Fixed Satellite Services Market Growth Industry Trends, Sales Revenue

Global Fixed Satellite Services Market Research Overview 2020-2025: Industry Growth Analysis by Key Players, Types, Applications, Countries, and Forecast.

The Fixed Satellite Services market is expected to register a CAGR of 5.48% over the forecast period 2020 – 2025. This report presents market Size, Share, COVID Impact Analysis and Forecast to 2025.  It is comprehensive research with in-depth data and contemporary analysis of Fixed Satellite Services Market at a global, regional and key country level, split by different sub-segments of the industry.

Fixed satellite services (FSS) use ground equipment at set locations to receive and transmit satellite signals. Fixed satellite services generally have a low power output and larger dish-style antennas are required for reception. Also, the satellites used for fixed service require less power than direct broadcasting satellites (DBS).
– The fixed satellite service market is expected to grow significantly over the forecast period, owing to the rise in the extensive use of data communications and increasing demand for high-speed internet.
– High capital investment and increasing use of fiber optic transmission cables are some of the major factors restraining the adoption of the fixed satellite services. Also, the stringent government regulation related to the market and limited orbital locations can also effect the entrance of new players into the studied market.
– The demand for fixed satellite services is also rising from the enterprise segment. In July 2018, Gilat Telecom announced that it was chosen as a service provider for Iridium Certus for land-mobile applications and can now offer customers a wider variety of fixed connectivity solutions.

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For each of the market segments, the Fixed Satellite Services Business analysis incorporates valuable differentiation data. These segments are further investigated on a number of levels, including historical results Also, Industry technological advancement, market size estimate, market competitive situation and development patterns, emerging opportunities, growth prospects, types and applications are all covered in this study.

Scope of the Report

Fixed satellite services (FSS) provides a high-speed connection to the end users by making use of very small aperture terminal (VSAT) technology. FSS systems are positioned in a fixed strategic location and the coverage area extends up to several square miles. FSS systems are used in various sectors like commercial, aerospace and defense, media but the telecom industry is the prime user among all.

Key Market Trends

Increasing 5G Penetration to Stimulate the Market Growth

– Increasing 5G penetration is expected to further increase the market growth over the forecast period. This is because with the increased usage of 5G connection among users, the market is likely to grow even bigger as the 5G connection uses the fixed satellites to establish connections.
– Research has been undertaken regarding 28 GHz band sharing between 5G new radio cellular systems and fixed satellite services (FSS).
– This method focuses on modelling a sharing scenario between the uplink of the FSS system and the uplink of the 5G NR enhanced mobile broadband (eMBB) cellular system. It can help in developing an interference from the FSS terminals toward the 5G base station, known as next-generation Node-B.

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Asia-Pacific is Expected to be the Fastest Growing Market

– The region is estimated to be the fastest growing market over the forecast period, owing to the booming telecom sector in the region and increasing investment in the satellite services market.
– In December 2018, China launched its first communication satellite to provide space-based internet services worldwide, in an apparent bid to rival other international firms. Moreover, in February 2019, India launched its communication satellite GSAT-31 by a European launch services provider. It is a high power communication satellite with Ku-band, and it is going to serve and replace some of the satellites that are going to expire soon.
– The continued efforts by the government of the countries and their efforts are driving the fixed satellites and therefore the related services market in the region.

Competitive Landscape

The fixed satellite services market is highly competitive and consists of a few major players. In terms of market share, a few of the major players currently dominate the market. These players with high market shares in the market are focusing on expanding their customer base across foreign countries. These companies are constantly seeking strategic collaborative initiatives to increase their market share and increase their profitability. The companies operating in the market are also collaborating/acquiring firms working on fixed satellite services to strengthen their product capabilities. Some of the major firms in the market are Intelsat SA, Eutelsat Communications, Singapore Telecommunications Ltd (Singtel), among others.

– July 2018: Intelsat and Eutelsat announced that they are aligned on a market-based proposal for the future use of the lower C-band spectrum in the United States.
– June 2018: Intelsat announced that the Ministry of Transport and Communications (MOTC) of Myanmar broadened its relationship with Intelsat to accelerate the deployment of the countrys wireless communications infrastructure in Myanmar.

All the reports that we list have been tracking the impact of COVID-19 the market. Both upstream and downstream of the entire supply-chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.

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