Communications On The Move or COTM is one of the key applications of satellite technology that provides key services for various sectors. COTM refers to vehicles and other moving conveyances such as ships, trains, etc.
Asia-Pacific - Market Trends
Increasing demands for faster, more efficient and more reliable ways to manage connected devices will make 2021 the year of service and device lifecycle management, according to open broadband standards development organization, the Broadband Forum. Broadband Forum’s User Services Platform (USP) standard offers related data models and the communication protocol to master such needs.
NSR’s In-Orbit Servicing & Space Situational Awareness Markets, 4th Edition (IOSM4) report, released today, forecasts In-Orbit Satellite services (IoS) cumulative revenues of US$ 6.2 billion by 2030.
The World Teleport Association (WTA) today released The Virtual Teleport, a new research report that examines the growing adoption and impact of virtualization on the teleport and satellite sector.
Distance and physical barriers are hampering data transmission to remote locations, but new technologies are evolving to break down these barriers.
Pay TV revenues for the 20 countries in the Middle East and North Africa region fell by 14% between 2016 and 2020 to $2.74 billion. Revenues will continue to fall slowly - to $2.52 billion in 2026 according to Digital TV Research. The 2026 revenues will be 23% lower than 2016.
According to Allied Market Research, the global satellite data services market was valued at US$ 5.52 billion, growing at a CAGR of around 19.1% during the forecast period (2020-2027). Satellite data is the process of collecting information about earth through manmade satellites traveling around the earth’s orbit. The most common use ofsatellite data is earth observation.
Media Partners Asia (MPA) announced today that the Asia Pacific online video industry grew revenue by 14% Y/Y in 2020 to reach US$30.5 billion, according to the new report Asia Pacific Online Video & Broadband Distribution 2021 published by MPA. SVOD overtook AVOD to contribute 53% of total revenues; AVOD contributed 47%. Total online video revenues are projected to grow at a CAGR of 12% to reach US$54.5 bil. by 2025, with SVOD contributing 57% and advertising, 43%.