Market Trends

Fremont, Calif., February 1, 2021--Increasing demands for faster, more efficient and more reliable ways to manage connected devices will make 2021 the year of service and device lifecycle management, according to open broadband standards development organization, the Broadband Forum. Broadband Forum’s User Services Platform (USP) standard offers related data models and the communication protocol to master such needs. 

Cambridge, Mass., February 1, 2021--NSR’s In-Orbit Servicing & Space Situational Awareness Markets, 4^th Edition (IOSM4) report, released today, forecasts In-Orbit Satellite services (IoS) cumulative revenues of US$ 6.2 billion by 2030. While growth is anticipated across all applications, GEO Satellite Life Extension is expected to generate the largest portion of revenues due to the sheer number of satellites expected to use this service.

Campbell, Calif., Jan. 27, 2021--Mobile Experts just released a new Expert INSIGHT investigating mobile network options for the uncovered billions that need improved remote coverage and low cost. Will satellites be the answer? Or terrestrial networks be extended farther into rural areas?

Colorado Springs, Colo., January 21, 2021—In its newly released quarterly issue of The Space Report, Space Foundation, a 501(c)(3) global space advocate for nearly 40 years, announced 2020 Q4 research and analysis findings revealing substantial growth in key areas. Driven by the pace of SpaceX and OneWeb, as the two companies build out their low Earth orbit (LEO) broadband constellation networks, communications satellite deployments in 2020 climbed 477% compared to 2019.

Boston, Mass., January 21, 2021 – Distance and physical barriers are hampering data transmission to remote locations, but new technologies are evolving to break down these barriers. In its newest report, “Innovating Remote Connectivity,” Lux Research, a leading provider of tech-enabled research and advisory services, analyzes evolving technologies and their suitability for key industries that require remote solutions.

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.

London, UK, January 20, 2021--Pay TV revenues for the 20 countries in the Middle East and North Africa region fell by 14% between 2016 and 2020 to $2.74 billion. Revenues will continue to fall slowly - to $2.52 billion in 2026 according to Digital TV Research. The 2026 revenues will be 23% lower than 2016.

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.

Singapore, January 11, 2021--Media Partners Asia (MPA) announced today that the Asia Pacific online video industry grew revenue by 14% Y/Y in 2020 to reach US$30.5 billion, according to the new report Asia Pacific Online Video & Broadband Distribution 2021 published by MPA. SVOD overtook AVOD to contribute 53% of total revenues; AVOD contributed 47%. Total online video revenues are projected to grow at a CAGR of 12% to reach US$54.5 bil. by 2025, with SVOD contributing 57% and advertising, 43%.

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.