Market Trends

Paris, France, November 30, 2023--As global economic landscapes continue to navigate challenges posed by inflation, geopolitical tensions, and the residual effects of pandemic-related disruptions, the Earth Observation (EO) market is undergoing a transformative phase, reflecting both setbacks and opportunities for industry players worldwide.

Paris, France, November 7, 2023 – The latest Ground Segment Market Prospects (04^th Edition) from Euroconsultreveals promising trends in the ground segment market from 2023 to 2032. However, the situation is concentrated, regarding the considered market segments.

Bristol, UK., November 1, 2023 - The past decade has seen Social Media platforms completely transform from communication tools, with sprinklings of entertainment, into fully-fledged entertainment hubs. Rethink TV believes this transition is still in its early days, meaning that Social Media is a key player in the power vacuum that is following the decline of Pay TV where, too often, the SVoD, AVoD and FAST branches of Long-form OTT are considered to be the only contenders.

Middlesex UK, October 12, 2023 - Global Free Advertising Supported TV (FAST) revenues for TV series and movies will reach US$ 17 billion in 2029, up from $8 billion in 2023. The US will contribute 38% to the 2029 total; down from 56% in 2023 according to Digital TV Research.

Paris, France, October 2, 2023 - Lunar exploration is the catalyst behind an unprecedented surge in the space exploration sector which saw global government investment rise to an impressive US$ 26 billion during 2023. Ambitious lunar missions are projected to boost investment to nearly US$ 33 billion by 2032, a growth trajectory which underscores lunar exploration's pivotal role in shaping the future of space exploration. The figures are revealed in the just published fourth edition of Euroconsult's 'Prospects for Space Exploration' report.

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.

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.