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.

There will be 15 million SVOD subscriptions across 13 Arabic countries by 2026, up from 8.61 million in 2021 according to Digital TV Research.

Netflix will bring in more subscribers than second-place OSN and third-placed StarzPlay combined. [Disney+ will not start in the Arabic countries due to its deal with OSN].

There is absolutely no doubt that the Internet of Things (IoT) is a rapidly growing business.  Whether we’re consciously aware of it or not, digital transformation is impacting all aspects of daily life.  Connected devices are becoming pervasive; from refrigerators that let you know when you’re going to run out of milk, to sensors monitoring the moisture content of soil; from self-driving cars, to tags tracking the movement of containers, across oceans and continents.  A recent study from Fortune Business Insights projected that the global IoT market would reach US$ 1,854.76 Billion by 2028, up from US$ 308.97 Billion in 2020, a CAGR of over 25%.  NSR is predicting that the total retail market for satellite IoT is also forecast to experience significant growth, reaching around US$ 1.8 billion by 2029, up from around US$ 700 million in 2020.  

Parks Associates today announced that the number of OTT subscriptions in the US will increase from nearly 230 million in 2021 to more than 277 million in 2026, an increase of over 20% in five years. The new whitepaper, The Evolving Digital Media Landscape, developed in partnership with Everise, also reveals that 80% of millennials and Gen Zers say they view video on more than one platform at least monthly.

New research from Trends Market Research projects the Nanosatellite and Microsatellite Market to reach US$ 3.83 Billion by 2027. This report studies the Nanosatellite and Microsatellite market, covering market size for segment by type (Nanosatellite, Microsatellite, etc.), by application (National Security, Science & Environment, etc.), by Sales Channel (Direct Channel, Distribution Channel), by player (Lockheed Martin, Northrop Gruman, Raytheon

Research and Markets released a new report on the Global Mobile Satellite Services (MSS) Market. The MSS market was valued at US$ 3.50 Billion in 2019 which is expected to reach US$ 5,52 Billion by 2027 at a CAGR 6.5%.