The demand for space-based data and connectivity is growing at an unprecedented rate. Frost & Sullivan expects this demand to outpace what conventional radio frequency (RF)-based communication systems could provide, driving the need to explore other technologies to meet the growing needs. One such technology considered a better alternative is optical space communication systems.
These systems will allow market participants to get better transmission speeds—more than 100 times faster than conventional RF-based systems. Optical-based systems have tremendous advantages over RF-based systems but have their fair share of challenges.
Since the market is in its early stage, we have not determined its size and growth rate. However, we provide stakeholders insights into the opportunities available in funding, partnerships, and product development that can help the industry move forward over the next few years.