Press Release

September 16, 2022

Winners of Excellence in Earth Observation awards revealed at World Satellite Business Week 2022

September 15, 2022

Winners of the prestigious Excellence in Satellite Communications revealed at World Satellite Business Week

The winners of the 2022 Excellence in Satellite Communications Awards were unveiled at the 25th World Satellite Business Week, where more than 200 executive speakers and 400 organizations have gathered to prepare the next steps for the industry.
September 12, 2022

Satcom operators set to carve out their share of a cumulative $1.2 trillion service opportunity by 2031

Paris, Washington D.C., Montreal, Yokohama, Sydney, 13th September 2022 –  Euroconsult, the leading space consulting and market intelligence firm, has published new research indicating the satellite industry is likely to see an explosion of services-driven revenue to the tune of a cumulative $1.2 trillion by 2031, with the share of data applications jumping from 15% of total market revenues to a remarkable 42% by 2031.
September 1, 2022

Ground Segment forecasted at $78 Billion cumulated market value from 2022 to 2031 

Paris, Washington D.C., Montreal, Yokohama, Sydney, September 1st , 2022 – The latest Ground Segment Market report by leading space consulting and market intelligence firm Euroconsult projects the ground station segment to remain quite stable over the 2022 – 2031 period, with a year-on-year growth of 1.4% and a forecasted market value of $3.6 Billion by 2031, driven by the growing demand for data & services.

August 19, 2022

Euroconsult nominates Natalia Larrea as new Director of Euroconsult US

Paris, Washington D.C., Montreal, Yokohama, Sydney, 18th August, 2022 — Euroconsult Group, a leading global consulting firm in the space sector, is pleased to announce the appointment of Natalia Larrea as Director of Euroconsult U.S. Ms Larrea will lead the development of the company’s office in Washington D.C. and further expand business relations with US space stakeholders.

August 17, 2022

In-Flight Connectivity market set to double in coming decade

Paris, Washington D.C., Montreal, Yokohama, Sydney, 16th August – Analysis by leading space consulting and market intelligence firm Euroconsult shows a 10% increase in the number of commercial aircraft connected to in-flight services compared to 2020, totalling 9,900 planes by the end of 2021. Within the next decade, the number of aircraft using such services is expected to double to more than 21,000.

July 13, 2022

One ton of smallsats to be launched per day on average over the next decade, yet challenges remain

Paris, Washington D.C., Montreal, Yokohama, Sydney, July 13th, 2022. The latest update of “Prospects for the Small Satellite Market” was released this week by Euroconsult, forecasting further growth in the global supply and demand of government, commercial and academic satellites weighing up to 500 kg. The market intelligence report, now in its 8th edition, anticipates that about 18,500 smallsats will be launched over 2022-2031, representing about 365 tons per year, i.e., one ton per day to be launched on average over the next ten years. However, the smallsat market presents a growing number of challenges such as high inflation, limited market addressability, difficult profitability, oversupply risk and concentration of the market by a handful of established players.

June 15, 2022

Finalists announced for the GVF quarter century of excellence award

LONDON and PARIS, June 15, 2022 - In connection with the 25th anniversary of GVF’s establishment as the global trade association representing the satellite ecosystem, GVF today announced the five finalists for the GVF Quarter Century of Excellence Award following a public nomination process:
June 2, 2022

Study assesses the use of several C-Band sub-frequencies by satellite networks

Paris, Washington D.C., Montreal, Yokohama, Sydney, June 2, 2022 – A new report has explored the current and future supply and use of the extended C-Band, the planned C-Band and the 7025-7075 Mhz Band for satellite services (available in full on the Euroconsult website). It has considered for each band the uplink and downlink frequencies, including the frequency bands 3400-3700 and 6425-6725 MHz (‘extended C-band’), 4500-4800 and 6725-7025 MHz (‘planned C-band’) and 7025-7075 MHz

May 18, 2022

Space logistics markets ready to grow as on-orbit supplier services materialize

Paris, Washington D.C., Montreal, Yokohama, Sydney, May 18, 2022 – A nascent but growing set of on-orbit space services, to be articulated as a space logistic ecosystem from launch to satellites’ end of life, are being developed by more than 50 companies. According to Euroconsult’s 1st edition of Space Logistic Markets report, this diverse set of on-orbit services is expected to generate $4.4 billion by 2031.