Global Markets - Market Trends
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.
The satellite communication landscape is poised for a transformative decade of growth as satellite capacity demand is projected to surge from 3.6 Tbps (TeraBytes Per Second) in 2022 to 51 Tbps in 2032, representing a 31% CAGR (compound annual growth rate), with all data segments expected to observe exponential growth in the next 10 years.
New research from Juniper Research, the foremost experts in telecommunications markets, has found that operators will generate $17 billion of additional revenue from 3GPP (Third-generation Partnership Project)‑compliant 5G satellite networks between 2024 and 2030.
The Asia Video Industry Association (AVIA), with Dr Paul Watters of Cyberstronomy, have released a new report, “Consumer Risks from Piracy in the Philippines”, that once again highlights the possible dangers Filipino consumers face when accessing pirate sites.
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.
![]()
Asia Pacific OTT TV episodes and movie revenues will reach $49 billion in 2029; up from the $34 billion recorded in 2023. This comes despite China, the world’s second largest market, maturing rapidly and India experiencing SVOD shake-up.
The global satellite communication market is projected to reach US$159.60 billion by 2030, growing at a CAGR of 9.7% from 2023 to 2030 according to new research from Research and Markets.. A surge in the demand for satellite broadband services, particularly in remote and underserved areas is a significant factor contributing to the growth of the market.
![]()
Investments in satellite services operating in the 7 GHz to 24 GHz frequency range have generated economic benefits of more than US$ 555 billion, according to a new report by Plum for GSOA. The consulting firm found that ongoing access to these spectrum bands, which are the subject of several agenda items at the forthcoming World Radiocommunication Conference (WRC-23)[1], is of critical importance to the satellite industry and its customers.


