NSR’s newly released Small Satellite Markets, 4th Edition (SSM4) report identifies growth across the 1-500 kg smallsat market with 5,000 satellites launching within the next decade, generating cumulative revenues of US$ 25 Billion in manufacturing and launch services. Constellations remain the strongest driver of market growth; 70% of satellites to launch will be part of such a group of 5 or more satellites with the same mission.

Covering 138 countries, pay TV revenues [subscriptions and PPV] and OTT revenues [AVOD, SVOD, TVOD and DTO] combined will reach $283 billion by 2022; up by 18% from $239 billion in 2016, according to the OTT and Pay TV Forecasts report by Digital TV Research.

According to Stratistics MRC, the Global Satellite Antenna market is expected to grow from US$ 1.90 billion in 2016 to reach US$ 3.03 billion by 2023 with a CAGR of 9.8%. Growing number of space exploration missions, cost-effective satellite launch operations, rising demand for satellite aided warfare and improved deployment of small satellites are the major factors driving the market. On the other side, having problems with poor transmission of signals, scarcities of qualified workforce and issues with the availability of radio spectrum are the factors hampering the market growth.

The Satellite Modem Market is expected to grow from US$ 296.4 Million in 2017 to US$ 420.4 Million by 2023 at a CAGR of 6.0% Between 2017 and 2023, according to new resaerch from Research and Markets.   The major factors driving the growth of the satellite modem market include continuous innovation by satellite modem manufacturers to ensure the growth of the market, rising need for enriched high-speed data communication, and growing demand for satellite communication from various verticals.