"The launch of new high throughput satellites in North America finally began to impact the growth curve for satellite broadband Internet access services in 2012," NSR Senior Analyst Patrick M. French said in his report. "NSR expects that these services will prove their mettle in the coming 12 to 18 months in North America, and this should give the needed nudge to other regions like Western Europe and Latin America."

In relation to enterprise VSAT, the report predicts that within a few years, the developing Latin American and Asian markets will have larger installed VSAT bases than mature markets like North America.

NSR also anticipates that as services shift to provisioning with HTS and O3b capacity, backhaul services and IP trunking will make significant strides. This migration serves as a way to offer more capacity at a much cheaper price than traditional Traditional C- and Ku-band services.