| ▲ | wenc 3 hours ago | |
I did a search and found that the satellite internet market size is $16B today and $38B in 2031 (5 years from now) https://www.mordorintelligence.com/industry-reports/satellit... But I also think that focusing on residential internet as the only market might be thinking too small. There's aviation, maritime, defense, telecom/enterprise backhaul, remote industrial (oil rigs, mines, etc.), and those guys are are not paying $135/month. This might unlock new applications, like remote sensors and autonomous devices that are out of coverage areas today. John Deere's farming equipment for instance is already on Starlink, and those things are basically computers on wheels. The only issue is that satellite internet needs line of sight to the sky. Underground/undersea applicatons are basically out. | ||