Victor Xu
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Victor Xu In The News
IoT Eveloution (2024-08-15)
Victor Xu, Satellite Communications Industry Analyst at ABI Research, backed this data up, citing another specific market opportunity for satIoT.
“Satellite IoT is expected to play a valuable role in agribusiness; precision farming, yield prediction and analysis, livestock management, and optimized irrigation can become more sustainable and profitable practices.,” Xu explained. “SatIoT has also been transforming fisheries and aquaculture operations by enabling real-time Vessel Monitoring Systems (VMS), effective fish stock management, and comprehensive water quality monitoring, at the same time ensuring sustainability and regulatory compliance. These advancements represent a significant opportunity given the industry's vast scale.”
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Future IoT (2024-08-09)
Victor Xu, satellite communications industry analyst at ABI Research, identifies key market opportunities for satellite IoT in the agriculture, energy & utilities, fisheries and aquaculture, and environmental monitoring verticals.
“Satellite IoT is expected to play a valuable role in agriculture, with connections forecast to grow to more than 1.4 million by 2029. Satellite IoT applications such as precision farming, yield prediction and analysis, livestock management, and optimized irrigation enable more efficient, sustainable, and profitable farming practices.
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IoT Insider (2024-08-08)
Victor Xu, Satellite Communications Industry Analyst at ABI Research said: “Satellite IoT is expected to play a valuable role in agriculture, with connections forecast to grow to more than 1.4 million by 2029. Satellite IoT applications such as precision farming, yield prediction and analysis, livestock management, and optimised irrigation are enabling more efficient, sustainable, and profitable farming practices.”
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RCR Wireless News (2024-08-07)
Victor Xu, industry analyst at ABI Research, and author of the research, echoed the Juniper Research message by emphasising the importance of “strategic partnerships” in the market. “They are playing a crucial role in the growth and development of the satellite IoT market. Companies have formed alliances to leverage each other’s strengths and expand their market reach,” he said.
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SatNews (2024-05-01)
“The rapid growth of the satellite IoT market is fueled by several factors, including the decreasing cost of satellite launches, advancements in satellite technology, such as LEO constellations, CubeSats, and Nanosatellites (smallsats), and increasing demand for untethered connectivity and remote asset management,” said Victor Xu, Satellite Communications Research Analyst at ABI Research. “North America’s leadership in the Satellite IoT market is attributable to its early adoption of space technologies, alongside the launch of major commercial space operators like SpaceX, Amazon Kuiper, and Globalstar driving down costs for satellite services. Furthermore, the region’s strong presence in key outdoor IoT industries such as agriculture and oil and gas, combined with a favorable regulatory environment, solidify its position. With the ongoing expansion of the satellite IoT market, the potential of this technology for innovative use cases is limitless, and the diverse applications of satellite IoT will drive the overall market.”
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Medium (2024-04-26)
“The rapid growth of the satellite IoT market is fueled by several factors, including the decreasing cost of satellite launches, advancements in satellite technology, such as low-earth orbit (LEO) constellations, CubeSats, and Nanosatellites, and increasing demand for untethered connectivity and remote asset management,” said Victor Xu, research analyst at ABI Research.
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Computer Weekly.com (2024-01-25)
“Thanks to the rapid deployment of non-geostationary orbit (NGSO) networks, like Starlink, Eutelsat OneWeb, and soon Amazon’s Kuiper, innovation in the satellite ground segment is quickly advancing,” said Andrew Cavalier, satellite communications senior analyst at ABI Research.
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Broadcast & Cablesat (2024-01-25)
“Today, these terminals come in the form of traditional very small aperture terminals (VSAT), Broadband Global Area Network (BGAN) terminals, satellite phones (Satphones), and recently, 5G mobile devices following the 3GPP standard. Thanks to the rapid deployment of non-geostationary orbit (NGSO) networks, like Starlink, Eutelsat OneWeb, and soon Amazon’s Kuiper, innovation in the satellite ground segment is quickly advancing,” explains Andrew Cavalier, Satellite Communications Senior Analyst at ABI Research.
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Telecom TV (2024-01-23)
“Today, these terminals come in the form of traditional tiny aperture terminals (VSAT), Broadband Global Area Network (BGAN) terminals, satellite phones (Satphones), and recently, 5G mobile devices following the 3GPP standard. Thanks to the rapid deployment of non-geostationary orbit (NGSO) networks, like Starlink, Eutelsat OneWeb, and soon Amazon’s Kuiper, innovation in the satellite ground segment is quickly advancing,” explains Andrew Cavalier, Satellite Communications Senior Analyst at ABI Research.
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Tech News World (2023-12-20)
“Successful tests have showcased the first two-way video call, Ultra HD 4K video streaming from Amazon Prime Video, and the first-ever Amazon.com purchase conducted over Amazon’s Kuiper SatCom network,” Analyst Victor Xu wrote in a report for ABI Research, a global technology intelligence firm.
“These tests have validated all systems and subsystems on board Project Kuiper’s prototype satellites,” he continued, “and have marked a substantial step forward for the Kuiper mega-constellation, which is a planned constellation of 3,236 low Earth orbit satellites.”
He added that ABI anticipated that the global satellite broadband market will generate service revenues of about US$18.5 billion by 2030, representing a 13.9% compound annual growth rate (CAGR) from 2022 to 2030.
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EE Times Asia (2023-10-17)
“Satellite communications utilizes a constellation of satellites to provide reliable, high-speed internet access to even the most remote and isolated locales, like SE Asia’s archipelago and remote rural villages. 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,” said Victor Xu, Satellite Communications Research Analyst at ABI Research. Xu also points out, “Several satellite internet providers have been actively working to expand internet access in Southeast Asia, particularly in remote and underserved areas. Notable players include Starlink, Kacific, Thaicom, and Measat. Their initiatives can potentially significantly improve internet access and foster digital opportunities for people in Southeast Asia and beyond.”
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SatNews (2023-10-12)
“Satellite communications utilizes a constellation of satellites to provide reliable, high-speed internet access to even the most remote and isolated locales, like SE Asia’s archipelago and remote rural villages. 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. Several satellite internet providers have been actively working to expand internet access in Southeast Asia, particularly in remote and underserved areas. Notable players include Starlink, Kacific, Thaicom, and Measat. Their initiatives can potentially significantly improve internet access and foster digital opportunities for people in South-East Asia and beyond. As the satellite internet landscape continues to evolve, it is poised to play a pivotal role in fostering digital inclusion throughout SE Asia.” — Victor Xu, Satellite Communications Research Analyst, ABI Research
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Broadcast & Cablesat (2023-10-05)
"Satellite communications utilizes a constellation of satellites to provide reliable, high-speed internet access to even the most remote and isolated locales, like SE Asia's archipelago and remote rural villages. 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," says Victor Xu, Satellite Communications Research Analyst at ABI Research.
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Light Reading (2023-09-05)
According to a recent report by ABI Research, the non-terrestrial networks (NTN) mobile market has the potential to reach a market value of at least $18 billion, with up to 200 million connections by 2031. The research firm pointed out that the growing convergence of satellite technology and cellular smartphones has been made possible by integrating NTN connectivity into the 5G cellular ecosystem, as introduced in 3GPP Release-17.
The emergence of satellite-enabled mobile devices from major consumer smartphone manufacturers and chipset makers like Apple, Qualcomm, Motorola, MediaTek, Huawei, and ZTE indicates the upcoming introduction of satellite communications into the mainstream consumer market," said Victor Xu, satellite communications research analyst at ABI Research.
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The Guardian (2023-07-21)
According to Satellite Communications Research Analyst at ABI Research, Victor Xu, “The emergence of satellite-enabled mobile devices from major consumer smartphone manufacturers and chipset makers like Apple, Qualcomm, Motorola, MediaTek, Huawei, and ZTE indicates the upcoming introduction of satellite communications into the mainstream consumer market.”
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Aoro (2023-07-14)
Victor Xu, satellite communications research analyst at ABI Research, pointed out that the launched satellite service will initially be for low data rate communications on IoT-NTN, and will eventually run satellite networks for low data rate communications over NR-NTN.
From 2024 to 2031, the NTN to mobile market is expected to grow at a very high rate, with a CAGR of up to 59%. According to ABI Research, the revenue growth of the 5G NTN mobile communication market is expected to be mainly driven by the launch of 5G NR-NTN satellite services (expected to occur in 2026). In addition, vehicle mobile emergency, messaging, voice and data communication use cases will also be the driving force for the growth of 5G NTN mobile communication connections.
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European 5G Observatory (2023-07-12)
Technology intelligence firm ABI Research says integrating non-terrestrial network (NTN) connectivity into the 5G mobile ecosystem has the potential to reach a market value of $18 billion by 2031.
The emergence of satellite-enabled mobile devices from consumer smartphone and chipset makers such as Apple and Motorola “indicates the upcoming introduction of satellite communications into the mainstream consumer market,” said ABI Satellite Communications Research Analyst Victor Xu.
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From Geek (2023-07-11)
Victor Xu, a satellite communications research analyst at ABI Research, emphasized that the increased traction from terminal equipment makes the industry expected to become mainstream.
He noted that "major consumer smartphone makers and chipset makers" including "Apple, Qualcomm, Motorola, MediaTek, Huawei and ZTE" are all offering satellite-enabled mobile devices as a sign of market readiness.
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Asian Wireless Communications (2023-07-11)
Victor Xu, satellite communications research analyst, highlighted increased traction from the device side as leaving the sector poised for the mainstream. He cited moves to provide satellite-capable mobile devices by “major consumer smartphone manufacturers and chipset makers” including “Apple, Qualcomm, Motorola, MediaTek, Huawei, and ZTE” as a marker of the market’s readiness.
ABI Research also highlighted a growing number of deals between satellite service providers and mobile operators. Xu noted the current batch of satellite-to-mobile services “will initially prioritise low data rate communications through IoT NTN.”
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Telecoms.com (2023-07-10)
“The emergence of satellite-enabled mobile devices from major consumer smartphone manufacturers and chipset makers like Apple, Qualcomm, Motorola, MediaTek, Huawei, and ZTE indicates the upcoming introduction of satellite communications into the mainstream consumer market,” said Victor Xu, satellite communications research analyst at ABI Research.
However, “while exciting advancements are underway in satellite-to-mobile technology, it is important to note that the recently announced satellite services will initially prioritise low data rate communications through IoT-NTN technology,” he said.
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Vanilla Plus (2023-07-08)
According to Victor Xu, satellite communications research analyst at ABI Research, “The emergence of satellite-enabled mobile devices from major consumer smartphone manufacturers and chipset makers like Apple, Qualcomm, Motorola, MediaTek, Huawei, and ZTE indicates the upcoming introduction of satellite communications into the mainstream consumer market.”
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Computer Weekly (2023-07-07)
Yet while acknowledging that exciting advancements are underway in satellite-to-mobile technology, Victor Xu, satellite communications research analyst at ABI Research, said it was important to note that the recently announced satellite services will initially prioritise low data rate communications through IoT-NTN technology,”
“Currently, satellite communication services have mainly focused on specialized emergency services and messaging with low data rates. Still, satellite networks are anticipated to eventually incorporate NR-NTN, a 5G-based, more advanced communication standard, in the next few years,” said Xu.
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Mobile World Live (2023-07-07)
ABI Research predicted the convergence of non-terrestrial networks (NTN) with the 5G sector could create a market worth $18 billion by 2031, with up to 200 million connections expected.
Victor Xu, satellite communications research analyst, highlighted increased traction from the device side as leaving the sector poised for the mainstream.
He cited moves to provide satellite-capable mobile devices by “major consumer smartphone manufacturers and chipset makers” including “Apple, Qualcomm, Motorola, MediaTek, Huawei, and ZTE” as a marker of the market’s readiness.
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Total Telecom (2023-07-07)
“The emergence of satellite-enabled mobile devices from major consumer smartphone manufacturers and chipset makers like Apple, Qualcomm, Motorola, MediaTek, Huawei, and ZTE indicates the upcoming introduction of satellite communications into the mainstream consumer market,” said Victor Xu, Satellite Communications Research Analyst at ABI Research.
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ET Telecom (2023-07-06)
The research firm said Thursday that the growing convergence of satellite techno ..
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eeNews (2023-07-06)
According to Victor Xu, Satellite Communications Research Analyst at ABI Research, “The emergence of satellite-enabled mobile devices from major consumer smartphone manufacturers and chipset makers like Apple, Qualcomm, Motorola, MediaTek, Huawei, and ZTE indicates the upcoming introduction of satellite communications into the mainstream consumer market.”
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Communications Today (2023-02-23)
“Technological gains in space tech have laid the foundations for innovative SatCom applications across diverse operational domains and a new age of intelligent satellites and satellite ground equipment,” advises Dean Tan, Satellite Communications Industry Analyst at ABI Research. “With the rapid advancements in Space Tech, the SatCom industry is at a critical inflection point. It is poised to expand beyond niche market status to play a broader role in modern communications in the coming years.”
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CIO Tech Asia (2023-02-23)
Satellite Communications (SatCom) has entered a period of renewed interest with innovative technological advances, mainly driven by ballooning investment dollars in the high-growth space tech segment and the demand for global connectivity. The SatCom ecosystem has two segments: ground equipment and space. Global technology intelligence firm ABI Research foresees sustained ground segment growth from the SatCom terminals market, potentially reaching a market value of $US15.6 billion by 2030.
“Technological gains in space tech have laid the foundations for innovative SatCom applications across diverse operational domains and a new age of intelligent satellites and satellite ground equipment. With the rapid advancements in Space Tech, the SatCom industry is at a critical inflection point. It is poised to expand beyond niche market status to play a broader role in modern communications in the coming years,” says Dean Tan, Satellite Communications Industry Analyst at ABI Research.
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Advanced Television (2023-02-23)
Satellite Communications (SatCom) has entered a period of renewed interest with innovative technological advances, mainly driven by ballooning investment dollars in the high-growth space tech segment and the demand for global connectivity. The SatCom ecosystem has two segments: ground equipment and space. Global technology intelligence firm ABI Research foresees sustained ground segment growth from the SatCom terminals market, potentially reaching a market value of $15.6 billion by 2030.
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