Market Trends

New York City, September 26, 2023 – Space & Satellite Professionals International (SSPI) today released Flying Higher, its newest video in the Better Satellite World campaign. It explores the unique capabilities that GEO orbit satellites bring to the world every day. Flying Higher is made possible by funding from Hughes.

Hampshire, UK, September 18, 2023 - New research from Juniper Research, the foremost experts in telecommunications markets, has found that operators will generate US$ 17 billion of additional revenue from 3GPP (Third-generation Partnership Project)‑compliant 5G satellite networks between 2024 and 2030.

MarketBrief Report on Teleports sponsored by K-NET

Teleports: The Future is Here Now by Virgil Labrador

Interview with Richard K. Hlomador, Founder and Chief Network Architect, K-NET

To read or download the pdf of full report click here.

Middlesex, UK, September 6, 2023--Asia Pacific OTT TV episodes and movie revenues will reach US$ 49 billion in 2029; up from the US$ 34 billion recorded in 2023. This comes despite China, the world’s second largest market, maturing rapidly and India experiencing SVOD shake-up.

Gothenburg, Sweden, September 1, 2023--According to a new research report from specialist IoT analyst firm Berg Insight, the global satellite IoT communications market is growing at a good steady pace. The global satellite IoT subscriber base grew to surpass 4.5 million in 2022. The number of satellite IoT subscribers will increase at a compound annual growth rate (CAGR) of 39.6 percent to reach 23.9 million units in 2027.

Dublin, Ireland, August 17, 2023--The global satellite communication market is projected to reach US$159.60 billion by 2030, growing at a CAGR of 9.7% from 2023 to 2030 according to new research from Research and Markets..  A surge in the demand for satellite broadband services, particularly in remote and underserved areas is a significant factor contributing to the growth of the market.

Bristol, UK,  August 1, 2023 - This latest forecast from Rethink TV is examining the adoption timeline for codecs in the media and entertainment landscape, focusing on the arrival of VVC, AV1, and eventually AV2. As well as the expected timeline, it charts the expected royalty revenues generated by the patent pools that have formed around these video compression tools, which we expect to reach US $2.4 billion in 2030.

Paris, France, August 1, 2023 - Mobile data usage continues to grow, but at a slower pace, according to new OECD broadband portal data released on 13 July. Data usage per mobile broadband subscription in OECD countries grew 17% in 2022, compared to an average annual growth rate of 29% between 2017 and 2021. Nonetheless, the volume of mobile data usage overall per subscription has doubled in four years, from 4.7 gigabytes per month to 10.4 GB in 2022.

Hong Kong, June 21, 2023 – The Asia Video Industry Association (AVIA) has released the second phase of its research into differences between advertising in premium OTT and mass streaming video environments (UGC / video sharing services).  While phase 1, completed in 2022, looked at consumer usage and attitudes towards advertising in both environments, phase 2 gauged consumer attention and recall to ads in both a premium and mass environment.  Research was conducted between January to April 2023, and conducted by Milieu Insight.

Stockholm, Sweden, June 21, 2023--During the first quarter of 2023, total 5G subscriptions reached 1.1 billion, adding 125 million and projected to reach 1.5 by the end of 2023 according to  the latest Ericsson Mobility Report.