Market Trends

Cambridge, Mass., November 10, 2021 – NSR’s newly released Government and Military Satellite Communications, 18^th Edition report finds that despite COVID-19, troop drawdowns in the Middle East and ongoing pricing compression, demand for connectivity will continue to grow in the long term. At over US$ 6.6 Billion in revenue in 2020 – the market was at the tail end of its growth phase and is now entering a short-medium term shaped by many factors.  

Cambridge, Mass.,November 3, 2021 – NSR’s Satellite Industry Financial Analysis, 11^th Edition report, launched today, projects the global satcom industry contracted by 2.3% in FY2020 to USD $13.4 Billion. While continuing sector trends such as a weakening DTH sector and COVID-19 impacts on aeronautical and maritime markets drove declines, enhanced revenue from spectrum leases, consumer broadband, backhaul and government services point to growth potential on the horizon.

Dublin, Ireland, November 2, 2021--The Satellite Communication (SATCOM) Equipment Market is projected to grow from US$ 22.0 billion in 2021 to US$ 53.7 billion by 2026, at a CAGR of 19.6%. SATCOM equipment is an integral part of the communication in commercial and defense industries according to new research from Research and Markets.

Paris, France, November 1, 2021-- Euroconsult's flagship report, Satellite Connectivity & Video Market is now available. The report provides an in-depth analysis of the satellite communication sector, particularly regarding the use of commercial satellite capacity. This publication includes historic figures and 10-year forecasts for capacity supply, capacity leased, capacity revenue and the cost of capacity per unit.

Dublin, Ireland, November 1, 2021--According to new research from Research and Markets entitled “Global 5G Satellite Communication Market Analysis, 2021, the market is likely to grow at a CAGR of around 28.91% during 2021-26. It owes to the significant changes in the consumer demand for better and improved bandwidth, seamless connectivity, and low latency. Additionally, high-speed internet connectivity and enhanced safety measures to support multiple end-user industries like aviation, transportation & logistics, consumer electronics, energy & utilities, and heavy industries are also crucial factors further propelling the market growth.

Cambridge, Mass., October 12, 2021 – NSR’s new report Software-Defined Satellites (SDS) sees growing satellite flexibility requirements trigger an $86.9 Billion cumulative revenue opportunity by decade’s end. Non-GEO- HTS constellation satellites will lead uptake with 95% demonstrating full or partial flexibility as software-defined platforms by 2030. However, operator hesitancy sees only 70% of GEO satellite orders to capture this trend in the medium term.  

by Prateek Yadav

Pune, India, October 10, 2021--The satellite-based earth observation satellite industry has evolved significantly in the past decade. Particularly, the supply side has seen novel technologies and new systems being carried into operation. In addition to the impact of cloud, the satellite-based earth observation industry finds itself at the junction of two revolutions, the one of one of commercialization of space and the Big Data coupled with artificial intelligence.

Gothenburg, Sweden, October 8, 2021--:According to a new research report from specialist IoT analyst firm Berg Insight, the global satellite IoT communications market is growing at a good steady pace. Despite the impact of the COVID-19 pandemic, the global satellite IoT subscriber base grew to surpass 3.4 million in 2020. The number of satellite IoT subscribers will increase at a compound annual growth rate (CAGR) of 35.8 percent to reach 15.7 million units in 2025.

London, UK, October 7, 2021--Global SVOD subscriptions will increase by 491 million between 2021 and 2026 to reach 1.64 Billion according to a new study by Digital TV Research . China and the US will together account for 49% of the global total by 2026, down from 56% in 2021.

Cambridge, Mass, October 5, 2021- NSR’s Satellite-Based Earth Observation, 13^th Edition (EO13), report launched today, finds multiple trends converging to achieve a longstanding industry goal, an open EO market. Driven by Gov/Mil customers and rapidly growing commercial demand, derived EO data products present a US$ 73 Billion opportunity, as new business models push ground segment evolution boosting revenues.