Press release
GEO Satellite Market Report 2024-2033: Global Outlook, Growing Demand, Rising Trends And Major Players
GEO Satellite Market
As per the report, the GEO satellite market size has grown strongly in recent years. It will grow from $16.46 billion in 2023 to $17.24 billion in 2024 at a compound annual growth rate (CAGR) of 4.8%. The GEO satellite market size is expected to see strong growth in the next few years. It will grow to $20.94 billion in 2028 at a compound annual growth rate (CAGR) of 5%.
Download Free Sample Report @ https://www.thebusinessresearchcompany.com/sample.aspx?id=14723&type=smp
Telecommunications Boom Fuelling Growth In The GEO Satellite Market
The growing demand for telecommunications services is expected to propel the growth of the GEO satellite market going forward. Telecommunications services refer to the provision of various communication services, including voice, data, and multimedia transmission, over long distances using electronic means. The growing demand for telecommunications services is due to the increasing need for connectivity, digitalization, and innovation in a rapidly evolving global economy. GEO satellite networks provide redundancy and resilience to terrestrial telecommunications infrastructure, helping mitigate the impact of natural disasters, network outages, or cyberattacks. For instance, in April 2023, according to reports published by The Office of Communications, a UK-based communications services company, mobile telephony services generated £3.3 billion ($4.15 billion) in retail revenues in 2022, a £161.1 million ($202.66 million), a 5.2% increase from a year previously. Therefore, the growing demand for telecommunications services is driving the growth of the GEO satellite market.
Advancing Weather Monitoring Innovations In The GEO Satellite Market
Major companies operating in the GEO satellite market are focusing on developing new technologies, such as the INSAT-3DS meteorological satellite, to monitor the earth's surface. This aims to improve meteorological services across various sectors such as agriculture, aviation, and disaster management by offering more accurate and timely data for weather predictions and emergency response efforts. For instance, in February 2024, the Indian Space Research Organisation (ISRO), the national space agency of India, launched the INSAT-3D meteorological satellite. These satellites are equipped with various sensors and instruments to capture data such as temperature, humidity, wind speed, cloud cover, precipitation, and atmospheric composition. Meteorological satellites, when placed in geostationary orbit (GEO), provide continuous monitoring of weather patterns and atmospheric conditions, offering valuable data for weather forecasting and climate research on a global scale.
The GEO satellite market covered in this report is segmented -
1) By Propulsion Tech: Electric, Gas based, Liquid Fuel
2) By Satellite Mass:10-100kg, 100-500kg, 500-1000kg, Above 1000kg
3) By Application: Communication, Earth Observation, Navigation, Space Observation, Other Application
4) By End User: Commercial, Military and Government, Other End User
Buy Now & Get Exclusive Discount on this Report, Checkout link @
https://www.thebusinessresearchcompany.com/Discount?id=14723&type=discount
Major companies operating in the GEO satellite market are Lockheed Martin Corporation, Airbus Defense and Space Company, Northrop Grumman Corporation, Boeing Company, Thales Group, Ball Aerospace & Technologies Corp., Singtel Optus Pty Limited, Thaicom Public Company Limited, Intelsat S.A., SES S.A., EchoStar Corporation, Inmarsat plc, Eutelsat Communications S.A., OHB System AG, Telesat Corp., Al Yah Satellite Communications Company, Asia Broadcast Satellite Pvt. Ltd., Avanti Communications Group plc, Russian Satellite Communications Company, China Satellite Communications Co. Ltd., AeroAstro Inc., JSC Information Satellite Systems Reshetnev, Loral LLC, O3b Networks Ltd., APT Satellite Holdings Limited
Contents of the report:
1. Executive Summary
2. GEO Satellite Market Report Structure
3. GEO Satellite Market Trends And Strategies
4. GEO Satellite Market - Macro Economic Scenario
5. GEO Satellite Market Size And Growth
…..
27. GEO Satellite Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Explore the report store to make a direct purchase of the report @ https://www.thebusinessresearchcompany.com/report/geo-satellite-global-market-report
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Want To Know More About The Business Research Company?
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.
Global Market Model - World's Most Comprehensive Database
The Business Research Company's flagship product, Global Market Model (www.thebusinessresearchcompany.com/global-market-model) is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release GEO Satellite Market Report 2024-2033: Global Outlook, Growing Demand, Rising Trends And Major Players here
News-ID: 3566789 • Views: …
More Releases from The Business Research Company
Company Registration Service Market Landscape 2025: Forecast Data and Growth Str …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Company Registration Service Market Through 2025?
The market size for company registration services has seen robust growth in the recent past. The market is projected to expand from $10.67 billion in 2024 to $11.55 billion in 2025, exhibiting a compound annual growth…
Comprehensive 2025 Commercial Toilet Partition Market Overview: Trends, Forecast …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Toilet Partition Market Through 2025?
In recent years, the market size for commercial toilet partitions has significantly expanded. The forecast predicts a rise from $1.82 billion in 2024 to $1.95 billion in 2025, with a compound annual growth rate (CAGR) of…
Key Trends Influencing the Growth of the Commercial Insurance For Small And Medi …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Insurance For Small And Medium-Sized Enterprises (SMEs) Market Through 2025?
The market size of commercial insurance for small and medium-sized enterprises (SMEs) has seen substantial growth over the recent years. A rise from $111.83 billion in 2024 to $119.76 billion in…
Growing Focus On Reducing Greenhouse Gas Emissions Driving The Market Growth Due …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Combustion Emissions Analyzer Market Through 2025?
In the past few years, the market size for combustion emissions analyzer has seen robust growth. It is projected to increase from $1.02 billion in 2024 to $1.09 billion in 2025, with a compound annual growth…
More Releases for GEO
Telecommunications Boom Fueling Growth In The GEO Satellite Market: Powering Inn …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the GEO Satellite Market Through 2025?
In the past few years, the GEO satellite market has displayed robust growth. Projections indicate that its size will increase from $17.24 billion in 2024 to $18.15 billion in 2025, implying a compound annual growth rate (CAGR)…
Commercial Geo Satellite Broadband Market Size Analysis by Application, Type, an …
According to Market Research Intellect, the global Commercial Geo Satellite Broadband market under the Aerospace and Defense category is expected to register notable growth from 2025 to 2032. Key drivers such as advancing technologies, changing consumer behavior, and evolving market dynamics are poised to shape the trajectory of this market throughout the forecast period.
The commercial GEO satellite broadband market is witnessing robust growth due to the rising demand for high-speed…
The GEO Group, Inc. (NYSE: GEO) Investor Alert: Update in Lawsuit
The Shareholders Foundation announced an update in the lawsuit that is pending for certain investors in shares of The GEO Group, Inc. (NYSE: GEO).
Investors who purchased shares of The GEO Group, Inc. (NYSE: GEO) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
On July 7, 2020, a lawsuit was filed against The GEO Group, Inc over alleged securities laws violations. The plaintiff…
Investigation announced for Long-Term Investors in shares of The GEO Group, Inc. …
Certain directors of The Geo Group, Inc are under investigation concerning potential breaches of fiduciary duties.
Investors who are current long term investors in The GEO Group, Inc. (NYSE: GEO) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm for current long term investors in NYSE: GEO stocks follows a lawsuit filed against The GEO Group,…
Deadline on September 7th upcoming in Lawsuit for Investors in The GEO Group, In …
A deadline is coming up on September 7, 2020 in the lawsuit filed for certain investors of The GEO Group, Inc. (NYSE: GEO) over alleged securities laws violations by The GEO Group, Inc. (NYSE: GEO).
Investors who purchased shares of The GEO Group, Inc. (NYSE: GEO) have certain options and there are strict and short deadlines running. Deadline: September 7, 2020. NYSE: GEO stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com…
Lawsuit filed for Investors in shares of The GEO Group, Inc. (NYSE: GEO) over al …
An investor, who purchased shares of The GEO Group, Inc. (NYSE: GEO), filed a lawsuit over alleged violations of Federal Securities Laws by The GEO Group, Inc..
Investors who purchased shares of The GEO Group, Inc. (NYSE: GEO) have certain options and for certain investors are short and strict deadlines running. Deadline: September 7, 2020. NYSE: GEO investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
On…
