Market Trends

Dublin, Ireland, August  3, 2022--The airborne SATCOM market is estimated to be US$ 5.4 billion in 2022 and is projected to reach US$ 7.3 billion by 2027, at a CAGR of 6.5% from 2022 to 2027. Growth of this market can be attributed to increased adoption of SATCOM transceivers, Increasing aircraft deliveries and growing demand for customized SATCOM on the move solutions according to a new report by Research and Markets.

Paris, France, July 14, 2022--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 8th edition, anticipates that about 18,500 smallsats will be launched over 2022-2031, representing about 365 tons per year, i.e., one ton per day to be launched on average over the next ten years. However, the smallsat market presents a growing number of challenges such as high inflation, limited market addressability, difficult profitability, oversupply risk and concentration of the market by a handful of established players.

London, UK, July 14, 2022--The aviation industry is exploring a number of longer-term solutions to meet its commitment for net zero emissions by 2050, including a transition from fossil fuels. However, a new whitepaper by Inmarsat and award-winning aviation journalist Elan Head highlights that the number of practical, immediately-viable options is limited to only two: either simply reduce flying or optimize the efficiency of flight operations.

Cambridge, Mass. July 1, 2022 - NSR’s Maritime Satcom Markets, 10^th Edition report finds Satellite Constellations from the likes of SES mPower, Starlink, OneWeb, Telesat Lightspeed, and more, poised to start a new era for maritime satellite connectivity. The revolution of low latency satellite constellations is underway, and their entrance into the Maritime market will have a profound impact on both uptake and revenue. 

Cambridge, Mass., June 21, 2022-- NSR’s Global Satellite Manufacturing and Launch Markets, 12^th Edition sees global satellite manufacturing and launch market positioned to generate $633B through the next decade. Primarily driven by non-GEO constellations, 33,000+ satellites are projected to be manufactured and launched by 2031.  With over 150 satellite constellations in various phases of funding and development, this segment is critical to the revenue picture for manufacturing & launch markets.

New York City, NY, June 15, 2022--The  World Teleport Association (WTA) released its latest research report entitled "Pros and Cons of the LEO Gateway Business."  In this report, WTA examines how the explosive wave of growth in LEO constellations for broadband and Earth observation has given rise to unexpected demand for communication gateways around the world.

Paris, France, June 2, 2022–A new report has explored the current and future supply and use of the extended C-Band, the planned C-Band and the 7025-7075 Mhz Band for satellite services (available in full on the Euroconsult website). It has considered for each band the uplink and downlink frequencies, including the frequency bands 3400-3700 and 6425-6725 MHz (‘extended C-band’), 4500-4800 and 6725-7025 MHz (‘planned C-band’) and 7025-7075 MHz.

Paris, France, May 18, 2022– A nascent but growing set of on-orbit space services, to be articulated as a space logistic ecosystem from launch to satellites’ end of life, are being developed by more than 50 companies. According to Euroconsult’s 1st edition of Space Logistic Markets report, this diverse set of on-orbit services is expected to generate US$ 4.4 billion by 2031.

London, UK, May 13, 2022--AVOD revenues for TV series and movies will reach US $70 billion in 2027, up from US$ 33 billion in 2021. 13 of the 138 countries covered will generate more than $1 billion in 2027, up from only five countries in 2021 according to Digital TV Research.

Cambridge, Mass.,  May 5, 2022--In its 10^th year, NSR’s landmark Land Mobile via Satellite (LMvS10) report finds a significant revenue migration underway from narrowband to broadband applications. Though currently dominated by narrowband services, connected vehicles and High Throughput Satellite (HTS) Comms on the Pause (COTP) services are positioned as the fastest growing satellite land mobile sector markets through the decade.