Market Trends

The Global Airborne SATCOM Market Expected to Grow at a CAGR of 6.6% Reaching US$ 9.8 Billion by 2027

Dublin, Ireland, December 15, 2020--TThe Global Airborne SATCOM market accounted for US$ 5.51 billion in 2018 and is expected to reach US$ 9.80 billion by 2027 growing at a CAGR of 6.6% during the forecast period according to new research from Research and Markets. Rise in long-haul flights and traveller traffic and raise in the number of high-throughput satellites are the major factors propelling the market growth. However, factors such as ultra-compact SATCOM terminals for tactical UAVs and need to improve passenger experience are hampering the market growth.

No Pot of Gold in Commercial Constellations According to Euroconsult

Paris, France, December 9, 2020 – In its latest analysis of satellite manufacturing and launch services, “Satellites to be Built and Launched by 2029", Euroconsult anticipates almost a quintupling in satellite demand in the next decade with an average of 1,250 satellites to be launched on a yearly basis. In comparison to the 260 yearly satellites launched in the previous decade, this skyrocketing number cements the structural changes occurring in the market and the industry, not only in the number of satellites but also in terms of satellite missions and operators, both governmental and commercial.

Satellite VSAT & Broadband Market Remains Resilient, on Path to US$ 217 Billion through 2029

Cambridge, Mass., December 9, 2020--NSR’s VSAT and Broadband Satellite Markets 19th Edition report, released today, finds a resilient market, despite near term COVID-19 challenges and changing Key Performance Indicators.  Limited growth is underway in 2020, and the market remains poised to emerge from the pandemic on a heightened growth path. Cumulative service revenue will grow at 15% CAGR, with US$ 198 Billion in total revenues by 2029, whereas equipment revenue is estimated to grow at 14% CAGR with $20 Billion in revenues, during 2019-2029.

New WTA Report, “Teleports and the 5G Opportunity,” Offers Advice for Seizing Opportunities Created by Growing Deployment

New York City, NY, December 2, 2020-- The World Teleport Association (WTA) today released Teleports and the 5G Opportunity, a new research report that explores market trends in 4G and 5G, the technology and operational requirements for competing in 5G and how meaningful the opportunity for teleport and satellite operators appears to be now and in the coming year.

 

Satellite Capacity Pricing Declines Slows Down, But Pricing Pressures Expected to Increase

Paris, France, December 1, 2020–In its latest research titled, “FSS Capacity Pricing Trends,” Euroconsult reported that the dramatic pricing declines of the past five years have slowed as a result of notable slowdowns in new capacity supply additions. However, intense pricing pressure is expected to return in advance of new capacity coming online in the 2022-23 timeframe.

Big Data Analytics via Satellite to Generate Revenues of US$ 20.7 billion by 2029

Cambridge, Mass., November 24, 2020 – NSR’s Big Data Analytics via Satellite, 4th Edition report, published today, finds continued growth for downstream Big Data applications through the next decade. NSR sees this growth driven by applications built on Earth Observation and M2M/IoT satcom data across multiple market verticals. Despite market downturns in specific verticals and the COVID-19 pandemic, Big Data analytics via satellite will generate close to US$ 20.7 billion in cumulative revenues by 2029.

Fixed Satellite Services Market Continues Downward Trend in 2020; Strong impact of Covid-19 on mobility business of operators

Paris, France, November 18, 2020 – In its annual publication focused on the current and historic performance of Fixed Satellite Services (FSS) companies, Euroconsult reported increased competition and strong impact from COVID-19 in this US$ 10.8 billion market (excluding vertically-integrated operators). Operators are adapting to remain relevant in the long term and to weather the storm in 2020-2021, with the ongoing pandemic impacting the global industry.

Military Satellite MarketBrief

by Elisabeth Tweedie

London, UK, November 6, 2020--Governments and militaries around the world rely on satellite communications, for defense:  Intelligence, Surveillance and Reconnaissance (ISR) and for Morale, Welfare and Recreation (MWR).  The US Department of Defense (DoD) alone, is the largest user of satellite capacity in the world.  Usage is split between MILSATCOM (military) and COMSATCOM (commercial) satellites.  In recent years usage of commercial capacity has been growing, and NSR is predicting a CAGR of almost 32% over a ten-year period to 2028, rising from consumption of 30 Gbps in 2018 to 480 Gbps in 2028.  Bulk leasing will account for almost 40% of that capacity by 2028.  

Military Satellite Market to Grow at a CAGR of 6% Through 2024

Dublin, Ireland, Nov 3, 2020--New research from 360 Market Updates forecast that the military satellite market to grow at a CAGR of 6% through 2025. Global “Military Satellite Market” Report 2020 - 2024. The report provides complete company profiles covering the product offerings, key financial information, current developments, SWOT analysis and strategies employed by the major military satellite market players.