Market Trends

New York, NY, Dercember 1, 2021--According toABI Research, the serviceable addressable market (SAM) for global satellite broadband over geostationary (GEO), medium earth orbit (MEO), and low earth orbit (LEO) satellites will stand at 330 million premises, equivalent to 1.3 billion household members in 2026.

Geneva, Switzerland, December 1, 2021--New data from the International Telecommunication Union (ITU), the United Nations specialized agency for information and communication technologies (ICTs), ​​​​showed that an estimated 37 per cent of the world's population – or 2.9 billion people – have still never used the Internet. The ITU report also revealed strong global growth in Internet use, with the estimated number of people who have used the Internet surging to 4.9 billion in 2021, from an estimated 4.1 billion in 2019. ​​​​An estimated 37 per cent of the world's population – or 2.9 billion people – have still never used the Internet.

Dublin, Ireland, November 23, 2021--The Satellite Transponder Market was valued at US$ 17.01 billion in 2020 and is expected to reach US$ 23.19 billion by 2026, at a CAGR of 5.3% over the forecast period 2021 - 2026 acording to new reserach from Research and Markets. Satellite transponders are minor chip size circuits that are integrated into satellites for the purpose of transmitting the uplink data or information to the downlink and vice-versa.

Cambridge, MA - November 22nd, 2021 – NSR’s newly released Big Data Analytics via Satellite, 5^th Edition (BDvS5) report sees EO and M2M/IoT Satcom Big Data applications driving Big Data market revenues to over US$ 22.1 Billion through next decade. As value chain evolution ramps up opportunity across the Big Data Market, nascent markets rapidly adapting to new standards propel Big Data adoption across multiple regions.

New York City, NY – November 11, 2021–The World Teleport Association (WTA) today released How to Profit from Customers’ Digital Transformation, a new research report that explores the status of digital transformation in the industry and the benefits and challenges it presents.

Cambridge, Mass., November 10, 2021 – NSR’s newly released Government and Military Satellite Communications, 18^th Edition report finds that despite COVID-19, troop drawdowns in the Middle East and ongoing pricing compression, demand for connectivity will continue to grow in the long term. At over US$ 6.6 Billion in revenue in 2020 – the market was at the tail end of its growth phase and is now entering a short-medium term shaped by many factors.  

Cambridge, Mass.,November 3, 2021 – NSR’s Satellite Industry Financial Analysis, 11^th Edition report, launched today, projects the global satcom industry contracted by 2.3% in FY2020 to USD $13.4 Billion. While continuing sector trends such as a weakening DTH sector and COVID-19 impacts on aeronautical and maritime markets drove declines, enhanced revenue from spectrum leases, consumer broadband, backhaul and government services point to growth potential on the horizon.

Dublin, Ireland, November 2, 2021--The Satellite Communication (SATCOM) Equipment Market is projected to grow from US$ 22.0 billion in 2021 to US$ 53.7 billion by 2026, at a CAGR of 19.6%. SATCOM equipment is an integral part of the communication in commercial and defense industries according to new research from Research and Markets.

Paris, France, November 1, 2021-- Euroconsult's flagship report, Satellite Connectivity & Video Market is now available. The report provides an in-depth analysis of the satellite communication sector, particularly regarding the use of commercial satellite capacity. This publication includes historic figures and 10-year forecasts for capacity supply, capacity leased, capacity revenue and the cost of capacity per unit.

Dublin, Ireland, November 1, 2021--According to new research from Research and Markets entitled “Global 5G Satellite Communication Market Analysis, 2021, the market is likely to grow at a CAGR of around 28.91% during 2021-26. It owes to the significant changes in the consumer demand for better and improved bandwidth, seamless connectivity, and low latency. Additionally, high-speed internet connectivity and enhanced safety measures to support multiple end-user industries like aviation, transportation & logistics, consumer electronics, energy & utilities, and heavy industries are also crucial factors further propelling the market growth.