Victor Xu
Industry Analyst
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Topics Covered
5G Devices, Smartphones & Wearables
Satellite Communications Innovation & Technologies
5G & 6G Cloud-Native Systems
Insights
Tariffs and Tech: New Challenges for Apple’s Manufacturing Operations in Vietnam
Insight | 2Q 2025 | IN-7790
Could the Philippines Emerge as a Rising Data Center Hub in Southeast Asia?
Insight | 2Q 2025 | IN-7782
Can Small Modular Reactors Be a Practical Pathway for Developing Sustainable Data Centers in Southeast Asia?
Insight | 1Q 2025 | IN-7760
China’s SpaceSail Brazilian Venture: What Are the Market Projections for the Global Satellite Internet Market?
Insight | 4Q 2024 | IN-7631
Starlink Satellite Internet Surpasses 4 Million Subscribers, What’s Next for the Satellite Internet Market?
Insight | 4Q 2024 | IN-7559
HarmonyOS: Huawei’s Rising Star to Challenge the Android-iOS Duopoly?
Insight | 2Q 2024 | IN-7352
Google to Expand Satellite Connectivity Reach with Android 15; Could This Be a Game Changer for NTN Mobile?
Insight | 2Q 2024 | IN-7338
Is Starlink Mini a Giant Leap for SatCom Terminals and What Are the Commercial Prospects for SatCom Terminals?
Insight | 1Q 2024 | IN-7225
Starlink Goes Cellular: FCC Grants SpaceX Permission for Trials; What’s the Market Opportunity for Space Calls?
Insight | 4Q 2023 | IN-7190
Beyond the Stars: Space-Cleaning Robots and the Vast Potential of Space Robotics
Insight | 3Q 2023 | IN-7024
Thailand 5G Updates: Ericsson and Intel to Power Up 5G Enterprise Adoption in Thailand, What’s In the Cards?
Insight | 2Q 2023 | IN-6987
China: Market Updates and Commercial Opportunities in the World’s Largest 5G Market
Insight | 2Q 2023 | IN-6914
Singapore: Market Updates and the 5G Enterprise Growth Tailwinds
Insight | 1Q 2023 | IN-6867
Singapore: Market Updates and the Digital Transformation Wave with 5G
Insight | 4Q 2022 | IN-6718
China: Updates and Market Opportunities in the World’s Largest Next-Generation Mobile Network Market
Insight | 3Q 2022 | IN-6676
Non-Terrestrial Network Connectivity Promises to Expand the Market Opportunity for Satcoms
Insight | 3Q 2022 | IN-6671
Research
Strategies for Sustainable Data Centers in Southeast Asia
Presentation | 2Q 2025 | PT-2905
Highlights & Developments in the NTN and D2C Marketplace: 2025
Presentation | 1Q 2025 | PT-2609
Satellite Communications: IoT Deployments & Subscriptions Market Data Overview: 1Q 2025
Presentation | 1Q 2025 | PT-3635
Satellite Communications: IoT Deployments & Subscriptions
Market Data | 1Q 2025 | MD-SATCI-102
NTN: HAPS Applications and Services
Report | 4Q 2024 | AN-5648
Satellite Imaging Platforms Developments & Outlook
Presentation | 3Q 2024 | PT-2612
Satellite Communications: Highlights & Developments in the Satellite IoT Marketplace: 3Q 2024
Presentation | 3Q 2024 | PT-2899
Satellite Communications: IoT Deployments & Subscriptions
Market Data | 2Q 2024 | MD-SATCI-101
Satellite Communications Market Data Overview: 1Q 2024
Presentation | 2Q 2024 | PT-3153
Connecting the Unconnected: Utilizing SatCom to Close the Digital Divide
Report | 3Q 2023 | AN-5864
The Role of Satellite in 5G: Non-Terrestrial Networks (NTN) Mobile
Report | 2Q 2023 | AN-5515
Satellite Communication Terminals and CPE Shipments
Market Data | 1Q 2023 | MD-SATETS-101
Victor Xu In The News
NTN and D2C: $25B Growth by 2035
Medium (2025-03-10)
“The D2C market is experiencing a seismic transformation, with industry leaders such as Apple, SpaceX, and AST SpaceMobile driving satellite-enabled connectivity into the consumer mainstream,” said Victor Xu, industry analyst at ABI Research.
Citation
ABI Research-Global NTN and D2C Market Revenue to Reach US$25 Billion by 2035
Market Screener (2025-03-4)
'The D2C market is experiencing a seismic transformation, with industry leaders such as Apple, SpaceX, and AST SpaceMobile driving satellite-enabled connectivity into the consumer mainstream,' explains Victor Xu, Industry Analyst at ABI Research. 'Apple's strategic control of 85% of Globalstar's...
Citation
Analysts See U.S. and China Keeping Markets Closed to Each Other's LEO Systems
Communications Daily (2025-02-18)
The U.N. Office for Outer Space Affairs counts more than 50 of Shanghai SpaceSail Technology's Thousand Sails satellites in orbit. The constellation is China's answer to global connectivity via LEO, ABI Research analyst Victor Xu wrote in December. His comments came after SpaceSail and Telebras,...
Citation
Satellite IoT Market Soars, Projected to Reach $4B by 2030 with Sustainable Use Cases in Mind
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...
Citation
Partnership to drive satellite IoT
Future IoT (2024-08-9)
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,...
Citation
Satellite IoT market will reach 26m connections, according to ABI
IoT Insider (2024-08-8)
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,...
Citation
More satellite IoT stats – market to top 26m connections, $4bn value by 2030
RCR Wireless News (2024-08-7)
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...
Citation
ABI Research: Global connectivity demands rapid growth of the satIoT market
SatNews (2024-05-1)
“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...
Citation
Satellite IoT Poised for Rapid Growth
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...
Citation
Amazon’s Competitor to Musk’s Starlink Takes Critical Step Toward Deployment
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....
Citation
Southeast Asia SatCom Internet Market to Reach 1.8M Subscriptions by 2028
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...
Citation
ABI Research: Satellite internet connecting the unconnected in South-East Asia
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...
Citation
Satellite internet subscriptions to exceed 1.8 million by 2028
Broadcast & Cablesat (2023-10-5)
"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...
Citation
Japan's telco operators make steady progress on satellite initiatives
Light Reading (2023-09-5)
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...
Citation
130.2 billion! 5G satellite
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...
Citation
Report: Satellite-enabled 5G mobile networks could reach market value of $18 billion
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...
Citation
ABI Research: 5G NTN market size will reach $18 billion by 2031
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,...
Citation
ABI Research: NTN-5G convergence could create $18 billion market by 2031
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,...
Citation
Satellite 5G revenues on course to hit $18 billion by 2031
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...
Citation
5G NTN-mobile market to reach $18bn by 2031, says ABI Research
Vanilla Plus (2023-07-8)
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...
Citation
5G NTN-mobile market revenue to hit $18bn by 2031
Total Telecom (2023-07-7)
“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...
Citation
Satellite connectivity industry to gain even higher orbit
Computer Weekly (2023-07-7)
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...
Citation
SatCom terminal sales to hit $15 billion by 2030
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...
Citation
SatCom terminal sales driven to $US15 billion
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...
Citation
Research: Connectivity demand drives SatCom terminal sales
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...
Citation