Asia-Pacific - Market Trends
NSR’s newly released Government and Military Satellite Communications, 16th Edition (GMSC16) report finds another year of growth for commercial satellite connectivity. As HTS-based services start to really take-off in the market, retail revenues are up US$ 600 million from 2017, to over US$ 5.6 Billion.
In its new survey titled, “Satellite-Based Earth Observation Market Prospects to 2028”, Euroconsult forecasts that the market for data and services derived from Earth observation (EO) satellites is expected to grow by 9.4 percent each year for the next ten years for a total upside market value of US$ 12.1 billion by 2028.
NSR’s VSAT and Broadband Satellite Markets ,18th Edition report, released today, forecasts healthy revenues in the next decade with Enterprise VSAT gaining a slight edge over Consumer Broadband, accounting for greater than 50% of total revenues. Backhaul & Trunking will be the key application globally, but broadband to households, consumers, and hotspots will account for healthy demand as well.
The World Teleport Association (WTA) released a new report entitled: "Teleports and Big Data." The report quotes NSR, which estimates that the biggest markets for big data via satellite will be in transportation, government/military and oil & gas – sectors where teleport operators are deeply embedded.
Research and Markets issued a report entitled "Satellite Transponder Market - Growth, Trends, and Forecast (2019 - 2024)." The report gives a comprehensive overview of the market for satellite transponders globally and forecasts frowth in the next five years.
The total telecom and pay-TV service revenues in Hong Kong will grow at a compound annual growth rate (CAGR) of 0.8% from an estimated US$5.5bn in 2019 to US$5.7bn by the end of 2024. Mobile broadband will be the leading contributor to the country’s total telecom service revenue during 2019-2024, according to GlobalData, a leading data and analytics company.
The total telecom and pay-TV services revenue in Japan is set to grow at a moderate compound annual growth rate (CAGR) of 2.3% between 2018 and 2023, mainly supported by the rising adoption of mobile data, fixed broadband and pay-TV services, says GlobalData, a leading data and analytics company.
According to GlobalData’s fixed communications, mobile broadband and pay-TV forecast packs, mobile data will be the fastest growing and largest revenue-contributing segment to the Japan’s telecom and pay-TV services market during the forecast period.
The Global Satellite Communication (SATCOM) Equipment market accounted for US$ 22.08 billion in 2018 and is expected to reach US$ 53.79 billion by 2027 growing at a CAGR of 10.4% during the forecast period according to new research by Research and Markets.
The Top 5 Threats to Cybersecurity for Teleports, the second in a series of new reports, calls on cybersecurity experts in Europe, Asia and the United States for guidance on anticipating threats when making cybersecurity decisions. The report addresses the five most common forms of cyberattack that affect businesses of all kinds and teleport operators in particular.