Europe, Middle East and Africa Markets

The global market for IoT-focused satellite services, focused on end-device connectivity hardware and the annual connectivity fees charged, will grow to US$ 5.9 Billion in 2025, after taking off in the 2021-2022 period. Incumbent satellite providers will be pressured by a new wave of startups that are leveraging the recent advances in smaller satellite technologies, but many of these new entrants are going to strike out or be absorbed by their larger and entrenched rivals.

Worldwide TV shipments are riding high, ending 2018 with the strongest growth rate this decade, with value up by 6%, according to a new market report from Futuresource Consulting. The report also reveals that 8K shipments, despite major obstacles, will grow considerably from 0.2 million units in 2019, with 130% CAGR through to 2023, as brands get behind the technology.

As worldwide TV household penetration is quite saturated, the flat panel TV market has been driven by consumer adoption of TVs with higher resolution, larger screen size, and connected and integrated applications and services.  While flat panel TV makers have announced 8K TV sets, it is the 4K TV market that will continue to grow to cement its place as the mainstream TV format over the next few years. ABI Research, a global tech market advisory firm, forecasts that 4K flat panel TV shipments will grow at 13% CAGR to reach 233 million in 2024.

NAGRA, a Kudelski Group (SIX:KUD.S) company and a leading independent provider of content protection and multiscreen television solutions, in partnership with MTM, a leading international research and strategy consultancy, has published the key takeaways from the European edition of the 2019 Pay-TV Innovation Forum, a global research programme for senior executives designed to explore the biggest challenges and opportunities facing the pay-TV and content industries at a time of unprecedented change.

For a technology launched in the 1980s, VSATs have shown a remarkable ability to adapt and thrive. In fact, they are on a growth curve that, according to NSR, will create cumulative market revenue of $159 billion over the next decade. Maritime is forecast to lead the pack with a 16% CAGR to 75,000 VSAT-enabled vessels by 2028.

ND Satcom pulled out all the stops Thursday, June 27, at its all-day factory event, educating and entertaining over a hundred of attendees from around the world on key facets of its technology and service portfolio through exhibits, tours, and live demos. The dedicated ND SATCOM team was on hand throughout the event to be of service to invitees representing diverse sectors from defence to broadcasting.

Speedcast International Limited (ASX:SDA) (FRA:7SC) (OTCMKTS:SPPDF), a provider of remote communication and IT solutions, said it expects Underlying EBITDA for 1H 2019 of approximately US$60 to US$64 million and revised its expectation for Underlying EBITDA for full year 2019 to approximately US$140 million to US$150 million.

1H 2019

Speedcast said it expects Underlying EBITDA for 1H 2019 of approximately US$60 to US$64 million, including US$8 to US$10 million from the Globecomm acquisition which completed in December 2018.