Americas Markets - Market Trends
The Satellite Industry Association (SIA) released its 24th annual State of the Satellite Industry Report, a study of the satellite industry performance. The report, produced by BryceTech, provides an overview of 2020 activity derived from proprietary surveys, in-depth public information, and independent analysis.
Highlights from the report:
NSR’s Maritime SATCOM Markets, 9th Edition report finds on-going challenges in some segments of the Maritime SATCOM Markets through 2022. While 2020 and 2021 continue to feel the impacts of COVID-19 in segments such as the cruise ship industry, the migration towards HTS-based services accelerates. Switching from MSS Broadband to VSAT connectivity are driving revenues in the near to medium terms.
New research from Parks Associates estimates that between 2014 and 2020, the US pay-TV industry lost over 18 million subscribers, while the broadband market has accelerated, with 40% of US broadband households receiving a standalone service. In 2020, over seven million households dropped their pay-TV services.
NSR’s latest report, Global Satellite Manufacturing and Launch Markets, 11th Edition, sees post-pandemic rebound driven by constellations, innovative technologies, and new services offerings. Over the next 10 years, satellite manufacturing and launch order volumes reach nearly 24,700.
As the Satellite Industry slowly moves past the COVID-19 downturn, NSR’s latest report, Global Satellite Capacity Supply and Demand, 18th Edition, finds key sectors recovering strongly. Driven by Satcom and Big Data gains, in-orbit supply in Non-GEO accelerates from 304 Gbps in 2020 to 172.1 Tbps in 2030 as LEO specific programs materialize.
The satellite payloads market size is projected to grow from USD 3.7 Billion in 2021 to USD 11.3 Billion by 2026, at a CAGR of 24.8% from 2021 to 2026 acording to new research from Research and Markets. The satellite payloads market is growing at a significant rate across the world, and a similar trend is expected to be observed during the forecast period.
A 2018 study by IDG based on a survey of IT executives in developed nations showed just how far adoption of cloud computing had come. By 2020, IDG found that 92% of enterprises had put at least a portion of their computing into the cloud, average annual investment had nearly doubled to $74 million and almost half the applications they were running were purpose-built for the cloud environment.
Ericsson (NASDAQ: ERIC) projects that 5G mobile subscriptions will exceed 580 million by the end of 2021, driven by an estimated one million new 5G mobile subscriptions every day.
The forecast, which features in the twentieth edition of the Ericsson Mobility Report, enhances the expectation that 5G will become the fastest adopted mobile generation. About 3.5 billion 5G subscriptions and 60 percent 5G population coverage are forecast by the end of 2026.
NSR’s latest report, Aeronautical Satcom Markets, 9th Edition (Aero9) sees a rebound on the horizon for significantly impacted aero In-Flight Connectivity (IFC) services, with a U-shaped recovery underway and revenue expected to reach $38.8 Billion through 2030.
Microsatellites and nanosatellites are miniaturized man-made satellites that are used for collecting information about the earth and space, among other uses. According to NASA, these satellites are classified on the basis of their overall mass. Microsatellites are artificial satellites, with a mass of 11–100 kg (including fuel mass) while nanosatellites are artificial satellites weighing between 1 and 10 kg, and measuring around 30 cm × 10 cm × 10 cm. Nanosatellites with standard dimensions (“U” or Units) of 10 × 10 × 11 are known as CubeSats.
