Market Trends

Dublin, Ireland, March 1, 2021--The satellite connectivity industry analysis projects the market to have significant growth of CAGR of 13.09% based on the values during the forecast period from 2020 to 2027 according to new research from Research and Markets. The market is projected to reach US$ 84.88 Bil. by 2027.

Dublin, Ireland, February 16, 2021--The global fixed satellite services (FSS) market reached a value of US$ 21.7 Billion in 2020 according to a report by Reseach and Markets. The report expects the global fixed satellite services (FSS) market to exhibit a moderate growth during 2021-2026.

Cambridge, Mass., February 8, 2021--NSR’s newly released Optical Satellite Communications, 3rd Edition (OSC3) report projects a US$ 3 Billion cumulative revenue opportunity through 2030 for laser communication terminals (LCTs) in both space and airborne markets.   The Optical Satcom market is largely equipment-centric, with a significant portion of the revenue flow going to LCT manufacturers. Success in this market will be heavily dependent upon non-GEO constellation operators’ ability to launch and close their business cases, as well as market adoption from government / military institutions looking for alternative solutions in RF-denied environments.

by Virgil Labrador, Editor-in-Chief

Los Angeles, Calif., February 5, 2021--Communications On The Move or COTM is one of the key applications of satellite technology that provides key services for various sectors.  COTM refers to vehicles and other moving conveyances such as ships, trains, etc. equipped with a satellite dish able to establish communication with a satellite network  and maintain communications while the vehicle is moving.  COTM has vital applications for first responders, disaster recovery, emergency preparedness, remote access, Satellite News Gathering (SNG) in key verticals such as enterprise, broadcast, government/military, maritime, utilities, oil & gas, mining, among others.

Fremont, Calif., February 1, 2021--Increasing demands for faster, more efficient and more reliable ways to manage connected devices will make 2021 the year of service and device lifecycle management, according to open broadband standards development organization, the Broadband Forum. Broadband Forum’s User Services Platform (USP) standard offers related data models and the communication protocol to master such needs. 

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.

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.