Market Trends

MarketBrief Report on the Military Satellite Market sponsored by ST Engineering iDirect

A summary of the key trends and satellite solutions for the military market.  Featuring:

Military Satellite Report  by Elisabeth Tweedie

Interview with Koen Willems, Head of International Government and Defense Strategy, ST Engineering iDirect

Case Study on Building a Defense VSAT Network for the Egyptian MoD

Product Spotlight: ST Engineering iDirect's Evolution^® Defense

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

by Elisabeth Tweedie

London, UK, November 6, 2020--Governments and militaries around the world rely on satellite communications, for defense:  Intelligence, Surveillance and Reconnaissance (ISR) and for Morale, Welfare and Recreation (MWR).  The US Department of Defense (DoD) alone, is the largest user of satellite capacity in the world.  Usage is split between MILSATCOM (military) and COMSATCOM (commercial) satellites.  In recent years usage of commercial capacity has been growing, and NSR is predicting a CAGR of almost 32% over a ten-year period to 2028, rising from consumption of 30 Gbps in 2018 to 480 Gbps in 2028.  Bulk leasing will account for almost 40% of that capacity by 2028.  

Dublin, Ireland, Nov 3, 2020--New research from 360 Market Updates forecast that the military satellite market to grow at a CAGR of 6% through 2025. Global “Military Satellite Market” Report 2020 - 2024. The report provides complete company profiles covering the product offerings, key financial information, current developments, SWOT analysis and strategies employed by the major military satellite market players.

New York City, NY, November 3, 2020--The World Teleport Association (WTA) today released Inside the Top Operators, an annual report on growth, pricing changes, the state of competition and how leading teleport operators are responding to the trends.

by Virgil Labrador, Editor-in-Chief

Los Angeles, Calif., November 3, 2020--The commercial and military satellite market is expected to grow at a Compounded Annual Growth Rate (CAGR) of 76.6% a cumulative US $195.11 billion over the period 2020-2028 according to Research and Markets. 

Cambridge, Mass., October 27, 2020 – NSR’s 5G via Satellite: Impacts, Demand and Revenue Potential to 2029 report, released today, forecasts deep 5G impact in the satellite ecosystem with close to 10 Million active units by 2029. Beyond the obvious use cases, like Cellular Backhaul and Trunking, a wide spectrum of applications will experience accelerated demand from 5G, including IoT, Private 5G for Corporate Networks, Mobility or even more conservative users like Goverment/Military.

Paris, France,  October 22, 2020–In its research report, “Earth Observation Data & Services Market,” Euroconsult provides in-depth analysis of Earth Observation (EO) satellite systems, commercial EO data, and the value-added services that contribute to the sector. With a global market projected to reach $8 billion by 2029, growth is expected to be driven by a mix of defense and new commercial markets, supported by the arrival of new constellation operators with low-cost solutions.

Paris, France, October 20, 2020 – For its latest research titled, “EO4AG - Earth Observation for Agriculture”, Euroconsult has teamed up with TerraMetric, a US-based, global business development firm focused on geospatial and new space markets, to provide an in-depth analysis on the global trends, vertical integration opportunities and regional demand forecasted for Earth observation-based services and products addressing the agriculture sector. The two companies forecast that by 2029, the total agricultural market is expected to double in value to reach over $815 million. While government-driven sales are foreseen to remain significant, the uptake of precision agriculture solutions within the private sector due to expected near-global broadband coverage is expected to be the main catalyst behind this anticipated market growth.

Manila, Philippines, October 15, 2020–A new study of the online content viewing behaviour of Filipino consumers, has found that 49% access streaming piracy websites or torrent sites. The levels of piracy went as high as 53% within the 25-34 age demographic. The survey commissioned by the Asia Video Industry Association’s Coalition Against Piracy (CAP) and conducted by YouGov, found that 47% of consumers who accessed piracy sites cancelled their subscriptions to both local and international content services.

Oyster Bay, NY, Oct 13, 2020--Worldwide pay-TV market growth has slowed over the past few years due to the shift from video consumption to online streaming. The COVID-19 pandemic is further accelerating the cord cutting trend, resulting in higher pay-TV churn in many markets.  Global tech market advisory firm, ABI Research, forecasts that the worldwide pay-TV market will see a slight decline from 2019 to reach a 1.07 billion subscriber base in 2020.