Global Markets - Market Trends
The World Teleport Association (WTA) today released The Virtual Teleport, a new research report that examines the growing adoption and impact of virtualization on the teleport and satellite sector.
Distance and physical barriers are hampering data transmission to remote locations, but new technologies are evolving to break down these barriers.
Pay TV revenues for the 20 countries in the Middle East and North Africa region fell by 14% between 2016 and 2020 to $2.74 billion. Revenues will continue to fall slowly - to $2.52 billion in 2026 according to Digital TV Research. The 2026 revenues will be 23% lower than 2016.
According to Allied Market Research, the global satellite data services market was valued at US$ 5.52 billion, growing at a CAGR of around 19.1% during the forecast period (2020-2027). Satellite data is the process of collecting information about earth through manmade satellites traveling around the earth’s orbit. The most common use ofsatellite data is earth observation.
Nearly 17 million pay TV subscribers will be added in Africa between 2020 and 2026 to take the total to 51 million. Nigeria will be close to 11 million, with South Africa bringing in another 9 million according to new research from Digital TV Research.
Simon Murray, Principal Analyst at Digital TV Research, elaborated: “Multichoice had 15.51 million subs across satellite TV platform DStv and DTT platform GOtv by end-2020. This total will grow to 19.67 million by 2026, with a marked slowdown of satellite TV growth.”
In its latest research product “The Space Economy Report 2020", Euroconsult estimates that the consolidated space economy, including both government space investments, as well as commercial space, totaled US$ 385 billion in 2020, a record amount.
A new report by has found that there will be nearly 2 billion active subscriptions to on-demand video services in 2025; a 65% increase over the end of 2020. The primary engine for this growth will be from traditional broadcasters, who are increasingly turning to streaming services in order to extend their reach and compete with online video giants such as Netflix and Amazon Prime Video.
MarketBrief Report on the Military Satellite Market sponsored by ST Engineering iDirect
A summary of the key trends and satellite solutions for the military market. Featuring:
Military Satellite Report by Elisabeth Tweedie
Case Study on Building a Defense VSAT Network for the Egyptian MoD
Product Spotlight: ST Engineering iDirect's Evolution® Defense
To read or download the pdf of full report click here.
Research and Markets has been monitoring the machine to machine (M2M) services market and it is poised to grow by US$ 131.33 Billion during 2020-2024 progressing at a CAGR of 31% during the forecast period. The report on machine to machine (M2M) services market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
