Global Markets - Market Trends
The satellite manufacturing and launch systems market is poised to register a CAGR of more than 3.5%, during the forecast period 2020-2025 according to Research and Markets.
The commercial aviation industry’s rebound from COVID-19 is underway, with the number of airline flights starting to gradually increase, but widespread recovery could take several years. This is the consensus from a major industry poll conducted as part of FlightPlan: Charting a Course into the Future, an online broadcast by Inmarsat and the Airline Passenger Experience Association (APEX). Despite bracing for a slow recovery, the poll reveals a sense of optimism for the industry’s future, with digitisation expected to drive the return to profitable growth.
According to a recent global survey of broadcasters, 82% believe that cellular networks like 5G will eventually replace traditional broadcast distribution like DTT/DTV and satellite as the preferred way to access TV content, with over a third (37%) of these respondents expecting this to begin happening within 1 to 2 years.
A new study of the online content viewing behaviour of Indonesian consumers, has found a massive 55% reduction in consumers accessing piracy websites over the past ten months. The survey commissioned by the Asia Video Industry Association’s Coalition Against Piracy (CAP) and conducted by YouGov, found that 28% of online consumers currently use piracy streaming websites or torrent sites to access pirated content, far less than the 63% from a similar survey conducted in September 2019.
NSR’s Land Mobile via Satellite, 8th Edition, released today, finds that satcom land mobile markets continue to have a strong future, with over 750,000 new in-service units coming over the next decade, across 9 distinct applications. Many of these units will trend towards higher ARPU levels with enhanced revenue prospects, despite a near-term COVID-19 revenue dip. Connected vehicles play a major role in long
Amid the COVID-19 crisis, the global market for Maritime Satellite Communications estimated at US$ 2.8 Billion in the year 2020, is projected to reach a revised size of US$ 4.6 Billion by 2027, growing at a CAGR of 7.7% over the period 2020-2027 according to Research and Markets.
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The Satellite Industry Association (SIA) today announced the release of the 2020 State of the Satellite Industry Report (SSIR), a global summary of the commercial satellite industry, revealing record-setting growth and economic impact. The 23rd annual report shows that for the second straight year a record number of satellites were launched into space with 386 commercial satellites being deployed into orbit during 2019.
Amid the COVID-19 crisis and the looming economic recession, the Fixed Satellite Services (FSS) market worldwide will grow by a projected US$9 Billion by 2027, driven by a revised compounded annual growth rate (CAGR) of 5.3% according to a new study by Research and Markets.
A study conducted by satellite operator SES shows Satellite TV reception increases by 23% in Nigeria and 19% in Ghana in 2019 since the last study, conducted two years ago. SES has unveiled the results of its annual Satellite Monitor survey, which reveals a steady increase in the penetration of satellite TV across Africa. The study on TV reception also shows an increase in SES reach from 33 million African households in 2018 to 35 million households in 2019.
