Satellite sector revenue grows 11%
July 24, 2009
Euroconsult has reported that growth in the fixed satellite market has remained strong despite the adverse economic environment. According to Euroconsult the sector grew in terms of both transponder demand (+9 per cent) and overall revenues (+10.7 per cent) representing a peak in the current decade. Digital entertainment and emerging digital markets remain the primary growth drivers, with corporate networks, military communications and broadband access uptake also contributing to growth.
"Digital TV broadcasting remains the primary growth engine for the satellite sector. Last year, 18 new satellite pay-TV platforms were launched for a total of 109 platforms now in service. Over 24,000 TV channels are now broadcast by satellite, with more than 2,900 TV channels added last year," said PacÃ´me Revillon, CEO at Euroconsult.
"While a slowdown is expected as a consequence of the global economic downturn, growth should remain solid in 2009, potentially at approximately 7 per cent and could still reach 5 per cent in 2010, depending on the depth and length of the economic crisis," added Mr. Revillon. "Compared to the telecom and pay-TV crisis of the early 2000s, core customers of satellite operators are relatively less impacted by the current crisis thus far."