According to Euroconsult's newly released research report, Prospects for In-Flight Entertainment and Connectivity, the number of connected commercial aircraft will increase from 8,200 at the end of 2018 to more than 20,500 over the next ten years.
Asia-Pacific - Market Trends
A new study of the content viewing behavior of Malaysian consumers, revealed that 23% of consumers use a TV box which can be used to stream pirated television and video content. These TV boxes, also known as Illicit Streaming Devices (ISDs), allow users to access hundreds of pirated television channels and video-on-demand content, usually with a low annual subscription fee. TV boxes often come pre-loaded with illegal applications allowing ‘plug-and-play’ access to pirated content.
Digital TV Research estimates that pay TV subscribers increased by 26 million in 2018 across 138 countries. This took the number of pay TV subscribers beyond 1 billion.
NSR’s M2M and IoT via Satellite, 10th Edition (M2M/IoT10) report, published today, forecasts US$ 11.6 billion in revenues will be generated over the next 10 years. All M2M and IoT applications will grow, with total retail revenues to rise at 6.6% CAGR over the coming decade, with a 14% CAGR for in-service M2M/IoT units during this same period.
And, while significant attention is paid to emerging IoT smallsat constellations, NSR found MSS and VSAT offerings continue to play a solid role in the M2M/IoT growth story.
Increased demand for communications, high-speed internet, and global connectivity is expected to fuel the growth of the satcom equipment market for space across the globe. Research and Markets said its recent findings show that by end-user, the commercial segment is estimated to grow at the highest CAGR during the forecast period. The satcom equipment market for space is projected to grow from US$ 2.8 billion in 2019 to US$ 7.0 billion by 2025, at a CAGR of 16.8% from 2019 to 2025.
Video content budgets across India, Korea and Southeast Asia climbed 12% in 2018 to reach ~US$10 billion, according to the latest edition of Asia Video Content Dynamics, published recently by Media Partners Asia. Asia Video Content Dynamics tracks investment, production and consumption for TV, film and online video across India, Korea and Southeast Asia’s five biggest growth markets (Indonesia, Malaysia, the Philippines, Thailand and Vietnam).
A new study from Markets and Research has estimated that the optical satellite communication global market account for US$ 291.32 million in 2017 and is expected to reach $2,861.89 million by 2026. This, Market and Research said, translates to a compounded annual growth rate (CAGR) of 28.9% during the forecast period.
NAGRA, a Kudelski Group (SIX:KUD.S) company and a provider of content protection and multiscreen television solutions, in partnership with MTM, a leading international research and strategy consultancy, today released the key findings of the U.S. edition of the 2019 Pay-TV Innovation Forum.
According to Euroconsult's newly released research, Prospects for the Small Satellite Market, the market for small satellite (smallsat) manufacturing and launch will grow from US$ 12.6 billion in 2009-2018 to US$ 42.8 billion in the coming decade from 2019-2028, nearly quadrupling in size.
While the growth is led by large constellations such as OneWeb, SpaceX’s Starlink and Amazon’s Project Kuiper, the findings show that the smallsat industry is highly diverse, with demand from a variety of operators, start-ups, universities, and countries.
Key Findings
The satellite communication equipment market worldwide is projected to grow by US$16.5 billion, guided by a compounded growth (CAGR) of 8.6%.
According to Research and Markets, which produced the report, staying on top of trends is essential for decision makers to leverage this emerging opportunity. The report addresses this very need and provides the latest scoop on all major market segments. Maritime, one of the segments analyzed and sized in this study, displays the potential to grow at over 9.9%.