Global Satellite Market: Trends & Opportunities (2013-2018)

The report titled “Global Satellite Market: Trends and Opportunities (2013-2018)” analyzes the potential opportunities and significant trends in the global satellite manufacturing, satellite services and satellite ground equipment markets. The report provides detailed analysis of the market size and segmentation of the satellite industry with regional focus on the United States satellite market. It assesses the market share of the satellite industry based on certain parameters like segmentation, operational function and orbital launch. The report also provides an insight into the technologies like VSAT (Very small aperture terminal) and M2M (Machine to machine) focusing on their market size, competitive landscape, key issues and future projection. The report profiles and analyzes the business strategies of the leading companies operating in the segment, including their expansion plans.

Satellite industry forms a part of both space and telecom industry. The industry serves different roles in providing services like broadcasting, managed network services, mobile data, voice services and remote and image sensing. The demand for high definition TV conversion, direct to home (DTH) television and intercontinental transmission is projected to remain high, thereby adding to the demand as well as need for satellite services. The advancement of HDTV channels in developed economies like the United States and several countries of Europe have maintained a positive momentum.

Further, growth of the satellite industry is significantly higher in Middle East and North Africa as compared to rest of the world. The satellite services segment is the largest segment of the satellite industry witnessing the highest growth. The growing proliferation of digital content is also fuelling the demand of satellite infrastructure globally. The reason for fast growth of satellite in communication and broadcasting are the competitive new choices for video services, complete coverage in rural areas with diverse service offerings like diverse foreign language channels and expensive sports programming.