Asia-Pacific - Market Trends
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.
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.
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.