Europe, Middle East and Africa Markets

The global M2M satellite communication market is valued at USD 15.5 billion in 2023 and is estimated to reach USD 28.7 billion in 2028, registering a CAGR of 13.1% during the forecast period. The growing demand for monitoring and remote management of connected devices stands as a pivotal market driver propelling the growth of M2M satellite communication. As the world becomes increasingly interconnected through the IoT, industries and enterprises are deploying a myriad of connected devices across diverse sectors, such as agriculture, healthcare, transportation, and manufacturing. This surge in connected devices necessitates efficient and reliable communication channels, especially in remote or inaccessible locations where traditional networks may be unreliable or unavailable. M2M satellite communication emerges as a solution to bridge these connectivity gaps, ensuring seamless data transmission and control over dispersed and geographically distant devices. The ability to monitor, track, and manage these devices remotely enhances operational efficiency, reduces downtime, and enables timely decision-making.
The satellite communications market has seen significant changes across its value chain, bringing forth new technological innovations that include flexible satellites and more specifically, Software-Defined Satellites (SDS). Geostationary Earth Orbit (GEO) satellite operators have been compelled to respond to increased competition amidst these market shifts. One approach is to optimize the utilization of GEO satellites; however, the rigidity and fixed capacity of traditional GEO satellites is a notable constraint. Therefore, the advent of flexible satellites presents an attractive solution to a variety of problems.
According to the latest statistics from Cloudflare, global internet traffic increased by 25% in 2023, and there are no signs that this growth is about to slow down.  Data from Cisco indicates that 82% of this traffic is video, a reflection, at least in part, of the continuing shift in consumer viewing habits.  The move to Over-the-Top (OTT) streaming video started many years ago in developed countries. In the US the crossover occurred in 2016 when the number of subscribers to streaming services surpassed the number of subscribers to traditional pay TV. This year will see the revenue crossover point, when both streaming services and traditional pay TV in the US will earn around US$17 billion.
Creonic GmbH, the leading provider of cutting-edge communications IP cores, proudly announces the release of its (inverse) Fast Fourier Transform (FFT/IFFT) IP core with Error Correction Code (ECC) memory support. Designed to meet the growing demand for efficient, error-tolerant signal processing solutions.

The South American country of Peru is home to 34.5 million people. It’s a country of diverse geography, featuring coastal deserts, rainforests and mountain ranges. Around a third of Peru’s population have settled along the desert coastal belt and around the capital city of Lima, and roughly half live in the Andean highlands. The remainder live on the slopes of the Andes and rainforest, though this is sparsely populated.

The market for Flat Panel Satellite Antennas (FPA) has been experiencing growing in the last five years and existing and companies are planning to compete for the multi-orbital antenna market. As we observed during the Satellite 2024 Exhibition and conference  in Washington, D.C.  held last month, we found more than 20 companies showing flat panel satellite antennas in the show floor for the major markets that include aeronautical, terrestrial and maritime & broadband for mobility/fix applications and focus in the end user market, enterprise and government and military.