Market Trends

Global International Travel Trips to Reach 84% of Pre-Pandemic Level in 2023, as China Leads Recovery Growth

London, UK, January 24, 2023 - Kaleido Intelligence’s International Travel Data Hub 2023 predicts a substantial increase in annual inbound and outbound international travel numbers in 2023, representing a 165% growth over 2020, with global trip volume reaching over 1.7 billion.

New CIR Report Predicts Next-generation Optical Transceivers to Generate US$ 12.2 Billion in 2028

Crozet, Va., January 24, 2023 -- Communications Industry Researchers (CIR) has issued a new report providing coverage of next generation optical transceivers. Embedding new approaches--such as coherent optics, co-packaged optics, and more efficient designs—next generation transceivers will be better suited to the needs of the network as demand increases and applications become more latency sensitive. According to CIR's new report next-generation transceivers will generate US$ 12.2 Billion by 2028 compared to US$ 6.0 Billion in 2023.

MENA to add 2 million pay TV subs

London, UK, January 21, 2023--The number of pay TV subscribers in 20 MENA countries will increase from 17.32 million in 2022 to 19.20 million in 2028. Legitimate pay TV penetration will remain at only 19%. IPTV subscribers overtook pay satellite TV in 2022 according to new research from Digital TV research.

Euroconsult Report Addresses Challenges and Potential of Optical Communications for Nascent Space Applications Market

Paris, France, January 17, 2023 - Inter-satellite communications via optical links are rapidly becoming the preferred means of transmission in space. This is opening up a dynamic new market for optical communications terminals and inter-satellite links driven by the growing number of NGSO broadband constellations. Euroconsult’s newly released report ‘Optical Communications Market’ contains market-leading in-depth analysis of the equipment and solutions using optical links, with the 1st edition purposefully held back until now to ensure that the emerging market is best represented.

Value of Space Economy reaches US$ 424 billion in 2022 despite new unforeseen investment concerns

Paris, France,  January 9, 2023--The fast growing commercial space sector enjoyed another year of significant growth and productivity during 2022, but did not escape unscathed from rising geopolitical tensions and operational challenges caused by inflation, high interest rates and the after-effects of previous years’ pandemic lockdowns on supply chains, according to Euroconsult.

The Optical Satellite Communication Market to Reach US$ 22.55 billion in 2026

Dublin, Ireland, December 26, 2022--The global optical satellite communication market is expected to grow from US$ 8.50 billion in 2021 to US$ 10.46 billion in 2022 at a compound annual growth rate (CAGR) of 23.1%. The optical satellite communication market is expected to reach US$ 22.55 billion in 2026 at a CAGR of 21.2% according to Research and Markets.

Global Market for Commercial Earth Observation Data and Services to Reach US$ 7.9 billion by 2031

Paris, France, December 16, 2022 – Euroconsult’s latest ‘Earth Observation Data & Services Market’ report provides a global assessment of the EO satellite-based commercial demand for imagery and value-added services, with expanded granularity by user type, including now a finer breakdown between B2B and B2G, across the 32 vertical subsegment applications in 8 regions and by more various sensor typologies.

New Record in Government Space Defense Spendings Driven by Investments in Space Security and Early Warning

Paris, France,  December 15, 2022 - Leading space consulting and market intelligence firm Euroconsult has released the 22nd edition of its annual “Government Space Programs” report this week, evidencing a continued increase in global governments’ space budgets. This year has seen a cumulative spend of $103B in 2022, a 9% increase since last year and a record high for the sector. Despite the recent pandemic crisis, governments have increased their investments in the sector to further support the development of their industry and sustain their ambitions.  

Satellite Demand to Quadruple Over the Next Decade

Paris, France, December 12, 2022 - The latest update of Satellites to be built and launched released this week by Euroconsult forecasts a fourfold growth in the number of satellites driven by commercial constellations. The market intelligence report, now in its 25th edition, anticipates over 2,500 satellites to be launched on average every year – or 7 satellites a day totaling 3 tons of mass - over 2022-2031. Civil government and defense customers will remain legacy customers, holding the largest market value of $29 billion every year with three-quarters of the demand in manufacturing and launch. The six leading space faring governments or organizations alone (U.S, China, Russia, Japan, India and European governments, EU and ESA) will account for two third of the demand in value. 

MPA Report: APAC Ex-China Pay-TV Revenues to Reach US$35B by 2027, a CAGR of 1.7%

Singapore, December 5, 2022--A new report published today by Media Partners Asia (MPA) indicates that ex-China, Asia Pacific pay-TV subscriber growth will be relatively flat in 2022 with an estimated 106,000 subscribers cutting the cord. Cord cutting peaked between 2019 and 2021 with an aggregate 9.1 mil. subs cancelling subscriptions, according to MPA analysis, driven by erosion in key markets such as Australia, Malaysia and Thailand as well as the contraction of the cable universe in India. Going forward, MPA estimates 1.0 mil. net new subs being added in total over 2022-27, driven by India and parts of South and Southeast Asia but partially offset by contraction in all other regions. India and the Philippines will lead in terms of net new subscriber growth over the 2022-27 period.