Europe, Middle East and Africa Markets

/PRNewswire/ -- Mobile Experts released a new market study today, Satellite Broadband 2024, outlining the future for Satellite Broadband systems and forecasting satellite launches and subscriber numbers through 2028. The new report compares the costs of Low Earth Orbit, Geosynchronous Earth Orbit, and terrestrial Fixed Wireless Access to illustrate where LEO, GEO, and FWA technologies will be used by broadband subscribers. Cost factors and capacity/data speed are two key factors that illustrate the best way to segment the rural broadband market—and of course the analysis leads to a five-year forecast for CPE shipments.

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.

Telenor Satellite, a leading European provider of satellite TV broadcast and VSAT data communications services for maritime and land-based sectors, has today announced that its acquisition by Space Norway has been ratified following approval from the Norwegian Parliament.  The transaction was closed with the formal signing of the agreement on January 4th 2024.

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.

​​​​​​​Commercis Plc, a parent company of Talia, DataGrid Network and Quika, and a leading provider of connectivity and technology solutions today announced the appointment of Steve Tunnicliffe as a Board Member. Steve will assume the role of advisor and will work closely with the management team providing strategic insights and management skills to optimize operations, foster innovation, and capitalize on emerging opportunities. 
​​​​​​​Ovzons proprietary developed satellite Ovzon 3 has now successfully been launched from SpaceX Cape Canaveral launch site in Florida, USA. Ovzon 3 will enter into service by mid-year 2024, when it has reached its orbital position.