Americas Markets - Market Trends
Bristol, UK., April 19, 2024
Once again, Rethink TV has its finger firmly on the pulse and this new report arrives just as Netflix confirms its commitment to the rapid scaling up of ad-supported subscription tiers.
Dublin, Ireland, April 15, 2024
The global M2M satellite communication market is valued at USD 15.5 billion in 2023 and is estimated to reach USD 28.7 billion in 2028, registering a CAGR of 13.1% during the forecast period. The growing demand for monitoring and remote management of connected devices stands as a pivotal market driver propelling the growth of M2M satellite communication. As the world becomes increasingly interconnected through the IoT, industries and enterprises are deploying a myriad of connected devices across diverse sectors, such as agriculture, healthcare, transportation, and manufacturing. This surge in connected devices necessitates efficient and reliable communication channels, especially in remote or inaccessible locations where traditional networks may be unreliable or unavailable. M2M satellite communication emerges as a solution to bridge these connectivity gaps, ensuring seamless data transmission and control over dispersed and geographically distant devices. The ability to monitor, track, and manage these devices remotely enhances operational efficiency, reduces downtime, and enables timely decision-making.
Dallas, TX., April 15, 2024
Brussels, Munich, Montreal, Paris, Sydney, Toulouse, Tokyo, Washington D.C., 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.
Los Angeles, Calif. , April 5, 2024
The market for Flat Panel Satellite Antennas (FPA) has been experiencing growing in the last five years and existing and companies 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.
Paris, Washington D.C., Montréal, Yokohama, Sydney, 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 USD 5.55 billion in 2024 to USD 7.76 billion by 2029, at a CAGR of 6.93% during the forecast period (2024-2029).
Bristol, UK; April 3rd, 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 $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.
Dublin, Ireland. March 21, 2024
The Optical Satellite Communication Market size was estimated at USD 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.
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.