Fixed Satellite Services Industry 2022-2027: Industry Trends, SWOT Analysis, Leading Companies Outlook, Forecast

According to the latest report by IMARC Group, titled "Fixed Satellite Services (FSS) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027", the global fixed satellite services market reached a value of US$ 22.8 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 30.4 Billion by 2027, exhibiting at a CAGR of 5% during 2022-2027. Fixed satellite services, also called FSS, represent radiocommunication services used between numerous earth stations. These satellite services utilize very small aperture terminal (VSAT) technology for sending as well as receiving calls on telephone and television signals for broadcasting. In line with this, fixed satellite services offer low power output and have large dish-style antennas for better service reception. As FSS systems provide services to several users simultaneously, they are placed strategically to cover an extensive area allowing users to communicate without losing signals. Consequently, government bodies, military organizations, small and large business firms, etc., across the globe use these systems.

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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Global Fixed Satellite Services (FSS) Market Trends:

The escalating demand for broadband connectivity, owing to the growing penetration of high-speed internet, is primarily driving the fixed satellite services (FSS) market. Furthermore, the widespread adoption of 5G technology, the inflating popularity of HDTV channels, and the increasing number of DTH TV platforms are catalyzing the market growth. Apart from this, the rising expenditure capacities on military satellite communication, telecom backhaul, content and broadcast delivery, etc., and extensive R&D activities are acting as significant growth-inducing factors. Moreover, the elevating need for high-throughput connectivity and corporate enterprise networks in the oil and gas sector is also positively influencing the global market. Besides this, government bodies are focusing on improving the information technology (IT) infrastructures and military satellite communication, which is further bolstering the market growth. Additionally, the introduction of advanced systems that offer reliable and affordable connectivity to meet the requirements of the users, especially while traveling, is expected to fuel the fixed satellite services (FSS) market in the coming years.

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Competitive Landscape with Key Players:

• Embratel Star One
• Eutelsat Communications
• Telesat Holdings
• SKY Perfect JSAT Holdings
• Thaicom Public Company Ltd
• Nigerian Communications Satellites Ltd
• Telenor Satellite Broadcasting
• Singapore Telecommunications Ltd (Singtel)
• SES S.A
• Arabsat
• Hispasat, Intelsat S.A

Breakup by Service:

• TV Channel Broadcast
• Telecom Backhaul
• Broadband Services
• Content and Video Distribution
• Military Satellite Communication

Breakup by Organization Size:

• Small Offices and Home Offices (SOHO)
• Small and Medium Businesses (SMB)
• Large Enterprises

Breakup by End-User:

• Media and Entertainment
• Education
• Government
• IT and Communications
• Retail
• Oil and Gas
• Aerospace and Defense
• Others

Breakup by Region:

• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key Highlights of the Report:

• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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Contact Us:

IMARC Group
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About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

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