A recent report published by Infinium Global Research on fixed satellite services (FSS) market provides an in-depth analysis of segments and sub-segments in the global as well as regional fixed satellite services (FSS) market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional fixed satellite services (FSS) market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global fixed satellite services (FSS) market. According to the report, the global fixed satellite services (FSS) market is projected to grow at a CAGR of 5.1% over the forecast period of 2019-2025.
FSS or fixed- satellite services is a communication service that uses ground equipment at set locations to receive and transmit satellite signals. Generally, FSS has a low power output and for the reception, larger dish-style antennas are required. FSS requires less power satellites than direct broadcasting satellites (DBS). The Increasing 5G penetration trend is anticipated to further increase market growth in the future. As the increased usage of 5G connection among users, the market is expected to grow even bigger as the 5G connection uses the fixed satellites to establish connections. This method focuses on modeling a sharing state between the uplink of the FSS system and the uplink of the 5G NR enhanced mobile broadband cellular system.
Increase in demand for new TV platforms and technologies is the major driving factor of the fixed satellite services market. FSS provides cost-effectiveness, high reliability, and performance that are further expected to positively influence market growth. Furthermore, factors such as growth in spending on telecom/voice backhaul, enterprise and broadband connectivity, content and broadcast delivery, and increase in the number of broadband subscribers and HDTV channels are other driving factor of the market. Rising sales of smartphones and the necessity of high-speed internet are fueling market growth. However, the requirement of high capital investment for launching the satellite is restraining the growth of the market. Moreover, growth in the demand for high-throughput connectivity and corporate enterprise networks in the oil and gas industry provides wide growth opportunities to the global FSS market.
Geographically, North America dominates the global fixed satellite services market owing to increasing usage of Ka-band to serve the growing need for network-users, media, and government. Asia-Pacific is the fastest-growing region for the FSS market due to the booming telecom sector in the region and increasing investment in the satellite services market.
The report on global fixed satellite services (FSS) market covers segments such as service, organization size, and end-user. On the basis of service, the sub-markets include tv channel broadcast, telecom backhaul, broadband services, content and video distribution, and military satellite communication. On the basis of organization size, the sub-markets include small enterprises, medium enterprises, and large enterprises. On the basis of end-user, the sub-markets include media and entertainment, education, government, it and communications, retail, oil and gas, aerospace and defense, and other end-users.
The report provides profiles of the companies in the market such as Eutelsat Communications, Telesat Holdings, Embratel's Star One, SKY Perfect JSAT Holdings, Thaicom Public Company, Singapore Telecommunication Ltd., Space-Communications, Nigerian Communications Satellites, Telenor Satellite Broadcasting, Hispasat SA, and other companies.
The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of fixed satellite services (FSS) market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.
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