With the most serious restrictions of COVID-19 now generally in the rearview mirror, leading market intelligence firm Euroconsult estimates that maritime connectivity sectors have mostly recovered from the pandemic’s influence on supply chains and vessel activity at the end of 2022. According to Euroconsult’s forecasts, maritime satellite communication operators are expected to surpass $1.1 billion in revenues by 2032 at a 7% CAGR over the decade.
Global Markets - Market Trends
It is only over the last 20 or so years that the movie industry has made the switch to digital, foregoing costly and cumbersome celluloid reels and hard drives for digitally projected films. In that time, the way that those movies files are distributed has advanced dramatically.
An emerging set of in-orbit services aimed at increasing flexibility, sustainability, and safety for satellite operators from launch to end of life, could materialize into a space logistics ecosystem featuring frequent service interactions between spacecraft in orbit, according to leading space consultancy and market analysis firm Euroconsult in its recently published ‘Space Logistics Market’ report (2nd edition).
IABM has released its latest State of MediaTech Report at NAB Show 2023. The full report is available to IABM members and a summary version for non-members can be accessed at http://theiabm.org/state-of-mediatech-report-nab-2023. The report is based on extensive quantitative and qualitative research and surveys carried out by IABM’s Business Intelligence Unit over the preceding months, and gives an authoritative overview of the state of MediaTech from both media company and vendor perspectives.
The World Teleport Association (WTA) today released Ground Segment: Just a Service?, a new research report that examines the differing business models of today’s ground-segment-as-a-service (GSaaS) providers, the markets they serve, and the issues around integrating a teleport’s physical and data systems with this new class of service providers.
Internet usage has doubled in the past eight years, with an estimated 67% of the world population using broadband services in 2022, according to the world’s leading authority on space and satellite-based applications markets, Euroconsult. From access to public services such as remote health advice to remote working and learning and the ability to communicate opinions and share information, universal connectivity has become an increasing priority for governments across the globe.
The most developed country in Sub-Saharan Africa, should finally switch off its analogue TV signal, 8 years after the original deadline fixed by the International Telecommunication Union (ITU). Indeed, on 16 June 2006, the ITU signed an agreement with 54 African countries to switch off the analogue TV signal by 17 June 2015.
Connected Car Revenues To Quadruple by 2030 at $244 Billion.
Car connectivity will accelerate over the next 7 years and reach 828.7 million, triple the 279.3 million of 2022, as old models are retired and embedded mobile network access becomes standard on ever more vehicles rather than just luxury models. Revenues derived from car connectivity will increase even more sharply and quadruple to $244 billion by 2030, as 5G access becomes increasingly prevalent to deliver added value services such as Ultra HD streaming and more ADAS (Advanced Driver Assistance System) features.
At Q3 2022, OTT pay TV and IPTV offers crossed the 50% penetration of pay TV subscriptions mark in Western Europe, highlighting the continuous progression of OTT services and its adoption by telecom operators.
Traditional premium satellite intensify their shift towards OTT