Market Trends

Global Governmental Space Exploration Investments to Reach $31 Billion by 2031 as Public and Private Players Reach for the Moon

Paris, France,  November 3, 2022 -- The latest edition of the Prospects for Space Exploration report from Euroconsult predicts global governmental investments in space exploration will reach $31B within the next decade. The report identifies key budget drivers that include the continuation of increased funding in transportation, orbital infrastructure, and in lunar exploration. The public and private focus on establishing a sustainable lunar presence, while also maintaining a sustained LEO human presence, will also beat the heart of space exploration roadmaps in the years to come.

Commercial Satellite Imaging Market Size Expected to grow to 8.5 Billion by 2030

Jaipur, India,  October 21, 2022--According to Market Statsville Group (MSG), the global commercial satellite imaging market size is expected to grow from USD 3.3 Billion in 2021 to US$ 8.5 Bil. by 2030, at a CAGR of 11.1% from 2022 to 2030. Commercial satellite imaging is a technique for displaying high-resolution datasets of ground conditions.

NSR’s Non-GEO Constellations Analysis Toolkit v3.0 Expands Surveyed Systems and Doubles Benchmarking

Cambridge, Mass., September 6, 2022 -  NSR launched today the Version 3.0 of its Non-GEO Constellations Analysis Toolkit (NCAT3), enhancing the industry-leading evaluation toolset of LEO and MEO satellite constellations. NCAT3 expands the set of NSR-surveyed systems to 72 sub-constellations and doubles benchmarking capability to 100 concurrent shells.

Trends in Satellite Video Broadcasting

by Thomas Wrede

Luxembourg, September 5, 2022--In many countries satellite video broadcasting is a major means of linear TV and radio delivery. But consumers today expect the convenience of watching linear and on-demand content on portable devices such as tablets, notebooks and mobile phones. Consequently, most video content providers now have dual-platform operations: a legacy (satellite) broadcast head-end, using MPEG Transport Stream delivery that serves integrated digital TVs or set-top boxes connected to consumers’ main room TV screens, and in addition an OTT streaming platform supporting live and on-demand content distribution, using unicast adaptive bit rate (ABR) streaming to mobile devices. 

Inmarsat Study Reveals Surge in Maritime Data Usage as Shipping Industry Seeks Increased Connectivity

London, UK, September 1, 2022--Data usage on commercial maritime vessels has jumped more than threefold since 2019, according to new communications analysis by Inmarsat  that underlines the shipping industry’s reliance on digital connectivity to enhance operating efficiency and safeguard crew welfare during a period of unprecedented disruption to seaborne trade.

Ground Segment Forecasted at US$ 78 Billion Cumulated Market Value from 2022 to 2031 by Euroconsult

Paris, France, September 1, 2022–The latest Ground Segment Market report by leading space consulting and market intelligence firm Euroconsult projects the ground station segment to remain quite stable over the 2022 – 2031 period, with a year-on-year growth of 1.4% and a forecasted market value of US$ 3.6 Billion by 2031, driven by the growing demand for data & services.

NSR Report: Commercialization of Space Driving nearly 570 Exabytes of Information

Cambridge, Mass., August 18, 2022 – NSR’s newly released Space Traffic Study, 2nd Edition report finds that commercialization of more segments of the space value-chain is driving a rapid increase in traffic volumes. Although markets such as Earth Observation or Space Tourism still only account for 5% of the cumulative data volumes between 2021 and 2031, cloud connectivity and increased investments to downlink data ‘from space’ are paying off in total data volumes.

Satellite Connectivity for the Energy Market

by Elisabeth Tweedie
 
Los Angeles, Calif., August 18,2022--The last few years have been turbulent ones for the oil and gas industries.  First, tumbling prices, initially due to a 30% decrease in demand as the pandemic effectively grounded airlines and severely curtailed other public transport and private vehicle usage.  This was rapidly followed by a price war, as Saudi Arabia stepped up output in a bid to become the dominant supplier.  At the same time, the industry, like many others was suffering a shortage of personnel due to the pandemic.  A serious issue for an industry that operates heavy machinery in remote locations.  

MarketBrief Report on the Energy Market

MarketBrief report on the Energy Market sponsored by ST Engineering iDirect

Featuring:

Satellite Connectivity for the Energy Market by Elisabeth Tweedie

Interview with Jean-Michel Rouylou, Head of Enterprise Market, ST Engineering iDirect

Case Study: ST Engineering iDirect’s Technology and  AXESS Maritime Provide Connectivity to a Leading 
Offshore Wind Service Provider

To read or download the pdf of full report click here.

In-Flight Connectivity Market Set to Double in Coming Decade

Paris, France, August 17, 2022–Analysis by leading space consulting and market intelligence firm Euroconsult shows a 10% increase in the number of commercial aircraft connected to in-flight services compared to 2020, totalling 9,900 planes by the end of 2021. Within the next decade, the number of aircraft using such services is expected to double to more than 21,000.