Global Markets - Market Trends
Worldwide pay-TV market growth has slowed over the past few years due to the shift from video consumption to online streaming. The COVID-19 pandemic is further accelerating the cord cutting trend, resulting in higher pay-TV churn in many markets. Global tech market advisory firm, ABI Research, forecasts that the worldwide pay-TV market will see a slight decline from 2019 to reach a 1.07 billion subscriber base in 2020.
New resarch from Digital TV Researc shows that global Pay TV revenues are down while subscriptions are up. Global Pay TV revenues peaked in 2016 at US$ 202 billion. Revenues will fall to US$ 152 billion in 2025. This is lower than 2010’s US$ 175 billion - despite the number of pay TV subscribers rising by 345 million between 2010 and 2025. Revenues fell by US$ 9 billion in both 2018 and 2019.
Amid the COVID-19 crisis, the global market for Commercial Satellite Imaging estimated at US$ 4.4 Billion in the year 2020, is projected to reach a revised size of US$ 8.3 Billion by 2027, growing at a CAGR of 9.4% over the analysis period 2020-2027 according to a new study by Research and Markets.
SVOD revenues for 138 countries will reach US$ 100 billion by 2025; double from the $50 billion recorded in 2019. SVOD revenues will exceed $1 billion in 16 countries by 2025; double from eight countries in 2019, according to new research from Digital TV Research.
NSR’s Satellite-Based Earth Observation, 12th Edition (EO12), released today, finds a limited impact from COVID-19 on the EO market, with the sale of EO data and derived products to reach $8.1 billion annually by 2029. Revenues will be driven by government, military, and financial service-based customers, owing to strong demand and diversity need. Constellations of satellites featuring optical, radar, and new non-imagery datatypes - such as radio frequency monitoring - are expected to dramatically increase the industry’s access to supply and encourage new business models.
NSR’s HTS Satellite Constellations, A Critical Assessment, 3rd Edition report finds a US$ 68 Billion Revenue Potential for HTS Satellite Constellations over the next decade, with varying levels of business case viability. Opportunity exists for SpaceX, OneWeb, mPower, Amazon, and Telesat to build fundamentally sound constellation businesses via high throughput, low latency, ubiquitous coverage and e
Highspeedinternet.com surveyed 1,000 Americans to find out what they believed about today’s latest technologies, including 5G cellular networks and low-Earth orbit satellites from Space X’s Starlink network. Their findings are a little surprising, including:
While pandemic-driven lockdowns may have benefited certain forms of media, the traditional pay TV industry is not one of them. In fact, cable, satellite, and telecom TV providers will lose the most subscribers ever. More than 6 million US households will cut cable this year according to a new study by emarketer.com.
Western Europe will have 191 million SVOD subscriptions by 2025; more than double from 90 million at end-2019. About 35 million subscribers will be added in 2020 alone, with the Covid lockdown having a major effect according to Digital TV Research.
