Market Trends

Cambridge, MA- January 4, 2022--NSR’s newly released Space Tourism & Travel Markets, 3rd Edition (STT3) report sees over 57,500 passengers heading to space through the decade, generating $20.3 Billion cumulative revenues. NSR’s STT3 finds the rapid growth seen in the Space Tourism & Travel Markets driven by a growing commercial passenger interest, along with government funding and demand.

Northbrook, Il., December 21, 2021-The SATCOM on the move market is projected to grow from US$ 17.7 billion in 2021 to USD 42.8 billion by 2026, at a CAGR of 19.3%. SATCOM equipment is an integral part of the communication in commercial and defense industry according to a new report by Markets and Markets.

Buenos Aires, Argentina, December 15, 2021--Dataxis has recently published its report on the Fixed Satellite Services (FSS) civil communications market. After years of significant growth, the decline in traditional video activity in the most developed countries is being sustained, resulting in a limited but steady decline in the turnover of FSS operators. The outlook for the future is equally becoming more pronounced.

Cambridge, Mass., December 14th, 2021--NSR’s newly released Global Satellite Ground Segment, 6^th Edition report, finds strong post COVID-19 return to growth for the Ground Segment, illuminating a massive increase in upcoming satellite capacity supply. With a double-digit growth forecast, cumulative industry revenues reach US$ 147 Billion through 2030.

Paris,France,December 8, 2021– Euroconsult has released its “Satellites to be Built & Launched” report for 2021, the latest edition in a series that has consistently set the industry benchmark for analysis of the satellite market. The 17,000 satellites expected to be launched in the next ten years represents a fourfold increase over past decade, reflecting structural changes in the whole space ecosystem and a limited short-term impact of the pandemic.

Cambridge, Mass., December 6, 2021 – NSR’s newly released Space Traffic Study report finds that the amount of data to/from space will reach more than 500 exabytes of information from 2020 to 2030. Driven by the increasing needs for satellite-based connectivity and Earth Observation, data either generated in space or traveling through space will be roughly the equivalent of 3.9 Billion average capacity smartphones over the next ten years. While still a ‘drop in the bucket’ compared to terrestrial networks, space data volumes are expected to increase 14x over the next ten years.

New York, NY, Dercember 1, 2021--According toABI Research, the serviceable addressable market (SAM) for global satellite broadband over geostationary (GEO), medium earth orbit (MEO), and low earth orbit (LEO) satellites will stand at 330 million premises, equivalent to 1.3 billion household members in 2026.

Geneva, Switzerland, December 1, 2021--New data from the International Telecommunication Union (ITU), the United Nations specialized agency for information and communication technologies (ICTs), ​​​​showed that an estimated 37 per cent of the world's population – or 2.9 billion people – have still never used the Internet. The ITU report also revealed strong global growth in Internet use, with the estimated number of people who have used the Internet surging to 4.9 billion in 2021, from an estimated 4.1 billion in 2019. ​​​​An estimated 37 per cent of the world's population – or 2.9 billion people – have still never used the Internet.

Dublin, Ireland, November 23, 2021--The Satellite Transponder Market was valued at US$ 17.01 billion in 2020 and is expected to reach US$ 23.19 billion by 2026, at a CAGR of 5.3% over the forecast period 2021 - 2026 acording to new reserach from Research and Markets. Satellite transponders are minor chip size circuits that are integrated into satellites for the purpose of transmitting the uplink data or information to the downlink and vice-versa.

Cambridge, MA - November 22nd, 2021 – NSR’s newly released Big Data Analytics via Satellite, 5^th Edition (BDvS5) report sees EO and M2M/IoT Satcom Big Data applications driving Big Data market revenues to over US$ 22.1 Billion through next decade. As value chain evolution ramps up opportunity across the Big Data Market, nascent markets rapidly adapting to new standards propel Big Data adoption across multiple regions.