Fixed Satellite Services Market to Signify Strong Growth by 2024-2031

Fixed satellite services market is anticipated to grow at a considerable CAGR of 5.1% during the forecast period. The fixed satellite service providers are companies that own and operate geostationary satellites, offering communication services to a variety of customers across the globe. The continuous rise in the extensive use of data communications and increasing demand for high-speed internet is driving the growth of the global market.

In February 2023, the Federal Communications Commission (FCC) has granted, subject to conditions, the application of Kuiper Systems LLC (Kuiper) for modification of its license for a non-geostationary orbit (NGSO) satellite constellation providing fixed-satellite service (FSS) and Mobile Satellite Service (MSS) using Ka-band radio frequencies. This action has allowed Kuiper to start deployment of its constellation in order to bring high-speed broadband connectivity to customers globally.

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Market Coverage

  • Market number available for – 2023-2031
  • Base year- 2023
  • Forecast period- 2024-2031
  • Segment Covered- By Source, By Product Type, By Applications
  • Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill

, and others

Fixed Satellite Services Market Segmentation

By Type

  • Transponder Agreement
  • Managed Services

By End-User Industry

  • Media
  • Commercial
  • Aerospace & Defense
  • Government
  • Other (Healthcare)

A full report of Fixed Satellite Services Market available @ https://www.omrglobal.com/industry-reports/fixed-satellite-services-market

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
  • Thaicom Public Company Ltd.
  • Viasat Inc.

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  2. More than 120 countries are for analysis.
  3. Over 100+ paid data sources mined for investigation.
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