The global fixed satellite services market is anticipated to grow at a considerable CAGR of 5.1% during the forecast period. The growing demand for satellite service based equipments is a key factor driving the growth of the global fixed satellite services market. For instance, in June 2023, the Ministry of Industry and Information Technology announced to include satellite internet equipment into network access license management to promote and regulate the development of satellite internet, a frontier where major countries are trying to establish a beachhead.
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Satellite internet is a new information and communication infrastructure after fixed communication network and mobile communication network. It is one of the key directions for the future development of a global information and communication network. Including satellite internet equipment into the network access license management is aimed at guiding enterprises to comply with the trend of technological development, providing technical guidance in design and manufacturing of relevant products.
Further, in March 2023, Azercosmos and Israel’s satellite operator, Spacecom, have signed a cooperation agreement to implement long-term projects. With this the company expand its client base across Africa through Azercosmos’ geostationary satellites, Azerspace-1 and Azerspace-2. Such development to meet the growing demand for fixed satellite services is a key factor driving the global market.
Global Fixed Satellite Services Market Report Segment
By Type of Services
- Transponder Agreement
- Managed Services
By End-User Industry
- Media
- Commercial
- Aerospace & Defense
- Government
- Other (Healthcare)
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Fixed Satellite Services Market Report Segment by Region
North America
- United States
- Canada
Europe
- Germany
- United Kingdom
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Rest of the World
- Middle East & Africa
- Latin America
Company Profiles
Arab Satellite Communications Organization
Arbasat Inc.
Cobham Ltd.
Echostar
Embratel Star One
Gilat Satellite Networks
Hispasat SA
Inmarsat Global Ltd.
Nigerian Communications Satellites Ltd.
SKY Perfect JSAT Corp.
Telenor Satellite AS
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