The Business Research Company’s Satellite Communication Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Satellite Communication Global Market Report 2023 evaluates satellite communication market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global satellite communication market size grew from $54.6 billion in 2022 to $61.06 billion in 2023 at a compound annual growth rate (CAGR) of 11.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The satellite communication market size is expected to grow to $91.02 billion in 2027 at a CAGR of 10.5%.
The satellite communication market segments in the report are:
1) Satellite Communication Market By Component:
Transponder
Transceiver
Antenna
Receiver
Other Components
2) Satellite Communication Market By Technology:
SATCOM Automatic Identification System
SATCOM VSAT
SATCOM On The-Move (SOTM)
SATCOM On The Pause (SOTP)
SATCOM Telemetry
3) Satellite Communication Market By Application:
Asset Tracking/Monitoring
Airtime
Data Backup And Recovery
Navigation And Monitoring
Broadcasting
Other Applications
4) Satellite Communication Market By Vertical:
Government And Military Applications
Civil Satellite Communications
Commercial Application
Other Verticals
Top Major Players
Viasat Inc.
SES S.A.
L3Harris Technologies Inc.
Telesat
EchoStar Corporation
North America was the largest region in the satellite communication market in 2022.
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The table of contents in TBRC’s satellite communication market report includes:
……..
List Of Tables
Table 1: Global Historic Market Growth, 2017-2022, $ Billion
Table 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion
Table 3: Global Satellite Communication Market, Segmentation By Component, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 4: Global Satellite Communication Market, Segmentation By Technology, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 5: Global Satellite Communication Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
……
Table 47: Viasat Inc Financial Performance
Table 48: SES S.A. Financial Performance
Table 49: L3Harris Technologies Inc., Financial Performance
Table 50: Telesat Financial Performance
Table 51: EchoStar Corporation Financial Performance
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