Market Trends

Paris, France, January 17, 2023 - Inter-satellite communications via optical links are rapidly becoming the preferred means of transmission in space. This is opening up a dynamic new market for optical communications terminals and inter-satellite links driven by the growing number of NGSO broadband constellations. Euroconsult’s newly released report ‘Optical Communications Market’ contains market-leading in-depth analysis of the equipment and solutions using optical links, with the 1st edition purposefully held back until now to ensure that the emerging market is best represented.

London, UK, January 9, 2023 - About 16 million pay TV subscribers will be added in Africa between 2022 and 2028 to take the total to 57 million according to new research from Digital TV research.

Paris, France,  January 9, 2023--The fast growing commercial space sector enjoyed another year of significant growth and productivity during 2022, but did not escape unscathed from rising geopolitical tensions and operational challenges caused by inflation, high interest rates and the after-effects of previous years’ pandemic lockdowns on supply chains, according to Euroconsult.

Dublin, Ireland, December 26, 2022--The global optical satellite communication market is expected to grow from US$ 8.50 billion in 2021 to US$ 10.46 billion in 2022 at a compound annual growth rate (CAGR) of 23.1%. The optical satellite communication market is expected to reach US$ 22.55 billion in 2026 at a CAGR of 21.2% according to Research and Markets.

Paris, France, December 16, 2022 – Euroconsult’s latest ‘Earth Observation Data & Services Market’ report provides a global assessment of the EO satellite-based commercial demand for imagery and value-added services, with expanded granularity by user type, including now a finer breakdown between B2B and B2G, across the 32 vertical subsegment applications in 8 regions and by more various sensor typologies.

Paris, France,  December 15, 2022 - Leading space consulting and market intelligence firm Euroconsult has released the 22nd edition of its annual “Government Space Programs” report this week, evidencing a continued increase in global governments’ space budgets. This year has seen a cumulative spend of $103B in 2022, a 9% increase since last year and a record high for the sector. Despite the recent pandemic crisis, governments have increased their investments in the sector to further support the development of their industry and sustain their ambitions.  

Paris, France, December 12, 2022 - The latest update of Satellites to be built and launched released this week by Euroconsult forecasts a fourfold growth in the number of satellites driven by commercial constellations. The market intelligence report, now in its 25th edition, anticipates over 2,500 satellites to be launched on average every year – or 7 satellites a day totaling 3 tons of mass - over 2022-2031. Civil government and defense customers will remain legacy customers, holding the largest market value of $29 billion every year with three-quarters of the demand in manufacturing and launch. The six leading space faring governments or organizations alone (U.S, China, Russia, Japan, India and European governments, EU and ESA) will account for two third of the demand in value. 

New York City, NY., November 22, 2022 - The World Teleport Association (WTA) today released How to Win Business from a Telco or MNO, a new research report that details the experiences of teleport and satellite operators and their technology partners that have made the investments necessary to win telco business and the lessons learned about the challenges, requirements and opportunities. The report is sponsored by Kratos.

Paris, France,  November 3, 2022 -- The latest edition of the Prospects for Space Exploration report from Euroconsult predicts global governmental investments in space exploration will reach $31B within the next decade. The report identifies key budget drivers that include the continuation of increased funding in transportation, orbital infrastructure, and in lunar exploration. The public and private focus on establishing a sustainable lunar presence, while also maintaining a sustained LEO human presence, will also beat the heart of space exploration roadmaps in the years to come.

Jaipur, India,  October 21, 2022--According to Market Statsville Group (MSG), the global commercial satellite imaging market size is expected to grow from USD 3.3 Billion in 2021 to US$ 8.5 Bil. by 2030, at a CAGR of 11.1% from 2022 to 2030. Commercial satellite imaging is a technique for displaying high-resolution datasets of ground conditions.