Press release
Fixed Satellite Services Market 2022 SWOT Analysis and Key Business Strategies by Leading Players – Embratel Star One, Eutelsat Communications
Latest research on Fixed Satellite Services Market report covers forecast and analysis on a worldwide, regional and country level. The study provides historical information of 2016-2021 together with a forecast from 2022 to 2026 supported by both volume and revenue (USD million). The entire study covers the key drivers and restraints for the Fixed Satellite Services market. This report included a special section on the Impact of COVID19. Also, Fixed Satellite Services Market (By major Key Players, By Types, By Applications, and Leading Regions) Segment’s outlook, Business assessment, Competition scenario and Trends. The report also gives 360-degree overview of the competitive landscape of the Fixed Satellite Services industry.The fixed satellite services market was valued at USD 22.46 billion in 2020 and is projected to reach USD 27.15 billion by the end of 2026, registering a CAGR of 5.48% during the forecast period (2021 - 2026).
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The Fixed Satellite Services market is highly competitive and consists of a number of major players. Top Companies like Embratel Star One, Eutelsat Communications, Telesat Holdings, Thaicom Public Company Ltd, Nigerian Communications Satellites Ltd, Telenor Satellite Broadcasting, Singapore Telecommunications Ltd (Singtel), SES SA, Arab Satellite Communications Organization, Hispasat SA, Intelsat SA
Industry News And Developments:
- 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 country�s wireless communications infrastructure in Myanmar.
Regional Analysis:
Furthermore, to broaden the understanding, researchers have studied the global Fixed Satellite Services market from a geographical point of view, considering the potential regions and countries. The regional analysis will assist the market players in making sound decisions regarding their future investments.
Fixed Satellite Services Market report includes the following geographic areas such as North America, Europe, China, Japan, Southeast Asia, India and ROW.
Scope of the Report
- 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.
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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).
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.
What are the market factors that are explained in the report?
–Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.
–Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
–Analytical Tools: Fixed Satellite Services Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, feasibility study, and investment return analysis have been used to analyzed the growth of the key players operating in the market.
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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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