Market Trends

Addison. Tex., July 9, 2024 - Parks Associates today announced the launch of its new Broadband Market Tracker, an annual research subscription service that profiles more than 25 market leaders in the US and Canadian residential internet service markets. The Broadband Market Tracker delivers quarterly reports that analyze market trends, profile market leaders, and provide estimates for residential internet subscribers and revenues for the North American market.

Paris, France, July 7, 2024 – The maritime satellite communication market experienced significant growth in 2023, primarily driven by Starlink's disruptive entry into the market following the official launch of its maritime service, which has rapidly gained traction and boosted the number of VSAT-equipped vessels according to Novaspace.

Dallas, Tex., July 2, 2024 - A new report  titled “High Throughput Satellite Market Size" from Adroit Research revelaed that the High Throughput Satellite Market will be worth US$ 58.5 Billion in 2032 at  CAGR of 20.17%.

Dallas, Tex., July 1, 2024 - A new report entitled “Satellite Modem Market Size"  by Adroit Market Research, revelaed that  the size of the satellite modem market is expected to be worth US$1,004.4 Million in 2028, growing at a CAGR of 14.4% from 2022 to 2028.

MarketBrief report on Innovations in Satellite Services sponsored by iKO Media Group

Featuring:

 Innovations in Satellite Services  by Virgil Labrador

Interview with David Treadway, Chairman of the Board, iKO Media Group

To read or download the pdf of full report click here

New York, NY, June 11, 2024 – The World Teleport Association (WTA) today released The Year of the NGSOs, a new research report that explores how the teleport business model will continue to adapt to a market of verticalized, multi-orbit connectivity and the technology innovations that can extend their competitive advantage in a changing ecosystem.

Paris, France, June 6, 2024 – Space consulting and market intelligence firm Novaspace, born from the recent merger between Euroconsult and SpaceTec Partners,  finds that space safety and sustainability concerns are driving cautious interest for In-Orbit Services and commercial Space Situational Awareness in its latest Space Logistics Markets report and projects around US$ 4.6 Billion in commercial revenue over the decade.

Basingstoke, UK, June 4, 2024 - A new study by Juniper Research, the foremost experts in Internet of Things (IoT) markets, has found that investment by space vendors and agencies in space-based solar energy will grow from US$ 370 million in 2024 to US$ 1.9 billion in 2029.

by Elisabeth Tweedie

Dubai, UAE, May 20, 2024--Looking at recent developments in the satellite market in the Middle East, two words spring to mind: growth and partnerships.  In a white paper “Beyond the Stars,” written for the Sultanate of Oman, Novaspace (formerly Euroconsult)describes the Middle East as a “global hotspot for space activities.”  The space economy in the region has tripled in the last decade to an estimated value of US$ 25 billion in 2023, and is expected to reach US$ 75 billion by 2032. 

New York City, NY, May 1, 2024 - The satellite Internet of Things (IoT) market is transforming remarkably, driven by technological advancements and an ever-increasing demand for global connectivity. As the world becomes more interconnected, the limitations of terrestrial networks become apparent, particularly in remote and underserved regions. This is where satellite IoT steps in, bridging the gap with its ability to provide widespread, reliable connectivity across the globe. Global technology intelligence firm ABI Research forecasts the market to surge past the US$4 billion mark by 2030, signaling significant growth potential in the market.