Published by Uma Rajagopal
Posted on December 29, 2021
According to the latest report by IMARC Group, titled “Satellite Communication (SATCOM) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global satellite communication (SATCOM) market exhibited moderate growth during 2015-2020. Looking forward, IMARC Group expects the global satellite communication (SATCOM) market to grow at a CAGR of around 8% during 2021-2026.
Satellite communication (SATCOM) represents an artificial satellite-based communication system that supports data link channels. It includes a data unit, antenna, high power amplifier, and steerable beam. SATCOM facilitates the exchange of signals in the form of modulated waves between the sender and receiver antenna via a satellite. As a result, it finds extensive applications across numerous industries for voice communications, radio broadcasting, navigation, water and weather monitoring, remote sensing, etc.
Request Free Sample Report: https://www.imarcgroup.com/satellite-communication-market/requestsample
The expanding aerospace and aviation industries across the globe are primarily driving the SATCOM market. Moreover, the widespread adoption of SATCOM for cellular backhaul, wide area network (WAN) communications, internet trunking, television broadcasting, rural telephony, etc., is further catalyzing the market growth. In addition to this, the elevating utilization of these systems for facilitating video on demand (VoD), voice over Internet Protocol (VoIP), telemedicine services, etc., is acting as another significant growth-inducing factor. Furthermore, the growing integration of connected devices with the Internet of Things (IoT), which is assisting in enabling the smooth functioning of connected and autonomous vehicles, is also augmenting the global market. Besides this, the increasing improvements in the telecommunication infrastructures across countries are positively influencing the market growth. Moreover, the rising usage of cloud-based services for ground mobility platforms is anticipated to fuel the SATCOM market over the forecasted period.
Read More: Top Players in the Satellite Communication (SATCOM) Market
Some of Top Players in the Satellite Communication (SATCOM) Market Key Players are:
Key highlights of the Report:
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
Other Report:
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact Us:
IMARC Group
30 N Gould St, Ste R
Sheridan, WY (Wyoming) 82801 USA
Email: [email protected]
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800
According to the latest report by IMARC Group, titled “Satellite Communication (SATCOM) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global satellite communication (SATCOM) market exhibited moderate growth during 2015-2020. Looking forward, IMARC Group expects the global satellite communication (SATCOM) market to grow at a CAGR of around 8% during 2021-2026.
Satellite communication (SATCOM) represents an artificial satellite-based communication system that supports data link channels. It includes a data unit, antenna, high power amplifier, and steerable beam. SATCOM facilitates the exchange of signals in the form of modulated waves between the sender and receiver antenna via a satellite. As a result, it finds extensive applications across numerous industries for voice communications, radio broadcasting, navigation, water and weather monitoring, remote sensing, etc.
Request Free Sample Report: https://www.imarcgroup.com/satellite-communication-market/requestsample
The expanding aerospace and aviation industries across the globe are primarily driving the SATCOM market. Moreover, the widespread adoption of SATCOM for cellular backhaul, wide area network (WAN) communications, internet trunking, television broadcasting, rural telephony, etc., is further catalyzing the market growth. In addition to this, the elevating utilization of these systems for facilitating video on demand (VoD), voice over Internet Protocol (VoIP), telemedicine services, etc., is acting as another significant growth-inducing factor. Furthermore, the growing integration of connected devices with the Internet of Things (IoT), which is assisting in enabling the smooth functioning of connected and autonomous vehicles, is also augmenting the global market. Besides this, the increasing improvements in the telecommunication infrastructures across countries are positively influencing the market growth. Moreover, the rising usage of cloud-based services for ground mobility platforms is anticipated to fuel the SATCOM market over the forecasted period.
Read More: Top Players in the Satellite Communication (SATCOM) Market
Some of Top Players in the Satellite Communication (SATCOM) Market Key Players are:
Key highlights of the Report:
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
Other Report:
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact Us:
IMARC Group
30 N Gould St, Ste R
Sheridan, WY (Wyoming) 82801 USA
Email: [email protected]
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800
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