The Satellite Communication Industry ( SATCOM) assiduity size was valued at USD27.56 billion in

  1. It's projected to grow from USD29.98 billion in 2022 to USD56.74 billion by 2029 at a CAGR

of9.4 during the cast period. The assiduity is anticipated to grow remarkably well due to the growing

number of space disquisition conditioning over the period stated this in a report named," Satellite

Communication(SATCOM) Industry, 2022- 2029."


Rising Relinquishment of Better Bias Drives Transceiver Segment

Grounded on element, the assiduity is distributed into transmitter/ transponder, transceiver, antenna,

receiver, and others. The transceiver member will dominate due to the rising relief of receivers and

transmitters with better transceiver systems. Surging Demand for DTH Services and Internet from

End- druggies Will Favor Broadcasting.


In terms of operation, the assiduity is classified into remote seeing, military operations and

navigations, rainfall monitoring, broadcasting, and others. The broadcasting member is anticipated to

rule the assiduity due to the surging demand for DTH services and internet from end- druggies.

Rising Use of Satellite Communication in the Telecommunication Industry Spurs Product Demand

With respects to end- stoner, the assiduity is bifurcated into marketable and government & defense.

The marketable member is anticipated to show advanced growth due to the rising use of satellite

communication in the telecommunication assiduity.

Report Coverage

The report provides perceptivity into the indigenous analysis covering different regions, contributing

to the assiduity's growth. The report includes qualitative and quantitative analysis of several factors

similar as the crucial motorists and conditions that will impact the assiduity. espousing strategies by

major players to introduce hookups, collaboration, and new products will contribute to the assiduity's


Motorists and conditions

Rising Technological Development of Small Satellites in the Aviation Assiduity to Energy Product

Demand Due to technological developments of small satellites in ground operation, the demand for

the product rose. likewise, the rising demand for data analytics, pall computing, and artificial

intelligence will goad product demand. Meanwhile, security enterprises related to the sustainability of

satellite systems could stymie the Satellite Communication( SATCOM) assiduity growth.

Regional perceptivity


Rising Government Spending on Military Networks Nurtures Growth in North America

North America held a significant grip on the global Satellite Communication( SATCOM) assiduity

share during the projected period due to rising government spending on military and communication

networks across the region.

Asia Pacific is projected to showcase exponential growth during the cast period due to the expansion

in use of satellite antennas in the telecommunication, aeronautics, and IT diligence.

Europe is seen to have decent demand due to rapid-fire enhancement in structure modernization

systems and the growing number of space disquisition conditioning.

Competitive Landscape

Several titans are Investing in Space Exploration Conditioning to Strengthen their Position

The assiduity's crucial players are continuously planting accession strategies to strengthen their

customer base. For illustration, in June 2022, Viasat, a satellite dispatches establishment, approved

the proposed accession of Britain's Satellite communication with an end to connect the world


Key Industry Development

May 2022- UltiSatInc. and Cobham Satcom blazoned the signing of a strategic distributor and

integrator agreement to expand their assiduity reach.

List of the Companies Penciled in the Report

  • Qualcomm Technologies,Inc.(U.S.)
  • Viasat,Inc.(U.S.)
  • KVH diligence,Inc.(U.S.)
  • Boeing(U.S.)
  • Cobham Limited(U.K.)
  • Dispatches and Power Technologies(U.S.)
  • Honeywell InternationalInc.(U.S.)
  • Inmarsat Global Limited(U.K)
  • Iridium DispatchesInc.(U.S.)
  • L3Harris Technologies,Inc.(U.S.)

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