The global Fixed Satellite Services market is expected to reach USD 27.53 Billion by 2028, according to a new report by Reports and Data. With an intense investment to provide high-speed internet connectivity, smooth and efficient network connectivity in enterprises, low latency in over-the-top content delivery and, secure and efficient military communication services by deploying fixed satellite services is expected to propel the growth of the market.

An upsurge in demand for the smooth broadcast of TV and radio signals, low power required in providing fixed satellite services and low cost of accessing the services with high consistency and performance is further expected to propel the market growth.

The characteristic of the optical fiber to provide long haul communication service facilities without the need of a repeater or an amplifier at a very high data rate and with a very low loss in signal is likely to restrict the market growth for fixed satellite services.

North America is expected to be a key revenue generating region in the forecast period. The market is projected to grow at a CAGR of 4.6% in the forecast period. The growth is likely to be spurred by advancement in the deployment of Ka-band to deliver fixed satellite services to network consumers in the region of North America.

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Further key findings from the report suggest

• On the basis of the size of organization, the market has been segmented into Small office Home office, Small-Sized Enterprises and Medium-Sized Enterprises, and Large Enterprises. An extensive need for proper and high-speed internet connectivity for smooth flow of work in large enterprises dominates the market with a market size of USD 9.14 billion in 2018 and is forecasted to maintain its dominance throughout the forecast period
• On the basis of region, the market segmentations are North America, Europe, APAC, Middle East, Africa and South America. Advancement in the deployment of Ka-band to deliver fixed satellite services to network consumers in the region of North America is likely to make this region occupy the largest market share with USD 7.62 billion in the year 2018 and is expected to lead the market during the forecast period.
• Key participants include Eutelsat CommunicationsA. (France), Singapore Telecommunication Ltd. (Singapore), Embratel Star One (Brazil), Telesat Canada (Canada), Intelsat S.A. (Luxembourg), SES S.A. (Luxembourg), Thaicom Public Company Limited (Thailand), Sky Perfect JSAT Corporation (Japan), Hispasat (Spain), and Arabsat (Saudi Arabia).  

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 The report offers a comprehensive analysis of the key geographical regions to provide insights into key factors influencing market growth in the regions. Production and consumption ratio, import/export analysis, supply and demand, consumer behavior and demands, current and emerging trends, regulatory framework, strategic alliances, technological advancements, economic growth, and robust presence of key players in each region. The report also covers an extensive country-wise analysis to provide better understanding of the market growth in each key region of the world and help investors, stakeholders, and clients to capitalize on lucrative growth opportunities.

Regional analysis covers:

• North America (U.S., Canada, Mexico)
• Europe (U.K., Italy, Germany, France, Rest of EU)
• Asia Pacific(India, Japan, China, South Korea, Australia, Rest of APAC)
• Latin America(Chile, Brazil, Argentina, Rest of Latin America)
• Middle East Africa(Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Fixed Satellite Services Market Segmentation:

Type of Service Outlook (Revenue, USD Million; 2018-2026)

• Channel Broadcast
• Wholesale
• Audiovisual Contribution and Distribution
• Broadband and Enterprise Network
• Backhaul Services
• Managed Services
• Others

Industry Verticals Outlook (Revenue, USD Million; 2018-2026)

• Aerospace and Defense
• Government
• Education
• Retail
• Media and Entertainment
• Oil and Gas
• Telecom and IT
• Others

Organization Size Outlook (Revenue, USD Million; 2018-2026)

• Small office Home office
• Small Medium-Sized Enterprises
• Large Enterprises

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