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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.

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Value of Space Economy reaches $424 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.

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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.

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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.

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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.

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New record in Government Space Defense spendings driven by investments in Space Security and Early Warning

Paris, Washington D.C., Montreal, Yokohama, Sydney, December 15, 2022 – Leading space consulting and market intelligence firm Euroconsult has released the 22nd edition of its annual “Government Space Programs” report this week, evidencing a continued increase in global governments’ space budgets. This year has seen a cumulative spend of $103B in 2022, a 9% increase since last year and a record high for the sector. Despite the recent pandemic crisis, governments have increased their investments in the sector to further support the development of their industry and sustain their ambitions.

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Satellite demand to quadruple over the next decade

Paris, Washington D.C., Montreal, Yokohama, Sydney, December 12, 2022 – The latest update of Satellites to be Built and Launched released this week by Euroconsult forecasts a fourfold growth in the number of satellites driven by commercial constellations. The market intelligence report, now in its 25th edition, anticipates over 2,500 satellites to be launched on average every year – or 7 satellites a day totaling 3 tons of mass – over 2022-2031.

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Global governmental Space Exploration investments to reach $31B by 2031 as public and private players reach for the Moon

Paris, Washington D.C., Montreal, Yokohama, Sydney, November 3, 2022 – Since the 1950s, the space exploration market has been characterized by a small number of large spending nations as they raced to establish new boundaries for science, technology, innovation, and international prestige. However, leading space consultancy and market intelligence firm Euroconsult suggests that a major transition is taking place, as collaboration between different governments, as well as between public and private organizations, provides a further boost to the increasing investments from established players like the U.S.

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