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Satellite Communication (SATCOM) Market 2021-2026: Share, Size, Growth, Trends, Top Manufacturers, and Forecast

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Jenifer Wingdet
Satellite Communication (SATCOM) Market 2021-2026:  Share, Size, Growth, Trends, Top Manufacturers, and Forecast

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 satellite communication (SATCOM) market size 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) refers to a technology that facilitates smooth communication by transmitting radio waves from satellites. These signals are further captured and processed through transponders located on the ground. It uses artificial satellites for voice, video and audio transmission that allow radio broadcasting, navigation, and weather monitoring in a seamless manner. SATCOM also offers secure, uninterrupted and private communication as well as stable network connectivity across rural locations and developing countries.

As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviors of the consumers globally–our estimates about the latest market trends and forecast values after considering the impact of this pandemic.

Request Free Sample Report: https://www.imarcgroup.com/satellite-communication-market/requestsample

Market Trends:

The global market is majorly driven by continual technological advancements in the aerospace, defense and telecom sectors. Moreover, the widespread integration of the Internet of Things (IoT) and artificial intelligence (AI) with SATCOM is also creating a positive outlook for the market. IoT devices widely utilize satellite connectivity to transmit and exchange real-time data during flight operations and air traffic management, thereby providing an impetus to the market growth. Moreover, the rising adoption of the SATCOM telemetry and automatic identification system in the defense sector to assist in tracking and identifying marine vehicles across the globe is further propelling the market growth.

Explore Full Report with TOC & List of Figure: https://bit.ly/2SydIPu

Key Market Segmentation:

Competitive Landscape with Key Players:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Cobham Limited

EchoStar Corporation

General Dynamics Corporation

Gilat Satellite Networks

Honeywell International Inc.

L3Harris Technologies Inc.

SES S.A

SKY Perfect JSAT Holdings Inc

Telesat (Loral Space & Communications Inc.)

Thuraya Telecommunications Company (Al Yah Satellite Communication Company)

Viasat Inc.

Breakup by Component:

Equipment

Transmitter/Transponder

Antenna

Transceiver

Receiver

Modem/Router

Others

Services

Breakup by Application:

Voice Communication

Broadcasting

Data Communication

Breakup by End-Use Industry:

Aerospace and Defense

Transportation and Logistics

Agriculture

Government and Military

Media and Entertainment

Others

Breakup by Region:

North America (United States, Canada)

Europe (Germany, France, United Kingdom, Italy, Spain, Others)

Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)

Latin America (Brazil, Mexico, Others)

Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key highlights of the Report:

Market Performance (2015-2020)

Market Outlook (2021-2026)

Porter’s Five Forces Analysis

Market Drivers and Success Factors

SWOT Analysis

Value Chain

Comprehensive Mapping of the Competitive Landscape

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.

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
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Sheridan, WY (Wyoming) 82801 USA
Email: Sales@imarcgroup.com
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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