Market Trends

Space Logistics Markets Ready to Grow as On-orbit Supplier Services Materialize

Paris, France, May 18, 2022– A nascent but growing set of on-orbit space services, to be articulated as a space logistic ecosystem from launch to satellites’ end of life, are being developed by more than 50 companies. According to Euroconsult’s 1st edition of Space Logistic Markets report, this diverse set of on-orbit services is expected to generate US$ 4.4 billion by 2031.

Major Pay-TV Providers Lost About 1,950,000 Subscribers in 1Q 2022

Durham, NH, May 17, 2022--Leichtman Research Group, Inc. (LRG) found that the largest pay-TV providers in the U.S. – representing about 93% of the market – lost about 1,955,000 net video subscribers in 1Q 2022, compared to a pro forma net loss of 1,910,000 in 1Q 2021, and 1,960,000 in 1Q 2020. 

Global AVOD spend to reach US$ 70 billion

London, UK, May 13, 2022--AVOD revenues for TV series and movies will reach US $70 billion in 2027, up from US$ 33 billion in 2021. 13 of the 138 countries covered will generate more than $1 billion in 2027, up from only five countries in 2021 according to Digital TV Research.

Land Mobile Satellite Market Moving to Broadband and US$ 1.2 Billion Revenue Potential

Cambridge, Mass., May 5, 2022--In its 10th year, NSR’s landmark Land Mobile via Satellite (LMvS10) report finds a significant revenue migration underway from narrowband to broadband applications. Though currently dominated by narrowband services, connected vehicles and High Throughput Satellite (HTS) Comms on the Pause (COTP) services are positioned as the fastest growing satellite land mobile sector markets through the decade.

Cloud Service Delivery via Satellite to Generate US $32 Billion by 2031

Cambridge, Mass., April 27, 2022 - NSR’s newly released Cloud Computing via Satellite, 3rd Edition sees Cloud Service Delivery via Satellite positioned to generate US$ 32 Billion, with 240+ Exabytes of Traffic, by 2031. The impending wave of LEO, MEO, and GEO-HTS satcom and data services is set to boost long- term cloud adoption, significantly enhancing market engagement opportunities.

Amid Prolonged Impacts of COVID, The Maritime Industry Showed Positive Trends in 2021

Paris, France, April 21, 2022 – Leading space consulting and market intelligence firm Euroconsult has released its annual “Prospects for Maritime Satellite Communications” report, which shows that despite the prolonged COVID-19 pandemic and its associated impacts, 2021 was still a positive year for the global maritime satellite communication market.

Global Military Satellite Market Projected to reach US$ 63.116 Billion in 2026

Dublin, Ireland, March 11, 2022--The global military satellite market is expected to grow from US$ 52.28 billion in 2021 to US$ 54.83 billion in 2022 at a compound annual growth rate (CAGR) of 4.9%. The market is expected to reach US$ 63.116 billion in 2026 at a CAGR of 3.6% according to new Research from Research and Markets.