Market Trends

 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.

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.

​Paris, France, April 7, 2024 - NovaSpace, formerly Euroconsult, leading space consulting and market intelligence firm, is forecasting that the worldwide launch rate for defense and dual-use satellites will jump by 160% over the coming decade.

Dublin, Ireland, April 4, 2024 - The Satellite Communication Market in the Defense is expected to grow from US$ 5.55 billion in 2024 to US$ 7.76 billion by 2029, at a CAGR of 6.93% during the forecast period (2024-2029) according to new research from Research and Markets.

by Bernardo Schneiderman

Los Angeles, Calif. , April 5, 2024 - The market for Flat Panel Satellite Antennas (FPA) has been experiencing growing in the last five years and manufacturers are planning to compete for the multi-orbital antenna market. As we observed during the Satellite 2024 Exhibition and conference  in Washington, D.C.  held last month, we found more than 20 companies showing flat panel satellite antennas in the show floor for the major markets that include aeronautical, terrestrial and maritime & broadband for mobility/fix applications and focus in the end user market, enterprise and government and military. 

Bristol, UK., April 3, 2024 - In a cruel twist of irony, subscriptions are becoming ever-more essential to the survival of AVoD platforms. The stalwarts of internet video are set to bring in over US$ 546 billion in revenue over the next five years, but the ad-supported business model which many of these platforms pioneered is clearly serving them no longer according to Rethink TV.

Dublin, Ireland. March 21, 2024 - The Optical Satellite Communication Market size was estimated at US$ 2.30 billion in 2023, USD 2.75 billion in 2024, and is expected to grow at a CAGR of 20.27% to reach USD 8.38 billion by 2030 according to Research and Markets.

by Elisabeth Tweedie

Los Angeles, Calif.,  March 15, 2024-In recent years the satellite industry has undergone a profound change–and one that is still continuing.  High Throughput Satellites (HTS) have been joined by Very- and Ultra-High Throughput Satellites (VHTS and UHTS), and more recently by software defined satellites.  Thousands of Non-Geostationary Orbit (NGSO) satellites are in operation.  At the same time, new applications are constantly emerging.  In-orbit Servicing (IoS) is a reality and Space Situational Awareness (SSA) is becoming a necessity, the Internet-of-Things (IoT) extends its reach on a daily basis.  The range of frequency bands in regular use is expanding.  L, C, Ku and Ka-bands are being joined by greater use of S, X and now V-band.  Space tourism is a reality and in the next few years there will be satellites orbiting the moon, as well as earth.

New York City, March 11, 2024 -- WTA has released its newest research report, SD-WAN for Competitive Advantage and Revenue Growth. The report is free for WTA Members and available for purchase by others. Click here to get the report.