Market Trends

Dublin, Ireland, September 9, 2024 --The SATCOM on the move (SOTM) market is experiencing notable growth, driven by various key factors and market drivers. By 2024, the market is estimated to be valued at US$ 32.16 billion, with a projected compound annual growth rate (CAGR) of 13.86% to reach US$117.75 billion by 2034 according to new research from Research and Markets.

by Hub Urlings

Amsterdam, the Netherlands, September 4, 2024 - The emergence of new generations of satellite Internet of Things (IoT) networks over the last years and their promise of low-cost and low-power global IoT connectivity is seen by many as the fuel for the global 4th Industrial Revolution (4IR). 

by Elisabeth Tweedie

Los Angeles Calif., September 2, 2024 - While viewing habits may be changing, according to the latest Entertainment and Media (E&M) Survey from Price Waters Coopers (PwC), growth in the global entertainment and media market surpasses overall economic growth.  The segment is forecast to grow at a compound annual growth rate (CAGR) of 3.9% in the five years to 2028, reaching a total value of US$3.4 trillion.  From next year, the UK will overtake Germany to become the largest E&M market in Europe.  Revenue will grow from £100 billion this year to reach £121 billion by 2028.  

MarketBrief report on Connectivity Solutions for the Energy Market sponsored by Es'hailSat

Featuring:

Connectivity Solutions for the Energy Market  by Elisabeth Tweedie

Interview with Hamad al-Mannai, Vice-President-Commercial, Es'hailSat

To read or download the pdf of full report click here

Dublin, Ireland, August 14, 2024--The Low Earth Orbit  (LEO )Satellite Market grew from US$ 14.33 billion in 2023 to US$ 16.17 billion in 2024. It is expected to continue growing at a CAGR of 13.28%, reaching US$ 34.33 billion by 2030 according to new research from Research and Markets.

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.