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Satellite Internet Market Analysis, Growth Factors and Dynamic Demand by 2032

01-11-2023 04:34 PM CET | IT, New Media & Software

Press release from: Analytics Market Research

Satellite Internet Market

Satellite Internet Market

Satellite Internet Market was valued at USD 7.37 billion in 2021 and is expected to witness a compound annual growth rate (CAGR) of 11.6% from 2022 to 2030.
Over the past two decades, primarily as a result of the smartphone revolution, the internet has changed from a good to an amenity and then to a necessity. Although there were over 48% smartphone users in 2020, primarily urban residents were using the internet.

Market Dynamics
Satellite communication services provide secure bandwidth capacity for military operations conducted in remote locations with poor and unstable communications infrastructure. The revenue from Fixed Satellite Services (FSS) used in government and military applications is anticipated to rise dramatically in the following years. Commercial satellite technology is being incorporated by governments all around the world into their networks for military communication. This is the consequence of the government's stepped-up efforts to fulfil the expanding communication requirements for a range of applications, including Airborne Intelligence, Surveillance, and Reconnaissance (AISR) and Communications on the Move (COTM) (COTM). Satellite services excel at providing the comprehensive and dependable coverage that these services require.

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Global Satellite Internet Market: Major Players
Frontier
ViaSat (Exede)
DishNET
EchoStar (Hughesnet)

Global Satellite Internet Market: Types
Two-way Satellite-only Communication
One-way Receive
One-way Broadcast

Global Satellite Internet Market: Applications
Commercial
Residential
Military
Industrial
Others

Global Satellite Internet Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Satellite Internet market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
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Frequently Asked Questions About This Report
• How big is the satellite internet market?
• What is the satellite internet market growth?
• Which segment accounted for the largest satellite internet market share?
• Who are the key players in satellite internet market?
• What are the factors driving the satellite internet market?

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