Global Satellite Internet Market Outlook, Opportunities And Strategies – Includes Satellite Internet Market Size
Learn about the global satellite internet market through The Business Research Company, which provides information on satellite internet market size, satellite internet market drivers and restraints, satellite internet market players, the COVID-19 impact on the satellite internet market, and more.
The global satellite internet market size is expected to grow from $4.09 billion in 2021 to $4.83 billion in 2022 at a compound annual growth rate (CAGR) of 18.2%. The global satellite internet market size is expected to grow to $8.10 billion in 2026 at a CAGR of 13.8%.
The rise in the need for satellite internet in rural areas is contributing to the growth of the satellite internet market.
The satellite internet market consists of sales of satellite internet by entities (organizations, sole traders, and partnerships) that refers to the wireless connection that is spread across the multiple satellite dishes which are located both on earth and in space. Satellite internet operates by communicating with satellites orbiting the Earth via radio waves. It is usually used in remote areas or hard-to-reach areas since these areas lack physical infrastructures such as wireless radio connections, telephones, or fiber cables.
Global Satellite Internet Market Segments Include:
By Product: Two-Way Satellite-Only Communication, One-Way Receive, One-Way Broadcast
By Band Type: C-Band, X-Band, L-Band, K-Band, Others
By End-User: Commercial, Residential, Military, Industrial, Others
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America was the largest region in the satellite internet market in 2021.
Product innovations have emerged as a key trend gaining popularity in the satellite internet market. Major companies operating in the satellite internet sector are focused on developing new product innovations to strengthen their position.
Major Market Players: ViaSat, EchoStar Corporation, Freedomsat, Singtel, Inmarsat, Skycasters, Iridium Communications, Thaicom Public, Starlink, AT&T, SES S.A., and Telesat.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)
The Satellite Internet Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides satellite internet market overviews, analyzes and forecasts market size, share, satellite internet market players, satellite internet market segments and geographies, leading competitor revenues, profiles and market shares.
TBRC’s satellite internet market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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