Market Trends

Lux Research Predicts Autonomous Vehicle Market to Be a US$ 50 Billion Opportunity by 2040

Boston, Mass., March 25, 2021–Few mobility technologies hold as much disruptive potential as autonomous vehicles (AVs). Despite having applications in logistics, robotaxis, and personally owned vehicles, AVs have remained on the cusp of transforming the automotive space. The commercialization of self-driving cars would be the biggest technological advancement of the auto industry.

NSR Report: Space Investments in 2020 Hit US$ 7.7 Bil. in Record Year

Cambridge, Mass., March 23,  2021--NSR’s Emerging Space Investment Analysis, 3rd Edition report (ESIA3) released today, shows US$ 7.7 Billion in funding was raised in 2020 alone, bringing the total since 2000 to nearly US$ 36 Billion. “2020 was definitely a record year for space investment, with M&As, exits, and new rounds closing as we witnessed more enthusiasm and optimism in the prospect for the Space market” states Shivaprakash Muruganandham, NSR Senior Analyst and report lead author.

Commercial Satellite Imaging Market is Expected to reach $5.25 Bil. by 2026

Khandwa, India, March 22, 2021--According to a new report published by Trends Market Research entitled, "Commercial Satellite Imaging Market by Application, End User, and Region: Global Opportunity Analysis and Industry Forecast, 2019-2026," The global commercial satellite imaging market was valued at US$ 2.24 Billion in 2018, and is expected to reach US$ 5,25 Billion by 2026, registering a CAGR of 11.2% from 2019 to 2026.

Small Satellite Market Projected to Generate US$ 15,68 Billion by 2026-TMR

Khandwa, India, March 15, 2021--According to a new report published by Trends Market Research  (TMR) entitled, "Small Satellite Market by Type, Application, and End-User: Global Opportunity Analysis and Industry Forecast, 2019-2026," the small satellite market accounted for revenue of $3.63 Billion in 2018 and is anticipated to generate $15.68 Billion by 2026. The market is projected to experience growth at a CAGR of 20.1% from 2019 to 2026.

New NSR Report Projects US$ 1 Trillion+ in Cumulative Revenue for Global Space & Satellite Markets

Cambridge, Mass., March 10, 2021 – The new NSR Global Space Economy report, launched today, finds a cumulative space and satellite market revenue opportunity of more than $1 Trillion between 2019 and 2029. There is an expanding need for space-based services to satisfy needs in orbit and on earth fueled by expanding requirements for everything from space-enabled Big Data Analytics missions, to commercial crew missions to the ISS, to “classical” connectivity use-cases.

Global Satellite Modem Market to Reach US$ 441.7 Million by 2027

Dublin, Ireland, March 5, 2021--Amid the COVID-19 crisis, the global market for satellite modems is estimated at US $323.3 Million in the year 2020 and is projected to reach a revised size of US$441.7 Million by 2027, growing at a CAGR of 4.6% over the period 2020-2027 according to Research and Markets.

Major US Pay-TV Providers Lost More than 5 Million Subscribers in 2020

Durham, NH, March 4, 2021 — Leichtman Research Group, Inc. (LRG) found that the largest pay-TV providers in the U.S. – representing about 95% of the market – lost about 5,120,000 net video subscribers in 2020, compared to a pro forma net loss of about 4,795,000 in 2019. 

Global Satellite Connectivity Market to Reach US$ 84.88 Bil. by 2027

Dublin, Ireland, March 1, 2021--The satellite connectivity industry analysis projects the market to have significant growth of CAGR of 13.09% based on the values during the forecast period from 2020 to 2027 according to new research from Research and Markets. The market is projected to reach US$ 84.88 Bil. by 2027.

North American OTT TV Revenues to Double

London, UK, March 1, 2021--North American OTT TV episode and movie revenues will reach US$ 94 billion in 2026; nearly twice as much as the US$ 49 billion in 2020 according to Digital TV Research. The US - the world’s most mature market - will increase by US$ 42 billion to US$ 88 billion. Canada will double to US$ 5.4 billion.

North American Pay TV Subscriber Losses to Slow

London, UK, February 22, 2021--The number of pay TV subscribers in Canada and the US will fall by 43 million from 116 million in the peak year of 2010 to 74 million in 2026. The US will lose 41 million, with Canada down by nearly 2 million according to new research from Digital TV Research.