Satellite Industry to See Growth in the Offing, Says Koncept Analytics in Its New Report Recently Added at MarketPublishers.com12 Jul 2016 • by Natalie Aster
LONDON – The world’s satellite industry is predicted to see considerable growth in the years ahead with an upsurge in demand for bandwidth. The major factors propelling growth in this market include increasing government space budgets, escalating mobile data traffic, rising DTH channels, in-flight broadband services and also increasing number of middle-class households, among others. However, the satellite market growth could possibly be hindered by certain launch failures, crowding of satellite spectrum and enhancing financial challenges.
At present, the US takes lead in the world satellite marketplace with the maximum number of top service providers and satellite companies active in the country.
The prevailing trends in the world’s satellite market include adoption of novel technologies, increasing UHD and HD channel counts, rising broadband penetration worldwide, emerging regional operators, increasing number of Nano satellite launches and also rising commercial GEO satellite orders.
Cutting-edge report by Koncept Analytics “Global Satellite Market Report: 2016 Edition” offers a detailed analysis of the historical as well as present performance of the world satellite marketplace. It explores the regulative and competitive landscapes, features key factors shaping the satellites market, discusses the hottest issues and also covers the prevailing market development trends. The report presents a comprehensive review of the emerging challenges and opportunities and also outlines possible ways of the satellite market development in the years ahead.
Top satellite companies covered in this report include: SES, Inmarsat PLC, Eutelsat Communications and EchoStar Corporation.
Other market research reports by this publisher are available in the Koncept Analytics catalogue.