Research and Markets has been monitoring the machine to machine (M2M) services market and it is poised to grow by US$ 131.33 Billion during 2020-2024 progressing at a CAGR of 31% during the forecast period. The report on machine to machine (M2M) services market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

Amid a tumultuous year for the global economy, government space program budgets maintained their growth trajectories for a fifth consecutive year. Following a period of strong budget tensions between 2010 and 2015, government space sector spending reached its highest recorded point in 2020 according to Euroconsult’s latest “Government Space Programs: Benchmarks, Profiles & Forecasts to 2029” flagship research.

TThe Global Airborne SATCOM market accounted for US$ 5.51 billion in 2018 and is expected to reach US$ 9.80 billion by 2027 growing at a CAGR of 6.6% during the forecast period according to new research from Research and Markets. Rise in long-haul flights and traveller traffic and raise in the number of high-throughput satellites are the major factors propelling the market growth. However, factors such as ultra-compact SATCOM terminals for tactical UAVs and need to improve passenger experience are hampering the market growth.

NSR’s VSAT and Broadband Satellite Markets 19th Edition report, released today, finds a resilient market, despite near term COVID-19 challenges and changing Key Performance Indicators.  Limited growth is underway in 2020, and the market remains poised to emerge from the pandemic on a heightened growth path.

In its latest analysis of satellite manufacturing and launch services, “Satellites to be Built and Launched by 2029", Euroconsult anticipates almost a quintupling in satellite demand in the next decade with an average of 1,250 satellites to be launched on a yearly basis. In comparison to the 260 yearly satellites launched in the previous decade, this skyrocketing number cements the structural changes occurring in the market and the industry, not only in the number of satellites but also in terms of satellite missions and operators, both governmental and commercial.

The World Teleport Association (WTA) today released Teleports and the 5G Opportunity, a new research report that explores market trends in 4G and 5G, the technology and operational requirements for competing in 5G and how meaningful the opportunity for teleport and satellite operators appears to be now and in the coming year.

In its latest research titled, “FSS Capacity Pricing Trends,” Euroconsult reported that the dramatic pricing declines of the past five years have slowed as a result of notable slowdowns in new capacity supply additions. However, intense pricing pressure is expected to return in advance of new capacity coming online in the 2022-23 timeframe.

NSR’s Big Data Analytics via Satellite, 4^th Edition report, published today, finds continued growth for downstream Big Data applications through the next decade. NSR sees this growth driven by applications built on Earth Observation and M2M/IoT satcom data across multiple market verticals.

The Covid-19 pandemic is challenging the flat-panel TV market according to ABI Research. The worldwide flat-panel TV market is sluggish due to economic uncertainties, and the 8K TV market will remain low in 2020. “There had been much anticipation of 8K TV market growth given the 8K broadcast content scheduled for Summer 2020 Olympics. However, 2020 Olympics’ postponement combined with the overall economic downturn has resulted in low 8K TV unit shipments in 2020.

In its annual publication focused on the current and historic performance of Fixed Satellite Services (FSS) companies, Euroconsult reported increased competition and strong impact from COVID-19 in this US$ 10.8 billion market (excluding vertically-integrated operators). Operators are adapting to remain relevant in the long term and to weather the storm in 2020-2021, with the ongoing pandemic impacting the global industry.