Matthias Foo

Matthias Foo

Industry Analyst

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Matthias Foo In The News


Broadcast & Cablesat (2023-06-28)
According to global technology intelligence firm ABI Research, total satellite IoT connections will increase from 10.4 million in 2022 to 27.0 million in 2030 (at a CAGR of 12.7%), with satellite IoT connection revenue growing from US$2.2 billion to US$7.8 billion in the same period (at a CAGR of 16.6%). “Reusable rocket technology has driven down the cost of launching satellites into orbit, with prominent players such as SpaceX and its Falcon rockets. Increased competition in the space launch services industry from China, for example, is expected to further drive down launch costs,” explains Matthias Foo, Industry Analyst at ABI Research. “Beyond that, CubeSat technology has also enabled quick and low-cost deployment of new LEO satellites as they can be built rapidly with standard off-the-shelf components.”
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New Straits Times (2023-01-03)
According to global technology intelligence firm ABI Research, revenues for 5G private network and 5G network slicing deployments in the Asia Pacific will increase from US$732 million and US$151 million in 2022 to over US$13 billion and US$12 billion by 2028, respectively. "5G-to-Business applications have been shown to improve productivity and reduce costs for enterprises across different verticals," said ABI Research's 5G Markets industry analyst Matthias Foo.
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Developing Telecoms (2022-10-20)
Speaking to Developing Telecoms, ABI Research industry analyst Matthias Foo said that maturing debts are the main reason for their respective tower strategies - but it is also a move to boost network performance in the face of new competition from Dito Telecommunity and Now Telecom.
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