Asia-Pacific - Market Trends
The Satellite Modem Market is expected to grow from US$ 296.4 Million in 2017 to US$ 420.4 Million by 2023 at a CAGR of 6.0% Between 2017 and 2023, according to new resaerch from Research and Markets. The major factors driving the growth of the satellite modem market include continuous innovation by satellite modem manufacturers to ensure the growth of the market, rising need for enriched high-speed data communication, and growing demand for satellite communication from various verticals.
A new study from Juniper Research has found that global consumer spend on digital content will reach US$ 202 Billion in 2018, up by 10% on this year’s total of US$ 184 billion. The research found that SVoD (Subscription Video on Demand) services will be a key driver of growth, with major OTT (Over The Top) players such as Netflix and Amazon committing budgets of more than US$ 5 Billion to original content over the coming year. Meanwhile, Apple and Facebook are each expected to invest at least US$ 1 Billion for the first time.
According to the 10th edition of Euroconsult's report, Satellite-Based Earth Observation, Market Prospects to 2026
Advertising expenditure attributed to OTT TV episodes and movies (AVOD) will double between 2017 and 2022 to reach $29 billion for 138 countries, according to the Global AVOD Forecasts report by Digital TV Research. Asia Pacific will overtake North America as the leading AVOD region in 2021. Asia Pacific and North America will together account for 77% of the global total by 2022, with Western Europe bringing in a further 16%.
Online TV and video advertising has been boosted in recent years by the rapid growth in mobile advertising.
According to the 20th edition of the report Satellites to be Built & Launched, Euroconsult anticipates that 300 sa
The Satellite Antenna Market Is expected to be valued at US$ 2.05 Billion in 2017, and is projected to reach US$ 2.99 Billion by 2022 accoring to a recent research study by Research and Markets. The C, K/KU/KA band segment is projected to lead the satellite antenna market during the forecast period.
Subscription Video on Demand] (SVOD) subscriptions are forecast to reach 546 million by 2022; double the 263 million recorded by end-2016, according to the Global SVOD Forecasts report by Digital TV Research which covers 621 platforms in 138 countries. Subscriptions in the Asia Pacific region will overtake North America in 2017. Asia Pacific will account for 43% of global SVOD subs by 2022, with North America supplying 31%. These proportions were 35% and 43% respectively in 2016.
Ericsson (NASDAQ:ERIC) unveils the eighth edition of its annual ConsumerLab TV and Media report, which details the massive growth in TV and video viewing and the ongoing shift in the way consumers watch content. Ericsson ConsumerLab predicts that the growth of on-demand viewing will continue to soar through to 2020, making up almost half of total viewing.
According Euroconsult's latest report, Prospects for L-Band, IoT & M2M Markets, the Mobile Satellite Services (MSS) market will grow from 4.3 million MSS terminals
NSR’S Machine to Machine (M2M) and Internet of Things (IoT) via Satellite, 8th Edition (M2M8) report, releasing tomorrow, finds the global satellite M2M and IoT market reaching over $2.9 billion in annual retail revenues by 2026. This growth is driven by over 6.8 million in-service terminals.
