A new report  titled “High Throughput Satellite Market Size" from Adroit Research revealed that the High Throughput Satellite Market will be worth US$ 58.5 Billion in 2032 at  CAGR of 20.17%.

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.

The World Teleport Association (WTA) today released The Year of the NGSOs, a new research report that explores how the teleport business model will continue to adapt to a market of verticalized, multi-orbit connectivity and the technology innovations that can extend their competitive advantage in a changing ecosystem.

Following the 

Space consulting and market intelligence firm Novaspace, born from the recent merger between Euroconsult and SpaceTec Partners,  finds that space safety and sustainability concerns are driving cautious interest for In-Orbit Services and commercial Space Situational Awareness in its latest Space Logistics Markets report and projects around US $4.6 Billion in commercial revenue over the decade.

A new study by Juniper Research, the foremost experts in Internet of Things (IoT) markets, has found that investment by space vendors and agencies in space-based solar energy will grow from US$ 370 million in 2024 to US$ 1.9 billion in 2029.

This substantial increase will be driven by the need for renewable baseload energy. Baseload energy refers to the minimum amount of energy required to be provided to the grid.

Looking at recent developments in the satellite market in the Middle East, two words spring to mind: growth and partnerships. In a white paper “Beyond the Stars,” written for the Sultanate of Oman, Novaspace (formerly Euroconsult)describes the Middle East as a “global hotspot for space activities.”  The space economy in the region has tripled in the last decade to an estimated value of US$ 25 billion in 2023, and is expected to reach US$ 75 billion by 2032.

Providing connectivity to the oil and gas industry remains a significant market for satellite operators and service providers around the world, and nowhere more so than in the Middle East where a significant portion of the world’s oil and gas deposits are located.  However, satellite is not confined to providing service to offshore locations; terrestrial pipelines, refineries and storage facilities, particularly those in remote locations, may also be served by satellite.  

Maritime satellites are a subset of the satellite communication business developed to satisfy the specific needs of nautical activities throughout the world's oceans and seas. These satellites offer critical services such as high-speed internet access, phone and data transmission, navigation, and safety features to vessels ranging from commercial cargo ships and cruise liners to private yachts and navy forces.

The Asia Video Industry Association’s Coalition Against Piracy (CAP) has published its 2024 annual piracy consumer survey, conducted by YouGov. Despite a decrease in piracy on pirate TV boxes, pirate apps and streaming or torrent websites, the survey shows an increase in the incidence of piracy across the region, climbing from 52% last year to 59% this year due to more piracy on social media and messaging platforms.