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Global Satellite Communication (Satcom) Market Assessment, Forecast to 2025
[March 19, 2019]

Global Satellite Communication (Satcom) Market Assessment, Forecast to 2025


LONDON, March 19, 2019 /PRNewswire/ -- For Sustainable Growth, Incumbents Must Focus on the Growth Opportunities in IoT/M2M, Aviation, Maritime, and Government Sectors

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Incumbent players in the satellite communication market are experiencing challenges in retaining the revenue growth rates due to increased competition from terrestrial networks and excess in-orbit capacities leading to pricing pressures.Satellite communication ecosystem is going through a transformation phase with new entrants planning to offer innovative new space solutions, and existing participants are expanding their portfolio by investments in the downstream infrastructure and new space systems.

It becomes very important to investigate and track the past and current state of the satellite communication market and forecast future scenarios.Many small satellite constellation operators have advanced in their development processes and plan to offer low-cost, affordable, global and seamless connectivity solution.

This is leading to the change of focus from geostationary earth orbit to medium or low earth orbits for the communication services.The key value propositions of these low earth orbit–based constellation operators include affordable, global, seamless and low-latency services.

Additionally, the exponential growth and advancements in the fiber-based network and technologies including compression technology are posng a challenge to the existing communication satellite operators. The incumbent players have identified these challenges and are re-visiting their existing business models to ensure a long-term sustainable growth. The major developments include high-throughput satellites, downstream turnkey and end-to-end solutions, ground station infrastructure, and investments in the new space businesses. The study tracks the past five years of financial behavior of the existing satellite operators and key market trends to forecast the satellite communication market revenues by services and regions from 2018 to 2025.




Research Scope
Product scope: Satellite communication market

Geographic scope: Global


End-user scope: Satellite communication operators, gateway operators, downstream connectivity service providers, launch service providers, satellite manufacturers, space agencies, investors and start-ups.

Key Issues Addressed
• How has the satellite communication market performed (segmented by region and services) in the last five years?
• What was the regional and services market shares of the top satellite operators in the last five years?
• Who were the top performing satellite operators in terms of revenue generation and revenue growth in the last five years (segmented by region and services)?
• What are the key industry trends that may drive/restrain the satellite communication market growth?
• What are the key value propositions by the new market entrants?
• How are incumbent players responding to the market challenges and competitions?
• How is the satellite communication market (segmented by region and services) forecasted to grow from 2018 to 2025?

Author:
Vivek Suresh prasad

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Cision View original content:http://www.prnewswire.com/news-releases/global-satellite-communication-satcom-market-assessment-forecast-to-2025-300814808.html

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