Press Release: Offshore Energy Connectivity Service Revenues Surpassed $430 Million in 2024

Valour Consultancy is pleased to announce the launch of a brand new report: “Deep Dive: IoT and Crew Communications with Offshore Energy Producers – 2025“. This comprehensive study provides insights into the evolving connectivity landscape within the offshore energy ecosystem alongside an in-depth market analysis.

In 2024, Valour Consultancy estimates that offshore energy connectivity service revenues surpassed $430 million, reflecting the increasing demand for robust and reliable connectivity solutions. The report breaks down the number of drillships, semi-submersibles, jackups, FPSOs, fixed platforms, and service and support vessels. Each segment highlights service revenue from connectivity fees, categorised by connectivity type, key regions, and asset characteristics—such as drilling versus production, deepwater versus shallow-water operations, and regional subsea terrain. The offshore energy industry is a well-established sector that strategically optimises operations during economic booms and scales down during downturns.

According to Joshua Flood, the report’s author:

“One of the most interesting insights from our preliminary data is understanding the unique characteristics and usage behaviours of different assets deployed in the offshore energy market. The parameters and objectives of a drillship, compared to an FPSO or jackup, differ significantly. Additionally, the locations of these assets—from the Gulf of Mexico and the Middle East to West Africa and the deep waters off Brazil—present distinct challenges in selecting, prioritising, and organising connectivity services.”

Another fascinating finding is the rapid adoption of LEO broadband services in offshore energy. Starlink has evolved from being seen as a consumer service to becoming a key player in the offshore energy market, particularly for crew welfare. It is now recognised for its enterprise-class services. However, in certain regions, such as the Middle East, India, and China, Starlink is prohibited which limits its market opportunities. Meanwhile, OneWeb has also gained traction among offshore operators, providing redundancy and fostering competition. As such, the offshore energy connectivity services market was worth nearly half a billion dollars in 2024 and is anticipated to grow significantly in 2025.

Offshore operations are highly complex, often involving multiple tenants operating on a single platform. These operations require separate networks with varying levels of application prioritisation. Operators who successfully manage this complexity will benefit from lucrative connectivity opportunities.

About the Report

Valour Consultancy is a multi-award-winning provider of high-quality market intelligence and consultancy services. “Deep Dive: IoT and Crew Communications with Offshore Energy Producers – 2025” was developed with input from specialised companies across the energy value chain, including connectivity service providers, analytics firms, maritime technology providers, hardware manufacturers, and satellite operators.

The study provides a detailed analysis of market dynamics, including key drivers, inhibitors, technology trends, and the competitive landscape. Forecasts assess how big this market could become, how it will progress in the future and what revenues will look like in 10 years’ time.

To download a copy of our report proposal brochure, please visit: Deep Dive: IoT and Crew Communications with Offshore Energy Producers – 2025.

WHAT OUR CLIENTS SAY

“Valour Consultancy’s research and analysis pertaining to in-flight connectivity adoption is excellent. It helps us understand how the market is expected to grow in the future, and predict whether airlines will aim to launch IFC services on its fleet.”

“The new report on aircraft seating and in-seat power systems provides a very comprehensive market and industry landscape information – the first of its kind containing that level of detail.”

“The Future of Aircraft Seating and In-Seat Power report came at a pivotal time for us as we look to the future of our in-flight offering. It has helped shape our internal strategies and highlighted areas we need to dig into more deeply. Valour has become a trusted resource and partner.”

“The Future of Aircraft Seating and In-Seat Power report came at a pivotal time for us as we look to the future of our in-flight offering. It has helped shape our internal strategies and highlighted areas we need to dig into more deeply. Valour has become a trusted resource and partner.”

“Valour’s maritime connectivity report provides the most comprehensive, detailed understanding of the market, with clear independent insights into the market trends and inhibitors. We use this report as the bible for our business strategy and marketing on what is happening in the industry.”

“Valour Consultancy’s report on The Future of Body Worn Cameras and Systems is well written, detailed and an excellent insight into the key markets. The analysis of the global law enforcement market was extensive and provided us with valuable industry information of this evolving market.”

“In a global market as dynamic as in-flight connectivity, Valour has established itself as a reliable source of market intelligence and insightful analysis. The team is responsive to requests and clearly engaged in improving an already impressive product.”

“The team around Valour Consultancy equips us with the value-added intelligence needed to make well-informed business decisions in a very dynamic market. The passion and knowledge of the team make it a real pleasure to work with them.”

“Astronics is using Valour Consultancy’s 2016 in-flight connectivity report extensively. We’ve found it highly useful in our long-range planning and it has aided in our market research.”

“The Valour Consultancy report on in-flight connectivity provides very detailed insights on the market and it constitutes a very useful tool for the marketing and strategy team at SITAONAIR. The Valour Consultancy team is also very friendly and we enjoy our working relationship with them.”

“Valour Consultancy has provided an incredibly thorough perspective on the in-flight connectivity space, offering insight into drivers of the current and future state of the quickly growing category.”

Press Release: Offshore Energy Connectivity Service Revenues Surpassed $430 Million in 2024

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“Valour Consultancy’s research and analysis pertaining to in-flight connectivity adoption is excellent. It helps us understand how the market is expected to grow in the future, and predict whether airlines will aim to launch IFC services on its fleet.”

“The new report on aircraft seating and in-seat power systems provides a very comprehensive market and industry landscape information – the first of its kind containing that level of detail.”

“The Future of Aircraft Seating and In-Seat Power report came at a pivotal time for us as we look to the future of our in-flight offering. It has helped shape our internal strategies and highlighted areas we need to dig into more deeply. Valour has become a trusted resource and partner.”

“The Future of Aircraft Seating and In-Seat Power report came at a pivotal time for us as we look to the future of our in-flight offering. It has helped shape our internal strategies and highlighted areas we need to dig into more deeply. Valour has become a trusted resource and partner.”

“Valour’s maritime connectivity report provides the most comprehensive, detailed understanding of the market, with clear independent insights into the market trends and inhibitors. We use this report as the bible for our business strategy and marketing on what is happening in the industry.”

“Valour Consultancy’s report on The Future of Body Worn Cameras and Systems is well written, detailed and an excellent insight into the key markets. The analysis of the global law enforcement market was extensive and provided us with valuable industry information of this evolving market.”

“In a global market as dynamic as in-flight connectivity, Valour has established itself as a reliable source of market intelligence and insightful analysis. The team is responsive to requests and clearly engaged in improving an already impressive product.”

“The team around Valour Consultancy equips us with the value-added intelligence needed to make well-informed business decisions in a very dynamic market. The passion and knowledge of the team make it a real pleasure to work with them.”

“Astronics is using Valour Consultancy’s 2016 in-flight connectivity report extensively. We’ve found it highly useful in our long-range planning and it has aided in our market research.”

“The Valour Consultancy report on in-flight connectivity provides very detailed insights on the market and it constitutes a very useful tool for the marketing and strategy team at SITAONAIR. The Valour Consultancy team is also very friendly and we enjoy our working relationship with them.”

“Valour Consultancy has provided an incredibly thorough perspective on the in-flight connectivity space, offering insight into drivers of the current and future state of the quickly growing category.”