Report overview
Market Analysis and Insights: Global Satellite Communication Services Market
A communications satellite is an artificial satellite that relays and amplifies radio telecommunications signals via a transponder; it creates a communication channel between a source transmitter and a receiver at different locations on Earth. Communications satellites are used for television, telephone, radio, internet, and military applications. There are over 2,000 communications satellites in Earth?s orbit, used by both private and government organizations.Satellite Communication Services are kinds of Communication Services var satellite.
The global Satellite Communication Services market size is projected to reach US$ million by 2030, from US$ million in 2022, at a CAGR of % during 2023-2030.
Fully considering the economic change by this health crisis, Very Small Aperture Terminal(VSAT) accounting for % of the Satellite Communication Services global market in 2022, is projected to value US$ million by 2030, growing at a revised % CAGR from 2023 to 2030. While Merchant Shipping segment is altered to an % CAGR throughout this forecast period.
China Satellite Communication Services market size is valued at US$ million in 2022, while the North America and Europe Satellite Communication Services are US$ million and US$ million, severally. The proportion of the North America is % in 2022, while China and Europe are % and respectively, and it is predicted that China proportion will reach % in 2030, trailing a CAGR of % through the analysis period 2023-2030. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period. As for the Europe Satellite Communication Services landscape, Germany is projected to reach US$ million by 2030 trailing a CAGR of % over the forecast period 2023-2030.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Satellite Communication Services market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Satellite Communication Services market in terms of revenue.
Overall, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Satellite Communication Services market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Satellite Communication Services market.
Global Satellite Communication Services Scope and Market Size
Satellite Communication Services market is segmented by players, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Satellite Communication Services market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application for the period 2018-2030.
Segment by Type
Very Small Aperture Terminal(VSAT)
Mobile Satellite Services(MSS)
Segment by Application
Merchant Shipping
Transport
Maritime vessels
Governments
Leisure Vessels
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
By Company
Intelsat
SES
Eutelsat
Telesat
China Satcom
SKY Perfect JSAT Group
AsiaSat
Optus
Hellas Sat
Hisposat
Inmarsat
Globecomm Systems
Iridium Communications
Thuraya Telecommunications Company
Hughes Network Systems
KVH Industries
Viasat
Harris Caprock Communications
Globecomm Systems
VT Idirect
Norsat International