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2025-2034 Satellite & Telecommunication Resellers Market Evolution: Disruptions, Innovations, and Untapped Opportunities
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.Satellite & Telecommunication Resellers Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The scale of the satellite & telecommunication resellers industry has been significantly increasing over the past few years. The market value is projected to rise from $317.29 billion in 2024 to $333.63 billion in 2025, with a compound annual growth rate (CAGR) of 5.1%. Factors contributing to this historic period growth include heightened global connectivity, a rise in data usage, emerging markets, government projects and regulations, and advancements in space exploration.
Satellite & Telecommunication Resellers Market Size Forecast: What's the Projected Valuation by 2029?
In the near future, substantial growth is anticipated in the satellite and telecommunication resellers market, with an expectation to ascend to a total market value of $411.65 billion in 2029, with a compound annual growth rate (CAGR) of 5.4%. Factors contributing to this rise during the forecasted period include the expansion of low earth orbit (leo) constellations, integration of 5G, a focus on cybersecurity, and market globalization. Main trends within this projected period include the emergence of low earth orbit (leo) constellations, the expansion of satellite internet services, IoT connectivity and M2M technology, with diversified service offerings.
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What Are the Drivers Transforming the Satellite & Telecommunication Resellers Market?
Global governments are incrementally investing in the development of smart cities. The European Union is at the forefront of endorsing smart city schemes, with provisions for research funding and sustainability benchmarks set for its member countries. The smart cities concept is gaining momentum in developing countries as well. Currently, nearly 300 smart city trials are in the pipeline in China and India alone. These projects will necessitate cutting-edge telecommunications networks, serving as a significant driving force for the expansion of the satellite and telecommunication resellers market in the future.
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What Long-Term Trends Will Define the Future of the Satellite & Telecommunication Resellers Market?
Leading businesses in the satellite and telecommunications resellers sector are concentrating on establishing satellite-based systems that can facilitate bi-directional communication, with an aim to outperform their competitors in the market. Such technology refers to a system that allows for communication not only from sender to receiver but also from receiver back to sender, facilitated through satellite connections. As an example, in January 2023, Qualcomm Incorporated, a company from the United States providing semiconductors, software, and wireless technology services, introduced the Snapdragon Satellite, the first satellite-based device allowing two-way communication specially designed for high-end smartphones. The Snapdragon Satellite employs the Iridium network, consisting of 66 satellites in low Earth orbit that move at speeds of 17,000 mph across the sky and provides coverage nearly all around the world.
Which Segments in the Satellite & Telecommunication Resellers Market Offer the Most Profit Potential?
The satellite & telecommunication resellersmarket covered in this report is segmented -
1) By Type: Telecommunication Resellers, Satellite Telecommunications, Other Satellite And Telecommunication Resellers
2) By Component: Equipment, Services
2) By End-Use: Residential, Commercial
Subsegments:
1) By Telecommunication Resellers: Voice Resellers, Data Resellers, Internet Resellers
2) By Satellite Telecommunications: Satellite Voice Services, Satellite Data Services, Satellite Internet Services
3) By Other Satellite And Telecommunication Resellers: Value-added Resellers, Managed Service Providers (MSPs), Wholesale Telecommunication Services
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Which Firms Dominate the Satellite & Telecommunication Resellers Market by Market Share and Revenue in 2025?
Major companies operating in the satellite & telecommunication resellers market include Tata Consultancy Services Limited, Nippon Telegraph and Telephone Corporation, Telefonaktiebolaget LM Ericsson, Cisco Systems Inc., Infosys Limited, SES SA, Intelsat SA, Hughes Network Systems LLC, Eutelsat SA, Arqiva Limited, Telesat Canada, Speedcast International Limited, Telespazio SpA, Encompass Digital Media Inc., Hispasat SA, Globecast SA, Liquid Intelligent Technologies Limited, Russian Satellite Communications Company, Telstra Group Limited, Measat Global Berhad, Thaicom Public Company Limited, Emirates Integrated Telecommunications Company PJSC, Gazprom Space Systems Joint Stock Company, Viasat Inc., Cobham Limited, Gilat Satellite Networks Ltd., Inmarsat Global Limited, Iridium Communications Inc., Globalstar Inc., Thuraya Telecommunications Company.
Which Regions Offer the Highest Growth Potential in the Satellite & Telecommunication Resellers Market?
Western Europe was the largest region in satellite & telecommunication resellers market in 2024. Asia-Pacific was the second largest region in satellite & telecommunication resellers market. The regions covered in the satellite & telecommunication resellers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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