Press Release

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.

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.

The winners of the 2022 Excellence in Earth Observation Awards were unveiled at 25th World Satellite Business Week, where more than 200 executive speakers and

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.

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.

Paris, Washington D.C., Montreal, Yokohama, Sydney, September 1^st , 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.

Paris, Washington D.C., Montreal, Yokohama, Sydney, 18^th 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.

Paris, Washington D.C., Montreal, Yokohama, Sydney, 16^th 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.

Paris, Washington D.C., Montreal, Yokohama, Sydney, July 13^th, 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.

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: