In a recent study conducted by ABI Research, satellite communications (SatCom) subscriptions in the South-East Asia (SE Asia) region are anticipated to surpass a remarkable 1.8 million by the year 2028, potentially generating a staggering US$2.1 billion in service revenue. These optimistic projections underscore the increasing acknowledgment of the value of satellite internet in addressing connectivity challenges across the diverse SE Asian region.
Satellite communications harness a network of satellites to offer reliable, high-speed internet access, even in the most remote and isolated areas, such as the archipelagos and rural villages prevalent in SE Asia.
Victor Xu, Satellite Communications Research Analyst at ABI Research, commented on the burgeoning potential of satellite internet in the SE Asia region, stating, “Satellite Internet will become an increasingly practical choice for addressing connectivity challenges in the SE Asia region for several compelling reasons, such as the geographical diversity, rural and remote landscapes, recurring natural disasters, digital inclusion goals, and government initiatives.”
Noteworthy satellite internet providers, including Starlink, Kacific, Thaicom, and Measat, have been actively striving to expand internet access in Southeast Asia, particularly in remote and underserved areas. These initiatives have the potential to significantly enhance internet access and foster digital opportunities for people in South-East Asia and beyond, the report said.
Jake Saunders, Vice President, Asia-Pacific & Advisory Services, highlighted the promising future of SatCom Internet in South-East Asia, pointing to a projected Compound Annual Growth Rate (CAGR) of 20 percent from 2023 to 2028 in subscription numbers for the SatCom Internet market. The growth is seen as a positive step towards bridging the digital divide and enhancing connectivity across the region, providing unprecedented opportunities for economic and social development.