NSR’s Quantum Communications via Satellite (QCvS) Report, launched today, finds the potential to deliver unlimited security boosting satellite-based quantum communications to a revenue opportunity of US$ 2.6 Billion by 2030 with Banking, Energy, and Goverment/Military as the primary target markets for services adoption.

Boeing [NYSE: BA] today released its annual forecast for the commercial, defense and space aerospace market, reflecting signs of the industry's recovery following the impacts of COVID-19. The 2021 Boeing Market Outlook (BMO) – Boeing's analysis of long-term market dynamics – states that commercial airplanes and services are showing signs of recovery, while the global defense, space and government services markets have remained stable.

The Asia Video Industry Association hosted its country-focused virtual conference, Vietnam in View, on 8 September, to over 320 international and local speakers and delegates, sharing great optimism in a country that has arguably proven itself as one of the more resilient economies in Southeast Asia.

NSR’s Quantum Communications via Satellite (QCvS) Report, launched today, finds the potential to deliver unlimited security boosting satellite-based quantum communications to a revenue opportunity of US$ 2.6 Billion by 2030 with Banking, Energy, and Goverment/Military as the primary target markets for services adoption.

According to a new report published by Trends Market Research entitled, “Satellite Services Market by Type, and End-User Industry: Global Opportunity Analysis and Industry Forecast, 2019–2026,” the satellite services market accounted for revenue of US0$ 126.5 billion in 2018 and is anticipated to generate US$ 144.5 billion by 2026. The market is projected to experience growth at a CAGR of 2.2% from 2019 to 2026.

Military operations have integrated satellite technology as a crucial part of their operations on land, air, and sea for over half a century. And the United States is one of the leading countries followed by Russia and several European nations in boosting space applications for military. But the world is slowly shifting from a US centric sphere, primarily due to ease in accessibility of resources, increased cooperation between non-allied nations, and rapid innovation the technological sector.

According to NSR the Satellite Communication Government and Military market will be reaching an overall revenue of US$ 93 billion by 2029. The increasing need for resilient and real-time connectivity from the Government and Military Sector for Intelligence, Surveillance, and Reconnaissance (ISR) and Command and Control (CC) functionalities, lead to robust ground infrastructure, to enable new applications to enhance operations. 

Ground equipment and services, spacecraft, and satellite launch segments are considered as the three major pillars of the space industry. The global space market was valued at around US$ 300 to $400 billion, which constitutes the satellite as well as non-satellite segments of industry.

Satellite Data Services

NSR’s M2M and IoT via Satellite, 12^th Edition (M2M12) report forecasts the dedicated IoT constellations market reaching US$ 990 million in annual total retail revenues by 2030, reflecting ~44 % of the total satcom IoT market.  Due to the low cost of Smallsat IoT terminals and ongoing subscription fees to end users, a conservative scenario sees Smallsat IoT representing 71% of global in-service units (~13 million) by 2030, with much highe

Durham, NH, September 1, 2021—New consumer research from Leichtman Research Group, Inc. (LRG) finds that 78% of all U.S. households have a subscription video on-Demand (SVOD) service from Netflix, Amazon Prime, and/or Hulu – compared to 78% in 2020, 74% in 2019, and 59% in 2016.  

Among those that have any of these three SVOD services, 74% have more than one – compared to 70% in 2020, 69% in 2019, and 47% in 2016.  Overall, 58% of U.S. households now have more than one of these SVOD services – compared to 55% in 2020, 51% in 2019, and 28% in 2016.