Market Trends

Global International Travel Trips to Reach 84% of Pre-Pandemic Level in 2023, as China Leads Recovery Growth

London, UK, January 24, 2023 - Kaleido Intelligence’s International Travel Data Hub 2023 predicts a substantial increase in annual inbound and outbound international travel numbers in 2023, representing a 165% growth over 2020, with global trip volume reaching over 1.7 billion.

Euroconsult Report Addresses Challenges and Potential of Optical Communications for Nascent Space Applications Market

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.

Annual US Sports OTT Subscription Revenue Will Total Approximately US$ 22.6 Billion in 2027, a 73% Increase Over Five Years

Dallas, Tex., January 11, 2023 -- According to Parks Associates' latest research, annual sports OTT subscription revenue in the United States was US$ 13.1 billion in 2022 and will almost double to approximately US$ 22.6 billion in 2027, a 73% increase over the next five years. The new industry report OTT & Sports: Services and Strategies for Growth examines key trends in sports content and provides an overview of the pay-TV sports media landscape, OTT sports services, direct-to-consumer trends, and the sports fan viewing experience.

Value of Space Economy reaches US$ 424 billion in 2022 despite new unforeseen investment concerns

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.

The Optical Satellite Communication Market to Reach US$ 22.55 billion in 2026

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.

Global Market for Commercial Earth Observation Data and Services to Reach US$ 7.9 billion by 2031

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.

New Record in Government Space Defense Spendings Driven by Investments in Space Security and Early Warning

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.  

Satellite Demand to Quadruple Over the Next Decade

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 Report Shows State of U.S. Broadband Deployment Is Strong; The Country’s Biggest Challenge Is Broadband Adoption

Washington, December 5, 2022—The United States ranks among the leading countries in deploying fast broadband, doing so at competitive prices. But it lags behind other countries in broadband adoption, according to a new report from the Information Technology and Innovation Foundation (ITIF), the leading think tank for science and technology policy.

New WTA Report, “How to Win Business from a Telco or MNO,” Explores New Opportunities for Teleports in Terrestrial Telecom

wtalogo.gifNew 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.