Euroconsult, a global strategy consulting and market intelligence firm specialized in the space sector and satellite-enabled verticals, has launched its latest white paper, "Beyond the Stars: The Middle East’s Space Ecosystem on the Move." This in-depth analysis reveals the astounding growth potential of the Middle East's space sector, projecting a monumental surge to US$ 75 billion by 2032, reshaping the global space narrative.

A New Space Ecosystem Emerges

The number of pay TV subscribers in Africa will climb by 12 million between 2023 and 2029. This means an extra 7 million pay satellite TV subscribers and 5 million more pay DTT homes.

The pay total will reach 55 million by 2029, with satellite TV contributing 33 million and DTT 21 million. From the 43 million pay TV subscribers at end-2023, 26 million were satellite TV and 16 million DTT.

Parks Associates’ latest update of the firm’s Streaming Video Tracker reveals that just 5% of US internet households have only a pay-TV service, indicating legacy pay-TV companies continue to lose subscribers to streaming video services. However, the average annualized industry churn rate for streaming services is 50%, meaning many streaming services are also struggling to keep their customers.

The leading strategic space consulting and market intelligence firm Euroconsult has released the 23rd edition of its annual Government Space Program report confirming the growing financial efforts achieved by governments in the space sector. Keen to capitalize on the expanding space economy and to further strengthen their sovereign capabilities, government space expenditures have increased to $117 billion, a 15% increase compared to last year.  

The Market for Commercial Satellite Imaging was valued at US$ 3.8 Bn in 2022 and is projected to reach US$ 7.0 Bn by 2031, expanding at a compound annual growth rate (CAGR) of 7.6% between 2023 and 2031.

Euroconsult  announced the release of its highly anticipated 26th edition flagship report, "Satellites to be Built and Launched. This edition forecasts an average of over 2,800 satellites launched annually – equivalent to 8 satellites per day and totaling a mass of 4 tons - between 2023 and 2032. The report sheds light on the long-term dynamic of the satellite market, emphasizing sustained demand, the concentration of NGSO constellations, and the seismic shifts caused by a handful of mega constellations, with a particular focus on the short-term bottleneck faced by established vendors.

​​​​​​​Global SVOD subscriptions will increase by 321 million between 2023 and 2029 to reach 1.79 billion – showing continued growth. The US will add 30 million subscriptions, following by Brazil (up by 23 million) and India (27 million) according to a new report by Digital TV Research

​​​​​​​As global economic landscapes continue to navigate challenges posed by inflation, geopolitical tensions, and the residual effects of pandemic-related disruptions, the Earth Observation (EO) market is undergoing a transformative phase, reflecting both setbacks and opportunities for industry players worldwide.

The latest Ground Segment Market Prospects (04th Edition) from Euroconsult reveals promising trends in the ground segment market from 2023 to 2032. However, the situation is concentrated, regarding the considered market segments.

​​​​​​​The past decade has seen Social Media platforms completely transform from communication tools, with sprinklings of entertainment, into fully-fledged entertainment hubs. Rethink TV believes this transition is still in its early days, meaning that Social Media is a key player in the power vacuum that is following the decline of Pay TV where, too often, the SVoD, AVoD and FAST branches of Long-form OTT are considered to be the only contenders.