Global Markets - Market Trends
In its new survey titled, “Satellite-Based Earth Observation Market Prospects to 2028”, Euroconsult forecasts that the market for data and services derived from Earth observation (EO) satellites is expected to grow by 9.4 percent each year for the next ten years for a total upside market value of US$ 12.1 billion by 2028.
NSR’s VSAT and Broadband Satellite Markets ,18th Edition report, released today, forecasts healthy revenues in the next decade with Enterprise VSAT gaining a slight edge over Consumer Broadband, accounting for greater than 50% of total revenues. Backhaul & Trunking will be the key application globally, but broadband to households, consumers, and hotspots will account for healthy demand as well.
The World Teleport Association (WTA) released a new report entitled: "Teleports and Big Data." The report quotes NSR which estimates that the biggest markets for big data via satellite will be in transportation, government/military and oil & gas – sectors where teleport operators are deeply embedded. Devices and connectivity are key parts of the mix, but so are applications: formatted data streams and data analytics are the end-products that customers actually need. Success in big data requires teleport operators to evolve beyond connectivity to management of complex networks, sophisticated information processing and a deep understanding of customer requirements.
Research and Markets issued a report entitled "Satellite Transponder Market - Growth, Trends, and Forecast (2019 - 2024)." The report gives a comprehensive overview of the market for satellite transponders globally and forecasts frowth in the next five years.
The total telecom and pay-TV service revenues in Hong Kong will grow at a compound annual growth rate (CAGR) of 0.8% from an estimated US$5.5bn in 2019 to US$5.7bn by the end of 2024. Mobile broadband will be the leading contributor to the country’s total telecom service revenue during 2019-2024, according to GlobalData, a leading data and analytics company.
The total telecom and pay-TV services revenue in Japan is set to grow at a moderate compound annual growth rate (CAGR) of 2.3% between 2018 and 2023, mainly supported by the rising adoption of mobile data, fixed broadband and pay-TV services, says GlobalData, a leading data and analytics company.
Parks Associates will preview the key 2020 trends and topics for connected entertainment and CE during the complimentary webcast “Looking Ahead to 2020: Video Entertainment and CE,” on Thursday, October 17, 1:00 P.M. CT. The research firm notes that watching TV and movies at home is the leading leisure activity among US broadband households, with 70% ranking it in their top three and 34% listing it as their top leisure activity.
The Global Satellite Communication (SATCOM) Equipment market accounted for US$ 22.08 billion in 2018 and is expected to reach US$ 53.79 billion by 2027 growing at a CAGR of 10.4% during the forecast period according to new research by Research and Markets.
New research from Parks Associates, Technology Market Assessment: 5G Network Services, finds that more than 33% of US broadband households cite some level of familiarity with 5G and over 40% of US broadband households are interested in 5G.
The Top 5 Threats to Cybersecurity for Teleports, the second in a series of new reports, calls on cybersecurity experts in Europe, Asia and the United States for guidance on anticipating threats when making cybersecurity decisions. The report addresses the five most common forms of cyberattack that affect businesses of all kinds and teleport operators in particular.
