Market Trends

Standardization is Key for Enabling Democratization of Optical Communications Technology

Paris, France,  May 1, 2024 – Novaspace, a merger between Euroconsult and SpaceTec Partners, a space consulting and market intelligence firm, anticipates that standardization will drive democratization, catalyzing the fast-paced technological evolution of optical communications and the market. Government-supported standardization efforts, such as the SDA program, have been conducted to drive down costs and enable larger adoption of laser communications technology, which for the moment, remains costly.

Global Connectivity Demands Fuel Rapid Growth of Satellite IoT Market to a US$4 Billion Frontier by 2030

New York City, NY, May 1, 2024 - The satellite Internet of Things (IoT) market is transforming remarkably, driven by technological advancements and an ever-increasing demand for global connectivity. As the world becomes more interconnected, the limitations of terrestrial networks become apparent, particularly in remote and underserved regions. This is where satellite IoT steps in, bridging the gap with its ability to provide widespread, reliable connectivity across the globe. Global technology intelligence firm ABI Research forecasts the market to surge past the US$4 billion mark by 2030, signaling significant growth potential in the market.

MarketBrief report on Innovations in Satellite Services

MarketBrief report on Innovations in Satellite Services sponsored by iKO Media Group

Featuring:

 Innovations in Satellite Services  by Virgil Labrador

Interview with David TreadwayChairman of the Board, iKO Media Group

To read or download the pdf of full report click here

Non-geostationary Orbit Constellations Redefining the High Throughput Satellites Market Landscape

Paris, France, April 25, 2024 – Significant and ongoing transformations in the High Throughput Satellites (HTS) market are confirmed in the 7th edition of the 'High Throughput Satellites' report from leading space consulting and market intelligence firm Novaspace, a merger between Euroconsult and SpaceTec Partners. The report underscores the pivotal role of Non-Geostationary Orbit (NGSO) constellations in reshaping the satellite connectivity industry, with the latter to emerge as the primary driver in coming years.

Global SVoD services continue strong growth, in $143.3 billion market, with ad-supported revenue becoming major component

Bristol, UK., April 19, 2024 - Once again, Rethink TV has its finger firmly on the pulse and this new report arrives just as Netflix confirms its commitment to the rapid scaling up of ad-supported subscription tiers. 

Smallsats by the Numbers 2024

Alexandria, Va., April 18, 2024 - BryceTech announced the new edition of its annual Smallsats by the Numbers report. In 2023, a record number of 2,680 smallsats (≤1200kg) were launched, an 18% increase from 2022 and a 61% increase from 2021. Smallsat broadband  megaconstellation operators dominated smallsat activity in 2023 and are continuing deployments in 2024

Software Defined Satellites Create New Space Market Opportunities

 Paris,France, April 15, 2024 – The satellite communications market has seen significant changes across its value chain, bringing forth new technological innovations that include flexible satellites and more specifically, Software-Defined Satellites (SDS). Geostationary Earth Orbit (GEO) satellite operators have been compelled to respond to increased competition amidst these market shifts. One approach is to optimize the utilization of GEO satellites; however, the rigidity and fixed capacity of traditional GEO satellites is a notable constraint. Therefore, the advent of flexible satellites presents an attractive solution to a variety of problems.

Parks Associates at NAB: US Households Report Consuming 43.5 Hours Of Video Per Week Across All Viewing Devices

Las Vegas, NV, April 15, 2024 - At NAB today, Parks Associates released new research, The Viewer Journey: Navigating Streaming Options, revealing US Internet households now consume 43.5 hours of video per week on average across all viewing devices, an increase of more than six hours from 37.2 hours in 2020. Additionally, 61% of households watch paid streaming services on a TV set, consuming an average of 7.5 hours per week of content from these services.

Global M2M Satellite Communication Market by Offering: Forecast to 2028

Dublin, Ireland,  April 15, 2024 - The global M2M satellite communication market is valued at US$ 15.5 billion in 2023 and is estimated to reach US$ 28.7 billion in 2028, registering a CAGR of 13.1% during the forecast period according to new research from Reserach and Markets.