Global Satellite Communications Market Size, Status and Forecast 2021-2027

Satellite communications are simply communications between radio stations on the earth (both on the ground and in the lower atmosphere) using satellites as a follow-up.The satellite communication system consists of satellite and earth station.The characteristics of satellite communication are: wide communication range;Communication can be made between any two points as long as the satellite's radio waves are within range;Not susceptible to land hazards (high reliability);As long as the earth station circuit can be set up (open the circuit quickly);At the same time can be received in more than one place, can economically achieve broadcast, multi-access communication (multi-access characteristics);The circuit setting is very flexible, which can disperse the over-concentrated traffic at any time;The same channel can be used in different directions or on different intervals (multiple access joins).The satellite service market mainly includes mass consumer communications, satellite fixed services and satellite mobile services, among which mass consumer communications occupies the main market, accounting for 83.13% of the market in 2017, mainly including satellite radio and television services and operations.A Chinese satellite mobile communication market has a large growth space.At present, the main domestic companies providing satellite communications services include China satcom, asia-pacific satellite, Asian satellite and collaborative communications.According to the annual report data of each company, asia-pacific satellite and Asian satellite together operate about 14 Gbps bandwidth, and only part of the resources are provided domestically.The cooperative communication is the subcontract operator of thaicom-4 "IPSTAR" in China. The total bandwidth of this satellite is 45 Gbps, and the bandwidth available in China is 12 Gbps.In addition, China satcom also has part of the satellite bandwidth resources.

Market Analysis and Insights: Global Satellite Communications Market
The global Satellite Communications market size is projected to reach US$ 192300 million by 2027, from US$ 161770 million in 2020, at a CAGR of 2.5% during 2021-2027.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Satellite Communications market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Satellite Communications market in terms of revenue.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Satellite Communications market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Satellite Communications market.

Global Satellite Communications Scope and Market Size
Satellite Communications market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Satellite Communications market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027.

Segment by Type
Consumer Communications
Satellite Fixed Service
Satellite Mobile Service

Segment by Application
Government and Military Applications
Civil Satellite Communication
Commercial Application
Marine and Aviation Applications

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

By Company
DirecTV
Dish
Sky
AsiaSat
Intelsat
Eutelsat
skyperfect
Telesat
China Satcom
Arabsat
Thai Satellite Communications
AsiaSat
APSTAR
Synertone Communication Corporation