Market Trends

Cambridge, MA- February 15th, 2022-In its 5th year, NSR’s first to market In-Orbit Services: Satellite Servicing, ADR, and SSA, 5th Edition (IoSM5) forecasts US$ 14.3 Billion in IoSM revenue, driven by Life Extension, generating $4.7 Billion through 2031. As the race to launch Non-GEO Satellite Constellation grows, thousands of satellites are set to launch through the coming decade growing demand for IoS. 

Cambridge, Mass., February 8, 2022- NSR’s newly released Optical Satellite Communications, 4^th Edition (OSC4) projects a US$ 2 Billion Optical Satcom market for equipment, driven primarily by upcoming Non-GEO constellations. As Optical Satcom growth trends upwards at a 47% CAGR, projected demand reaches 6,000+ laser communication terminal (LCT) units over the next decade.

New York, NY, Feb. 07, 2022--Reportlinker announced the release of the report "Global Smart Television and Set-Top Box (STB) Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026).The Global smart television market is expected to register a CAGR of 3.17%, while the global STB market is expected to register a CAGR of -1.50% during the forecast period (2022-2027).

Paris, France, January 13, 2022 – Euroconsult, the leading space consulting and market intelligence firm, has released its eagerly awaited ''Earth Observation Satellite Systems Market'' report, providing a sweeping review analysis of the Earth Observation (EO) upstream ecosystem and breaking down government and commercial programs in exhaustive details. With the Earth Observation manufacturing market gearing up for another decade of growth to an estimated US$ 76.1 billion in revenue, the latest study reflects profound changes in the market structure driven by the diversification of payloads and multiplication of commercial constellation projects.

Paris, France, January 6, 2022–Space consulting and market intelligence firm Euroconsult has released its highly anticipated “Government Space Programs” report for 2021. The highlight of this year’s findings is a continued, even accelerated, volume of governmental investment in the space sector, driven by two major drivers: ambitious space exploration programs by leading space countries, and rivalries driving the militarization of space. A highly anticipated annual industry study, Euroconsult’s “Government Space Programs” flagship market intelligence report draws on 36 years of experience to provide readers with unrivalled insight into the prevailing strategic space trends among governments.

Cambridge, MA- January 4, 2022--NSR’s newly released Space Tourism & Travel Markets, 3rd Edition (STT3) report sees over 57,500 passengers heading to space through the decade, generating $20.3 Billion cumulative revenues. NSR’s STT3 finds the rapid growth seen in the Space Tourism & Travel Markets driven by a growing commercial passenger interest, along with government funding and demand.

Northbrook, Il., December 21, 2021-The SATCOM on the move market is projected to grow from US$ 17.7 billion in 2021 to USD 42.8 billion by 2026, at a CAGR of 19.3%. SATCOM equipment is an integral part of the communication in commercial and defense industry according to a new report by Markets and Markets.

Buenos Aires, Argentina, December 15, 2021--Dataxis has recently published its report on the Fixed Satellite Services (FSS) civil communications market. After years of significant growth, the decline in traditional video activity in the most developed countries is being sustained, resulting in a limited but steady decline in the turnover of FSS operators. The outlook for the future is equally becoming more pronounced.

Cambridge, Mass., December 14th, 2021--NSR’s newly released Global Satellite Ground Segment, 6^th Edition report, finds strong post COVID-19 return to growth for the Ground Segment, illuminating a massive increase in upcoming satellite capacity supply. With a double-digit growth forecast, cumulative industry revenues reach US$ 147 Billion through 2030.