Market Trends

London, April 26, 2021--Global revenues from OTT TV episode and movies will reach US$ 210 billion in 2026; up from US$ 106 billion on 2020 according to new research from Digital TV research. About US$ 23 billion will be added in 2021 alone.

Cambridge, MA - April 21, 2021 – NSR’s Moon Markets Analysis report, launched today, forecasts 140 Moon Missions launching over the next decade to generate US$ 42.3 Billion. As budget announcements with approved appropriations roll out and the ARTEMIS program commits to the first woman, and next man, on the moon by 2024, the major growth areas include orbital and surface infrastructure building.

Singapore, April 20, 2021--A new study sponsored by Inmarsat offers the most comprehensive overview ever of Singapore’s vibrant maritime start-up sector. The Trade 2.0 Singapore Maritime Start-up and Innovation Ecosystem Report, published through the Inmarsat Research Program, is the second country-specific study of start-ups and their impact on maritime digitalisation. 

New York City, NY, April 15, 2021– The World Teleport Association (WTA) today released Coming Out of COVID-19, a new research report that explores the widespread impact that COVID-19 had on satellite and teleport operators around the globe. The report examines the similar and disparate ways technology companies addressed the pandemic with new policies for both internal operations and relations with new and existing customers. It also explores how these companies see the light at the end of the tunnel: what comes after COVID, and how is the industry preparing for it? Coming Out of COVID-19 was sponsored by Telstra.

Dublin, Ireland, April 14, 2021--Amid the COVID-19 crisis, the global market for Minisatellites estimated at US$12 Billion by 2027, growing at a CAGR of 25.5% over the analysis period 2020-2027 according to Research and Markets. Communication, one of the segments analyzed in the report, is projected to record a 26% CAGR and reach US$24 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Remote Sensing segment is readjusted to a revised 28.5% CAGR for the next 7-year period.

Cambridge, Mass., April 12, 2021– NSR’s Wireless Backhaul via Satellite, 15^th Edition report, released today, forecasts $25 billion in annual revenue in 2030 for satellite backhaul, propelled by explosive connectivity demand worldwide and post-COVID-19 recovery in the near term. As it is a core target of virtually every current and new satellite capacity provider, NSR expects Satellite Backhaul to represent one of the largest revenue opportunities for satcom over the next decade.

Paris, France, April 8, 2021--The latest update of “Prospects for the Small Satellite Market” was released this week by Euroconsult, forecasting further growth in the global supply and demand of government, commercial and academic satellites weighing up to 500 kg. The market intelligence report, now in its 7th edition, builds upon Euroconsult’s previous iteration that accurately predicted more than 1,000 satellites would be launched during 2020, a record year despite COVID-19. The new release further reinforces the sentiment that the 2020s will be the decade of small satellites, anticipating the launch of close to 14,000 smallsats before 2030.

Cambridge, Mass., April 7, 2021– NSR’s latest report, Satellite Capacity Pricing Index, 7^th Edition (2021) finds capacity price declines decelerating in 2021, with the global mean price index declining by ~5-6% in Q1 2021, in contrast to ~13% in Q1 2020. This decline is projected to slow further in 2022, with signs of inflation-adjusted price stabilization across several regions, bands, and applications ahead of full deployment and global commercialization of LEO mega-constellations and launch of delayed VHTS programs.

Boston, Mass., April 7, 2021-- Global 8K TV household adoption will begin to build momentum over the next few years, reaching 72 million households by 2025. Following a slower than expected 2020 when just under 350 thousand 8K TVs were sold globally, Strategy Analytics’ forecasting models indicate sales of more than 1 million 8K TVs in 2021 and around 4 million in 2022. North America will be the leading region for 8K TVs by 2025 with close to 25 million households owning at least one 8K TV set. Differences in screen size preference will be a key determining factor in the uptake of 8K TVs in each region with the larger screen markets such as the USA and China seeing the fastest rates of adoption.

by Mayank Halmare

Pune, India, April 6, 2021--CubeSats are miniaturized cubical-shaped small satellites measuring 10x10x10 cm3 - approximately the dimension of the popular Rubik’s cube and weighs around 1 kg. A CubeSat can be used as a single unit (1 U) or in clusters of several units or U’s (1U, 2U, 3U, 6U, 12U, and others). According to Allied Market Research, the global CubeSat market was valued at US$ 184.11 million in 2020, and is estimated to grow at a CAGR of 15.1% during the forecast period (2020-2027).