ID: MRFR/ICT/3270-HCR | January 2023 | Region: Global | 100 Pages
Segmentation | |||||||||||||||||
|
|
|
|||||||||||||||
Companies Profiled | |
---|---|
Key Players | |
Hughes Communications Ins. | |
Visat Inc (US) | |
Avon line Satellite Solutions Ltd(UK) | |
Speedcast International Ltd(Australia) | |
Skycasters LLC (U. S) | |
Immarsat PLC(UK) | |
Iridium Communications Inc(U. S) | |
Globalstar Inc.(U. S) |
Market Driving Forces | |
---|---|
Drivers | |
The ability of the network connectivity to reach rural area where the network connection is very poor |
The global commercial satellite broadband market is expected to reach approximately USD 18.59 Billion by the end of 2030 with approximate 20.4% CAGR during the forecast period from 2020-2030.
VALUE CHAIN ANALYSIS
The supply chain of the market generates the largest revenues. The companies involved in the supply chain plays a major role as providers or act as a start-up company. These suppliers invest a few sums and carry out end-to-end users for a hassle-free service.
SEGMENT OVERVIEW
REGIONAL ANALYSIS
It is also noted that segmentation is also done based on regions that come under North America, Europe, Asia Pacific, and many other parts of the world. The most leading regions are North America and Europe. These regions are the most established regions having high internet connectivity and providing high-speed data services. The Asia Pacific and the other regions cover a significant commercial satellite broadband market share concerning usage and application of these broadband services as these regions are comprised of rural and less network service areas. They carry out strategic planning by adopting consulting services at every phase of the process. Regional analysis is also applicable for areas under the Middle East and South Africa separately.
RECENT DEVELOPMENTS
COMPETITIVE LANDSCAPE
Commercial satellite broadband market revenue is emphasized by numerous companies of satellite broadband which plays as the major key players of the commercial satellite broadband industry. These competitors try hard to stay at the top position of the market by adopting new services, partnerships, acquisitions, etc. they are trying hard to take every step for expanding the business. Some of the key vendors of the market are Hughes Communications Ins., Visat Inc (US), Avon line Satellite Solutions Ltd(UK), Speedcast International Ltd(Australia), Skycasters LLC U. S), Immarsat PLC(UK), Iridium Communications Inc(U. S), Globalstar Inc.(U. S), and many others. A good sense of market revenue and sales are being generated by the competitive landscape. They carry out business strategies and innovations. The collab with the mergers and build good relation with them.
REPORT OVERVIEW
Commercial satellite broadband market insight provides various segments along with an analysis of the marketing trends and the factors that provide a holistic evaluation of the market. The report comprises the market dynamics, along with the growth, opportunities, and restraints of the broadband industry. The report also marks the quantitative and qualitative estimation of the full-fledged satellite industry. It also emphasizes the key players of the market and gives an in-depth analysis and value chain perspective of the broadband industry. It also analysis about the complete market scenario and the provision of growth value of the market. Commercial satellite broadband market insight shows the exponential smoothening which shows the eradication of the screwed results of the market. The report also studies the segmentation, including the channel and industry segment. It also covers the commercial satellite broadband market size, volume, and density of the sales channels and distributors.
Report Attribute/Metric | Details |
---|---|
Market Size | 18.59 Billion |
CAGR | 20.4% |
Base Year | 2019 |
Forecast Period | 2020-2030 |
Historical Data | 2018 |
Forecast Units | Value (USD Billion) |
Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
Segments Covered | By Component, By Frequency band, |
Geographies Covered | North America, Europe, Aisa Pacific |
Key Vendors | Hughes Communications Ins. Visat Inc (US) Avon line Satellite Solutions Ltd(UK) Speedcast International Ltd(Australia) Skycasters LLC (U. S) Immarsat PLC(UK) Iridium Communications Inc(U. S) Globalstar Inc.(U. S) |
Key Market Opportunities | increase in requirement of high-speed connectivity and growth in worldwide competition |
Key Market Drivers | ability of the network connectivity to reach rural areas where the network connection is very poor |
The market is anticipated to advance at a rate of 20.4%.
By the end of 2030, the market value is expected to be approximately USD 18.59 Billion.
Inmarsat PLC (U.K.), Eutelsat S.A.(France), Hughes Communications, Inc (U.S.), EarthLink Holding Corp.(U.S.), ViaSat Inc.(U.S.), Avonline Satellite Solutions Ltd (U.K.), Iridium Communications Inc. (U.S.), Thaicom Public Company Limited (Thailand), Globalstar, Inc. (U.S.), Dish Network LLC (U.S.), Speedcast International Limited (Australia), Skycasters LLC (U.S.), are the prime players in the global market.
Hospitals, public safety and civil defense are the leading segments among all the end-users.
gateway, satellite, modem, network operations center (NOC) and antenna are the component-dependent segments analyzed in the report.