Starlink dominates as the low-Earth orbit satellite race intensifies#shorts #starlink #satellite
Bloomberg Televisionยท2025-08-01 20:38
Market Focus - The company is not targeting the consumer market, focusing instead on providing connectivity to businesses and governments [1] - Starlink is addressing the consumer market, requiring significant capacity to serve its customer base [1] B2B Connectivity Market Growth - The B2B connectivity market is currently valued at just over $5 billion globally [2] - The B2B connectivity market is projected to grow at least threefold, reaching nearly $15 billion by 2033 [2] - LEO connectivity in the B2B sector is currently around $2 billion [2] - LEO connectivity in B2B is expected to increase fivefold, reaching $10-12 billion by 2033 [2]