Asia-Pacific - Market Trends


Paris, Washington D.C., Montreal, Yokohama, Sydney, December 19, 2023
The leading strategic space consulting and market intelligence firm Euroconsult has released the 23rd edition of its annual Government Space Program report confirming the growing financial efforts achieved by governments in the space sector. Keen to capitalize on the expanding space economy and to further strengthen their sovereign capabilities, government space expenditures have increased to $117 billion, a 15% increase compared to last year.  
Maharashtra, India, December 18, 2023

The Market for Commercial Satellite Imaging was valued at US$ 3.8 Bn in 2022 and is projected to reach US$ 7.0 Bn by 2031, expanding at a compound annual growth rate (CAGR) of 7.6% between 2023 and 2031.

Paris, France, December 12, 2023
Euroconsult  announced the release of its highly anticipated 26th edition flagship report, "Satellites to be Built and Launched. This edition forecasts an average of over 2,800 satellites launched annually – equivalent to 8 satellites per day and totaling a mass of 4 tons - between 2023 and 2032. The report sheds light on the long-term dynamic of the satellite market, emphasizing sustained demand, the concentration of NGSO constellations, and the seismic shifts caused by a handful of mega constellations, with a particular focus on the short-term bottleneck faced by established vendors.
London, UK, December 1, 2023
​​​​​​​Global SVOD subscriptions will increase by 321 million between 2023 and 2029 to reach 1.79 billion – showing continued growth. The US will add 30 million subscriptions, following by Brazil (up by 23 million) and India (27 million) according to a new report by Digital TV Research
Paris, France, November 30, 2023
​​​​​​​As global economic landscapes continue to navigate challenges posed by inflation, geopolitical tensions, and the residual effects of pandemic-related disruptions, the Earth Observation (EO) market is undergoing a transformative phase, reflecting both setbacks and opportunities for industry players worldwide.
Paris, France, November 7, 2023
The latest Ground Segment Market Prospects (04th Edition) from Euroconsult reveals promising trends in the ground segment market from 2023 to 2032. However, the situation is concentrated, regarding the considered market segments.
Bristol, UK., October 26, 2023
​​​​​​​The past decade has seen Social Media platforms completely transform from communication tools, with sprinklings of entertainment, into fully-fledged entertainment hubs. Rethink TV believes this transition is still in its early days, meaning that Social Media is a key player in the power vacuum that is following the decline of Pay TV where, too often, the SVoD, AVoD and FAST branches of Long-form OTT are considered to be the only contenders.
Jakarta, Indonesia, October 4, 2023

The Asia Video Industry Association (AVIA) has released a study to understand the usage of different video services in Indonesia and consumer attitudes towards them. The study looked at video across social media, user-generatedcontent (UGC), linear TV, messaging services and premium OTT. This is a follow-up to its study on Premium OTT – Building its Rightful Place in the Digital Market, which was first released in September 2022 and focused on the Singapore market.

Paris, Washington D.C., Montreal, Yokohama, Sydney, October 03, 2023

A report published by leading space consulting and market intelligence firm, Euroconsult, focusing on In-Flight Connectivity (IFC) for air travel has highlighted a second consecutive year of strong growth, with over 36,000 commercial and business aviation aircraft now equipped with onboard internet access.

Paris, Washington D.C., Montreal, Yokohama, Sydney, September 28, 2023
​​​​​​​Lunar exploration is the catalyst behind an unprecedented surge in the space exploration sector which saw global government investment rise to an impressive $26 billion during 2023. Ambitious lunar missions are projected to boost investment to nearly $33 billion by 2032, a growth trajectory which underscores lunar exploration's pivotal role in shaping the future of space exploration. The figures are revealed in the just published fourth edition of Euroconsult's 'Prospects for Space Exploration' report.