IT, New Media & Software

Broadband Satellite Services Market Growth (Status and Outlook) 2019-2024


Broadband Satellite Services568.jpg

Satellite broadband is network connectivity provided through low-earth-orbit (LEO) or geostationary satellites, with the latter providing much faster data rates. Satellite communication offers a wide variety of features as well as some technical limitations compared to traditional broadband Internet services. Satellites placed in geostationary orbit can deliver Internet speeds of about 0.5 Mbps. However, the speed is limited to 80 Kbps on transmissions from the user. In rural areas, this speed is typically more than what is available through other means.

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Broadband Satellite Services industry comprises providers of video delivery services, broadband satellite technologies and broadband Internet services for varied customers around the world. They offer state-of-the-art network technologies, managed services and various communications solutions for aeronautical, enterprise and government customers, among others.

This report focuses on the global Broadband Satellite Services status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Broadband Satellite Services development in United States, Europe, China, Japan, Southeast Asia, India, Central & South America and Other Regions

Rising demand for corporate enterprise networks and consumer broadband coupled with need for high-throughput connectivity in Shipping and aviation are projected to be the key driving forces for the Broadband Satellite Services market. Increasing use of high throughput satellite (HTS) for broadband communication which offers frequency reuse and on-board processing along with double throughput capability than traditional FSS is estimated to offer prominent opportunities for market growth.

According to this study, over the next five years the Broadband Satellite Services market will register a 6.2% CAGR in terms of revenue, the global market size will reach US$ 2958.1 million by 2024, from US$ 2187.2 million in 2019. In particular, this report presents the global revenue market share of key companies in Broadband Satellite Services business, shared in Chapter 3.

This report presents a comprehensive overview, market shares and growth opportunities of Broadband Satellite Services market by product type, application, key companies and key regions.

This study considers the Broadband Satellite Services value generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019 in Section 2.3; and forecast to 2024 in section 10.7.

  • C Band
  • Ku Band
  • Other

Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 10.8.

  • Maritime
  • Aircraft
  • Enterprise
  • Individual User
  • Others

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.

  • Americas
  • United States
  • Canada
  • Mexico
  • Brazil
  • APAC
  • China
  • Japan
  • Korea
  • Southeast Asia
  • India
  • Australia
  • Europe
  • Germany
  • France
  • UK
  • Italy
  • Russia
  • Spain
  • Middle East & Africa
  • Egypt
  • South Africa
  • Israel
  • Turkey
  • GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market.

The key manufacturers covered in this report: Breakdown data in in Chapter 3.

  • SES Astra
  • Inmarsat
  • Iridium Communications
  • ViaSat
  • EchoStar
  • EarthLink Holding Corp.
  • Intelsat General
  • Eutelsat
  • IDirect
  • Singtel
  • KVH
  • Harris CapRock
  • Gilat Satellite Networks
  • Avonline Satellite Solutions Ltd
  • Skycasters
  • HISPASAT Group

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives

  • To study and analyze the global Broadband Satellite Services market size by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
  • To understand the structure of Broadband Satellite Services market by identifying its various subsegments.
  • Focuses on the key global Broadband Satellite Services players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
  • To analyze the Broadband Satellite Services with respect to individual growth trends, future prospects, and their contribution to the total market.
  • To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
  • To project the size of Broadband Satellite Services submarkets, with respect to key regions (along with their respective key countries).
  • To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.
  • To strategically profile the key players and comprehensively analyze their growth strategies.

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