Global Satellite Service Market Growth (Status and Outlook) 2023-2029

Global Satellite Service Market Growth (Status and Outlook) 2023-2029

There are three basic categories of non-military satellite services:

Fixed satellite services

Fixed satellite services handle hundreds of billions of voice, data, and video transmission tasks across all countries and continents between certain points on the Earth's surface.

Mobile satellite systems

Main article: Mobile-satellite service

Mobile satellite systems help connect remote regions, vehicles, ships, people and aircraft to other parts of the world and/or other mobile or stationary communications units, in addition to serving as navigation systems.

Scientific research satellites (commercial and noncommercial)

Scientific research satellites provide meteorological information, land survey data (e.g. remote sensing), Amateur (HAM) Radio, and other different scientific research applications such as earth science, marine science, and atmospheric research.

LPI (LP Information)' newest research report, the “Satellite Service Industry Forecast” looks at past sales and reviews total world Satellite Service sales in 2022, providing a comprehensive analysis by region and market sector of projected Satellite Service sales for 2023 through 2029. With Satellite Service sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Satellite Service industry.

This Insight Report provides a comprehensive analysis of the global Satellite Service landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Satellite Service portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Satellite Service market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Satellite Service and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Satellite Service.

The global Satellite Service market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

United States market for Satellite Service is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Satellite Service is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Satellite Service is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Satellite Service players cover Intelsat S.A, SES Astra, EarthLink Holding Corp, Embratel Star One, Eutelsat Communications, Telesat Holdings, SKY Perfect JSAT Holdings Inc, Thaicom Public Company Ltd and Telenor Satellite Broadcasting, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

This report presents a comprehensive overview, market shares, and growth opportunities of Satellite Service market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Satellite TV Service
Satellite Fixed Communication Service
Satellite Mobile Communication Service
Earth Observation Service
Other

Segmentation by application
Maritime
Aircraft
Enterprise
Residential
Government
Other

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Intelsat S.A
SES Astra
EarthLink Holding Corp
Embratel Star One
Eutelsat Communications
Telesat Holdings
SKY Perfect JSAT Holdings Inc
Thaicom Public Company Ltd
Telenor Satellite Broadcasting
Transparency Market Research (TMR)
Echostar Corporation
Ericsson AB
GlobalStar Corporation
Inmarsat Inc
Iridium Communications, Inc.
ORBCOMM, Inc.
Singtel Satellite
Telstra Corporation Ltd.
Tesacom
Thuraya Telecommunications Company
ViaSat Inc
IDirect
KVH
Speedcast
Gilat Satellite Networks
Avonline Satellite Solutions Ltd
Skycasters
HISPASAT Group
Embratel Star One
APSATCOM

Please note: The report will take approximately 2 business days to prepare and deliver.