The satellite communication equipment market is predicted to expand with a compounded annual growth rate (CAGR) of 8.88% throughout the forecast period to cross US$ 47 billion by 2026, a new study of Markets and Research said.

Satellite communications equipment referred to include – SATCOM Receiver, SATCOM Transmitter, SATCOM Transceiver, SATCOM Antenna and SATCOM Modem; End-use – Land SATCOM Equipment, Maritime SATCOM Equipment, Air & Space SATCOM Equipment.

The satellite communication market in the defense sector is expected to register a CAGR of over 6.90% during 2018 – 2023 according to the latest report of Research and Markets.

A Parks Associates research has found that the rate of cancellations for OTT video services among U.S. broadband households has held steady over the past three years at approximately 18%.

Western European OTT TV episode and movie revenues will reach US$ 23.02 billion in 2023; more than double the US$ 9.84 billion recorded in 2017. Revenues for 18 countries are expected to climb by US$ 2.63 billion in 2018 alone.

NSR’s Aeronautical Satcom Markets, 6th Editionreport forecasts in-flight connectivity will generate $37 billion by the end of 2027 with quality of service and measuring the passenger experience as critical issues for the market to develop.  In the process, NSR expects airlines to take more of the control over the customer-facing environment and dictate terms for smarter suites of services in what is still an underperforming market.    

In the U.S., at the end of 2017, 210 million devices were installed in consumer homes actively delivering internet connectivity to the TV screen, and by the end of 2021 there are forecast to be 275 million, according to The NPD Group.

Online video revenue, comprising net ad spend and subscription fees, will grow at an 18% CAGR across Asia Pacific between 2018 and 2023, climbing from ~US$21 bil. in 2018 to US$ 48 bil. by 2023, according to Asia Pacific Online Video & Broadband Distribution, a new report published today by Media Partners Asia (MPA).

OTT TV episode and movie revenues for 22 Eastern European countries will reach US$ 3.51 billion in 2023; more than triple the $1.01 billion recorded in 2017.

IHS Markit, a world leader in critical information, analytics and solutions, says pay TV homes in the Asia-Pacific region rose 5.7 percent to reach 76 percent of all homes in 2017, and the number will continue to rise steadily, from 632 million homes in 2017 to 743 million by the end of 2022.

A new study on nanosatellite and microsatellite market covering North America, Europe, Asia-Pacific and rest of the world (ROW) predicts that the global nanosatellite and microsatellite market will grow with a CAGR of 12.5% over the period of 2018-2024.