Fixed Satellite Services Market Industry Outlook, Growth And Trends, Share, Size, Top Key Players
Posted by ramacharitbrc on November 23rd, 2023
The Fixed Satellite Services Global Market Report 2023, provides comprehensive information on the fixed satellite services market across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032
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https://www.thebusinessresearchcompany.com/report/fixed-satellite-services-global-market-report
The global fixed satellite services market is expected to grow from .24 billion in 2022 to .59 billion in 2023 at a compound annual growth rate (CAGR) of 6.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and resulted in increased interest rates affecting many markets across the globe. The fixed satellite services market is expected to reach .81 billion in 2027 at a CAGR of 5.6%.
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Strategic partnerships are a key trend gaining popularity in the fixed satellite services market. Major companies operating in the fixed satellite services market are forming partnerships to develop a new relationship in which two or more organizations develop fixed satellite technological services. For instance, in February 2022, Intelsat S.A., a US-based provider of satellite services, partnered with Sky Perfect JSAT Corporation., a Japan-based broadcasting company, to expand high-throughput satellite capacity by utilizing its JCSAT-1C high-throughput satellites (HTS), which are part of the next-generation constellation, over the Asia region. The partnership is expected to increase revenue, expand the product portfolio, enter new markets, and strengthen the company's competitive position. Furthermore, in October 2021, the Arab Satellite Communications Organization, a Saudi Arabia-based satellite operator company, partnered with Hoshan Group, a Saudi Arabia-based automation company. This partnership aims to provide Saudi Arabian enterprise hosting and teleport uplink services. It will allow the two companies to offer a broader range of services to customers in the region, including high-speed broadband, television broadcasting, and government and defense communications.
The fixed satellite services market is segmented:
1) By Service Type: Channel Broadcast, Wholesale, Audiovisual Contribution And Distribution, Broadband And Enterprise Network, Backhaul Services, Managed Services, Other Service Types
2) By Organization Size: Small Office And Home Office, Small And Medium Businesses, Large Enterprises
3) By Industry Vertical: Government, Education, Aerospace & Defense, Retail, Oil And Gas, Telecom And Information Technology, Media And Entertainment, Other Industry Verticals
North America was the largest region in the fixed satellite services market in 2022.
Top 5 Major Key Players Are:
General Dynamics Corporation
Embratel
Cobham Limited
EchoStar Satellite Services LLC
Hughes Network Systems LLC
Table Of Contents
1. Executive Summary
2. Fixed Satellite Services Market Characteristics
3. Fixed Satellite Services Market Trends And Strategies
4. Fixed Satellite Services Market - Macro Economic Scenario
5. Global Fixed Satellite Services Market Size and Growth
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32. Global Fixed Satellite Services Market Competitive Benchmarking
33. Global Fixed Satellite Services Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Fixed Satellite Services Market
35. Fixed Satellite Services Market Future Outlook and Potential Analysis
36. Appendix
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