Market Trends

Singapore, May 5, 2021–At the Asia Video Industry Association’s (AVIA) recent Future of Video India conference, industry leaders remained upbeat on the potential for growth despite a painful 2020 which had seen a 25% drop in TV advertising revenue. The conference opened with an overview of the Future of Video in India with Mihir Shah, VP, India, at Media Partners Asia (MPA).

London, UK, May 3, 2021--Digital TV Research forecasts 15 million more pay TV subscribers between 2020 and 2026 to take the global total to 1.02 billion. Between 2020 and 2026, 92 countries will add pay TV subscribers and 46 countries will lose subscribers.

Paris, France, April 27, 2021–In its latest report, titled Prospects for Maritime Satellite Communications,” Euroconsult, the world’s leading authority on space and satellite-based applications markets, quantifies the heavy impact of the Covid-19 pandemic on satellite services for the maritime market. With in depth detail on maritime communications market dynamics today and over the next ten years, the research highlights coming opportunities for consolidation and how non-geostationary orbit (NGSO) satellite constellations will change the playing field.

London, April 26, 2021--Global revenues from OTT TV episode and movies will reach US$ 210 billion in 2026; up from US$ 106 billion on 2020 according to new research from Digital TV research. About US$ 23 billion will be added in 2021 alone.

Cambridge, MA - April 21, 2021 – NSR’s Moon Markets Analysis report, launched today, forecasts 140 Moon Missions launching over the next decade to generate US$ 42.3 Billion. As budget announcements with approved appropriations roll out and the ARTEMIS program commits to the first woman, and next man, on the moon by 2024, the major growth areas include orbital and surface infrastructure building.

Singapore, April 20, 2021--A new study sponsored by Inmarsat offers the most comprehensive overview ever of Singapore’s vibrant maritime start-up sector. The Trade 2.0 Singapore Maritime Start-up and Innovation Ecosystem Report, published through the Inmarsat Research Program, is the second country-specific study of start-ups and their impact on maritime digitalisation. 

New York City, NY, April 15, 2021– The World Teleport Association (WTA) today released Coming Out of COVID-19, a new research report that explores the widespread impact that COVID-19 had on satellite and teleport operators around the globe. The report examines the similar and disparate ways technology companies addressed the pandemic with new policies for both internal operations and relations with new and existing customers. It also explores how these companies see the light at the end of the tunnel: what comes after COVID, and how is the industry preparing for it? Coming Out of COVID-19 was sponsored by Telstra.

Dublin, Ireland, April 14, 2021--Amid the COVID-19 crisis, the global market for Minisatellites estimated at US$12 Billion by 2027, growing at a CAGR of 25.5% over the analysis period 2020-2027 according to Research and Markets. Communication, one of the segments analyzed in the report, is projected to record a 26% CAGR and reach US$24 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Remote Sensing segment is readjusted to a revised 28.5% CAGR for the next 7-year period.

Cambridge, Mass., April 12, 2021– NSR’s Wireless Backhaul via Satellite, 15^th Edition report, released today, forecasts $25 billion in annual revenue in 2030 for satellite backhaul, propelled by explosive connectivity demand worldwide and post-COVID-19 recovery in the near term. As it is a core target of virtually every current and new satellite capacity provider, NSR expects Satellite Backhaul to represent one of the largest revenue opportunities for satcom over the next decade.

Paris, France, April 8, 2021--The latest update of “Prospects for the Small Satellite Market” was released this week by Euroconsult, forecasting further growth in the global supply and demand of government, commercial and academic satellites weighing up to 500 kg. The market intelligence report, now in its 7th edition, builds upon Euroconsult’s previous iteration that accurately predicted more than 1,000 satellites would be launched during 2020, a record year despite COVID-19. The new release further reinforces the sentiment that the 2020s will be the decade of small satellites, anticipating the launch of close to 14,000 smallsats before 2030.