DUBLIN, Oct. 21, 2021 /PRNewswire/ — The “Space-Based Broadband Internet Market – A Global and Regional Analysis: Focus on Application, End User, Frequency, Component, Orbit, and Country – Analysis and Forecast, 2021-2031” report has been added to ResearchAndMarkets.com’s offering.
The global space-based broadband internet market is estimated to reach $52.33 billion in 2031, at a compound annual growth rate (CAGR) of 20.64% during the forecast period 2021-2031.
The major driving factors for the huge revenues generated by the companies are the increase in demand for worldwide broadband internet access for information, entertainment, and commerce, and technological advancements toward developing next-generation communication satellite constellations.
How This Report Can Add Value
The product segment helps the reader in understanding the different types of frequencies used by the companies to deliver broadband internet utilizing space-based platforms and the components required to deliver and receive the signals to the end users for numerous applications.
Moreover, the study provides the reader a detailed understanding of space-based broadband internet solutions with respect to orbits (LEO, MEO, and GEO), application (agriculture, maritime, aviation, enterprise, data and telecommunication, logistics and transportation, and others) for the end users (defense and government end user, commercial end user, individual users). Additionally, comprehensive coverage of various key certifications of the companies has also been added to the study.
Global Space-Based Broadband Internet Market
Space-based broadband internet is the internet service provided utilizing communication satellites. The latest consumer-grade satellite internet service is provided to individual users through low Earth orbit (LEO), medium Earth orbit (MEO), and geostationary Earth orbit (GEO) that offer relatively higher speeds with the help of new satellites using Ku and Ka bands. Moreover, satellite internet constellations are being developed and launched to the LEO to enable low-latency connections from space.
Global Space-Based Broadband Internet Industry Overview
The space-based broadband internet technology is gaining huge traction from governments and commercial consumers due to the increase in demand for round-the-clock connectivity solutions for various applications. Though the current telecommunications technology has developed several tools and systems to deliver the services, they often get the backlash against their lack of serviceability for remote locations and unstable connections due to harsh weather conditions.
Global Space-Based Broadband Internet Market by Application
The aviation industry is estimated to dominate the global space-based broadband internet market due to the high penetration rate in various countries that use broadband internet services solutions for smooth operations and in-flight connectivity services.
Global Space-Based Broadband Internet Market by End User
The commercial end users segment is expected to be the front runner in the global space-based broadband internet market mainly due to the wide range of product offerings that are being used for maritime, aviation, enterprise, and agriculture, among others.
Global Space-Based Broadband Internet Market by Region
North America is expected to account for the highest share of the global space-based broadband internet to market, owing to a significant number of companies operating in the region. The companies based in North America often supply international customers based in Europe, Asia-Pacific, Latin America, and the Middle East and Africa.
Market Growth Drivers
- Increase in Demand for Worldwide Broadband Internet Access for Information, Entertainment, and Commerce
- Technological Advancements Toward Developing Next-Generation Communication Satellite Constellations
- High Initial Investment Cost of Equipment Needed to Provide Services to End Users
- Opportunities Toward Building a Hyper-Connected World with Reliable Connectivity
Key Topics Covered:
1.1 Industry Outlook
1.1.1 Global Space-Based Broadband Internet Market: Overview
22.214.171.124 Advancements in New Space Ecosystem
126.96.36.199 Advantages of Satellite-Based Broadband Internet
1.1.2 Emerging Technological Trends
188.8.131.52 Single Board Computers (SBCs)
184.108.40.206 Hybrid Satellite-Cellular Connectivity
220.127.116.11 Software Defined Networking (SDN)
18.104.22.168 Miniaturization of Components
22.214.171.124 5G Connectivity of Satellites
126.96.36.199 Use of Smallsats
1.1.3 Ongoing Key Industry Projects
188.8.131.52 Satellite Constellations by Amazon, OneWeb, and StarLink
184.108.40.206 NASA’s Laser Communications Relay Demonstration (LCRD)
220.127.116.11 Project Gigabit
1.1.4 Regulatory Landscape
18.104.22.168 International Telecommunication Union (ITU) Regulations on Satellite Communications
22.214.171.124 Federal Communications Commission Regulations on Satellite Communication
1.1.5 Investment Scenario: Funding Analysis
1.2 Business Dynamics
1.2.1 Business Drivers
126.96.36.199 Increase in Demand for Worldwide Broadband Internet Access for Information, Entertainment, and Commerce
188.8.131.52 Technological Advancements Toward Developing Next-Generation Communication Satellite Constellations
1.2.2 Business Challenges
184.108.40.206 High Initial Investment Cost of Equipment Needed to Provide Services to End Users
1.2.3 Business Opportunities
220.127.116.11 Opportunities Toward Building a Hyper-Connected World with Reliable Connectivity
1.2.4 Key Developments
18.104.22.168 Business Strategies
22.214.171.124.1 Product Development and Innovation
126.96.36.199.2 Awards and Business Expansion
188.8.131.52 Corporate Strategies
184.108.40.206.2 Acquisitions, Contracts, and Partnerships
2.1 Global Space-Based Broadband Internet Market (by Application)
2.1.2 Global Space-Based Broadband Internet Market (by Application)
220.127.116.11 Demand Analysis of Global Space-Based Broadband Internet Market (by Application)
18.104.22.168 Data and Telecommunication
22.214.171.124 Logistics and Transportation
2.1.3 Global Space-Based Broadband Internet Market (by End User)
126.96.36.199 Demand Analysis of Global Space-Based Broadband Internet Market (by End User)
188.8.131.52 Defense and Government
184.108.40.206 Individual Users
3.1 Global Space-Based Broadband Internet Market (by Product)
3.1.2 Global Space-Based Broadband Internet Market (by Frequency)
220.127.116.11 Demand Analysis for Global Space-Based Broadband Internet Market (by Frequency)
18.104.22.168 Ku, Ka, and K Band (13 GHz – 40 GHz)
22.214.171.124 C and X Band (4 GHz – 12 GHz)
126.96.36.199 L and S Band (1 GHz – 4 GHz)
3.1.3 Global Space-Based Broadband Internet Market (by Component)
188.8.131.52 Demand Analysis for Global Space-Based Broadband Internet Market (by Component)
184.108.40.206 Antenna Dish and Modem
220.127.116.11.1 Outdoor unit
18.104.22.168.2 Indoor unit
3.1.4 Global Space-Based Broadband Internet Market (by Orbit)
22.214.171.124 Demand Analysis for Global Space-Based Broadband Internet Market (by Orbit)
126.96.36.199 Low Earth Orbit
188.8.131.52 Medium Earth Orbit
184.108.40.206 Geostationary Earth Orbit
4.1 Global Space-Based Broadband Internet Market (by Region)
5 Markets – Competitive Benchmarking & Company Profiles
5.1 Competitive Benchmarking
5.2 Airbus S.A.S.
5.3 Amazon – Project Kuiper
5.4 BridgeComm, Inc.
5.5 Eutelsat Communications SA
5.6 Gilat Satellite Networks
5.7 Hughes Network Systems, LLC
5.9 L3Harris Technologies, Inc.
5.11 SES S.A.
5.12 ST Engineering iDirect, Inc.
5.14 Swarm Technologies, Inc.
5.16 Viasat, Inc.
5.17 Other Key Players
5.17.1 Astranis Space Technologies Corp.
5.17.3 Bigblu Broadband Plc.
5.17.7 Skycasters, LLC.
For more information about this report visit https://www.researchandmarkets.com/r/r6i2ot
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