The global shared satellite services market size was significantly robust in 2021 and is expected to register a revenue CAGR during the forecast period. Increasing adoption of high-definition video channels and Direct-To-Home (DTH) subscriptions coupled with a surge in demand for broadband and corporate enterprise networks at high speeds are key factors driving revenue growth of the global shared satellite services market. Demand for DTH services and number of subscribers have increased substantially in the last few years, owing to increasing adoption of smartphones, which has resulted in growing demand for high-speed satellite internet connectivity. Revenue growth of the market is also driven by a rise in technological advancements digitally to help connect individuals, families, and groups residing in remote locations to get better access to communication systems. Moreover, there is an increasing demand for satellite-based services such as in-flight connectivity and maritime broadband services, growing demand for various security surveillance purposes, and rising investments by key players to develop innovative satellites globally. On 10 February 2022 for instance, Reliance Jio Infocomm’s announced that it has formed a satellite unit Jio Satellite Communications Ltd (JSCL), and has applied to the Department of Telecommunications for a Global Mobile Personal Communication by Satellite (GMPCS) license. The license will allow the organization to compete globally with Bharti Airtel group, which is backed by One Web, Starlink, Amazon’s Project Kuiper, and Tata Telesat.
The market size, revenue growth rate, industry statistics, revenue splits by regional markets, gross margins, production costs, and product portfolios are all covered in reports about the global Shared Satellite Services market. The most significant drivers, opportunities, trends, challenges, supply and demand ratios, production and consumption patterns, stringent regulatory frameworks, and a wide range of micro- and macro-economic aspects are also highlighted in the research.
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Competitive Terrain:
The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Shared Satellite Services market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.
The leading market contenders listed in the report are:
AMOS Spacecom, ESSP - SAS, Hughes Network Systems, LLC, Viasat, Inc., Nelco Ltd., EnduroSat AD, Thales, Seradata Limited, Satellogic, Asia Satellite Telecommunications Co. Ltd., EchoStar Corporation, Inmarsat Global Limited Co., Ltd.
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Emergen Research has segmented the global Shared Satellite Services market on the basis of type, application, end-use, and region:
Product Type Outlook (Revenue, USD Billion; 2019-2030)
Fixed Satellite
Mobile Satellite
Service Type Outlook (Revenue, USD Billion; 2019-2030)
Channel Broadcast
Wholesale
Audiovisual Contribution and Distribution
Broadband and Enterprise Network
Backhaul Services
Managed Services
Others
Orbit Type Outlook (Revenue, USD Billion; 2019-2030)
LEO
MEO
GEO
The various regions analyzed in the report include:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Objectives of the Report:
Analysis and estimation of the Shared Satellite Services Market size and share for the projected period of 2022-2030
Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Shared Satellite Services Market
Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities
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