Global $696.4 Million Hybrid-Satellite Cellular Terminal (S-Band Terminal and Ka- and Ku-Band Terminal) Markets to 2026
DUBLIN, Sept. 15, 2021 /PRNewswire/ -- The "Hybrid-Satellite Cellular Terminal Market - A Global and Regional Analysis: Focus on End User, Platform, Frequency Band, and Service - Analysis and Forecast, 2021-2031" report has been added to ResearchAndMarkets.com's offering.
The global hybrid-satellite cellular terminal market is expected to reach $696.4 million by 2031, with a CAGR of 22.81% during the forecast period 2021-2031.
The growing need for high-speed and secure wireless communication in remote areas is expected to enhance the hybrid-satellite cellular terminal market during the forecast period.
Furthermore, the increasing growth in the number of smartphones and tablets is advancing the number of devices connected to the internet every year. This staggering growth in the usage of the Internet of Things (IoT) services is expected to provide new growth avenues to the market players over the coming years.
Between 2003 and 2018, many governments and commercial organizations such as SES S.A., Europe Space Agency (ESA), National Aeronautics and Space Administration (NASA), and Japan Aerospace Exploration Agency (JAXA) started demonstration on for hybrid-satellite cellular terminal for different platforms. Since then, technology has evolved continually and transformed the entire space industry by developing unique products and systems.
How This Report Can Add Value
Product / Innovation Strategy: The product segment helps the reader in understanding the different types of hybrid-satellite cellular terminal and their market potentials globally. Moreover, the study provides the reader a detailed understanding of hybrid-satellite cellular terminals with respect to platform (land, maritime, aeronautical), frequency band (S-band, Ka- and Ku band), and service (video and voice, data, tracking and monitoring service). Additionally, comprehensive coverage of end users has also been added to the study.
Hybrid-Satellite Cellular Terminal Market by End-User
The government and defense end user segment is estimated to dominate the global hybrid-satellite cellular terminal market due to the growing need for high-speed communication to emergency responders and different armored vehicles.
Hybrid-Satellite Cellular Terminal Market by Platform
Hybrid-Satellite Cellular Terminal Market by Region
North America is expected to account for the highest share of the global hybrid-satellite cellular terminal market, owing to a significant number of companies based in the region, increased spending by government and commercial organizations such as the National Aeronautics and Space Administration (NASA), Space X, and Kymeta Corporation for the hybrid-satellite cellular terminal.
Key Questions Answered in the Report
Market Report Coverage - Hybrid-Satellite Cellular Terminal
Market Growth Drivers
Key Market Players and Competition Synopsis
The companies that are profiled in the report have been selected post undergoing in-depth interviews with experts and understanding details around companies such as product portfolios, annual revenues, market penetration, research and development initiatives, and domestic and international presence in the hybrid-satellite cellular terminal market.
Current and Emerging Technological Trends
Upcoming Small Satellite Communication Constellation: A Growth Factor in Hybrid-Satellite Cellular Terminal Market
Ongoing and Upcoming Programs
Startups and Investment Scenario
Supply Chain Analysis
For more information about this report visit https://www.researchandmarkets.com/r/3x0diy
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