Market Trends

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.

Strasbourg, France, October 1, 2021--A new report by Orbofleet’s entitled ‘Global Non-Geostationary (NGSO) Satellite Communications Market’ has found potential US$300 Billion opportunities across multiple market verticals between 2021-2035. The 2021 edition report taps onto the most significant and promising markets that are set to flourish with the growth of satellite broadband connectivity. It also provides a detailed insights into the market drivers, investment landscape, emerging technologies, and the key amplifiers of the upstream market segment.

London, UK, September 23, 2021--New research by Inmarsat reveals a rapid increase in the maturity level of organizations adopting the industrial Internet of Things (IoT) since the start of the Covid-19 pandemic. Respondents drawn from multiple industries also reported that Covid-19 has demonstrated the importance of IoT to their businesses, with many accelerating IoT deployments in response to the pandemic.

Paris, France, September 22, 2021–In its flagship report on the Satellite Connectivity and Video Market, leading international consulting and market intelligence firm, Euroconsult projects the market value to double between 2020 to 2030. Driven primarily by non-geostationary orbit (NGSO) satellite constellations, by 2030, the satellite connectivity and video market is projected to exceed US$ 20 billion. NGSO capacity accounts for more than 75 percent of the projected market growth in the next decade.

Cambridge, Mass., September 14, 2021--NSR’s Quantum Communications via Satellite (QCvS) Report, launched today, finds the potential to deliver unlimited security boosting satellite-based quantum communications to a revenue opportunity of US$ 2.6 Billion by 2030 with Banking, Energy, and Goverment/Military as the primary target markets for services adoption.

Chicago, Il., Sept. 14, 2021--Boeing [NYSE: BA] today released its annual forecast for the commercial, defense and space aerospace market, reflecting signs of the industry's recovery following the impacts of COVID-19. The 2021 Boeing Market Outlook (BMO) – Boeing's analysis of long-term market dynamics – states that commercial airplanes and services are showing signs of recovery, while the global defense, space and government services markets have remained stable.

Hong Kong, September 14, 2021 –The Asia Video Industry Association hosted its country-focused virtual conference, Vietnam in View, on 8 September, to over 320 international and local speakers and delegates, sharing great optimism in a country that has arguably proven itself as one of the more resilient economies in Southeast Asia.

London, UK, September 10, 2021--According to a new report published by Trends Market Research entitled, “Satellite Services Market by Type, and End-User Industry: Global Opportunity Analysis and Industry Forecast, 2019–2026,” the satellite services market accounted for revenue of US0$ 126.5 billion in 2018 and is anticipated to generate US$ 144.5 billion by 2026. The market is projected to experience growth at a CAGR of 2.2% from 2019 to 2026.