Consulting firm Euroconsult announced the recipients of both its Annual Awards for Excellence in Connectivity and Satellite Communications as well as Earth Observation and Information on the occasion of the World Satellite Business Week, its annual senior executive event, of which the 22nd edition took place in Paris from Sept. 10 to 14. These annual awards recognize companies and their management for their outstanding accomplishments.

The annual AfricaCom Awards will once again celebrate success and innovation this year, by recognising the achievements of the best companies, solutions, products and personalities improving connectivity and driving Africa through the Fourth Industrial Revolution.

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.