Space & Satellite Professionals International (SSPI) today released Flying Higher, its newest video in the Better Satellite World campaign. It explores the unique capabilities that GEO orbit satellites bring to the world every day. Flying Higher is made possible by funding from Hughes.
Americas Markets - Market Trends
The satellite communication landscape is poised for a transformative decade of growth as satellite capacity demand is projected to surge from 3.6 Tbps (TeraBytes Per Second) in 2022 to 51 Tbps in 2032, representing a 31% CAGR (compound annual growth rate), with all data segments expected to observe exponential growth in the next 10 years.
New research from Juniper Research, the foremost experts in telecommunications markets, has found that operators will generate $17 billion of additional revenue from 3GPP (Third-generation Partnership Project)‑compliant 5G satellite networks between 2024 and 2030.
WTA has released its newest research report, Designing the Software-Defined Ground Segment of the Future. The report is free for WTA Members and available for purchase by others. Click here to get the report.
The global satellite communication market is projected to reach US$159.60 billion by 2030, growing at a CAGR of 9.7% from 2023 to 2030 according to new research from Research and Markets.. A surge in the demand for satellite broadband services, particularly in remote and underserved areas is a significant factor contributing to the growth of the market.
Investments in satellite services operating in the 7 GHz to 24 GHz frequency range have generated economic benefits of more than US$ 555 billion, according to a new report by Plum for GSOA. The consulting firm found that ongoing access to these spectrum bands, which are the subject of several agenda items at the forthcoming World Radiocommunication Conference (WRC-23)[1], is of critical importance to the satellite industry and its customers.
This latest forecast from Rethink TV is examining the adoption timeline for codecs in the media and entertainment landscape, focusing on the arrival of VVC, AV1, and eventually AV2. As well as the expected timeline, it charts the expected royalty revenues generated by the patent pools that have formed around these video compression tools, which we expect to reach $2.4 billion in 2030.
The Asia-Pacific (APAC) satellite market is the largest market for satellite services in the world. Extending from the Middle East at the Eurasia border to the vast Pacific ocean, it is not a homogenous market but also the most fragmented market of all the regions in the world. Leading research companies estimate that the APAC market can comprise up t