Satellite Connectivity Market – A Global and Regional Analysis: Focus on Satellite Connectivity Solutions, End Users, Components, Application, and Operational Orbit - Analysis and Forecast, 2020-2027
Global Satellite Connectivity Market Value to Reach $84.88 Billion by 2027
Key Questions Answered in this Report: • What are the major drivers, challenges, and opportunities for the satellite connectivity market during the forecast period 2020-2027? • How is COVID-19 affecting the growth of the global satellite connectivity market? • What are the recent trends in the satellite connectivity market and shift in demand within the orbit segment? • Who are the key players in the satellite connectivity market, and what is their competitive benchmarking? • What is the expected revenue generated by the global satellite connectivity market during the forecast period 2020-2027? • What are the strategies adopted by the key players in the market to increase its market presence in the industry? • Which application of the satellite connectivity and end user is expected to dominate the market in 2027? • What are the competitive strengths of the key players in the satellite connectivity market? • What would be the aggravated revenue generated by the satellite connectivity market segmented by region (North America, Europe, Asia-Pacific, and Rest-of-the-World) by 2027?
Global Satellite Connectivity Market Forecast, 2020-2027
The satellite connectivity industry analysis projects the market to have significant growth of CAGR of 13.09% based on the values during the forecast period from 2020 to 2027. The North America region is expected to dominate the market by 2027 with a share of 43.21%. The North America region includes the U.S. and Canada, but the U.S. is expected to acquire a major share in 2027 due to the increase in the investment of companies in the country.
The satellite connectivity market has gained huge importance in the past few years.This is due to the rising demand for commercial satellite communications.
Several space agencies and research organizations and industry players are engaged in establishing global satellite communications.
Scope of the Global Satellite Connectivity Market
The satellite connectivity market research provides the market information for segmentation such as the range of application of satellite communications based on its end-users and range of usable frequencies.The market is also divided depending upon the components and their operational orbits.
The market analysis examines the satellite connectivity market outlook in terms of the trends, driving forces, opportunities, technological advancements, and competitive benchmarking, among others.
The report further takes into consideration the market and business dynamics, along with the detailed product contribution of the key players operating in the market.
Global Satellite Connectivity Market Segmentation
The report constitutes an extensive study of the satellite connectivity industry.The report largely focuses on providing market information for satellite communication covering various segments, components, frequencies, and regions.
The frequency range included VHF, UHF, SHF, and EHF.The orbits were classified into low Earth orbit, middle Earth orbit, and geostationary orbit.
The market is further segmented into three end use, namely government/civil, defense, and commercial.
The satellite connectivity market is segregated by region under four major regions, namely North America, Europe, APAC, and Rest-of-the-World. Data for each of these regions (by country) is provided.
Key Companies in the Global Satellite Connectivity Industry
The key players in the global satellite connectivity market include Thales Group, Indra Group, Echostar, Viasat, General Dynamics, Inmarsat, Cobham PLC, L3Harris Technologies, Honeywell, Israel Aerospace Industries, Norsat, Aselasan, SitaOnAir, Collins Aerospace (UTC), Singtel, Telemar Group, Marlink, Leonardo S.p.A, SpaceX, Kongsberg and government space agencies such as the European Space Agency (France), and Indian Space Research Organisation (India).
Countries Covered • North America • U.S. • Canada • Europe • Germany • Russia • France • U.K. • Rest-of-Europe • Asia-Pacific • Japan • India • China • Rest-of-Asia-Pacific • Rest-of-the-World • Africa • Latin America • Middle East
Our reports have been used by over 10K customers, including:
Global Nanosatellite and Microsatellite Market to Grow at a CAGR of 24.86% from 2020-2026
Key Questions Answered in this Report:
• What are the major drivers, challenges, and opportunities for the global nanosatellite and microsatellite market during the forecast period 2020-2026?
• How is...
The satellite manufacturing and launch systems market is poised to register a CAGR of 3.71%, during the forecast period. - There is an increased demand for satellites from the civil/government, commercial, and military sectors in recent years. Currently, countries like the United States, Russia, China, India, Japan, and a few European...
The global nanosatellite and microsatellite market reached a value of US$ 1.64 Billion in 2020. Nanosatellites and microsatellites (NaM) refer to miniaturized artificial satellites that weigh between 1 to 10 kilograms. They circle the earth in a polar (circular or elliptical) orbit and are usually launched at low altitudes. They travel at...
Opportunities for imaging radars are largely driven by the needs for high precision and high resolution imaging required in land surveillance for assessment of vegetation, topography, hydrology in turn enabling governments or influencing organizations make informed decisions. A key area where imaging radars are finding extensive adoption is...
The remote sensing services market was valued at US$ 13,025.5million in 2019 and is projected to reach US$ 37,650.7million by 2027; it is expected to grow at a CAGR of 14.8% from 2020 to 2027. Remote sensing services providers facilitate the identification of processes, events, and objects at a distance through the detection of emitted or...
The research covers the technology trends, market trends, growth opportunities, growth drivers, and growth restraints for the space market. The Middle Eastern space market covers the upstream services market, downstream services market, satellite services, and launch services in detail.
It also covers the space policies of each of...
The satellite bus market is anticipated to grow at a CAGR of 3.67% during the forecast period. - The increasing demand for satellite applications for various purposes, such as communication, navigation, space exploration, and scientific purposes, earth observation, and experiments, is anticipated to generate demand for new satellites,...
The global satellite industry is expected to reach US$508.0 billion in 2024, at a CAGR of 6.51%, for the duration spanning 2020-2024. Factors such as growing number of active satellites, rising penetration of pay TV, expanding coverage of 4G connectivity, increasing usage of the internet, and rapid urbanization would drive the growth of the...
Silver lining: The pandemic could drive subscriptions to cloud-based satellite-enabled services Abstract Satellite Telecommunications Activities in the UK Industry participants operate, maintain and provide access to satellite infrastructure to transmit voice, data, text, sound and video. Industry operators...
Increased demand for LEO-based services and demand for Earth observation imagery and analytics are the major factors driving the Small Satellite Market. The global Small Satellite market size is projected to grow from USD 2.8 billion in 2020 to USD 7.1 billion by 2025, at a CAGR of 20.5% from 2020 to 2025. The market is driven by various...
Satellite
APAC
North America
Europe
Greenhouse Gas Emissions
Sea Passenger Traffic
By continuing to use this site you consent to the use of cookies on your device as described in our Cookie Policy unless you have disabled them.
You can change your Cookie Settings at any time but parts of our site will not function correctly without them.