Maritime bandwidth capacity demand set to increase twentyfold by 2032
Paris, Washington D.C., Montreal, Yokohama, Sydney, May 4, 2023. 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. Though some service providers will see a fall in their average revenue per unit (ARPU), total service revenues are expected to grow at a similar CAGR, falling slightly short of $3 billion by 2032.
Growing flexibility and sustainability requirements in space to drive space logistics revenues to $4B over 2023 to 2032
Paris, Washington D.C., Montreal, Yokohama, Sydney, April 17, 2023. 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).
2.6 billion remained unconnected to broadband at the end of 2022 – a $74 billion untapped opportunity
Paris, Washington D.C., Montreal, Yokohama, Sydney, April 12, 2023. 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.
Capacity Pricing Continues to Decrease in line with the expansion of HTS Supply and Services
Paris, Washington D.C., Montreal, Yokohama, Sydney, February 23, 2023. In their latest edition of the FSS Capacity Pricing Trends report, Euroconsult, the leading global consulting firm for satellite-enabled markets, reported that fixed-satellite service (FSS) capacity pricing is decreasing at a rapid rate due to services supported by next-generation geostationary (GEO) and non-geostationary orbit (NGSO) HTS systems such as Starlink undercutting the market. At the highest industry level, FSS capacity pricing continued to erode in 2022, as the global volume of leased and used capacity increased at a rate that far outpaced the growth in satellite operator revenues.
Signature d’un Mémorandum d’entente entre Euroconsult et Alliance Newspace
Paris, Washington D.C., Montreal, Yokohama, Sydney, 14 Février, 2023 – Euroconsult et Alliance Newspace signent aujourd’hui un Mémorandum d’entente formalisant l’accord de collaboration entre les deux entités. Cet accord a pour objectif de faciliter l’accès aux membres d’Alliance Newspace à l’expertise marché d’Euroconsult, et de leur offrir une plus grande visibilité et des opportunités pour développer leur réseau.
Euroconsult report addresses challenges and potential of optical communications for nascent space applications market
Paris, Washington D.C., Montreal, Yokohama, Sydney, January 17, 2023. Inter-satellite communications via optical links are rapidly becoming the preferred means of transmission in space. This is opening up a dynamic new market for optical communications terminals and inter-satellite links driven by the growing number of NGSO broadband constellations. Euroconsult’s newly released report ‘Optical Communications Market’ contains market-leading in-depth analysis of the equipment and solutions using optical links, with the 1st edition purposefully held back until now to ensure that the emerging market is best represented.
Value of Space Economy reaches $464 billion in 2022 despite new unforeseen investment concerns
Paris, Washington D.C., Montreal, Yokohama, Sydney, January 9, 2023 – Euroconsult has released the 9th edition of its trusted annual space market overview to cover the past 12 months and forecast the next 10 years for the industry, charting highs that contributed to the continued growth of many aspects of the commercial sector, together with the ongoing challenges of the world geopolitical and world economic environment.
European Space Agency Joins Forces with Euroconsult to Support Budding Space Entrepreneurs
Paris, Washington D.C., Montreal, Yokohama, Sydney, January 9, 2023 – The European Space Agency has signed a letter of intent on behalf of its network of business incubation centres to boost its offering for space start-ups with high growth potential, through the provision of market analysis and networking opportunities. Leading global strategy consulting and market intelligence firm Euroconsult, who specialises in the space sector and satellite-enabled verticals, has signed this letter of intent to supply dedicated insight and connection opportunities that aim to enhance knowledge and access to business opportunities for the incubated companies.
Global market for commercial Earth Observation data and services to reach $7.9 billion by 2031
Paris, Washington D.C., Montreal, Yokohama, Sydney, December 16, 2022 – Euroconsult’s latest ‘Earth Observation Data & Services Market’ report provides a global assessment of the EO satellite-based commercial demand for imagery and value-added services, with expanded granularity by user type, including now a finer breakdown between B2B and B2G, across the 32 vertical subsegment applications in 8 regions and by more various sensor typologies.
LATSAT returns in 2023 for its 6th edition supported by ARSAT and the Argentinian government
Paris, Washington D.C., Montreal, Yokohama, Sydney, December 15, 2022 – Euroconsult, the leading space consulting and market intelligence firm announces the return of LATSAT, the Latin American summit dedicated to the satcom, connectivity, and Earth observation sectors. The 6th edition supported by ARSAT and the Argentinian Government will be taking place on May 23-24, 2023, in Buenos Aires, Argentina.