Market Overview:
The global geostationary orbit commercial satellite broadband market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for high-speed internet connectivity and rising number of connected devices. In addition, the growing adoption of cloud services and big data is also contributing to the growth of this market. Based on type, the global geostationary orbit commercial satellite broadband market can be segmented into equipment and service. The equipment segment is further sub-segmented into terminals/satellites and ground infrastructure. The service segment is further sub-segmented into managed services and professional services. Based on application, the global geostationary orbit commercial satellite broadband market can be divided into residential, enterprises, government, and others (education institutions, healthcare organizations). Geographically speaking, North America dominates this market followed by Europe due in part to early adoption of advanced technologies in these regions.
Product Definition:
Geostationary orbit commercial satellite broadband is a term used to describe the use of satellites in geostationary orbit to provide broadband internet access. The importance of geostationary orbit commercial satellite broadband is that it allows for high-speed, reliable internet access to be provided anywhere in the world.
Equipment:
Equipment is the part of a satellite that provides communication capabilities such as transponder switching and antenna steering. It also helps in maintaining the health of the satellite by regulating its power levels. The equipment market is expected to witness significant growth over the forecast period owing to increasing demand for geostationary orbit (GEO) satellites from mobile backhaul, broadband, and enterprise applications markets.
Service:
Geostationary orbit is a type of orbit that has a satellite in equatorial geosynchronous position, which means it will be at the same longitude as the center of Earth’s gravity. It is also known as GEO and provides benefits such as reduced power consumption by reducing the need for maneuvering fuel.
Application Insights:
The others application segment includes institutional, government and residential applications. Residential application is expected to be the fastest-growing segment over the forecast period owing to increasing demand for high-speed data services from residential consumers. Enterprises are anticipated to be the largest end users of satellite communications due to its preference for large organizations over smaller ones. The growing need for enhanced communication between management and employees in enterprises is expected drive demand over the forecast period.
The enterprise segment was valued at USD 1,227.1 million in 2017 owing to a wide range of benefits offered by these systems including improved operational efficiency.
Regional Analysis:
North America dominated the global market in terms of revenue share in 2017. The growth can be attributed to the increasing demand for high-speed data communication and broadband services from U.S.-based enterprises along with residential users. Moreover, growing investments by key service providers such as Dish Network Corporation, SES S.A., and Viasat is expected to drive regional growth over the forecast period.
Growth Factors:
- Increased demand for broadband services due to the growth of the Internet of Things (IoT) and big data.
- Proliferation of 4G/LTE networks that need more bandwidth to support growing traffic demands.
- Shift from traditional voice services to over-the-top (OTT) voice and video services, which require higher bandwidth capacity.
- Growing demand for satellite broadband in rural and underserved areas due to its ability to reach remote locations where terrestrial networks are not available or are too expensive to deploy.
Scope Of The Report
Report Attributes
Report Details
Report Title
Geostationary Orbit Commercial Satellite Broadband Market Research Report
By Type
Equipment, Service
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
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
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Geostationary Orbit Commercial Satellite Broadband Market Report Segments:
The global Geostationary Orbit Commercial Satellite Broadband market is segmented on the basis of:
Types
Equipment, Service
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
Highlights of The Geostationary Orbit Commercial 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
- 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 Geostationary Orbit Commercial 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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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?
Geostationary orbit is a commercial satellite broadband service that uses geosynchronous satellites to provide high-speed Internet access to businesses and consumers. Geostationary orbit is located approximately 22,300 miles above Earth's surface.
Some of the major players in the geostationary orbit commercial 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.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Geostationary Orbit Commercial Satellite Broadband Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Geostationary Orbit Commercial Satellite Broadband Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Geostationary Orbit Commercial Satellite Broadband Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Geostationary Orbit Commercial Satellite Broadband Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Geostationary Orbit Commercial Satellite Broadband Market Size & Forecast, 2018-2028 4.5.1 Geostationary Orbit Commercial Satellite Broadband Market Size and Y-o-Y Growth 4.5.2 Geostationary Orbit Commercial Satellite Broadband Market Absolute $ Opportunity
Chapter 5 Global Geostationary Orbit Commercial Satellite Broadband Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Geostationary Orbit Commercial Satellite Broadband Market Size Forecast by Type
5.2.1 Equipment
5.2.2 Service
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Geostationary Orbit Commercial Satellite Broadband Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Geostationary Orbit Commercial Satellite Broadband Market Size Forecast by Applications
6.2.1 Residential
6.2.2 Enterprises
6.2.3 Government
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Geostationary Orbit Commercial Satellite Broadband Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Geostationary Orbit Commercial Satellite Broadband Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Geostationary Orbit Commercial Satellite Broadband Analysis and Forecast
9.1 Introduction
9.2 North America Geostationary Orbit Commercial Satellite Broadband Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Geostationary Orbit Commercial Satellite Broadband Market Size Forecast by Type
9.6.1 Equipment
9.6.2 Service
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Geostationary Orbit Commercial Satellite Broadband Market Size Forecast by Applications
9.10.1 Residential
9.10.2 Enterprises
9.10.3 Government
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Geostationary Orbit Commercial Satellite Broadband Analysis and Forecast
10.1 Introduction
10.2 Europe Geostationary Orbit Commercial Satellite Broadband Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Geostationary Orbit Commercial Satellite Broadband Market Size Forecast by Type
10.6.1 Equipment
10.6.2 Service
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Geostationary Orbit Commercial Satellite Broadband Market Size Forecast by Applications
10.10.1 Residential
10.10.2 Enterprises
10.10.3 Government
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Geostationary Orbit Commercial Satellite Broadband Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Geostationary Orbit Commercial Satellite Broadband Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Geostationary Orbit Commercial Satellite Broadband Market Size Forecast by Type
11.6.1 Equipment
11.6.2 Service
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Geostationary Orbit Commercial Satellite Broadband Market Size Forecast by Applications
11.10.1 Residential
11.10.2 Enterprises
11.10.3 Government
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Geostationary Orbit Commercial Satellite Broadband Analysis and Forecast
12.1 Introduction
12.2 Latin America Geostationary Orbit Commercial Satellite Broadband Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Geostationary Orbit Commercial Satellite Broadband Market Size Forecast by Type
12.6.1 Equipment
12.6.2 Service
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Geostationary Orbit Commercial Satellite Broadband Market Size Forecast by Applications
12.10.1 Residential
12.10.2 Enterprises
12.10.3 Government
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Geostationary Orbit Commercial Satellite Broadband Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Geostationary Orbit Commercial Satellite Broadband Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Geostationary Orbit Commercial Satellite Broadband Market Size Forecast by Type
13.6.1 Equipment
13.6.2 Service
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Geostationary Orbit Commercial Satellite Broadband Market Size Forecast by Applications
13.10.1 Residential
13.10.2 Enterprises
13.10.3 Government
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Geostationary Orbit Commercial Satellite Broadband Market: Competitive Dashboard
14.2 Global Geostationary Orbit Commercial Satellite Broadband Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Hughes (EchoStar)
14.3.2 ViaSat
14.3.3 Inmarsat
14.3.4 ST Engineering iDirect
14.3.5 Newtec Cy N.V.
14.3.6 Eutelsat
14.3.7 Iridium Communications
14.3.8 Thaicom Public
14.3.9 Bigblu Broadband
14.3.10 Gilat Satellite Networks