Global Markets - Market Trends
The airborne SATCOM market is estimated to be US$ 5.4 billion in 2022 and is projected to reach US$ 7.3 billion by 2027, at a CAGR of 6.5% from 2022 to 2027. Growth of this market can be attributed to increased adoption of SATCOM transceivers, Increasing aircraft deliveries and growing demand for customized SATCOM on the move solutions according to a new report by Research and Markets.
Increase in adoption of SATCOM transceivers
Analysis released by Media Partners Asia (MPA) indicate that total Asia Pacific online video industry revenue will grow by 16% year-on-year in 2022 to reach US$49.2 billion, according to the new report Asia Pacific Online Video & Broadband Distribution 2022, published by MPA.
Analysis released by Media Partners Asia (MPA) indicate that total Asia Pacific online video industry revenue will grow by 16% year-on-year in 2022 to reach US$49.2 billion, according to the new report Asia Pacific Online Video & Broadband Distribution 2022, published by MPA.
The latest update of “Prospects for the Small Satellite Market” was released this week by Euroconsult, forecasting further growth in the global supply and demand of government, commercial and academic satellites weighing up to 500 kg.
The aviation industry is exploring a number of longer-term solutions to meet its commitment for net zero emissions by 2050, including a transition from fossil fuels. However, a new whitepaper by Inmarsat and award-winning aviation journalist Elan Head highlights that the number of practical, immediately-viable options is limited to only two: either simply reduce flying or optimize the efficiency of flight operations.
According to a report published by Allied Market Research, the global commercial satellite imaging market generated US$3.3 billion in 2021, and is estimated to reach US$9.2 billion by 2031, witnessing a CAGR of 11.3% from 2022 to 2031.
NSR’s Maritime Satcom Markets, 10th Edition report finds Satellite Constellations from the likes of SES mPower, Starlink, OneWeb, Telesat Lightspeed, and more, poised to start a new era for maritime satellite connectivity.
NSR’s Global Satellite Manufacturing and Launch Markets, 12th Edition sees global satellite manufacturing and launch market positioned to generate $633B through the next decade.
The World Teleport Association (WTA) released its latest research report entitled "Pros and Cons of the LEO Gateway Business." In this report, WTA examines how the explosive wave of growth in LEO constellations for broadband and Earth observation has given rise to unexpected demand for communication gateways around the world.
New consumer research from Leichtman Research Group, Inc. (LRG) finds that 87% of U.S. TV households have at least one Internet-connected TV device, including connected Smart TVs, stand-alone streaming devices (like Roku, Amazon Fire TV sticks or boxes, Chromecast, or Apple TV), connected video game systems, and/or connected Blu-ray players. This compares to 80% with at least one connected TV device in 2020, 69% in 2017, and 38% in 2012.
