Parks Associates released new research estimates today at CONNECTIONS™ that U.S. consumers will purchase more than 485 million connected consumer devices in 2021, including smart home, connected health, mobile, and connected entertainment products. By 2022, sales will exceed 520 million units.
Digital TV Research forecasts that Netflix will have 201 million streaming subscribers by 2023, up by 82% from 111 million at end-2017. About 28 million subscribers will be added in 2018 – making it the largest growth year ever. Lower growth is expected after 2018, according to the Netflix Forecasts report.
North America and Western Europe will together supply 62% of Netflix’s total subscriber base by 2023 – still dominant, but down from 76% in 2017. Asia Pacific will boast fast growth by taking 14% of the 2023 total. This represents 28 million subs; quadruple the 2017 figure.
The UK air traffic management service provider, NATS, has announced it has invested in Aireon, the company pioneering a space-based air traffic surveillance service set to revolutionise the aviation industry.
Through a network of 66 low earth orbiting Iridium® NEXT satellites, AireonSM will monitor the location of Automatic Dependent Surveillance-Broadcast (ADS-B) equipped aircraft flying anywhere in the world, transforming the way air traffic control services are provided.
NSR’s Satellite Manufacturing and Launch Services, 8th Edition report, released today, finds that despite a slow 2017, across the board, the global satellite manufacturing and launch market is poised to generate in excess of $250B in the next decade. As both commercial and government players begin deploying constellations, turning to smallsats to provide more flexibility across a system, and leveraging more advanced flexible and exquisite payloads, the requirements place
Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, today reported its results for the first quarter ended March 31, 2018. Revenues for Q1 2018 totaled $67.4 million, up 5.4% from Q1 2017.
Key Financial Highlights:
RUAG Space announced that Mike Morningstar will assume the role of President and Country Manager of RUAG Space USA. Starting today, Morningstar will be responsible for the operations of all RUAG Space USA sites, and will represent the organization as it expands its presence in the U.S.
OTT Video Services to Climb to US$ 51.4 billion in 2022 Creating More Pressure on Traditional Pay-TV services
More...The growth of subscription OTT services has been driving the changing trends in the Pay-TV landscape. OTT video services have attracted hundreds of millions of subscribers worldwide, causing pressure on traditional Pay-TV operators. This OTT growth trend is expected to continue, reaching a subscriber base of 400 million in 2018, according to a recent report by ABI Research, a market-foresight advisory firm providing strategic guidance on the most compelling transformative technologies.
Eutelsat Communications (ISIN: FR0010221234 - Euronext Paris: ETL) today reported revenues for the Third Quarter and Nine Months ending March 31, 2018. Third Quarter revenues were €337 million, down -7.4%, while nine month revenues of €1,034 million, down 5.0%
DataPath announced today the appointment of Dr. Sherin Kamal as the company’s new President and CEO. He will officially assume the position June 11. Kamal is an international business executive with extensive experience in driving revenue and profitable growth.
KVH Industries has announced that Mark Guthrie has been named KVH’s vice president for the Asia-Pacific region.Mr. Guthrie will oversee all KVH activities in this area, which is of vital importance in the mobile connectivity market.
