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.
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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 – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
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)
Global Fixed Satellite Services Market Report Segment by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
The Report Covers
- Market value data analysis of 2022 and forecast to 2030.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global fixed satellite services market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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