Asia-Pacific - Market Trends
A 2018 Asia-Pacific Pay-TV Innovation Forum has revealed that the pay-TV industry in Asia Pacific region is experiencing significant challenges, driven by the proliferation of high-quality OTT services and widespread piracy. With consumers in both advanced and emerging countries in the region increasingly choosing streaming services, pay-TV providers expect to see a slowdown in growth and, in some mature markets, a decline in revenue from traditional pay-TV services, while demand for fixed and mobile connectivity services is expected to grow.
The Global Satellite Payloads Market accounted for $10.98 billion in 2017 and is expected to reach $26.51 billion by 2026 growing at a CAGR of 10.3%.
The application of satellites led by the military and the civil sector is increasing at a tremendous pace and the global satellite manufacturing and launch system market is expected to register a CAGR of 5.32% to reach USD25.90 billion by the year 2023.
The rapid and increasing number of worldwide 4K flat panel TV shipments over the past few years is contributing to the overall growth of the global flat panel TV market. 4K TV units account for more than one-third of the total flat panel TV units sold in 2017.
ABI Research, a market-foresight advisory firm providing strategic guidance on the most compelling transformative technologies, forecasts that 4K flat panel TV shipments will surpass 102 million in 2018, representing 44% of total global flat panel TV shipments.
NSR’s Maritime SATCOM Markets, 6th Edition report, published today, forecasts Maritime SATCOM will generate US$ 36 Billion in cumulative revenues through 2027. Driven by the migration of unconnected vessels to MSS, MSS customers to VSAT, and VSAT vessels to even higher throughputs, revenue growth will approach 7% from 2017 – 2027.
According to Euroconsult's newly release report, Prospects for In-Flight Entertainment & Connectivity, over 23,000 commercial aircraft will offer connectivity to th
A new industry report from international research firm Parks Associates shows that the number of households worldwide with an OTT video service subscription will exceed 265 million by 2022. The popularity of over-the-top (OTT) video services, such as Netflix, Amazon, and Hulu, has driven a steady increase in adoption of smart TVs and streaming media players since 2010, according to Global Connected Living Outlook: Expanding IoT Momentum.
NSR’s Aeronautical Satcom Markets, 6th Edition report, published today, forecasts inflight connectivity (IFC) will generate $37 billion in cumulative revenue by 2027. This revenue driven primarily by new HTS services and greater penetration in all regions of the world. NSR projects demand will reach almost 295 Gbps of HTS capacity and more than 92 transponders of FSS Ku-band demand by 2027.
The global satellite manufacturing and launch system market is expected to register a CAGR of 5.32% to reach USD 25.90 billion by the year 2023 according to a new report by Research and Markets. The satellite launch systems market is anticipated to witness an increased growth rate by the end of the forecast period and is anticipated to hold 30% of the global satellite manufacturing and launch market. There is an increase is investment in these systems by various nations, to have access to launch their satellites.
Digital TV Research forecasts that Netflix will have 201 million streaming subscribers by 2023, up by 82% from 111 million at end-2017. About 28 million subscribers will be added in 2018 – making it the largest growth year ever. Lower growth is expected after 2018, according to the Netflix Forecasts report.
North America and Western Europe will together supply 62% of Netflix’s total subscriber base by 2023 – still dominant, but down from 76% in 2017. Asia Pacific will boast fast growth by taking 14% of the 2023 total. This represents 28 million subs; quadruple the 2017 figure.
