New Report Says Fixed Satellite Services Market to Grow 5.1% CAGR from 2019-2025
Dublin, Ireland, Sept. 26, 2019 — A new report has predicted that the global fixed satellite services (FSS) market will grow with a compounded annual growth rate (CAGR) of 5.1% over the forecast period from 2019-2025.
The study released by Research and Market covers an analysis of the leading geographies such as North America, Europe, Asia-Pacific, and RoW for the period of 2017 to 2025.
The firm said the report is a comprehensive study and presentation of drivers, restraints, opportunities, demand factors, market size, forecasts, and trends in the global fixed satellite services (FSS) market over the period of 2017 to 2025. The report, says the firm, is a collective presentation of primary and secondary research findings.
Among the featured companies are: Embratel's Star One, Eutelsat Communications, SKY Perfect JSAT Holdings, Space-Communications, Telesat Holdings, Thaicom Public Company and others.
Among the drivers of the FSS market are the increase in demand for new TV platforms and technologies, increase in the number of broadband subscribers and HDTV channels, and rising sales of smartphones.
However, the report says, the requirement of high capital investment for launching the satellite is restraining the growth of FSS.
However, there remain lots of opportunities such as the growth in the demand for high-throughput connectivity and corporate enterprise networks in the oil and gas industry.
The report was based on extensive interviews and analysis of the opinions provided by primary respondents. The primary research respondents include key opinion leaders, internal and external subject matter experts, and professionals and participants from the industry.
The report covers the global FSS market by service, by organization size, and by market end-user.
Company profiles of some of the big playes are also covered. These include: Eutelsat Communications, Telesat Holdings, Embratel's Star One, SKY Perfect JSAT Holdings, Thaicom Public Company, and Singapore Telecommunication Ltd.
