According to MarkNtel Advisors who is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. Recently released a report on Sky Based Communication Market - Industry Trends and Forecast to 2026 and provides a comprehensive analysis of the current and future market conditions. The market research insights offered in this report enhance understanding of the market landscape, potential challenges, and strategies to establish a strong brand presence. With detailed market segmentation, in-depth analysis of key players, examination of consumer and supply chain trends, and exploration of new geographic markets, the insights presented in this report simplify the effective marketing of products and services.
Global Sky Based Communication Market Analysis and Size
The Global Sky Based Communication Market is projected to grow at a CAGR of around 28% during the forecast period, i.e., 2021-26, says MarkNtel Advisors.
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Some of the major players operating in the Sky Based Communication Market are SES S.A., Honeywell Corporation, Viasat, Inc., Intelsat, Telesat, EchoStar Corporation, L3 Technologies, Inc., Thuraya Telecommunications Company, SKY Perfect JSAT Group, GILAT SATELLITE NETWORKS, Cobham Limited, Thales Group, General Dynamics, Satcom Global, Newtec, Hughes Network Systems, Iridium, Harris, Avl Technologies, Aselsan.
Sky Based Communication Market Growth Driver:
The governments of different countries are actively taking various initiatives & investing substantially in the research & development on integrating new technologies like the Internet of Things (IoT) & Artificial Intelligence (AI) in satellites. The aviation industry is witnessing an increasing utilization of IoT, which requires extensive & secure network connections for their operations. It, in turn, is boosting the demand for satellite communication to provide these systems with the needed communication channels. IoT devices, using satellite connectivity, transmit & exchange real-time data between IoT systems & components used in these domains, which helps optimize aviation operations. Hence, these aspects are projected to drive the Global Sky-Based Communication Market in the coming years. Some other aspects that shall boost the market include:
- Massive investments in 5G deployment that require higher bandwidth, which, in turn, is leading to more number of satellites getting launched
- Increasing need for maritime satellite communication
- Mounting adoption of satellites for real-time data tracking
Browse More About This Research Report @ https://www.marknteladvisors.com/research-library/global-sky-based-communication-market.html
Market Segment and Geographical Analysis
By Applications
- Telecommunication
- Broadband
- Navigation
- Remote Sensing
- Broadcasting
- Data communications
- Others
By Platform
- Satellites
- By Frequency
- L & S Band (1-4 GHZ)
- C & X Band (5-12 GHZ)
- Ku & Ka Band (13-40 GHZ)
- UAVs
- High Altitude Platform Stations
By Components
- Modems
- Gateways
- Antennas
- Transponders
- Receivers & Transmitters
- Others
By End Users
- Maritime
- Aerospace & Defence
- Industrial
- Transportation & Logistics
- Media
- Government & Public Safety
- Agriculture
- Others
By Region
- North America
- South America
- Asia-Pacific & Oceania
- Middle East & Africa
- Europe
Note - Market research studies from MarkNtel Advisors are offered in PDF, Excel and PowerPoint formats. Within 24 hours of the payment being successfully received, the report will be sent to your email address.
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