Asia-Pacific - Market Trends
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$54.5 bil. by 2025, with SVOD contributing 57% and advertising, 43%.
In its latest research product “The Space Economy Report 2020", Euroconsult estimates that the consolidated space economy, including both government space investments, as well as commercial space, totaled US$ 385 billion in 2020, a record amount.
A new report by has found that there will be nearly 2 billion active subscriptions to on-demand video services in 2025; a 65% increase over the end of 2020. The primary engine for this growth will be from traditional broadcasters, who are increasingly turning to streaming services in order to extend their reach and compete with online video giants such as Netflix and Amazon Prime Video.
MarketBrief Report on the Military Satellite Market sponsored by ST Engineering iDirect
A summary of the key trends and satellite solutions for the military market. Featuring:
Military Satellite Report by Elisabeth Tweedie
Case Study on Building a Defense VSAT Network for the Egyptian MoD
Product Spotlight: ST Engineering iDirect's Evolution® Defense
To read or download the pdf of full report click here.
Research and Markets has been monitoring the machine to machine (M2M) services market and it is poised to grow by US$ 131.33 Billion during 2020-2024 progressing at a CAGR of 31% during the forecast period. The report on machine to machine (M2M) services market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
Amid a tumultuous year for the global economy, government space program budgets maintained their growth trajectories for a fifth consecutive year. Following a period of strong budget tensions between 2010 and 2015, government space sector spending reached its highest recorded point in 2020 according to Euroconsult’s latest “Government Space Programs: Benchmarks, Profiles & Forecasts to 2029” flagship research.
TThe Global Airborne SATCOM market accounted for US$ 5.51 billion in 2018 and is expected to reach US$ 9.80 billion by 2027 growing at a CAGR of 6.6% during the forecast period according to new research from Research and Markets. Rise in long-haul flights and traveller traffic and raise in the number of high-throughput satellites are the major factors propelling the market growth. However, factors such as ultra-compact SATCOM terminals for tactical UAVs and need to improve passenger experience are hampering the market growth.
NSR’s VSAT and Broadband Satellite Markets 19th Edition report, released today, finds a resilient market, despite near term COVID-19 challenges and changing Key Performance Indicators. Limited growth is underway in 2020, and the market remains poised to emerge from the pandemic on a heightened growth path.
