Global Markets - Market Trends
Aerojet Rocketdyne Holdings announced today that it has acquired 3D Material Technologies (3DMT) from ARC Group Worldwide. 3DMT is a provider of additive manufacturing (3-D printing) services to the aerospace, defense, medical and industrial markets.
The FSS industry continues to move towards telecom/data markets, as wholesale revenues derived from video markets continue to erode. Based on the latest market projections, wholesale capacity revenues from telecom applications will surpass video applications by 2021.
NSR’s Aeronautical Satcom Markets, 7th Edition report forecasts inflight connectivity (IFC) will be a US$ 36 Billion market over the next decade, as more airlines outfit fleets with high throughput satellite (HTS) services. However, the IFC market endured a challenging 2018 due to delays in installing equipment, indecisions by airlines, and uncertainty on business models, on top of technical and regulatory hurdles.
After years of decreasing subscription, Digital TV Research has predicted that pay TV penetration in Latin America will start climbing again in 2020.
Two operators dominate Latin American pay TV. America Movil and DirecTV/Sky accounted for nearly half of the region’s pay TV subscribers by end-2018.
A recent study of the online content viewing behavior of Indonesian consumers has revealed that 29% of consumers use a TV box which can be used to stream pirated television and video content. These TV boxes, also known as Illicit Streaming Devices (ISDs), allow users to access hundreds of pirated television channels and video-on-demand content. Such illicit streaming devices often come pre-loaded with pirated applications which are either free or charge low subscription fees, which then provide ‘plug-and-play’ access to pirated content.
Wholesale capacity revenues from telecom applications will surpass video applications by 2021, whose growth is largely supported by the influx of low-cost capacity from new VHTS systems & NGSO broadband in the coming years. As a result, total capacity supply is projected to grow eight-fold from 1.3 Tbps in 2017 to nearly 10 Tbps by 2022.
NSR’s In-Orbit Servicing Markets, 2nd Edition (IoSM2) report, released today, forecasts US$ 4.5 billion in cumulative revenues from In-Orbit Satellite Services by 2028. While growth is anticipated across all applications in all orbits, GEO satellite life extension will yield the largest share of revenues.
The Global Enterprise VSAT (Very Small Aperture Terminal) System market accounts for US$ 3.65 billion in 2017 is expected to reach US$ 7.56 billion by 2026 growing at a CAGR of 8.4%.
A new research by Research and Markets said some of the factors such as high advancement in the technology and increasing usage of satellite services for cross-vertical applications are driving the growth of the market. However, the research concluded, high costs are hindering the market growth.
Asia Pacific OTT TV episode and movie revenues will reach US$ 48 billion in 2024; up from the US$ 21 billion recorded in 2018. According to the Asia Pacific OTT TV and Video Forecasts report, the total will increase by US$ 5 billion in 2019 alone.
China and Japan will account for 71% of the region’s total revenues by 2024. China will command a 57% share by 2024 from the 22 countries covered in the report.
Traditional multichannel video losses swelled in the fourth quarter to push the full-year decline to a new benchmark in changing viewer preferences, a new S&P Global Market Intelligence report has revealed.
Based from Kagan's fourth-quarter 2018 U.S. multichannel subscription report, it was revealed that combined, the cable, direct broadcast satellite (DBS) and telecom multichannel sectors lost nearly 1.1 million subscriptions in the fourth quarter, which pushed the full-year decline to 4 million. DBS services accounted for more than half of the annual loss, the report said.
