Market Trends

Paris, France, July 25, 2019 — According to Euroconsult's newly released research, Government Space Programs: Benchmarks, Profiles & Forecasts to 2028, global government space budgets are in the early stages of a ten year growth cycle with total world expenditures reaching US$ 70.9 billion in 2018, and forecasted to grow to US$ 84.6 billion by 2025.

Dublin, Ireland, July 19, 2019 — Increased demand for communications, high-speed internet, and global connectivity is expected to fuel the growth of the SATCOM equipment market for space across the globe according to a report by Research and Markets. By end-user, the commercial segment is estimated to grow at the highest CAGR during the forecast period. The growth of this segment can be attributed to the increased launch of satellites to cater to the demand for communications, earth observation, and navigation.

Cheseaux, Switzerland, July 17, 2019— NAGRA, a Kudelski Group (SIX:KUD.S) company and an independent provider of content protection and multiscreen television solutions, in partnership with MTM, a leading international research and strategy consultancy, today published “The Global Market for Premium Sports OTT Services,” a special report on the growth of sports OTT services around the world and its impact on traditional pay-TV service providers.

Addison, Tex., July 17, 2019 — Parks Associates research forecasts that in 2019, OTT and pay-TV companies will see $9.1 billion in lost revenue due to piracy and account sharing. 360 Deep Dive: Account Sharing and Digital Piracy reports this number will grow to US$ 12.5 billion in 2024, a growth rate of 38%. Currently 27% of US broadband households engage in some form of piracy or account sharing.

Cambridge, Mass., July 17, 2019 — NSR’s Satellite Manufacturing and Launch Services, 9th Edition (SMLS9) report, published today forecasts a US$225 Billion market opportunity over the next decade, driven by Situational Awareness and Earth Observation markets.

Los Angeles, Calif., July 11, 2019--Manatt, Phelps & Phillips, LLP, a multidisciplinary, integrated professional services firm, and digital media consulting company, Vorhaus Advisors, today released their inaugural Digital Strategy Study, which analyzes the state of media and content consumption. Through a comprehensive consumer survey focusing on topics including connected TV, subscription video on demand (SVOD), mobile and esports, the report identifies a number of key trends that illustrate how consumers are interacting with technology to consume digital content, including:

Cambridge, MA, July 10, 2019 — NSR’s Maritime Satcom Markets, 7th Edition report, published recently, forecasts VSAT-enabled Maritime vessels to grow from over 20,000 vessels in 2018 to over 75,000 by 2028. Generating almost US $42 billion in cumulative revenues between 2018 – 2028, the Maritime satcom connectivity market has never looked more promising.

Hertfordshire, UK, July 9, 2019 — Worldwide TV shipments are riding high, ending 2018 with the strongest growth rate this decade, with value up by 6%, according to a new market report from Futuresource Consulting. The report also reveals that 8K shipments, despite major obstacles, will grow considerably from 0.2 million units in 2019, with 130% CAGR through to 2023, as brands get behind the technology.

Bristol, UK, July 9, 2019--The global market for IoT-focused satellite services, focused on end-device connectivity hardware and the annual connectivity fees charged, will grow to US$ 5.9 Billion in 2025, after taking off in the 2021-2022 period. Incumbent satellite providers will be pressured by a new wave of startups that are leveraging the recent advances in smaller satellite technologies, but many of these new entrants are going to strike out or be absorbed by their larger and entrenched rivals.

New York, NY, July 8, 2019  — As worldwide TV household penetration is quite saturated, the flat panel TV market has been driven by consumer adoption of TVs with higher resolution, larger screen size, and connected and integrated applications and services.  While flat panel TV makers have announced 8K TV sets, it is the 4K TV market that will continue to grow to cement its place as the mainstream TV format over the next few years. ABI Research, a global tech market advisory firm, forecasts that 4K flat panel TV shipments will grow at 13% CAGR to reach 233 million in 2024.