Market Trends

Global AVOD spend to reach US$ 70 billion

London, UK, May 13, 2022--AVOD revenues for TV series and movies will reach US $70 billion in 2027, up from US$ 33 billion in 2021. 13 of the 138 countries covered will generate more than $1 billion in 2027, up from only five countries in 2021 according to Digital TV Research.

Land Mobile Satellite Market Moving to Broadband and US$ 1.2 Billion Revenue Potential

Cambridge, Mass., May 5, 2022--In its 10th year, NSR’s landmark Land Mobile via Satellite (LMvS10) report finds a significant revenue migration underway from narrowband to broadband applications. Though currently dominated by narrowband services, connected vehicles and High Throughput Satellite (HTS) Comms on the Pause (COTP) services are positioned as the fastest growing satellite land mobile sector markets through the decade.

Cloud Service Delivery via Satellite to Generate US $32 Billion by 2031

Cambridge, Mass., April 27, 2022 - NSR’s newly released Cloud Computing via Satellite, 3rd Edition sees Cloud Service Delivery via Satellite positioned to generate US$ 32 Billion, with 240+ Exabytes of Traffic, by 2031. The impending wave of LEO, MEO, and GEO-HTS satcom and data services is set to boost long- term cloud adoption, significantly enhancing market engagement opportunities.

Amid Prolonged Impacts of COVID, The Maritime Industry Showed Positive Trends in 2021

Paris, France, April 21, 2022 – Leading space consulting and market intelligence firm Euroconsult has released its annual “Prospects for Maritime Satellite Communications” report, which shows that despite the prolonged COVID-19 pandemic and its associated impacts, 2021 was still a positive year for the global maritime satellite communication market.

Global Military Satellite Market Projected to reach US$ 63.116 Billion in 2026

Dublin, Ireland, March 11, 2022--The global military satellite market is expected to grow from US$ 52.28 billion in 2021 to US$ 54.83 billion in 2022 at a compound annual growth rate (CAGR) of 4.9%. The market is expected to reach US$ 63.116 billion in 2026 at a CAGR of 3.6% according to new Research from Research and Markets.

The Satellite Ground Equipment Market

by Virgil Labrador, Editor-in-Chief

Los Angeles, Calif., March 11, 2022--The Satellite ground equipment market is projected to grow from US$ 22 billion in 2021 to US$ 53.7 Billion by 2026, at a Compounded Annual Growth Rate (CAGR) of 19.6% according to Research and Markets. Satellite equipment is an integral part of the communication in the commercial and defense industries.

Update on the Satellite Internet of Things Market

by Hub Urlings and Marco Franken

Amsterdam, the Netherlands, March 4, 2022--These are exciting times for those following the 25-year-old satellite IoT market developments. Currently, we see more than 40 Sat-IoT networks (according to Berg Insight 2021) that are commercially available in the market or on the verge of being launched, and the number of new announcements of satellite IoT constellations is still growing.