Asia-Pacific - Market Trends


Paris, France, April 8, 2021

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.

Cambridge, Mass., April 7, 2021

NSR’s latest report, Satellite Capacity Pricing Index, 7th Edition (2021) finds capacity price declines decelerating in 2021, with the global mean price index declining by ~5-6% in Q1 2021, in contrast to ~13% in Q1 2020.

Boston, Mass., April 7, 2021

Global 8K TV household adoption will begin to build momentum over the next few years, reaching 72 million households by 2025. Following a slower than expected 2020 when just under 350 thousand 8K TVs were sold globally, Strategy Analytics’ forecasting models indicate sales of more than 1 million 8K TVs in 2021 and around 4 million in 2022. North America will be the leading region for 8K TVs by 2025 with close to 25 million households owning at least one 8K TV set.

Pune, India, April 6, 2021 by Mayank Halmare

CubeSats are miniaturized cubical-shaped small satellites measuring 10x10x10 cm3 - approximately the dimension of the popular Rubik’s cube and weighs around 1 kg. A CubeSat can be used as a single unit (1 U) or in clusters of several units or U’s (1U, 2U, 3U, 6U, 12U, and others). According to Allied Market Research, the global CubeSat market was valued at US$ 184.11 million in 2020, and is estimated to grow at a CAGR of 15.1% during the forecast period (2020-2027). 

Tyson's Corner, Va., April 5, 2021

Post-COVID travel should include better Inflight Connectivity according to a recent Intelsat survey.  It’s no surprise that the COVID-19 pandemic has wreaked havoc on the commercial aviation industry.  With global vaccination rates surging, however, airlines are optimistic that most passengers will soon return to booking both business and leisure trips. In fact, TSA daily screenings recently topped 1.5 million for the first time in almost a year, leaving airline executives very optimistic.

Paris, France, April 1, 2021

In its first ever report on Universal Broadband Access, Euroconsult, the world’s leading authority on space and satellite-based applications markets, forecasts that the global market for satellite broadband is expected to triple with service revenues reaching $12.7 billion by 2029. With 46 percent of the world’s population still unconnected, satellite broadband remains key to bringing essential services to sparsely populated regions where extending terrestrial networks is not economically feasible.     

Khandwa, India, April 1, 2021

According to a new report published by Trends Market Research titled, “Space Launch Services Market by Payload, Launch Platform, Service Type, Launch Vehicle, and End-User: Global Opportunity Analysis and Industry Forecast, 2019–2026,” the space launch services market accounted for  revenues of US$ 8.9 billion in 2018 and is anticipated to generate US $30 Billion by 2026. The market is projected to experience growth at a CAGR of 17.2% from 2019 to 2026.

Bristol, UK, March 29, 2021

Spectrum allocated to 5G across a wide range of frequencies will stimulate promised new use cases and bring about a rapid growth in private mobile networks. The rate of growth in private networking will be more spectacular than public from a lower base, with 1.56 million private 5G cells deployed by 2027, compared with 1,945 in 2020. Data traffic generated by private 5G networks will explode from 51,115 EB per month globally in 2020 to 77.46 million EB per month in 2027.

Boston, Mass., March 25, 2021

Few mobility technologies hold as much disruptive potential as autonomous vehicles (AVs). Despite having applications in logistics, robotaxis, and personally owned vehicles, AVs have remained on the cusp of transforming the automotive space. The commercialization of self-driving cars would be the biggest technological advancement of the auto industry.

Cambridge, Mass., March 23,  2021

NSR’s Emerging Space Investment Analysis, 3rd Edition report (ESIA3) released today, shows US$ 7.7 Billion in funding was raised in 2020 alone, bringing the total since 2000 to nearly US$ 36 Billion.