Market Trends

Paris, France, October 2, 2023 - Lunar exploration is the catalyst behind an unprecedented surge in the space exploration sector which saw global government investment rise to an impressive US$ 26 billion during 2023. Ambitious lunar missions are projected to boost investment to nearly US$ 33 billion by 2032, a growth trajectory which underscores lunar exploration's pivotal role in shaping the future of space exploration. The figures are revealed in the just published fourth edition of Euroconsult's 'Prospects for Space Exploration' report.

New York City, September 26, 2023 – Space & Satellite Professionals International (SSPI) today released Flying Higher, its newest video in the Better Satellite World campaign. It explores the unique capabilities that GEO orbit satellites bring to the world every day. Flying Higher is made possible by funding from Hughes.

Hampshire, UK, September 18, 2023 - New research from Juniper Research, the foremost experts in telecommunications markets, has found that operators will generate US$ 17 billion of additional revenue from 3GPP (Third-generation Partnership Project)‑compliant 5G satellite networks between 2024 and 2030.

MarketBrief Report on Teleports sponsored by K-NET

Teleports: The Future is Here Now by Virgil Labrador

Interview with Richard K. Hlomador, Founder and Chief Network Architect, K-NET

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

Gothenburg, Sweden, September 1, 2023--According to a new research report from specialist IoT analyst firm Berg Insight, the global satellite IoT communications market is growing at a good steady pace. The global satellite IoT subscriber base grew to surpass 4.5 million in 2022. The number of satellite IoT subscribers will increase at a compound annual growth rate (CAGR) of 39.6 percent to reach 23.9 million units in 2027.

Dublin, Ireland, August 17, 2023--The global satellite communication market is projected to reach US$159.60 billion by 2030, growing at a CAGR of 9.7% from 2023 to 2030 according to new research from Research and Markets..  A surge in the demand for satellite broadband services, particularly in remote and underserved areas is a significant factor contributing to the growth of the market.

Bristol, UK,  August 1, 2023 - This latest forecast from Rethink TV is examining the adoption timeline for codecs in the media and entertainment landscape, focusing on the arrival of VVC, AV1, and eventually AV2. As well as the expected timeline, it charts the expected royalty revenues generated by the patent pools that have formed around these video compression tools, which we expect to reach US $2.4 billion in 2030.

Paris, France, August 1, 2023 - Mobile data usage continues to grow, but at a slower pace, according to new OECD broadband portal data released on 13 July. Data usage per mobile broadband subscription in OECD countries grew 17% in 2022, compared to an average annual growth rate of 29% between 2017 and 2021. Nonetheless, the volume of mobile data usage overall per subscription has doubled in four years, from 4.7 gigabytes per month to 10.4 GB in 2022.

Fremont, Calif., July 18, 2023 -- AERKOMM Inc., a leading US-based space technology company, is pleased to announce its expansion of operations in Taiwan and ongoing discussions regarding a potential merger between its subsidiary, AERKOMM Taiwan Inc., and EJECTT Inc. (3089.TWO). This strategic move aims to seize opportunities in the growing satellite business sector and reinforce AERKOMM's position in the global satellite market.

Stockholm, Sweden, June 21, 2023--During the first quarter of 2023, total 5G subscriptions reached 1.1 billion, adding 125 million and projected to reach 1.5 by the end of 2023 according to  the latest Ericsson Mobility Report.