Market Trends

The Military Satellite Market

by Omkar Nikam
 
Strasbourg, France, September 6, 2021--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.

SmallSat IoT to Become a US$ 1 Billion Market Annually

Cambridge, Mass., September 2, 2021 – NSR’s M2M and IoT via Satellite, 12th 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 higher market share if the stars align properly.

15 million Arabic SVOD subs by 2026

London, UK, September 1, 2021--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.

Satellite Internet of Things Market

by Elisabeth Tweedie

Los Angeles, Calif., August 27, 2021--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.  

Nanosatellite and Microsatellite Market is Projected to Reach US$ 3.83 Billion by 2027

London, UK, August 24, 2021--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, Dynetics, Surrey Satellite Technology, etc.) and by region (North America, Europe, Asia-Pacific, South America and Middle East & Africa).

Global Mobile Satellite Services (MSS) Market to Grow at CAGR of 6.5% through 2027

Dublin, Ireland, August 19, 2021--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%.

Satellite Launch Vehicle Market to Grow at a CAGR of 4.2% through 2026

London, UK, August 11, 2021--According to new research from  Trends Market Research, the Global Satellite Launch Vehicle Market will grow  at a  Compounded Annual Growth Rate (CAGR) of 4.2% from 2017 to 2026. Growing remote sensing applications is one of the major factor fuelling market growth. However, regulatory norms restricting the knowledge and resources sharing of technologies related to the launch owing to mission-critical applications are restricting the market growth.

Global 5G Connections to Reach 3.2 Billion by 2026

Hampshire, UK, August 10,  2021: A new study from Juniper Research has found that the total number of 5G connections will reach 3.2 billion by 2026; rising from 310 million in 2021. To maximise the monetisation of this significant growth in connections, it predicts that operators will accelerate investment into standalone 5G networks to best position their services to manage future capacity. Standalone 5G networks leverage next-generation technologies, such as network orchestration tools, to enable operators to monetise data-intensive use cases, like remote healthcare and mobile gaming.

A Nearly US$17 Billion Opportunity for Flat Panel Satellite Antennas Over the Next Decade

Cambridge, Mass, July 28, 2021–NSR’s Flat Panel Satellite Antenna Analysis, 6th Edition report, released today, sees over 6M cumulative FPA shipments generating nearly $17B in equipment revenues over the next decade. The growing Non-GEO HTS Consumer Broadband market will yield nearly 5 million in shipments alone, driven by the growing number of HTS constellations expected over the next ten years.

New WTA Report, “Service Automation and Orchestration for Teleport Operators,” Explores the Power of Process Automation

New York City, NY, July 22, 2021–The World Teleport Association (WTA) today released Service Automation and Orchestration for Teleport Operators, a new research report that shares insights from thought leaders around the industry on the power of process automation to drive high QOS, revenue growth and new business models. In the report, executives share their experiences and discuss a range of topics from the role of service orchestration, where it can be applied for the most benefit and key steps to doing so successfully. The report was sponsored by Kratos Defense & Security Solutions.