Global Markets - Market Trends
NSR’s Emerging Space Investment Analysis, 3rd 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.
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.
The Asia Pacific region will have 630 million pay TV subscribers by 2026, up from 609 million at end-2020. India will add 21 million. China and India together will have nearly 500 million subs according to Digital TV Research. The number of TV households will grow by 54 million to 979 million.
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.
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.
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.
Leichtman Research Group, Inc. (LRG) found that the largest pay-TV providers in the U.S. – representing about 95% of the market – lost about 5,120,000 net video subscribers in 2020, compared to a pro forma net loss of about 4,795,000 in 2019.
Pay-TV service revenue in Asia-Pacific is set to drop from US$61.6bn in 2020 to US$60.8bn in 2025 due to slowdown in pay-TV household penetration, continued decline in Cable TV subscriptions and fall in average spend per pay-TV account in the region, according to GlobalData.
North American OTT TV episode and movie revenues will reach US$ 94 billion in 2026; nearly twice as much as the US$ 49 billion in 2020 according to Digital TV Research. The US - the world’s most mature market - will increase by US$ 42 billion to US$ 88 billion. Canada will double to US$ 5.4 billion.
Simon Murray, Principal Analyst at Digital TV Research, said: “SVOD and AVOD revenues will each increase by $22 billion between 2020 and 2026. AVOD revenues will triple to US$ 33 billion. SVOD will remain the main revenue source, supplying US$ 54 billion by 2026.”
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.
