Market Trends

Dublin, Ireland, November 2, 2021--The Satellite Communication (SATCOM) Equipment Market is projected to grow from US$ 22.0 billion in 2021 to US$ 53.7 billion by 2026, at a CAGR of 19.6%. SATCOM equipment is an integral part of the communication in commercial and defense industries according to new research from Research and Markets.

Paris, France, November 1, 2021-- Euroconsult's flagship report, Satellite Connectivity & Video Market is now available. The report provides an in-depth analysis of the satellite communication sector, particularly regarding the use of commercial satellite capacity. This publication includes historic figures and 10-year forecasts for capacity supply, capacity leased, capacity revenue and the cost of capacity per unit.

Dublin, Ireland, November 1, 2021--According to new research from Research and Markets entitled “Global 5G Satellite Communication Market Analysis, 2021, the market is likely to grow at a CAGR of around 28.91% during 2021-26. It owes to the significant changes in the consumer demand for better and improved bandwidth, seamless connectivity, and low latency. Additionally, high-speed internet connectivity and enhanced safety measures to support multiple end-user industries like aviation, transportation & logistics, consumer electronics, energy & utilities, and heavy industries are also crucial factors further propelling the market growth.

by Prateek Yadav

Pune, India, October 10, 2021--The satellite-based earth observation satellite industry has evolved significantly in the past decade. Particularly, the supply side has seen novel technologies and new systems being carried into operation. In addition to the impact of cloud, the satellite-based earth observation industry finds itself at the junction of two revolutions, the one of one of commercialization of space and the Big Data coupled with artificial intelligence.

Gothenburg, Sweden, October 8, 2021--: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. Despite the impact of the COVID-19 pandemic, the global satellite IoT subscriber base grew to surpass 3.4 million in 2020. The number of satellite IoT subscribers will increase at a compound annual growth rate (CAGR) of 35.8 percent to reach 15.7 million units in 2025.

London, UK, October 7, 2021--Global SVOD subscriptions will increase by 491 million between 2021 and 2026 to reach 1.64 Billion according to a new study by Digital TV Research . China and the US will together account for 49% of the global total by 2026, down from 56% in 2021.

Cambridge, Mass, October 5, 2021- NSR’s Satellite-Based Earth Observation, 13^th Edition (EO13), report launched today, finds multiple trends converging to achieve a longstanding industry goal, an open EO market. Driven by Gov/Mil customers and rapidly growing commercial demand, derived EO data products present a US$ 73 Billion opportunity, as new business models push ground segment evolution boosting revenues.

Strasbourg, France, October 1, 2021--A new report by Orbofleet’s entitled ‘Global Non-Geostationary (NGSO) Satellite Communications Market’ has found potential US$300 Billion opportunities across multiple market verticals between 2021-2035. The 2021 edition report taps onto the most significant and promising markets that are set to flourish with the growth of satellite broadband connectivity. It also provides a detailed insights into the market drivers, investment landscape, emerging technologies, and the key amplifiers of the upstream market segment.

London, UK, September 23, 2021--New research by Inmarsat reveals a rapid increase in the maturity level of organizations adopting the industrial Internet of Things (IoT) since the start of the Covid-19 pandemic. Respondents drawn from multiple industries also reported that Covid-19 has demonstrated the importance of IoT to their businesses, with many accelerating IoT deployments in response to the pandemic.

Paris, France, September 22, 2021–In its flagship report on the Satellite Connectivity and Video Market, leading international consulting and market intelligence firm, Euroconsult projects the market value to double between 2020 to 2030. Driven primarily by non-geostationary orbit (NGSO) satellite constellations, by 2030, the satellite connectivity and video market is projected to exceed US$ 20 billion. NGSO capacity accounts for more than 75 percent of the projected market growth in the next decade.