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SpaceX's Starlink has obtained a license to operate in Indonesia! Agency forecast: Musk's Starlink revenue is expected to exceed $6.6 billion this year [with analysis of the current situation of the satellite Internet industry]

author:Qianzhan Network
SpaceX's Starlink has obtained a license to operate in Indonesia! Agency forecast: Musk's Starlink revenue is expected to exceed $6.6 billion this year [with analysis of the current situation of the satellite Internet industry]

(Image source: Photo.com)

On Wednesday, Indonesia's communications minister announced that Starlink, the satellite internet service of Musk's space exploration technology company SpaceX, has officially received permission to operate in Indonesia, which means that Indonesia has become the third country covered by Starlink in Southeast Asia.

Starlink's operations in Indonesia will comply with local regulations and work closely with local network access providers to ensure the smooth operation of the service. The Indonesian government is open to Starlink and expects it to provide stable, high-speed internet services to remote areas of the country.

Starlink is a revolutionary satellite internet service launched by SpaceX that aims to provide ubiquitous high-speed internet connectivity to users around the world through a vast satellite network. This service has received a lot of attention since its launch.

Recently, Quilty Space, a market research and consulting firm, released a report on the development of the Starlink satellite network. The report notes that SpaceX's Starlink satellite network is growing much faster than expected, with revenue expected to reach $6.6 billion in 2024.

Since SpaceX's successful launch of the first 60 Starlink satellites in May 2019, the Starlink satellite network has expanded rapidly. To date, the network has nearly 6,000 satellites, of which 5,200 are in operation, covering 2.7 million subscribers in 75 countries around the world.

It is worth mentioning that on February 26 this year, SpaceX successfully released its first post from space to social platforms through the Starlink satellite network.

Caleb Henry, Quilty Space's director of research, said SpaceX has been effective in reducing costs by controlling most of its manufacturing processes internally and avoiding the extra margins common with external suppliers. In addition, SpaceX has set a unique production cadence, creating a rate of satellite production that has never been seen in the industry. Together, these factors have contributed to the rapid development and popularity of the Starlink satellite network.

On November 2 last year, Musk announced that SpaceX's Starlink project had achieved cash flow breakeven and accounted for the majority of all active satellites.

With the official opening of the Indonesian market, Starlink will continue to expand its service network in Southeast Asia and even around the world.

With the continuous progress of technology and the growth of application demand, satellite Internet has become an important part of the information and communication field in China. The mainland satellite Internet industry covers many fields such as satellite communications, satellite navigation, satellite remote sensing and satellite earth observation, involving communications, military, aerospace, geological exploration, agriculture and environmental monitoring. With the continuous innovation of mainland satellite Internet technology and the improvement of the industrial chain, the mainland satellite Internet industry will usher in a broader space for development.

The industrial chain covers a wide range of fields

The satellite Internet industry chain mainly includes four links: satellite manufacturing, satellite launch, ground equipment manufacturing, and satellite operation and services. Satellite manufacturing includes satellite platforms and satellite payloads; Satellite launch includes rocket manufacturing and launch services; Ground equipment includes fixed ground stations, mobile ground stations and user terminals; Satellite operation and services include mobile satellite communication services, broadband broadcasting services and fixed satellite services.

SpaceX's Starlink has obtained a license to operate in Indonesia! Agency forecast: Musk's Starlink revenue is expected to exceed $6.6 billion this year [with analysis of the current situation of the satellite Internet industry]
SpaceX's Starlink has obtained a license to operate in Indonesia! Agency forecast: Musk's Starlink revenue is expected to exceed $6.6 billion this year [with analysis of the current situation of the satellite Internet industry]

Satellite Internet enables global communication coverage

Satellite Internet has the characteristics of wide coverage, low latency, broadband and low cost. As a space communication infrastructure, the construction of satellite Internet will also provide conditions for the subsequent global Internet of Things.

SpaceX's Starlink has obtained a license to operate in Indonesia! Agency forecast: Musk's Starlink revenue is expected to exceed $6.6 billion this year [with analysis of the current situation of the satellite Internet industry]

China Satcom: China's only commercial satellite telecommunications operator has abundant satellite resources

China Satcom's broadcasting and communication services cover the entire territory of China, its surrounding areas and the main regions of the "Belt and Road". The "Haixingtong" global network service covers more than 95% of the world's sea routes.

China Satcom has independent, controllable, and complete communication and broadcasting satellite resources, frequency orbit resources and ground station network resources. As of December 31, 2021, the company operates and manages 14 commercial communication and broadcasting satellites, with 24×7 high-quality service capabilities, and has the only commercial satellite interference investigation system in China.

SpaceX's Starlink has obtained a license to operate in Indonesia! Agency forecast: Musk's Starlink revenue is expected to exceed $6.6 billion this year [with analysis of the current situation of the satellite Internet industry]

The CITIC Securities research report pointed out that satellite frequency and orbit resources are scarce strategic resources, and satellite Internet has strategic value in global coverage, 6G communications, special communications, etc., and has become a "new battlefield" for global competition. Driven by policy support and technological progress, the mainland satellite Internet industry is expected to usher in a ten-year golden period of development, which is expected to drive the industrial scale to reach the trillion yuan level.

CITIC Securities released a research report pointing out that considering business, competition and security factors, it is necessary for China to develop the satellite Internet industry. At present, the "GW Constellation" and "G60 Starlink" plans to have a total of about 25,000 low-orbit satellites. With the accelerated deployment of these two plans, it is expected that 2024 will become the first year of intensive launch of China's low-orbit satellites, and the maturity of technology and market is expected to bring about an explosion of domestic low-orbit communication satellite launches in 2026.

Prospective Economist APP Information Group

For more research and analysis of this industry, please refer to the "Market Prospect and Investment Strategic Planning Analysis Report of China's Satellite Communication Industry" by Qianzhan Industry Research Institute

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