SAN FRANCISCO, September 12, 2018 /PRNewswire/ --
The Fixed Satellite Service market is expected to witness a positive traction during the forecast period. A fixed satellite service enables transmission between ground stations from the provided location fixed at a specific area that uses VSAT technology to allow rapid data communication to end-users. The fixed satellite service works on Ka-band, X-band, and C-band that offers premium services on prevailing networks. Fixed satellite service enhances high-speed for data transmissions, enables cost-effectiveness, better performance and reliability; and is expected to further augment the market growth in the forecast period. Fixed satellite service market is driven by factors such as rise in extensive use of data communications that need rapid data transfers for transmission. Rise in the number of data channels and service providers coupled with use of ultra-definition HD for display acts as a key driver for fixed satellite services market. Increase in R&D and use of end-user hardware are likely to account for a significant market share. Rise in use of Internet services and penetration of smartphones is now a crucial factor, which is expected to propel the market demand in the forecast period.
Based on type, the fixed satellite service market is segmented into transponder agreements and managed network services. By organization size, the fixed satellite service market is segmented as small enterprises, medium enterprises, and large enterprises. By vertical segmentation, the fixed satellite service market includes government, media and entertainment, BFSI, healthcare, transportation, public sector, manufacturing sector, IT & Telecom sector, Energy & Utilities. Geographical segmentation for fixed satellite service market includes North America, Latin America, Europe, Asia-Pacific, Middle East and Africa. European market is anticipated to account for a higher market share owing to the presence of number of service providers, followed by Asia-Pacific and MEA. North American market is anticipated to witness a rapid growth in the forecast period due to rise in broadband and DTH services. Middle Eastern and African market is anticipated to rise at a positive CAGR in the forecast period. The key players in the fixed satellite service market include Intelsat, SES S.A., SKY Perfect JSAT Corp, Arabsat, Eutelsat, Thaicom Public Company Limited, Hispasat SA, Antrix, Asia Satellite Telecommunications Co Ltd, and Singtel Optus Pty Limited.
This report studies the global Fixed Satellite Service market size, industry status and forecast, competition landscape and growth opportunity. This research report categorizes the global Fixed Satellite Service market by companies, region, type and end-use industry. In 2017, the global Fixed Satellite Service market size was million US$ and it is expected to reach million US$ by the end of 2025, with a CAGR of during 2018-2025.
Access 91 page research report with TOC on "Fixed Satellite Service Market" available with Radiant Insights, Inc. @ https://www.radiantinsights.com/research/global-fixed-satellite-service-market-size-status-and-forecast-2025
This report focuses on the global top players, covered
- Eutelsat Communications
- SKY Perfect JSAT
- SingTel Optus
- Star One
- Russia Satellite Communication
- China Satellite Communications
Market segment by Regions/Countries, this report covers
- United States
- Southeast Asia
Market segment by Type, the product can be split into
- Wholesale Services
- Managed Services
Market segment by Application, split into
- Military Organization
- Small and Large Enterprises
- Other End-Users
In this study, the years considered to estimate the market size of Fixed Satellite Service are as follows:
- History Year: 2013-2017
- Base Year: 2017
- Estimated Year: 2018
- Forecast Year 2018 to 2025
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
- Fixed Satellite Service Manufacturers
- Fixed Satellite Service Distributors/Traders/Wholesalers
- Fixed Satellite Service Subcomponent Manufacturers
- Industry Association
- Downstream Vendors
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