The World Teleport Association (WTA) today released From Teleport to Network Service Provider: The Search for Tomorrow’s Business Model, a new research report that examines how teleport operators are shifting from providing traditional uplink and downlink services to managed network services and the drivers, enablers, challenges and opportunities presented by that shift. The report is sponsored by Kratos.

According to DataIntelo, the satellite simulators market size is poised for significant growth, projected to escalate from USD 1.2 billion in 2023 to an estimated USD 2.3 billion by 2032, reflecting a robust compound annual growth rate (CAGR) of 7.5% during the forecast period. This expansion is primarily fueled by the increasing adoption of satellite simulators in various sectors such as military, telecommunications, and research, driven by the rising demand for satellite technology in numerous applications. 

Investment in geospatial technologies continues to grow at a rapid pace.  According to NovaSpace, an estimated 5,401 earth observation satellites will be launched between 2024 and 2033.  This is a 190% increase from the 1,864 satellites launched in the previous decade.  This growth is being fueled by technological innovation and increased demand.  As climate change, migration, urbanization and conflicts increase, the need for timely and precise geospatial information continues to grow.  

According to Novaspace, in 2022 there were 5.6 million commercial Very Small Aperture Terminals (VSATs) in use around the world.   Novaspace is forecasting a 2.3x growth rate in this number to 2032, meaning there will be 12.88 million commercial VSATs in use that year.  It is also forecasting a cumulative market value for the entire ground system (i.e. not just VSATs) of US$ 80 billion between 2023 and 2032.

According to a new analysis from Novaspace, SpaceX generated an estimated $11.8 billion in revenue in 2024, with Starlink overtaking its space transportation division for the first time. The company’s long-awaited profitability milestone is being driven by the steady maturation of its connectivity business and a launch model now optimized for reuse. 

Starlink’s growth signals a strategic shift as SpaceX evolves from a launch provider to a diversified operator reshaping the commercial space landscape  

NPAW has released its full 2024 State of the Video Industry Report  where among its findings sow that global Video on Demand (VOD)  engagement dropped after a strong H1 Q4 did improve compared to Q3. Slightly lower engagement vs 2023 with viewers watching less titles and for a shorter time.

Other findings of the report include: