Market Overview:
The global commercial GEO satellite broadband market is expected to grow at a CAGR of 10.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for high-speed internet connectivity, rising number of connected devices, and growing need for reliable and secure communication networks. In addition, the increasing penetration of smartphones and other portable devices is also contributing to the growth of this market. Based on type, the commercial GEO satellite broadband market can be segmented into equipment, service, and commercial GEO satellite broadband. The equipment segment is further divided into terminals/user equipments (UEs), ground infrastructure (GI), and gateways/backhauls. The service segment includes managed services and professional services such as system integration & deployment services, network planning & design services etc.
Product Definition:
Commercial GEO satellite broadband is a high-speed Internet service that is delivered to businesses and consumers via satellites in geostationary orbit. Commercial GEO satellite broadband offers speeds that are much faster than those available via traditional terrestrial-based broadband services. The importance of commercial GEO satellite broadband lies in its ability to provide high-speed Internet access to rural and underserved areas where terrestrial-based services are not available.
Equipment:
Equipment is the hardware used by service providers to provide communication services. It can be satellite, ground station, transponder or gateway. The growth factor in commercial geosynchronous earth orbit (CGO) broadband market is increased demand for high speed data transfer and communication due to growing need for uninterrupted audio/video streaming and online gaming.
Service:
Service is the mechanism that enables users to utilize geostationary Equatorial Geographical Region (EGR) orbital locations. It provides various types of services such as broadcast, data, and telephony. The commercial GEO satellite broadband market has witnessed significant growth over the past few years owing to rise in demand for high-speed internet from corporate organizations and growing usage of social media & e-commerce websites.
Application Insights:
The commercial application segment dominated the global market in 2017, accounting for over 60.0% share of the overall revenue. The growth can be attributed to increasing demand from enterprises and governments for high-speed data transfer services over satellite networks. Enterprises are particularly opting for these services as they offer low latency and bandwidth efficiency, which is driving the adoption of geosynchronous satellites in this sector.
The residential application segment is expected to witness significant growth over the forecast period owing to growing consumer preference for high-speed internet access at affordable prices coupled with rising disposable income levels across various regions including Asia Pacific and Middle East & Africa. Moreover, a large number of fixed wireless broadband users across developed economies such as North America and Europe are anticipated to drive demand from this end-use industry during future years when compared with mobile wireless broadband service providers such as AT&T Inc., Verizon Communications Inc., etc.
Regional Analysis:
North America dominated the global commercial geosatellite broadband market in terms of revenue share in 2016. The growth can be attributed to the increasing demand for high-speed internet from enterprises and government sectors, along with rising investments in fiber networks. Moreover, growing number of subscribers using smartphones and tablets is expected to drive regional growth over the forecast period.
Asia Pacific is anticipated to witness significant growth over the next eight years owing to increasing adoption of advanced technologies such as satellite broadband services by developing countries such as India and China. Furthermore, favorable regulatory frameworks are also expected to boost industry expansion across this region during this period. Increasing use of these services by enterprises located remotely from their offices has been driving regional industry expansion efforts since last few years due to which there exists a need for cost-effective solutions that provide reliable connectivity at higher speeds than traditional dialup connections do; hence fueling demand across Asia Pacific region especially among small & medium businesses (SMBs).
Growth Factors:
- Increased demand for broadband services due to the growth of the Internet of Things (IoT) and connected devices
- Proliferation of high-definition video content and the need for faster data transmission speeds
- Rising number of enterprise users requiring dedicated bandwidth for mission-critical applications
- Growing popularity of cloud services and big data analytics that require large amounts of bandwidth
- Government initiatives to expand broadband access in rural and underserved areas
Scope Of The Report
Report Attributes
Report Details
Report Title
Commercial GEO Satellite Broadband Market Research Report
By Type
Equipment, Service, Commercial GEO Satellite Broadban
By Application
Residential, Enterprises, Government, Others
By Companies
Hughes (EchoStar), ViaSat, Inmarsat, ST Engineering iDirect, Newtec Cy N.V., Eutelsat, Iridium Communications, Thaicom Public, Bigblu Broadband, Gilat Satellite Networks, Commercial GEO Satellite Broadban
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
232
Number of Tables & Figures
163
Customization Available
Yes, the report can be customized as per your need.
Global Commercial GEO Satellite Broadband Market Report Segments:
The global Commercial GEO Satellite Broadband market is segmented on the basis of:
Types
Equipment, Service, Commercial GEO Satellite Broadban
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Residential, Enterprises, Government, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Hughes (EchoStar)
- ViaSat
- Inmarsat
- ST Engineering iDirect
- Newtec Cy N.V.
- Eutelsat
- Iridium Communications
- Thaicom Public
- Bigblu Broadband
- Gilat Satellite Networks
- Commercial GEO Satellite Broadban
Highlights of The Commercial GEO Satellite Broadband Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Equipment
- Service
- Commercial GEO Satellite Broadban
- By Application:
- Residential
- Enterprises
- Government
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Commercial GEO Satellite Broadband Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Commercial GEO Satellite Broadband is a high-speed satellite broadband service that provides access to the internet from anywhere in the world. It uses satellites to provide a fast and reliable connection, without the need for an antenna.
Some of the major companies in the commercial geo satellite broadband market are Hughes (EchoStar), ViaSat, Inmarsat, ST Engineering iDirect, Newtec Cy N.V., Eutelsat, Iridium Communications, Thaicom Public, Bigblu Broadband, Gilat Satellite Networks, Commercial GEO Satellite Broadban.
The commercial geo satellite broadband market is expected to grow at a compound annual growth rate of 10.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Commercial GEO Satellite Broadband Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Commercial GEO Satellite Broadband Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Commercial GEO Satellite Broadband Market - Supply Chain
4.5. Global Commercial GEO Satellite Broadband Market Forecast
4.5.1. Commercial GEO Satellite Broadband Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Commercial GEO Satellite Broadband Market Size (000 Units) and Y-o-Y Growth
4.5.3. Commercial GEO Satellite Broadband Market Absolute $ Opportunity
5. Global Commercial GEO Satellite Broadband Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Commercial GEO Satellite Broadband Market Size and Volume Forecast by Type
5.3.1. Equipment
5.3.2. Service
5.3.3. Commercial GEO Satellite Broadban
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Commercial GEO Satellite Broadband Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Commercial GEO Satellite Broadband Market Size and Volume Forecast by Application
6.3.1. Residential
6.3.2. Enterprises
6.3.3. Government
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Commercial GEO Satellite Broadband Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Commercial GEO Satellite Broadband Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Commercial GEO Satellite Broadband Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Commercial GEO Satellite Broadband Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Commercial GEO Satellite Broadband Demand Share Forecast, 2019-2026
9. North America Commercial GEO Satellite Broadband Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Commercial GEO Satellite Broadband Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Commercial GEO Satellite Broadband Market Size and Volume Forecast by Application
9.4.1. Residential
9.4.2. Enterprises
9.4.3. Government
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Commercial GEO Satellite Broadband Market Size and Volume Forecast by Type
9.7.1. Equipment
9.7.2. Service
9.7.3. Commercial GEO Satellite Broadban
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Commercial GEO Satellite Broadband Demand Share Forecast, 2019-2026
10. Latin America Commercial GEO Satellite Broadband Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Commercial GEO Satellite Broadband Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Commercial GEO Satellite Broadband Market Size and Volume Forecast by Application
10.4.1. Residential
10.4.2. Enterprises
10.4.3. Government
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Commercial GEO Satellite Broadband Market Size and Volume Forecast by Type
10.7.1. Equipment
10.7.2. Service
10.7.3. Commercial GEO Satellite Broadban
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Commercial GEO Satellite Broadband Demand Share Forecast, 2019-2026
11. Europe Commercial GEO Satellite Broadband Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Commercial GEO Satellite Broadband Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Commercial GEO Satellite Broadband Market Size and Volume Forecast by Application
11.4.1. Residential
11.4.2. Enterprises
11.4.3. Government
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Commercial GEO Satellite Broadband Market Size and Volume Forecast by Type
11.7.1. Equipment
11.7.2. Service
11.7.3. Commercial GEO Satellite Broadban
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Commercial GEO Satellite Broadband Demand Share, 2019-2026
12. Asia Pacific Commercial GEO Satellite Broadband Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Commercial GEO Satellite Broadband Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Commercial GEO Satellite Broadband Market Size and Volume Forecast by Application
12.4.1. Residential
12.4.2. Enterprises
12.4.3. Government
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Commercial GEO Satellite Broadband Market Size and Volume Forecast by Type
12.7.1. Equipment
12.7.2. Service
12.7.3. Commercial GEO Satellite Broadban
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Commercial GEO Satellite Broadband Demand Share, 2019-2026
13. Middle East & Africa Commercial GEO Satellite Broadband Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Commercial GEO Satellite Broadband Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Commercial GEO Satellite Broadband Market Size and Volume Forecast by Application
13.4.1. Residential
13.4.2. Enterprises
13.4.3. Government
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Commercial GEO Satellite Broadband Market Size and Volume Forecast by Type
13.7.1. Equipment
13.7.2. Service
13.7.3. Commercial GEO Satellite Broadban
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Commercial GEO Satellite Broadband Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Commercial GEO Satellite Broadband Market: Market Share Analysis
14.2. Commercial GEO Satellite Broadband Distributors and Customers
14.3. Commercial GEO Satellite Broadband Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Hughes (EchoStar)
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. ViaSat
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Inmarsat
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. ST Engineering iDirect
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Newtec Cy N.V.
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Eutelsat
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Iridium Communications
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Thaicom Public
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Bigblu Broadband
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Gilat Satellite Networks
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Commercial GEO Satellite Broadban
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook