Press Release

Paris, Washington D.C., Montreal, Yokohama – Euroconsult Group unveils its extended proprietary training service offer, aimed at government, private sector and not-for-profit organizations wishing to boost their capacity portfolio, build a talent pipeline and enhance their expertise within the space and satellite industry sectors.

Paris, Washington D.C., Montreal, Yokohama – In its latest research, Euroconsult provides a strategic review of the market reset resulting from the COVID-19 pandemic and its significant impact on the aviation industry. In-Flight Connectivity (IFC) has been a key driver for the entire ecosystem and constituted a $1.4 billion market in 2019. Current restrictions on travel and health concerns, however, are expected to decrease service revenues by 20-30 percent in 2020.

Paris, Washington D.C., Montreal, Yokohama – In its latest research titled, Euroconsult revised its forecast to account for the impact of COVID-19. The pandemic has deeply impacted maritime and in-flight connectivity demand, and to a lesser extent other segments such as enterprise networks. It remains to be seen how long those markets will take to recover.

Paris, Washington D.C., Montreal, Yokohama – In the 6th edition of its latest research titled Euroconsult forecasts that two mega-constellations will account for half of the smallsats to be launched between 2020 and 2029, yet only account for one fifth of the total smallsat market value due to economies of scale, mass manufacturing and batch launches. The report also addresses the impact of COVID-19 on the small satellite industry and provides updated analysis of the ongoing uncertainties related to the pandemic, smallsat constellations and the OneWeb bankruptcy, despite its recent acquisition.

Paris, Washington D.C., Montreal, Yokohama – In its latest research titled, Euroconsult provides in depth analysis of how commercialization is driving both growth and technology advances in the Chinese space sector, with oversubscribed IPOs and a wave of private investment. China Satcom is now the world’s highest valued pure satellite operator with a market cap of US$11 billion as of May 2020, while China Satcom parent company China Aerospace Science and Technology Corporation (CASC) reported record revenues of $37 billion in 2018.

Paris, Washington D.C., Montreal, Yokohama – In its latest research titled, Euroconsult projects that the previously growing maritime connectivity market will experience a significant setback due to the Covid-19 pandemic. Maritime VSAT connectivity reached an all-time high of 28,200 connected vessels at the end of 2019 but because of the current health crisis, the previous projection of 49,300 terminals by 2023 has been reduced to 40,600 units.

Paris – It is with great sadness that the Euroconsult team announces that Sima Fishman passed away on April 18, 2020.

Paris, Washington D.C., Montreal, Yokohama – According to Euroconsult’s latest research,global government investment in space exploration totalled nearly $20 billion in 2019, a 6% increase year-on-year. Thirty-one countries and space agencies lead this global investment with the U.S. accounting for 71% of spending. Funding for space exploration is forecast to increase to $30 billion by 2029, driven by Moon exploration, transportation, and orbital infrastructure. Approximately 130 missions are expected over the coming decade, compared to 52 missions conducted over the past 10 years.

Paris – The Euroconsult group is closely monitoring developments around the COVID-19 outbreak, both domestically and globally, and has taken measures to minimize the spread of the virus and to protect the health and well-being of its teams, customers and partners.

Paris, Washington D.C., Montreal, Yokohama – In its latest research titled, Euroconsult projects that High Throughput Satellite (HTS) revenue will reach $15 billion by 2028 with aggregate capacity leasing revenue over the 10 year period reaching $85 billion by 2028. Demand will be driven by nine vertical markets for a 26 percent annual growth rate over the ten-year period covered in the report. Supply is expected to grow by 12 times between 2019 and 2024.