Market Trends

New York City, NY – January 21, 2021--The World Teleport Association (WTA) today released The Virtual Teleport, a new research report that examines the growing adoption and impact of virtualization on the teleport and satellite sector. The report explores the extent to which teleport operators have embraced virtualization, its benefits, the barriers and challenges it presents, the opportunities it creates, and what the future might hold. The Virtual Teleport was sponsored by Kratos.

by Mayank Halmare

Pune, India, January 15, 2021--According to Allied Market Research, the global satellite data services market was valued at US$ 5.52 billion, growing at a CAGR of around 19.1% during the forecast period (2020-2027). Satellite data is the process of collecting information about earth through manmade satellites traveling around the earth’s orbit. The most common use ofsatellite data is earth observation.

Paris, France, January 5, 2021–In its latest research product “The Space Economy Report 2020", Euroconsult estimates that the consolidated space economy, including both government space investments, as well as commercial space, totaled US$ 385 billion in 2020, a record amount. Commercial revenues of US$ 315 billion in 2020 were down 2% from 2019’s US$ 319 billion evaluation, due partially to the Covid-19 pandemic affecting certain commercial markets - in particular satellite communication sub-segments focused on high mobility such as, aero, maritime, offshore oil and gas, though other factors, such as video-related revenues continuing their pre-Covid downward trend contributed to the decrease.

Hampshire, UK, January 4, 2021--A new report by has found that there will be nearly 2 billion active subscriptions to on-demand video services in 2025; a 65% increase over the end of 2020. The primary engine for this growth will be from traditional broadcasters, who are increasingly turning to streaming services in order to extend their reach and compete with online video giants such as Netflix and Amazon Prime Video.

Dublin, Ireland, December 17, 2020--Research and Markets has been monitoring the machine to machine (M2M) services market and it is poised to grow by US$ 131.33 Billion during 2020-2024 progressing at a CAGR of 31% during the forecast period. The report on machine to machine (M2M) services market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

Paris, France, December 15, 2020–Amid a tumultuous year for the global economy, government space program budgets maintained their growth trajectories for a fifth consecutive year. Following a period of strong budget tensions between 2010 and 2015, government space sector spending reached its highest recorded point in 2020 according to Euroconsult’s latest “Government Space Programs: Benchmarks, Profiles & Forecasts to 2029” flagship research. With Covid-19 having no noticeable impact on government space budgets, the pandemic having occurred with budgets largely already decided, it remains however to be seen, whether governments can sustain these historic budget levels in the future.  

Dublin, Ireland, December 15, 2020--TThe Global Airborne SATCOM market accounted for US$ 5.51 billion in 2018 and is expected to reach US$ 9.80 billion by 2027 growing at a CAGR of 6.6% during the forecast period according to new research from 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.

Paris, France, December 9, 2020 – In its latest analysis of satellite manufacturing and launch services, “Satellites to be Built and Launched by 2029", Euroconsult anticipates almost a quintupling in satellite demand in the next decade with an average of 1,250 satellites to be launched on a yearly basis. In comparison to the 260 yearly satellites launched in the previous decade, this skyrocketing number cements the structural changes occurring in the market and the industry, not only in the number of satellites but also in terms of satellite missions and operators, both governmental and commercial.

Cambridge, Mass., December 9, 2020--NSR’s VSAT and Broadband Satellite Markets 19th Edition report, released today, finds a resilient market, despite near term COVID-19 challenges and changing Key Performance Indicators.  Limited growth is underway in 2020, and the market remains poised to emerge from the pandemic on a heightened growth path. Cumulative service revenue will grow at 15% CAGR, with US$ 198 Billion in total revenues by 2029, whereas equipment revenue is estimated to grow at 14% CAGR with $20 Billion in revenues, during 2019-2029.

New York City, NY, December 2, 2020-- The World Teleport Association (WTA) today released Teleports and the 5G Opportunity, a new research report that explores market trends in 4G and 5G, the technology and operational requirements for competing in 5G and how meaningful the opportunity for teleport and satellite operators appears to be now and in the coming year.