Market Trends

US streaming revenue to overtake pay TV in 2024

London, UK, February 26, 2024 - The latest research from Ampere Analysis finds that total revenues from streaming (including advertising revenue from hybrid streaming subscription tiers) will overtake revenues from pay TV subscriptions in the US for the first time in Q3 2024. Streaming will continue to race ahead as traditional pay TV declines - with the value of pay TV in 2028 expected to fall to half the value it saw at its peak in 2017. The new analysis comes from Ampere’s continuously updated Markets Operators data service.

Next Generation Satellite Systems Continue to Disrupt Satellite Capacity Pricing Landscape

Paris, France, February 12, 2024 - Euroconsult,has released the latest edition of its FSS Capacity Pricing Trends report which unveils continued shifts in the capacity pricing landscape.Satellite capacity pricing is experiencing rapid declines in an increasingly disruptive market, supported by rise of next-generation geostationary (GEO) and non-geostationary orbit (NGSO) high-throughput satellite (HTS) systems. 

Africa SVOD to add 9 million subscriptions

London, UK, February 10, 2024--Sub-Saharan Africa will have 16 million paying SVOD subscriptions by 2029, up from 7 million at end-2023. South Africa and Nigeria will supply 59% (9.4 million) of the region’s total. However, SVOD penetration will still be low by 2029, with only 7.1% of TV households paying for at least one subscription – although this is up from 4.7% at end-2023 according to Digital TV research.

Global UAV Satellite Communication Market Forecast 2024-2030

Dublin, Ireland February 8, 2024 - The UAV Satellite Communication Market size was estimated at USD 6.29 billion in 2023, USD 6.58 billion in 2024, and is expected to grow at a CAGR of 6.39% to reach USD 9.71 billion by 2030 according to Research and Markets.

Global SATCOM On-The-Move Market Forecast 2023-2030

Dublin, Ireland, February 1, 2024--The SATCOM On-The-Move Market size was estimated at USD 22.43 billion in 2022, USD 25.30 billion in 2023, and is expected to grow at a CAGR of 15.22% to reach USD 69.72 billion by 2030 according to Research and Markets.

Parks Associates: Nearly 50% of Streaming Video Industry Executives Do Not Have the Data They Need to Make Good Business Decisions

Dallas Tex, February 1, 2024-- New Parks Associates research, conducted in partnership with SymphonyAI's media division, finds that even as streaming becomes the primary means for video consumption, 47% of executives in the streaming industry are lacking the data needed to make good business decisions. The custom research, summarized in the newly released report Streaming Content Performance: Executive Insights | 2024 State of the Market, finds consensus that data on content performance, revenue, and audience engagement is key to successful services, but current fragmentation in the market makes it difficult for companies to collect and aggregate the information needed.

At CES® 2024, Parks Associates Announces New Research Showing Average Number of Connected Devices per US internet household reached 17 in 2023

Las Vegas, Nevada, January 11, 2024 - Parks Associates today announced new research at CES® 2024, from its quarterly consumer research of 8,000 US internet households, finding the average number of connected devices per US internet household reached 17 in Q3 2023.

Middle East's Space Sector Surges: White Paper Unveils $75 Billion Projection by 2032

Paris, France, January 8, 2024--Euroconsult, a global strategy consulting and market intelligence firm specialized in the space sector and satellite-enabled verticals, has launched its latest white paper, "Beyond the Stars: The Middle East’s Space Ecosystem on the Move." This in-depth analysis reveals the astounding growth potential of the Middle East's space sector, projecting a monumental surge to US$ 75 billion by 2032, reshaping the global space narrative.

Africa to Add 12 million Pay TV subs

London, UK, January 7, 2024 -- The number of pay TV subscribers in Africa will climb by 12 million between 2023 and 2029. This means an extra 7 million pay satellite TV subscribers and 5 million more pay DTT homes according to Digital TV Research.

Just 5% of US Internet Households Have Only a Pay-TV Service

Addison, Tx., January 4, 2024--Parks Associates’ latest update of the firm’s Streaming Video Tracker reveals that just 5% of US internet households have only a pay-TV service, indicating legacy pay-TV companies continue to lose subscribers to streaming video services. However, the average annualized industry churn rate for streaming services is 50%, meaning many streaming services are also struggling to keep their customers.