Market Trends

Cambridge, Mass, October 5, 2021- NSR’s Satellite-Based Earth Observation, 13^th Edition (EO13), report launched today, finds multiple trends converging to achieve a longstanding industry goal, an open EO market. Driven by Gov/Mil customers and rapidly growing commercial demand, derived EO data products present a US$ 73 Billion opportunity, as new business models push ground segment evolution boosting revenues.

Strasbourg, France, October 1, 2021--A new report by Orbofleet’s entitled ‘Global Non-Geostationary (NGSO) Satellite Communications Market’ has found potential US$300 Billion opportunities across multiple market verticals between 2021-2035. The 2021 edition report taps onto the most significant and promising markets that are set to flourish with the growth of satellite broadband connectivity. It also provides a detailed insights into the market drivers, investment landscape, emerging technologies, and the key amplifiers of the upstream market segment.

London, UK, September 23, 2021--New research by Inmarsat reveals a rapid increase in the maturity level of organizations adopting the industrial Internet of Things (IoT) since the start of the Covid-19 pandemic. Respondents drawn from multiple industries also reported that Covid-19 has demonstrated the importance of IoT to their businesses, with many accelerating IoT deployments in response to the pandemic.

Paris, France, September 22, 2021–In its flagship report on the Satellite Connectivity and Video Market, leading international consulting and market intelligence firm, Euroconsult projects the market value to double between 2020 to 2030. Driven primarily by non-geostationary orbit (NGSO) satellite constellations, by 2030, the satellite connectivity and video market is projected to exceed US$ 20 billion. NGSO capacity accounts for more than 75 percent of the projected market growth in the next decade.

Cambridge, Mass., September 14, 2021--NSR’s Quantum Communications via Satellite (QCvS) Report, launched today, finds the potential to deliver unlimited security boosting satellite-based quantum communications to a revenue opportunity of US$ 2.6 Billion by 2030 with Banking, Energy, and Goverment/Military as the primary target markets for services adoption.

Chicago, Il., Sept. 14, 2021--Boeing [NYSE: BA] today released its annual forecast for the commercial, defense and space aerospace market, reflecting signs of the industry's recovery following the impacts of COVID-19. The 2021 Boeing Market Outlook (BMO) – Boeing's analysis of long-term market dynamics – states that commercial airplanes and services are showing signs of recovery, while the global defense, space and government services markets have remained stable.

Hong Kong, September 14, 2021 –The Asia Video Industry Association hosted its country-focused virtual conference, Vietnam in View, on 8 September, to over 320 international and local speakers and delegates, sharing great optimism in a country that has arguably proven itself as one of the more resilient economies in Southeast Asia.

by Lalit Katare

Pune, India, Septembr 6, 2021--Ground equipment and services, spacecraft, and satellite launch segments are considered as the three major pillars of the space industry. The global space market was valued at around US$ 300 to $400 billion, which constitutes the satellite as well as non-satellite segments of industry.

Cambridge, Mass., September 2, 2021 – NSR’s M2M and IoT via Satellite, 12^th Edition (M2M12) report forecasts the dedicated IoT constellations market reaching US$ 990 million in annual total retail revenues by 2030, reflecting ~44 % of the total satcom IoT market.  Due to the low cost of Smallsat IoT terminals and ongoing subscription fees to end users, a conservative scenario sees Smallsat IoT representing 71% of global in-service units (~13 million) by 2030, with much higher market share if the stars align properly.