The firm also predicts that the Satcom industry is on the springboard of a period of accelerated change created by the introduction of disruptive Non-Geostationary Orbit Satellites (NGSOs). Changes in viewing habits will contribute to the growing shift from linear viewing to Over-the-Top (OTT) services that will negatively impact the satellite video market in coming years. The shift towards data-driven revenue streams can also be seen in the downward trend of video revenues, with the projected loss of 26 million direct-to-home (DTH) subscribers and 8,500 satellite TV channels by 2031. Their sights have been increasingly set on a new revenue stream – Services – which will grow from $108 billion to $124 billion in the space of 10 years, with all the growth coming from data services. ![]() PARIS, WASHINGTON D.C., MONTREAL, YOKOHAMA, SYDNEY, 12th September 2022 (Euroconsult PR) – 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.Ī falling average revenue per user (ARPU) and a fiercely competitive market have been the main drivers for changes in strategies, with operators pushed to look for extra revenues to avoid the commodity price trap.
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