Market 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.

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.

London, UK, October 8, 2020--New resarch from Digital TV Researc shows that global Pay TV revenues are down while subscriptions are up. Global Pay TV revenues peaked in 2016 at US$ 202 billion. Revenues will fall to US$ 152 billion in 2025. This is lower than 2010’s US$ 175 billion - despite the number of pay TV subscribers rising by 345 million between 2010 and 2025. Revenues fell by US$ 9 billion in both 2018 and 2019.

Boston, Mass., October 7, 2020-- COVID-19 will boost worldwide revenue on content consumed on mobile phones by 28% in 2020 according to Strategy Analytics latest report “Global Mobile Media Forecast: 2015-2025.” Stay-at-home guidance issued by governments as result of the COVID-19 pandemic has stimulated an increase in spending within mobile games and mobile apps, as consumers have been forced to shift their behavior from offline activities to online.

Dublin, Ireleand, October 6, 2020-- Amid the COVID-19 crisis, the global market for Commercial Satellite Imaging estimated at US$ 4.4 Billion in the year 2020, is projected to reach a revised size of US$ 8.3 Billion by 2027, growing at a CAGR of 9.4% over the analysis period 2020-2027 according to a new study by Research and Markets.

London, UK, September 29, 2020--SVOD revenues for 138 countries will reach US$ 100 billion by 2025; double from the $50 billion recorded in 2019. SVOD revenues will exceed $1 billion in 16 countries by 2025; double from eight countries in 2019, according to new research from Digital TV Research.

Cambridge, Mass., Septmeber 28, 2020--  NSR’s Satellite-Based Earth Observation, 12^th Edition (EO12), released today, finds a limited impact from COVID-19 on the EO market, with the sale of EO data and derived products to reach $8.1 billion annually by 2029. Revenues will be driven by government, military, and financial service-based customers, owing to strong demand and diversity need. Constellations of satellites featuring optical, radar, and new non-imagery datatypes - such as radio frequency monitoring - are expected to dramatically increase the industry’s access to supply and encourage new business models.