Market Trends

Los Angeles, Calif., July 11, 2019--Manatt, Phelps & Phillips, LLP, a multidisciplinary, integrated professional services firm, and digital media consulting company, Vorhaus Advisors, today released their inaugural Digital Strategy Study, which analyzes the state of media and content consumption. Through a comprehensive consumer survey focusing on topics including connected TV, subscription video on demand (SVOD), mobile and esports, the report identifies a number of key trends that illustrate how consumers are interacting with technology to consume digital content, including:

Cambridge, MA, July 10, 2019 — NSR’s Maritime Satcom Markets, 7th Edition report, published recently, forecasts VSAT-enabled Maritime vessels to grow from over 20,000 vessels in 2018 to over 75,000 by 2028. Generating almost US $42 billion in cumulative revenues between 2018 – 2028, the Maritime satcom connectivity market has never looked more promising.

Hertfordshire, UK, July 9, 2019 — 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.

Bristol, UK, July 9, 2019--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.

New York, NY, July 8, 2019  — 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.

by Robert Bell

New York City, July 3, 2019--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.

Middlesex, UK, June 27, 2019 — Three-quarters of the world’s pay TV operators will gain subscribers between 2018 and 2024. Covering 505 operators across 135 countries, the Global Pay TV Operator Forecasts report also estimates that two-thirds will increase their revenues over the same period.

Dublin, Ireland, June 27, 2019 — A new research has revealed that the Global Optical Satellite Communication market accounted for $291.32 million in 2017 and is expected to reach $2,861.89 million by 2026, growing at a CAGR of 28.9% during the forecast period.

Stockholm, Sweden,  June 15, 2019 — The latest Ericsson Mobility Report released early this month presents a glimpse of the impressive progress happening in markets on the verge of deploying 5G. It goes beyond the forecast numbers and, in three co-written articles, present a glimpse of the impressive progress happening in markets on the verge of deploying 5G.