In its latest report, titled Prospects for Maritime Satellite Communications,” Euroconsult, the world’s leading authority on space and satellite-based applications markets, quantifies the heavy impact of the Covid-19 pandemic on satellite services for the maritime market. With in depth detail on maritime communications market dynamics today and over the next ten years, the research highlights coming opportunities for consolidation and how non-geostationary orbit (NGSO) satellite constellations will change the playing field.

Global revenues from OTT TV episode and movies will reach US$ 210 billion in 2026; up from US$ 106 billion on 2020 according to new research from Digital TV research. About US$ 23 billion will be added in 2021 alone.

NSR’s Moon Markets Analysis report, launched today, forecasts 140 Moon Missions launching over the next decade to generate US$ 42.3 Billion. As budget announcements with approved appropriations roll out and the ARTEMIS program commits to the first woman, and next man, on the moon by 2024, the major growth areas include orbital and surface infrastructure building.

Iridium Communications Inc. (Nasdaq: IRDM) today reported financial results for the first quarter of 2021 and reiterated its full-year 2021 outlook. Net loss was US$ US 5.2 million, or $0.04 per diluted share, for the first quarter of 2021, as compared to net loss of US$ 31.7 million, or $0.24 per diluted share, for the first quarter of 2020. This decrease in net loss was primarily the result of the absence of debt extinguishment costs, which were incurred in the year ago period with Iridium’s refinancing of its senior unsecured notes.

A new study sponsored by Inmarsat offers the most comprehensive overview ever of Singapore’s vibrant maritime start-up sector. The Trade 2.0 Singapore Maritime Start-up and Innovation Ecosystem Report, published through the Inmarsat Research Program, is the second country-specific study of start-ups and their impact on maritime digitalisation. 

The World Teleport Association (WTA) today released Coming Out of COVID-19, a new research report that explores the widespread impact that COVID-19 had on satellite and teleport operators around the globe. The report examines the similar and disparate ways technology companies addressed the pandemic with new policies for both internal operations and relations with new and existing customers.

Amid the COVID-19 crisis, the global market for Minisatellites estimated at US$12 Billion by 2027, growing at a CAGR of 25.5% over the analysis period 2020-2027 according to Research and Markets. Communication, one of the segments analyzed in the report, is projected to record a 26% CAGR and reach US$24 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Remote Sensing segment is readjusted to a revised 28.5% CAGR for the next 7-year period.

NSR’s Wireless Backhaul via Satellite, 15^th Edition report, released today, forecasts $25 billion in annual revenue in 2030 for satellite backhaul, propelled by explosive connectivity demand worldwide and post-COVID-19 recovery in the near term.

Satellite continues to remain the strongest mode of content distribution in the region, with 93% total market share, despite the accelerated uptake of IPTV and streaming services in the Middle East and North Africa (MENA), according to new market study undertaken by Arabsat in conjunction with Ipsos in 2020.

The MENA region is home to a variety of satellite TV channels offering a mix of genres to cater to the diverse tastes of its viewers, with the most preferred TV-watching languages in the region besides Arabic and local languages, being English, French, and Turkish.

The latest update of “Prospects for the Small Satellite Market” was released this week by Euroconsult, forecasting further growth in the global supply and demand of government, commercial and academic satellites weighing up to 500 kg.