Global Markets - Market Trends
The global satellite modem market is estimated to grow from US$ 403 million in 2021 to reach US$ 710 million by 2026; it is expected to grow at a CAGR of 12% from 2021 to 2026 according to Research and Markets.
The satellite modem market for MCPC modem is expected to grow at a higher CAGR from 2021 to 2026. The growth of this segment is attributed to the unparalleled channel efficiency offered by these modems, which is the core requirement of high-data-traffic applications, such as mobile communication, internet, and broadband services.
Pay TV revenues for 20 countries in the Middle East and North Africa region will fall by 38% between peak year 2016 (US$ 3.84 Billion) and 2027 (US$ 2.39 Billion) according to a new report by Digital TV Research.
Euroconsult, the leading space consulting and market intelligence firm, has released its eagerly awaited ''Earth Observation Satellite Systems Market'' report, providing a sweeping review analysis of the Earth Observation (EO) upstream ecosystem and breaking down government and commercial programs in exhaustive details.
Africa will add 18 million pay TV subscribers between 2021 and 2027 to take the total to 57 million according to a new report from Digital TV Research. Subscriber numbers will climb by 46% over this period, but pay TV revenues will rise by only 35% – indicating that subscribers will pay less. Pay TV revenues will reach $6.46 billion by 2027, up from $4.78 billion on 2021.
Space consulting and market intelligence firm Euroconsult has released its highly anticipated “Government Space Programs” report for 2021. The highlight of this year’s findings is a continued, even accelerated, volume of governmental investment in the space sector, driven by two major drivers: ambitious space exploration programs by leading space countries, and rivalries driving the militarization of space.
NSR’s newly released Space Tourism & Travel Markets, 3rd Edition (STT3) report sees over 57,500 passengers heading to space through the decade, generating $20.3 Billion cumulative revenues.
The SATCOM on the move market is projected to grow from US$ 17.7 billion in 2021 to USD 42.8 billion by 2026, at a CAGR of 19.3%. SATCOM equipment is an integral part of the communication in commercial and defense industry according to a new report by Markets and Markets.
Dataxis has recently published its report on the Fixed Satellite Services (FSS) civil communications market. After years of significant growth, the decline in traditional video activity in the most developed countries is being sustained, resulting in a limited but steady decline in the turnover of FSS operators. The outlook for the future is equally becoming more pronounced.
NSR’s newly released Global Satellite Ground Segment, 6th Edition report, finds strong post COVID-19 return to growth for the Ground Segment, illuminating a massive increase in upcoming satellite capacity supply. With a double-digit growth forecast, cumulative industry revenues reach US$ 147 Billion through 2030.
Euroconsult has released its “Satellites to be Built & Launched” report for 2021, the latest edition in a series that has consistently set the industry benchmark for analysis of the satellite market. The 17,000 satellites expected to be launched in the next ten years represents a fourfold increase over past decade, reflecting structural changes in the whole space ecosystem and a limited short-term impact of the pandemic.
