Europe, Middle East and Africa Markets
Creonic GmbH is pleased to announce its official membership as a supporting partner of the Science and Innovation Alliance Kaiserslautern (SIAK). This collaboration underlines Creonic's commitment to fostering innovation and scientific progress within the region.
Creonic GmbH is pleased to announce its official membership as a supporting partner of the Science and Innovation Alliance Kaiserslautern (SIAK). This collaboration underlines Creonic's commitment to fostering innovation and scientific progress within the region.
Euroconsult, a global strategy consulting and market intelligence firm specialized in the space sector and satellite-enabled verticals, has launched its latest white paper, "Beyond the Stars: The Middle East’s Space Ecosystem on the Move." This in-depth analysis reveals the astounding growth potential of the Middle East's space sector, projecting a monumental surge to US$ 75 billion by 2032, reshaping the global space narrative.
A New Space Ecosystem Emerges
The number of pay TV subscribers in Africa will climb by 12 million between 2023 and 2029. This means an extra 7 million pay satellite TV subscribers and 5 million more pay DTT homes.
The pay total will reach 55 million by 2029, with satellite TV contributing 33 million and DTT 21 million. From the 43 million pay TV subscribers at end-2023, 26 million were satellite TV and 16 million DTT.
Parks Associates’ latest update of the firm’s Streaming Video Tracker reveals that just 5% of US internet households have only a pay-TV service, indicating legacy pay-TV companies continue to lose subscribers to streaming video services. However, the average annualized industry churn rate for streaming services is 50%, meaning many streaming services are also struggling to keep their customers.
