Americas Markets - Market Trends
Amid the COVID-19 crisis and the looming economic recession, the Fixed Satellite Services (FSS) market worldwide will grow by a projected US$9 Billion by 2027, driven by a revised compounded annual growth rate (CAGR) of 5.3% according to a new study by Research and Markets.
The World Teleport Association (WTA) today released High Performance: Insights that Improve Quality of Service, a new research report in the High Performance series that explores the biggest threats to quality of service, how management practice affects QOS outcomes and the sometimes-unexpected factors that underpin high performance or lead to its opposite.
NSR’s Global Satellite Manufacturing and Launch Markets, 10th Edition (GSMLM10) report, released today, projects a US$ 478 Billion opportunity for the satellite manufacturing and launch market over the next decade. This new study integrates satellites below 500 kg, covering the whole spectrum of satellite mass classes and applications.
The Global Airborne SATCOM market accounted for US$5.51 billion in 2018 and is expected to reach $9.80 billion by 2027 growing at a CAGR of 6.6% during the forecast period according to Research and Markets. Rise in long-haul flights and traveller traffic and raise in the number of high-throughput satellites are the major factors propelling the market growth. However, factors such as ultra-compact SATCOM terminals for tactical UAVs and need to improve passenger experience are hampering the market growth.
Ericsson (NASDAQ: ERIC) expects the global number of 5G subscriptions to top 190 million by the end of 2020 and 2.8 billion by the end of 2025. These forecasts are included in the June 2020 edition of the Ericsson Mobility Report, along with projections for data traffic growth, and regional subscriptions. The report also takes an incisive look at the role of networks and digital infrastructure in keeping societies running, and families connected during the COVID-19 pandemic.
The satellite manufacturing and launch systems market is poised to register a CAGR of more than 3.5%, during the forecast period 2020 - 2025 according to new research from Research and Markets.
A global poll of broadcasters conducted by OnePoll on behalf of Nevion, the architects of virtualized media production, has found that over a third (39%) of respondents expect their organization will be ready to adopt 5G within a year, while a further 53% believe they will be able to do so within the following year.
The survey found that 94% of broadcasters think that their country has the infrastructure ready to adopt 5G. Yet, despite this optimism, only 46% of broadcasters have tested 5G’s capabilities within their organization.
NSR’s Global Satellite Capacity Supply and Demand, 17th Edition report, released today, finds COVID-19 having a deep, near term impact on key satellite capacity growth areas, but the industry will bounce back to 2019 revenue levels in 3 years. Despite near term challenges, NSR is still bullish on long-term potential, forecasting Satcom revenues reaching $26.5 Billion by 2029.
New research from Parks Associates’ OTT video research, from a survey of 10,000 US broadband households fielded in March 2020, finds that 76% of US broadband households subscribed to an OTT video service in Q1 2020, while the churn rate for streaming services was 41%. Sixty-two percent of US broadband households subscribed to a traditional pay-TV service.
