Market Trends

Increased Adoption of Earth Observation Data Across the Region Could Contribute an Additional US$100 Billion to Southeast Asia’s GDP by 2030

Singapore,  February 11, 2025 – Organised by Singapore Space & Technology Ltd, the Global Space Technology Convention and Exhibition (GSTCE),  returns for its 17th edition with a bold new identity and expanded vision. Formerly the Global Space and Technology Convention (GSTC), one of  GSTCE 2025’s key highlights is the launch of “Space to Thrive: Southeast Asia’s Space Industry on the Rise”, a comprehensive deep dive into the commercial opportunities of space and its contribution to economies in Southeast Asia, co-authored by Deloitte and Singapore Space & Technology Ltd. 

Key Takeaways from “Shaping the U.S. Space Launch Market” Report

Washington, D.C.  February 5, 2025 - The United States finds itself in the position of world leader in launch, with a relatively consolidated market. The United States conducts 50% more launches than it did at the peak of the space race— but more than five out of every six U.S. launches come from SpaceX according to a report entitlted "Shaping the U.S. Launch Market: Extending America's Advantage" by the Center for Security and Emerging Technologies (CSET).

Parks Associates: 56 million (46%) US Internet Households are Cord Cutters, and 12% are Cord Nevers

Dallas, Tex., Feb. 4, 2025-- Parks Associates' latest research from its Video Services Consumer Insights Dashboard reports 56 million (46%) US internet households are Cord Cutters, which illustrates the dominance of streaming video services. Additionally, 12% of US internet households are Cord Nevers, who have never subscribed to any sort of traditional pay TV.

World Teleport Association Publishes Top Operator Rankings for 2024

New York City, February 3, 2025 – The World Teleport Association (WTA) today published its annual rankings for the Top Teleport Operators of 2024. The annual rankings of companies by revenue and revenue growth are compiled by surveying teleport operators around the world as well as referencing the published results of publicly-held companies.

Satellite Consumer Direct-to-Device: Trends and Forecasts 2023–2033

London, UK, January 21, 2025--A new report from Analysys Mason reveals that  the consumer Direct-to-Device (D2D) market is poised to revolutionise accessibility and bridge connectivity gaps, and cumulative revenue will reach more than US$ 100 billion between 2023 and 2033.

Defense Spending Drives Government Space Budgets to Historic High

Paris, France,. January 15, 2025 – Space consulting and market intelligence firm Novaspace, has released the 24th edition of its annual Government Space Programs (GSP) report. The report reveals that global government space investments reached  approximately US$ 135 billion in 2024, a 10% increase compared to 2023. Defense spending, now the majority of budgets at US$ 73 billion (54%), underscores space’s growing importance as a contested and strategic domain. 

Analysys Mason Releases New Report on the Military Satellite Market

London, UK, January 15, 2025--Ananlysys Mason has released a new report Military Satellite Communications: Infrastructure Developments 2000–2030" which assesses the developing military satellite communications (milsatcom) market worldwide and offers a framework of recommendations to help interested parties to understand the demands, trends and challenges in the market.

UK Space Investment Sparks Innovation and Education Opportunities

Hereford, UK, January 13, 2025 - Research from ETL Systems, a provider of RF distribution equipment, has shown that the UK has made bold strides in becoming a key player in the global space sector, investing in ambitious projects, and nurturing the next generation of talent. 

The Space Economy to Reach US$ 944 Billion by 2033

Paris, France January 9, 2025 –Space consulting and market intelligence firm Novaspace has released the 11th Edition of its Space Economy Report, forecasting the global space economy to grow from $596 billion in 2024 to US$ 944 billion by 2033. This steady growth, driven primarily by advancements in downstream solutions, marking a pivotal decade for the industry.