About Fixed Satellite Services (FSS)
The development of Nanosatellite, as well as microsatellite services by many large organizations and some startups, will help to boost global fixed satellite service market. Fixed Satellite Service is a radio-communication service between ground stations at a given position which is fixed to an exact part which uses Very Small Aperture Terminal (VSAT) technology for offering high-speed communication to the end-users. The Fixed satellite services market is anticipated to grow with the rise in adoption of High definition television.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 202 |
High Growth Market | Asia- Pacific |
Unit | Value (USD Million) |
The companies are exploring the market in new regions by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. Key players are exploring new geographies through expansions and acquisitions across the globe to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that European Players will contribute the maximum growth to Global Fixed Satellite Services (FSS) market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Embratel's Star One (Brazil), Eutelsat Communications (France), Telesat Holdings (Canada), Nigerian Communications Satellites (Africa), Telenor Satellite Broadcasting (Norway), Singapore Telecommunication Ltd. (Singapore), Intelsat (Luxembourg), SES S.A. (Luxembourg), SKY Perfect JSAT Corporation (Japan) and Arabsat (Saudi Arabia) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Thaicom Public Company Limited (Thailand), Hispasat SA (Spain) and Asia Satellite Telecommunications Co. Ltd. (Hong Kong).
Segmentation Overview
AMA Research has segmented the market of Global Fixed Satellite Services (FSS) market by Type (Broadband & Enterprise Network, Managed FSS and Trunking & Backhaul) and Region.
On the basis of geography, the market of Fixed Satellite Services (FSS) has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Spain, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 202. Europe, on the other hand, stood as the second largest market due to the presence of key companies in the region and high technological advancement.
If we see Market by , the sub-segment i.e. will boost the Fixed Satellite Services (FSS) market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.Influencing Trend:
The Introduction of More Advanced End-User Hardware and Upsurge in the Number of UHD Channels Offered By Many Services Providers Along With Live Broadcasts In Ultra-High Definition
Market Growth Drivers:
High Data Rate Communications and Growing Demand For By High Definition Broadcast Services
Challenges:
Challenges Related To Deployment Of Application
Restraints:
High Cost of Innovation Technologies and Limited Orbital Locations
Opportunities:
Huge Opportunity In Military Satellite Communication
Market Leaders and their expansionary development strategies
On 21 January 2022, Southeast Asia's largest telecom firm Singapore Telecommunications and Grab Holdings Ltd., which is a ride-hailing-to-payments startup, purchased a 16.3% investment in PT Bank Fama International to pursue banking prospects in Indonesia. Singapore Telecommunications and Grab each paid USD 35 million for their respective holdings. Emtek controls the interest in Bank Fama through a fully-owned unit.
On 02 February 2022, Intelsat, which is the world's largest integrated satellite operator, expanded its collaboration with SKY Perfect JSAT Corporation to employ its next-generation JCSAT-1C High-throughput Satellites (HTS) over Asia-Pacific. The partnership helps airlines and customers promote a superior passenger experience onboard aircraft through faster Internet connection speeds.
Key Target Audience
Original Equipment Manufacturers (OEMs), OEM Technology Solution Providers, Research Institutes, Market Research and Consulting Firms, Forums, Alliances, and Associations, Technology Investors, Governments and Financial Institutions, Analysts and Strategic Business Planners and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.