The Satellite Communication Industry sales study offers a comprehensive analysis on diverse features including production capacities, Satellite Communication demand, product developments, sales revenue generation and Satellite Communication market outlook across the globe.
market research report by Fact.MR, (Leading business and competitive intelligence provider) on global Satellite Communication market sales initiates with an outlook of the market, followed by the scrutiny of the demand and consumption volumes and share and size of various end-use segments
The global satellite communication market is projected to expand steadily at a CAGR of 9.4%, during the forecast period 2022-2032. In the year 2022, the market size is expected to be worth US$ 78.22 Billion. Following the increasing demand in the global market, the market for satellite communication is expected to reach US$ 192.09 Billion by 2032.
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The readability score of the Satellite Communication market demand report is good as it offers chapter-wise layout with each section divided into a smaller sections.
The report encompasses graphs and tables to show the entire assembling. Pictorial demonstration of the definite and estimated values of key segments is visually appealing to readers.
This Satellite Communication market outlook report explicates on vital dynamics such as the drivers, restraints and opportunities for key players and competitive analysis of Satellite Communication along with key stakeholders as well as emerging players associated with the manufacturing of product.
The Key trends Analysis of Extended Satellite Communication market also provides dynamics that are responsible for influencing the future sales and demand of over the forecast period.
Key Companies Profiled
- SES S.A
- Intelsat
- Viasat, Inc.
- EchoStar Corporation
- Thuraya Telecommunications Company
- Telesat
- L3 Technologies, Inc.
- Comtech Telecommunications Corp.
- GILAT SATELLITE NETWORKS
- SKY Perfect JSAT Group
- Cobham Limited
Competitive Landscape
Companies are attempting to diversify their product portfolios by filing new molecule applications or broadening the applications of existing compounds. Other tactics, such as mergers and acquisitions, industry-academia collaborations to commercialize more marketable compounds, or sequencing methodologies, will have an effect on current Satellite Communication (SATCOM) Market trends.
- In January 2021, Viasat, Inc.announced a partnership arrangement with SKY Brazil, one of Brazil’s largest satellite pay-TV operators. The agreement’s purpose was to increase the provision of reliable and fast satellite internet across Brazil. Through this arrangement, SKY will sell, install and provide on-site technical service for Viasat’s high-speed internet product. According to the partners, Viasat obtains a solid Brazilian distribution partner with demonstrated local experience. In turn, Viasat will assist SKY’s enormous network of resellers, distributors, and installers in learning about its internet service options.
- In 2020, Comtech Telecommunications Corp. and Gilat Satellite Networks Ltd. announced that Comtech has agreed to acquire Gilat in a cash and stock transaction for $10.25 per Gilat ordinary share, with 70% paid in cash and 30% in Comtech common stock, for a total enterprise value of approximately $532.5 million. Gilat, established in 1987 and headquartered in Israel, is a global leader in satellite network technologies, solutions, and services, with market-leading positions in the satellite ground station and in-flight connectivity solutions markets, as well as extensive experience operating large network infrastructures.
Key Segments Covered in the Satellite Communication Market Report
- By Component :
- Satellite Communication Equipment
- SATCOM Transmitter/Transponder
- SATCOM Antenna
- SATCOM Transceiver
- SATCOM Receiver
- SATCOM Modem/Router
- Satellite Communication Services
- Satellite Communication Equipment
- By Application :
- Asset Tracking/Monitoring
- Airtime
- M2M
- Voice
- Data
- Drones Connectivity
- Data Backup and Recovery
- Navigation and Monitoring
- Telemedicine
- Broadcasting
- By Vertical :
- Energy & Utility
- Government & Defense
- Government (civil uses)
- Emergency Responders
- Defense
- Transport & Cargo
- Fleet Management
- Rail Services
- Maritime
- Mining and Oil & Gas
- Oil & Gas
- Mining
- Agriculture
- Communication Companies
- Corporates/Enterprises
- Media & Broadcasting
- By Region :
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa
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