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Fixed satellite services market illuminated by new report

Telecommunications Market Research

The fixed satellite services market was valued at USD 19.6 billion in 2017 and is projected to reach USD 23.4 billion by the end of 2023, registering a CAGR of 5.48%, during the forecast period (2018 - 2023).

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Report: orbisresearch.com/contacts/request-sample/2131959

The scope of the report is limited to the type of services provided by satellite communications providers and the organization size. The regions considered in the scope of the report include North America, Europe, Asia-Pacific, Latin America, and Middle-East & Africa.

Fixed Satellite Services (FSS) provide high-speed connection to the end-users by making use of Very Small Aperture Terminal (VSAT) technology.

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FSS works on various bands, such as X-band, Ka-band, and C-band. FSS systems are positioned in a fixed strategic location and coverage area extends up to several square miles.

These systems deliver high performance, reliability, and cost effective structure, thus creating a positive impact on the market.

FSS systems have uses in various industries but telecom industry is its prime user. With increased smartphone penetration and computer usage, the demand for internet has increase exponentially.

Moreover, increased broadband and DTH services are driving the growth of fixed satellite services Market.

Ever-Increasing Broadband and DTH Subscription
The demand for broadband and DTH services has increased drastically in the last few years. Owing increased penetration of smart phones, high speed internet has now become a necessity.

There is huge demand for mobile internet and broadband services, owing to which the internet usage has skyrocketed.

The adoption of DTH services over wired cable network is also on the rise, thus increasing the demand of FSS systems. Increasing disposable incomes has resulted in consumers buying high-end electronics and opting for high-quality services, thus spiking the demand for digital DTH services, which in turn is increasing the demand of FSS systems.

Moreover, with the upcoming of smart cities in many nations, digitalization is bound to increase, which will require 24*7 internet connectivity. Thus, paving way for FSS systems.

The major players include - EMBRATEL STAR ONE, INTELSAT S.A, EUTELSAT COMMUNICATIONS, TELESAT HOLDINGS, SKY PERFECT JSAT HOLDINGS INC., THAICOM PUBLIC COMPANY LTD and TELENOR SATELLITE BROADCASTING, amongst others.

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North America
With United States as one of the first countries to have adopted satellite communications, North America is one of the prime users of FSS systems. The communications and telecom industry in this region is highly developed and consumers are always looking for reliable and better solutions.

The demand for mobile internet has increased with increase in smartphone penetration. In addition, huge demand for high-speed internet and communication from the commercial sector and shift in preference of people from cable to DTH is helping the fixed satellite services market grow.

North America holds some of the advanced satellite technologies in the world, with the United States holding the most modern defense and aerospace. The spending on satellite communications for defense services is really high in this country.

Key Developments in the Market
Mar 2018 - Hispasat launched Hispasat 30W-6 satellite, its twelfth satellite. The launch was aimed to provide greater capacity, better coverage and better services
Sept 2017 - Intelset launched Intelsat 37e satellite. It features enhanced power sharing technology and steerable beams, which bring additional flexibility to meeting regional and application requirements over the life of the satellite
June 2017 - Arabsat launched HS3-IS Satellite. This satellite will be maintaining and expanding DTH and telecom services for the Hellas Sat business reach in Europe, and Middle East & Africa

Reasons to Access this Report
Current and future Fixed Satellite Services market outlook in the developed and emerging markets
Analyzing various perspectives of the market with the help of Porter’s five forces analysis
The segment that is expected to dominate the market
Regions that are expected to witness fastest growth during the forecast period
Latest developments, market shares, and strategies employed by the major market players
3-month analyst support, along with the Market Estimate sheet (in Excel)

Customization of the Report
This report can be customized to meet your requirements. Please connect with our representative, who will ensure you to get a report that suits your needs

Companies Mentioned:
Embratel Star One, Eutelsat Communications, Telesat Holdings, SKY Perfect JSAT Holdings Inc., Thaicom Public Company Ltd, Nigerian Communications Satellites Ltd, Telenor Satellite Broadcasting, Singapore Telecommunications Ltd (Singtel), SES S.A,Arabsat, Hispasat, Intelsat S.A

Report: orbisresearch.com/contacts/request-sample/2131959

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