The electric propulsion satellite market and according to this report it is poised to grow by US$ 12.27 Billion during 2021-2025, progressing at a CAGR of 14.95% during the forecast period according to Research and Markets.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the growing preference for hosted payload and cost-effective solutions.

Key Highlights

New analysis from Mobile Experts explores the role that satellite links are likely to play in the upcoming mobile market. According to the report, releases 17 and 18 of the 3GPP standards will include new features to make Non-Terrestrial Networks (NTN) work. This category includes drone-based, balloon-based, and satellite-based communications that will now be able to connect using 5G NR.

In its 5th year, NSR’s first to market In-Orbit Services: Satellite Servicing, ADR, and SSA, 5th Edition (IoSM5) forecasts US$ 14.3 Billion in IoSM revenue, driven by Life Extension, generating $4.7 Billion through 2031.

African OTT movie and TV episode revenues will reach $2 billion by 2027 – triple from $623 million in 2021. South Africa and Nigeria will together account for 56% of the total by 2027, leaving $896 million divided between the other 33 countries. SVOD revenues will reach US$ 1.66 billion by 2027; up from US$ 476 million in 2021.

NSR’s newly released Optical Satellite Communications, 4^th Edition (OSC4) projects a US$ 2 Billion Optical Satcom market for equipment, driven primarily by upcoming Non-GEO constellations. As Optical Satcom growth trends upwards at a 47% CAGR, projected demand reaches 6,000+ laser communication terminal (LCT) units over the next decade.

Reportlinker announced the release of the report "Global Smart Television and Set-Top Box (STB) Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026).The Global smart television market is expected to register a CAGR of 3.17%, while the global STB market is expected to register a CAGR of -1.50% during the forecast period (2022-2027).

The global satellite modem market is estimated to grow from US$ 403 million in 2021 to reach US$ 710 million by 2026; it is expected to grow at a CAGR of 12% from 2021 to 2026 according to Research and Markets.

The satellite modem market for MCPC modem is expected to grow at a higher CAGR from 2021 to 2026. The growth of this segment is attributed to the unparalleled channel efficiency offered by these modems, which is the core requirement of high-data-traffic applications, such as mobile communication, internet, and broadband services.

Pay TV revenues for 20 countries in the Middle East and North Africa region will fall by 38% between peak year 2016 (US$ 3.84 Billion) and 2027 (US$ 2.39 Billion) according to a new report by Digital TV Research.

Euroconsult, the leading space consulting and market intelligence firm, has released its eagerly awaited ''Earth Observation Satellite Systems Market'' report, providing a sweeping review analysis of the Earth Observation (EO) upstream ecosystem and breaking down government and commercial programs in exhaustive details.

Africa will add 18 million pay TV subscribers between 2021 and 2027 to take the total to 57 million according to a new report from Digital TV Research. Subscriber numbers will climb by 46% over this period, but pay TV revenues will rise by only 35% – indicating that subscribers will pay less. Pay TV revenues will reach $6.46 billion by 2027, up from $4.78 billion on 2021.