The global fixed satellite services market is anticipated to grow at a considerable CAGR of 5.1% during the forecast period (2023-2030). The growing demand for satellite service based equipments is a key factor driving the growth of the global fixed satellite services market. For instance, in June 2023, the Ministry of Industry and Information Technology announced to include satellite internet equipment into network access license management to promote and regulate the development of satellite internet, a frontier where major countries are trying to establish a beachhead.
Browse the full report description of “Fixed Satellite Services Market Size, Share & Trends Analysis Report by Type (Transponder Agreement, and Managed Services), and by End-User Industry (Media, Commercial, Aerospace & Defense, Government, Others), Forecast Period (2023-2030)” at https://www.omrglobal.com/industry-reports/fixed-satellite-services-market
Satellite internet is a new information and communication infrastructure after fixed communication network and mobile communication network. It is one of the key directions for the future development of a global information and communication network. Including satellite internet equipment into the network access license management is aimed at guiding enterprises to comply with the trend of technological development, providing technical guidance in design and manufacturing of relevant products.
Further, in March 2023, Azercosmos and Israel’s satellite operator, Spacecom, have signed a cooperation agreement to implement long-term projects. With this the company expand its client base across Africa through Azercosmos’ geostationary satellites, Azerspace-1 and Azerspace-2. Such development to meet the growing demand for fixed satellite services is a key factor driving the global market.
Market Coverage
• The market number available for – 2022-2030
• Base year- 2022
• Forecast period- 2023-2030
• Segment Covered-
o By Type
o By End-User Industry
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape- includes Eutelsat Communication, Telesat Holdings, Singapore Telecommunications Ltd (Singtel), SES SA, and Intelsat SA, among others.
Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• Who is the leader in the market?
• How are players addressing challenges to sustain growth?
• Where is the investment opportunity?
Global Fixed Satellite Services Market Report Segment
By Type of Services
By End-User Industry
Global Fixed Satellite Services Market Report Segment by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa
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