Market Trends

Bristol, UK, March 29, 2021-- Spectrum allocated to 5G across a wide range of frequencies will stimulate promised new use cases and bring about a rapid growth in private mobile networks. The rate of growth in private networking will be more spectacular than public from a lower base, with 1.56 million private 5G cells deployed by 2027, compared with 1,945 in 2020. Data traffic generated by private 5G networks will explode from 51,115 EB per month globally in 2020 to 77.46 million EB per month in 2027.

Boston, Mass., March 25, 2021–Few mobility technologies hold as much disruptive potential as autonomous vehicles (AVs). Despite having applications in logistics, robotaxis, and personally owned vehicles, AVs have remained on the cusp of transforming the automotive space. The commercialization of self-driving cars would be the biggest technological advancement of the auto industry.

Cambridge, Mass., March 23,  2021--NSR’s Emerging Space Investment Analysis, 3^rd Edition report (ESIA3) released today, shows US$ 7.7 Billion in funding was raised in 2020 alone, bringing the total since 2000 to nearly US$ 36 Billion. “2020 was definitely a record year for space investment, with M&As, exits, and new rounds closing as we witnessed more enthusiasm and optimism in the prospect for the Space market” states Shivaprakash Muruganandham, NSR Senior Analyst and report lead author.

Khandwa, India, March 22, 2021--According to a new report published by Trends Market Research entitled, "Commercial Satellite Imaging Market by Application, End User, and Region: Global Opportunity Analysis and Industry Forecast, 2019-2026," The global commercial satellite imaging market was valued at US$ 2.24 Billion in 2018, and is expected to reach US$ 5,25 Billion by 2026, registering a CAGR of 11.2% from 2019 to 2026.

Khandwa, India, March 15, 2021--According to a new report published by Trends Market Research  (TMR) entitled, "Small Satellite Market by Type, Application, and End-User: Global Opportunity Analysis and Industry Forecast, 2019-2026," the small satellite market accounted for revenue of $3.63 Billion in 2018 and is anticipated to generate $15.68 Billion by 2026. The market is projected to experience growth at a CAGR of 20.1% from 2019 to 2026.

Cambridge, Mass., March 10, 2021 – The new NSR Global Space Economy report, launched today, finds a cumulative space and satellite market revenue opportunity of more than $1 Trillion between 2019 and 2029. There is an expanding need for space-based services to satisfy needs in orbit and on earth fueled by expanding requirements for everything from space-enabled Big Data Analytics missions, to commercial crew missions to the ISS, to “classical” connectivity use-cases.

Dublin, Ireland, March 5, 2021--Amid the COVID-19 crisis, the global market for satellite modems is estimated at US $323.3 Million in the year 2020 and is projected to reach a revised size of US$441.7 Million by 2027, growing at a CAGR of 4.6% over the period 2020-2027 according to Research and Markets.

Dublin, Ireland, March 1, 2021--The satellite connectivity industry analysis projects the market to have significant growth of CAGR of 13.09% based on the values during the forecast period from 2020 to 2027 according to new research from Research and Markets. The market is projected to reach US$ 84.88 Bil. by 2027.

Dublin, Ireland, February 16, 2021--The global fixed satellite services (FSS) market reached a value of US$ 21.7 Billion in 2020 according to a report by Reseach and Markets. The report expects the global fixed satellite services (FSS) market to exhibit a moderate growth during 2021-2026.

Cambridge, Mass., February 8, 2021--NSR’s newly released Optical Satellite Communications, 3rd Edition (OSC3) report projects a US$ 3 Billion cumulative revenue opportunity through 2030 for laser communication terminals (LCTs) in both space and airborne markets.   The Optical Satcom market is largely equipment-centric, with a significant portion of the revenue flow going to LCT manufacturers. Success in this market will be heavily dependent upon non-GEO constellation operators’ ability to launch and close their business cases, as well as market adoption from government / military institutions looking for alternative solutions in RF-denied environments.