Market Trends

SVOD Subscriptions to Grow by 321 million

London, UK, December 1, 2023--Global SVOD subscriptions will increase by 321 million between 2023 and 2029 to reach 1.79 billion – showing continued growth. The US will add 30 million subscriptions, following by Brazil (up by 23 million) and India (27 million) according to a new report by Digital TV Research.

Direct-to-phone Satellite Connectivity Expected to Revolutionize the Satellite Communications Industry, Emerging as a Billion-dollar Market by 2027

Paris, France, December 1, 2023--The latest edition of Euroconsult's 'Prospects for Direct to Handheld and IoT Markets' unveils the developing potential of the satellite direct-to-device market, with projections indicating that direct-to-phone services could connect nearly 130 million average monthly users by 2032.

Global Market for Commercial Earth Observation Data and Services to Reach US$ 7.6 billion by 2032

Paris, France, November 30, 2023--As global economic landscapes continue to navigate challenges posed by inflation, geopolitical tensions, and the residual effects of pandemic-related disruptions, the Earth Observation (EO) market is undergoing a transformative phase, reflecting both setbacks and opportunities for industry players worldwide.

The unstoppable rise of Social Media Video 2023-2028

Bristol, UK., November 1, 2023 - The past decade has seen Social Media platforms completely transform from communication tools, with sprinklings of entertainment, into fully-fledged entertainment hubs. Rethink TV believes this transition is still in its early days, meaning that Social Media is a key player in the power vacuum that is following the decline of Pay TV where, too often, the SVoD, AVoD and FAST branches of Long-form OTT are considered to be the only contenders.

FAST Revenues to Reach US$ 17 billion

Middlesex UK, October 12, 2023 - Global Free Advertising Supported TV (FAST) revenues for TV series and movies will reach US$ 17 billion in 2029, up from $8 billion in 2023. The US will contribute 38% to the 2029 total; down from 56% in 2023 according to Digital TV Research.

Lunar Ambitions Boost Space Exploration Funding as Investment Set to Reach US$ 33 billion by 2032

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 Better Satellite World Video from SSPI Explores the Enduring and Still Increasing Value of GEO in the Modern Satellite Landscape

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.

5G Satellite Networks to Generate Additional $17bn of Revenue for Operators over Next Seven Years

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.

Asia Pacific OTT revenues to Grow by $15 billion

Middlesex, UK, September 6, 2023--Asia Pacific OTT TV episodes and movie revenues will reach US$ 49 billion in 2029; up from the US$ 34 billion recorded in 2023. This comes despite China, the world’s second largest market, maturing rapidly and India experiencing SVOD shake-up.