Report Highlights
The global market for satellite communications reached nearly $4.6 billion in 2017 and should reach nearly $7.5 billion by 2022, at a compound annual growth rate (CAGR) of 10.5% for the period of 2017-2022
Report Includes:
- 66 data tables and 16 additional tables
- An overview of the global market for satellite communications technologies, which is in demand for both commercial and social requirements in most countries
- Analyses of global market trends, with data from 2016 and 2017, and projections of compound annual growth rates (CAGRs) through 2022
- Discussion of how the satellite communications market has evolved, along with information on the emerging technologies, components, and effects of research and development on this market
- Detailed coverage of market dynamics, specifically drivers, restraints, and opportunities
- A breakdown of satellite communications technologies, such as the Automatic Identification System (AIS) and Very Small Aperture Terminal (VSAT), as well as end-use industries, such as automotive, transportation, healthcare, maritime, and energy
- Patent analyses
- Company profiles of major players in the market, including Boeing Company, LOCKHEED Martin Corp., Orange S.A., Qualcomm Inc., Viasat Inc., VT Idirect Inc.
Report Scope
This report represents an in-depth analysis of the global satellite communication technology market by technology, communication network, industry, and region. The report discusses the differentiation between satellite communication technologies to derive specific market estimates. The report discusses a comparative study between conventional and emerging applications of satellite communication technology. The report also discusses strategies adopted by major players in the global satellite communication technology market. Patent analysis imparted in the report provides a snapshot of technological trends in the global market over time as well as by geography – for the U.S. and non-U.S. The global satellite communication technology market is segmented by type of technology: satellite telemetry, automatic identification system (AIS), and very small aperture terminal (VSAT).
Analyst Credentials
Sinha G. Gaurav, research analyst, holds an MBA in finance from ICFAI Business School, Hyderabad (India), and a bachelor's degree in electrical engineering from Rajasthan University (India). He has worked in almost all domains across the market research industry. He has 11 years of experience in the fields of market research and investment banking. His primary focus is in healthcare, chemicals, electronics, finance and database designing. His publications include subjects such as quantum dots, IT in healthcare, alternative data, ultrafast lasers, inorganic polymers, waste management, factory automation and Voxel, among others.
Report Highlights
The global market for telecommunication components, modules, and devices in satellite technologies was estimated to total $18.5 billion in 2012 and is projected to increase to $19.5 billion in 2013; the market should total $21.4 billion by 2018 and have a five-year compound annual growth rate (CAGR) of 1.9% from 2013 to 2018.
Report Includes
- An overview of the global market for satellite technology which is a complex interplay of defense, regulatory, and market forces as the technology is considered a critical resource in most countries.
- Analyses of global market trends, with data from 2011 and 2012, estimates for 2013, and projections of compound annual growth rates (CAGRs) through 2018.
- Discussion of how commercial applications of satellites have developed almost hand-in-hand with defense, communications, and environmental utilizations.
- Coverage of broadcast and network management equipment and devices, including transponders, antennas, gateways, and terrestrial management infrastructure; and coverage of user premise-based and user-operated equipment and devices, including satellite phones, satellite radios, VSATs, navigation devices, reception antennas, and set-top boxes.
- A breakdown of satellite applications, such as defense, weather, communications, and navigation, as well as end-use applications, such as gaming, media, and entertainment; telecommunications; education and research; defense and government; maritime; logistics; and automotive.
Related Reports
Remote Sensing Technologies and Global Markets
The global remote sensing technologies market reached $13.1 billion in 2022, should reach $14.7 billion by 2023 and $27.1 billion by 2028 with a compound annual growth rate (CAGR) of 12.9% during the forecast period of 2023-2028.
Wearable Computing: Technologies, Applications and Global Markets
The global market for wearable computing should grow from $80.5 billion in 2021 to $255.8 billion by 2026 with a compound annual growth rate (CAGR) of 26.0% for the period of 2021-2026.
Antenna: Including Patch, Embedded, Fractal, Smart and Reflectors
The global market for antennas is estimated to increase from $19.8 billion in 2021 to $29.0 billion by 2026 with a compound annual growth rate (CAGR) of 7.9% during the forecast period of 2021-2026.
2019 Instrumentation & Sensors Research Review
Instrumentation & Sensors Research Review include portions of several market research reports that were published in 2019, and are an efficient way for market professionals to keep up with the general market developments of 2019.
Recent Reports
Environmental Sensing and Monitoring Technologies: Global Markets
The global market for environmental sensing and monitoring technologies is estimated to increase from 31.3 billion in 2024 to reach $41.4 billion by 2029, at a compound annual growth rate (CAGR) of 5.7% from 2024 through 2029.
Protective Relays and Circuit Breakers: Global Markets
The global market for protective relays and circuit breakers was valued at $16.9 billion in 2023. This market is expected to grow from $17.2 billion in 2024 to $26.8 billion by 2029, at a compound annual growth rate (CAGR) of 9.2% from 2024 through 2029.
Brain-Computer Interface: Global Markets
The global market for brain computer interface (BCI) was valued at $2.1 billion in 2023. The market is expected to grow from $2.3 billion in 2024 to $4.5 billion by 2029, at a compound annual growth rate (CAGR) of 14.2% from 2024 through 2029.
Educational Equipment and Software: Global Markets
The global market for educational equipment and software is expected to grow from $105.4 billion in 2024 and is projected to reach $187.9 billion by the end of 2029, at a compound annual growth rate (CAGR) of 12.2% during the forecast period of 2024 to 2029.
Global Commercial Drones Market
The report provides an overview of the global commercial drones market and a detailed analysis of the market players' products and strategies. Using 2023 as the base year, the report provides estimated market data for 2024 through 2029. Revenue forecasts for this period are segmented based on type, technology, weight, end-user, and geography.
Top Trending Reports
Single-use Technologies for Biopharmaceuticals: Global Markets
The global market for single-use technologies for biopharmaceuticals is expected to grow from $6.5 billion in 2024 and is projected to reach $11.2 billion by the end of 2029, at a compound annual growth rate (CAGR) of 11.6% during the forecast period of 2024 to 2029.
Cell and Gene Therapy Tools, and Reagents: Global Markets
The global market for Cell and Gene Therapy (CGT) Tools and Reagents is estimated to increase from $10.0 billion in 2024 to reach $16.7 billion by 2029, at a compound annual growth rate (CAGR) of 10.8% from 2024 through 2029.
Global Market Opportunities and Competitive Landscape for CDMO
The global CDMO market was valued at $128.0 billion in 2023. This market is expected to grow from $136.6 billion in 2024 to $191.6 billion by the end of 2029, at a compound annual growth rate (CAGR) of 7.0% from 2024 to 2029.
Direct-to-Consumer Genetic Testing: Global Markets and Technologies
The global market for DTC genetic testing is expected to grow from $2.3 billion in 2024 and is projected to reach $3.7 billion by the end of 2029, at a compound annual growth rate (CAGR) of 10.0% during the forecast period of 2024 to 2029.
Commercial Amino Acids
The global market for commercial amino acids was valued at $30.1 billion in 2023. It is expected to grow from $31.8 billion in 2024 to $42.8 billion by 2029, at a compound annual growth rate (CAGR) of 6.1% from 2024 through 2029.
Become A Member
BCC Research offers a comprehensive library of reports, granting members unlimited access to data, insights, and market intelligence for informed business decisions, while actively supporting members in their evolving journeys and prioritizing high-quality, relevant topics based on continuous engagement with the research community.
Find Out MoreCustom Consulting
BCC Research emphasizes the importance of organizations leveraging highly customized market insights aligned with specific strategic business objectives through direct engagement with primary sources and proprietary forecasting models for profitable decision-making in maximizing growth opportunities and minimizing risks.
Customize NowScorecard
The Venture Scorecard provides commercialization offices and decision makers with expert analysis, offering strategic insights crucial for aligning objectives with market realities at various stages of commercializing new products or evaluating investment opportunities, from opportunity assessment to growth planning.
Find Out MoreInnovation Spotlight
Our industry experts offer strategic guidance to maximize the market potential of commercialized products, patents, and IP by providing insights into market trends, competitive dynamics, and effective positioning, using the Innovation Spotlight service for enhanced exposure to thought leaders and the wider community.
Find Out More