,000 In-service Units and $2.2 Billion in
revenues by 2022, the Energy Market continues to provide solid growth
for the satellite communications industry. Oil & Gas continues to
generate the most revenues, Utilities will provide more In-service
units, and Mining will remain a steady, complementary opportunity.
About the Report
NSR's Energy Markets via Satellite, 3rd Edition
builds on the legacy of NSR's detailed analysis of the Oil & Gas
markets. In 2013 the NSR Energy Markets via Satellite report now adds
coverage into the mining and utilities verticals. Expanded and
renamed, this 3rd edition brings NSR's industry-leading analysis to a
broader market, providing readers a complete, detailed view into the
unique characteristics of the O&G, mining, and utility verticals. 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.
SOURCE: NSR
[ Back To SIP Trunking Home's Homepage ]
|
NEW Bring Your Own Device
(BYOD): HTML5 and Google's WebRTC are
transforming our industry: The disaggregation of the telecom industry has long
been talked about, while available solutions remain
vertically integrated in spite of a growing industry of
standards-based individual components...
NEW SSOA - SIP Service Oriented Architecture™:
Cloud and large enterprise communications
and collaboration infrastructure: This eBook introduces eZuce's SIP Service Oriented
Architecture (SSOA). SSOA is a 'carrier-class'
system that offers the demanding global enterprise
a modern built-for-the-cloud and highly
scalable...
NEW Benefits of Broadvox VAR Partner Program: We built our Partner Program to work for you. We understand that different
types of partners have different needs, and we don't play favorites. When
you partner with Broadvox, every member of our team stands behind you
and your customers 100%... 
What's New?
