Asia-Pacific - Market Trends
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$5.7bn by the end of 2024. Mobile broadband will be the leading contributor to the country’s total telecom service revenue during 2019-2024, according to GlobalData, a leading data and analytics company.
The total telecom and pay-TV services revenue in Japan is set to grow at a moderate compound annual growth rate (CAGR) of 2.3% between 2018 and 2023, mainly supported by the rising adoption of mobile data, fixed broadband and pay-TV services, says GlobalData, a leading data and analytics company.
The Global Satellite Communication (SATCOM) Equipment market accounted for US$ 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.
A new report has predicted that the global fixed satellite services (FSS) market will grow with a compounded annual growth rate (CAGR) of 5.1% over the forecast period from 2019-2025.
The study released by Research and Market covers an analysis of the leading geographies such as North America, Europe, Asia-Pacific, and RoW for the period of 2017 to 2025.
Euroconsult released its flagship research, which predicts the satellite communications market will grow to US$ 19.4 billion by 2028. Following a decline that began in 2014, the research forecasts a return to revenue growth beginning in 2020, driven by demand for broadband applications, including rural connectivity, in-flight communications, as well as cellular backhaul.
Research and Markets has predicted that the small satellite market will grow at a significant CAGR of 14.15% by value and 14.28% by volume, during the forecast period from 2019 to 2030.
The Asia Pacific online video industry will generate US$27 billion in advertising and subscription revenue this year, up 24% Y/Y from 2018, according to a new report, Asia Pacific Online Video & Broadband Distribution 2020, published today by Media Partners Asia (MPA). This pie is forecast to expand at a robust 13% CAGR to US$50 billion by 2024, propelled by rising investment and competition, widening broadband access and ongoing development of local content, payment infrastructure and IP protection.
Digital TV Research said today its latest Pay-TV report forecasts 60 million additional pay TV subscribers between 2018 and 2024 to take the global total to 1.08 billion.
The growing trend of advanced channel broadcasting has intensified the demand for satellite transponders across the globe as the number of operational satellites on-orbit rose by over 20% to 2100 with more than 300 satellites being launched in 2018 according to SIA (Satellite Industry Association).
