Market Trends

Cambridge, Mass., February 1, 2021--NSR’s In-Orbit Servicing & Space Situational Awareness Markets, 4^th Edition (IOSM4) report, released today, forecasts In-Orbit Satellite services (IoS) cumulative revenues of US$ 6.2 billion by 2030. While growth is anticipated across all applications, GEO Satellite Life Extension is expected to generate the largest portion of revenues due to the sheer number of satellites expected to use this service.

Addison, Tex., January 29, 2021--Just released research from Parks Associates reveals 43% of US broadband households with traditional pay TV are likely to switch to a virtual multichannel video programming distributor (vMVPD) in the next 12 months. The research, found in Growth and Challenges for vMVPDs, shows that while the absence of live sports and live performances during the COVID-19 pandemic created challenges for vMVPDs, the successful services like Hulu + Live TV and YouTube TV have been able to push the advantages in pricing, content, and platform flexibility to drive growth.

Campbell, Calif., Jan. 27, 2021--Mobile Experts just released a new Expert INSIGHT investigating mobile network options for the uncovered billions that need improved remote coverage and low cost. Will satellites be the answer? Or terrestrial networks be extended farther into rural areas?

Colorado Springs, Colo., January 21, 2021—In its newly released quarterly issue of The Space Report, Space Foundation, a 501(c)(3) global space advocate for nearly 40 years, announced 2020 Q4 research and analysis findings revealing substantial growth in key areas. Driven by the pace of SpaceX and OneWeb, as the two companies build out their low Earth orbit (LEO) broadband constellation networks, communications satellite deployments in 2020 climbed 477% compared to 2019.

Boston, Mass., January 21, 2021 – Distance and physical barriers are hampering data transmission to remote locations, but new technologies are evolving to break down these barriers. In its newest report, “Innovating Remote Connectivity,” Lux Research, a leading provider of tech-enabled research and advisory services, analyzes evolving technologies and their suitability for key industries that require remote solutions.

New York City, NY – January 21, 2021--The World Teleport Association (WTA) today released The Virtual Teleport, a new research report that examines the growing adoption and impact of virtualization on the teleport and satellite sector. The report explores the extent to which teleport operators have embraced virtualization, its benefits, the barriers and challenges it presents, the opportunities it creates, and what the future might hold. The Virtual Teleport was sponsored by Kratos.

by Mayank Halmare

Pune, India, January 15, 2021--According to Allied Market Research, the global satellite data services market was valued at US$ 5.52 billion, growing at a CAGR of around 19.1% during the forecast period (2020-2027). Satellite data is the process of collecting information about earth through manmade satellites traveling around the earth’s orbit. The most common use ofsatellite data is earth observation.

Paris, France, January 5, 2021–In its latest research product “The Space Economy Report 2020", Euroconsult estimates that the consolidated space economy, including both government space investments, as well as commercial space, totaled US$ 385 billion in 2020, a record amount. Commercial revenues of US$ 315 billion in 2020 were down 2% from 2019’s US$ 319 billion evaluation, due partially to the Covid-19 pandemic affecting certain commercial markets - in particular satellite communication sub-segments focused on high mobility such as, aero, maritime, offshore oil and gas, though other factors, such as video-related revenues continuing their pre-Covid downward trend contributed to the decrease.

Hampshire, UK, January 4, 2021--A new report by has found that there will be nearly 2 billion active subscriptions to on-demand video services in 2025; a 65% increase over the end of 2020. The primary engine for this growth will be from traditional broadcasters, who are increasingly turning to streaming services in order to extend their reach and compete with online video giants such as Netflix and Amazon Prime Video.

Dublin, Ireland, December 17, 2020--Research and Markets has been monitoring the machine to machine (M2M) services market and it is poised to grow by US$ 131.33 Billion during 2020-2024 progressing at a CAGR of 31% during the forecast period. The report on machine to machine (M2M) services market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.