Fixed Satellite Services Market Trends, Industry & Size 2031

Segments - Fixed Satellite Services Market by Service Types (TV Channel Broadcast, Backhaul & Trunking, Wholesale FSS, Enterprise & Broadband Network, Managed FSS, and Others), Size Types (Small & Medium Business, Small Office & Home Office, and Large Enterprises), End-users (Entertainment & Media, Education, Government, IT Sector, Retail, Oil & Gas, Aerospace & Defense, Logistics, and Healthcare), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031

Author : Raksha Sharma

Fact-checked by : Vineet Pandey

Editor : Shruti Bhat

Report Description

Fixed Satellite Services Market Outlook 2031

The Fixed Satellite Services Market size was USD 19.92 Billion in 2022 and is likely to reach USD 30.90 Billion by 2031, expanding at a CAGR of 5% during the forecast period, 2023–2031. The growth of the market is attributed to continuous transferable of data to end users and wide employed for fixed satellite services utilizing low power output.

Furthermore, it offers low cost productivity, elevated reliability, and higher performance that are expected to foster the market growth during the forecast period. Fixed satellite services (FSS) is based on radio-frequencies that establish connection between earth stations at a particular location connected to a specified zone, which allow high-paced connectivity to its end-users.

Global Fixed Satellite Services Market Outlook

The working of FSS is based on the bands including C-band (satellite connections for TV antennas), Ka-band (target radar of low range mainly for military, to detect motor speed), and X-band (weather forecasting, monitor air traffic, and aerospace tracking), which further provide excellent assistance to its present networking system. The service system also utilize several technology such as very small aperture terminus (VSAT) to increase connectivity level. In addition, the satellite service requires the movement of vehicle to carry heavy equipment.

Fixed Satellite Services Market Trends, Drivers, Restraints, and Opportunities

Advancement of platforms such as DTH TV and rising numbers of HDTV connections, and broadband customers are expected to boost the market growth during the forecast period.
Requirement of high capital investment and existing constant rivalry from cable networking services providing fiber-optic communication present key restraining factors that can hamper the market growth.
High costs for installation of satellite in the orbital location and short numbers of orbital locations are key challenges anticipated to impede the market growth.
Increasing demand of the FSS system from large companies and enterprises to ensure their customer broadband for high connectivity and effective communication. This is expected to drive the market growth.
Growing needs for broadband connection, which can provide reusable frequencies & on-boarding procedure coupled with double proficiency factors are anticipated to provide immense opportunities for the market growth during the forecast period.

Scope of Fixed Satellite Services Market Report

The report on the global fixed satellite services market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes	Details
Report Title	Fixed Satellite Services Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
Base Year	2023
Historic Data	2016–2021
Forecast Period	2023–2031
Segmentation	Service Types (TV Channel Broadcast, Backhaul & Trunking, Wholesale FSS, Enterprise & Broadband Network, Managed FSS, and Others), Size Types (Small & Medium Business, Small Office & Home Office, and Large Enterprises), and End-Users (Entertainment & Media, Education, Government, IT Sector, Retail, Oil & Gas, Aerospace & Defense, Logistics, and Healthcare)
Regional Scope	Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
Report Coverage	Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
Key Players Covered in the Report	Embratel’s Star One, Eutelsat Communications, Thaicom Public Company Ltd., Space-Communications, Telesat Holdings, Nigerian Communications Satellites, Telenor Satellite Broadcasting, Singapore Telecommunication Ltd., and Arabsat.

Fixed Satellite Services Market Segment Insights

TV channel broadcast segment to account for a large share

Based on service types, the global fixed satellite services market is segregated into TV channel broadcast, backhaul & trunking, wholesale FSS, enterprise & broadband network, managed FSS, and others. The TV channel broadcast segment is projected to account for a large share in the coming years owing to wide adoption of FSS for various broadcasting purposes. Additionally, rising demand for effective TV channel broadcast due to wide use of the items in households.

Fixed Satellite Services Market Service Types

Large enterprises segment to exhibit a substantial CAGR

On the basis of size types, the market is segmented into small & medium business, small office & home office, and large enterprises. The large enterprises segment is anticipated to exhibit a substantial CAGR during the forecast period owing to the extensive use of the satellite service for various digital applications by major business organizations. Increasing spending to enhance the broadband networks from large enterprises present another key driver for the segment expansion.

Aerospace & defense segment is expected to grow at a rapid pace

Based on end-users, the global fixed satellite services market is divided into entertainment & media, education, government, IT sector, retail, oil & gas, aerospace & defense, logistics, and healthcare. The aerospace & defense segment accounted for a key share of the market in 2020 and is anticipated to expand at a rapid pace during the forecast period.

Governments across the globe are increasingly spending a huge sum of money for the modernization of civil aviation, military, regulation of air traffic, and usage for defense track to prevent from security threats. This is expected to boost the segment expansion.

Global Fixed Satellite Services Market End Users

North America is projected to account for a key share

In terms of regions, the market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America is estimated to account for a significant share during the forecast period. Rising number of broadband service users, media & entertainment, and government agencies that allow easy access to utilize Ka-band for their network are key drivers for the regional market growth.

On the other hand, the market in Asia Pacific is projected to hold a substantial market share in the coming years due to the wide existence of a large consumer base and rising adoption of broadband service in the region.

Global Fixed Satellite Services Market Regions

Segments

The global fixed satellite services market has been segmented on the basis of

Service Types

TV Channel Broadcast
Backhaul & Trunking
Wholesale FSS
Enterprise & Broadband Network
Managed FSS
Others

Size Types

Small & Medium Business
Small Office & Home Office
Large Enterprises

End-Users

Entertainment & Media
Education
Government
IT Sector
Retail
Oil & Gas
Aerospace & Defense
Logistics
Healthcare

Regions

Asia Pacific
North America
Latin America
Europe
Middle East & Africa

Key Players

Embratel’s Star One
Eutelsat Communications
Telesat Holdings
Thaicom Public Company Ltd.
Space-Communications
Nigerian Communications Satellites
Telenor Broadcasting
Singapore Telecommunication Ltd.
Arabsat

Competitive Landscape

Key players competing in the global fixed satellite services market are Embratel’s Star One, Eutelsat Communications, Thaicom Public Company Ltd., Space-Communications, Telesat Holdings, Nigerian Communications Satellites, Telenor Satellite Broadcasting, Singapore Telecommunication Ltd., and Arabsat. Some of these players are actively considering to adopt several market strategies including mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to enhance their market shares.

Global Fixed Satellite Services Market Key Players

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Fixed Satellite Services Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Fixed Satellite Services Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Fixed Satellite Services Market - Supply Chain
  4.5. Global Fixed Satellite Services Market Forecast
     4.5.1. Fixed Satellite Services Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Fixed Satellite Services Market Size (000â€™ Units) and Y-o-Y Growth
     4.5.3. Fixed Satellite Services Market Absolute $ Opportunity
5. Global Fixed Satellite Services Market Analysis and Forecast by End Users
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by End Users
     5.2.2. Y-o-Y Growth Projections by End Users
  5.3. Fixed Satellite Services Market Size and Volume Forecast by End Users
     5.3.1. Entertainment & Media
     5.3.2. Education
     5.3.3. Government
     5.3.4. IT Sector
     5.3.5. Retail
     5.3.6. Oil & Gas
     5.3.7. Aerospace & Defense
     5.3.8. Logistics
     5.3.9. Healthcare
  5.4. Absolute $ Opportunity Assessment by End Users
  5.5. Market Attractiveness/Growth Potential Analysis by End Users
6. Global Fixed Satellite Services Market Analysis and Forecast by Region
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Region
     6.2.2. Y-o-Y Growth Projections by Region
  6.3. Fixed Satellite Services Market Size and Volume Forecast by Region
     6.3.1. North America
     6.3.2. Latin America
     6.3.3. Europe
     6.3.4. Asia Pacific
     6.3.5. Middle East and Africa (MEA)
  6.4. Absolute $ Opportunity Assessment by Region
  6.5. Market Attractiveness/Growth Potential Analysis by Region
  6.6. Global Fixed Satellite Services Demand Share Forecast, 2019-2026
7. North America Fixed Satellite Services Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
  7.2. North America Fixed Satellite Services Market Size and Volume Forecast by Country
     7.2.1. U.S.
     7.2.2. Canada
  7.3. Absolute $ Opportunity Assessment by Country
  7.4. North America Fixed Satellite Services Market Size and Volume Forecast by End Users
     7.4.1. Entertainment & Media
     7.4.2. Education
     7.4.3. Government
     7.4.4. IT Sector
     7.4.5. Retail
     7.4.6. Oil & Gas
     7.4.7. Aerospace & Defense
     7.4.8. Logistics
     7.4.9. Healthcare
  7.5. Basis Point Share (BPS) Analysis by End Users
  7.6. Y-o-Y Growth Projections by End Users
  7.7. Market Attractiveness/Growth Potential Analysis
     7.7.1. By Country
     7.7.2. By Product Type
     7.7.3. By Application
  7.8. North America Fixed Satellite Services Demand Share Forecast, 2019-2026
8. Latin America Fixed Satellite Services Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Latin America Average Pricing Analysis
  8.2. Latin America Fixed Satellite Services Market Size and Volume Forecast by Country
      8.2.1. Brazil
      8.2.2. Mexico
      8.2.3. Rest of Latin America
   8.3. Absolute $ Opportunity Assessment by Country
  8.4. Latin America Fixed Satellite Services Market Size and Volume Forecast by End Users
     8.4.1. Entertainment & Media
     8.4.2. Education
     8.4.3. Government
     8.4.4. IT Sector
     8.4.5. Retail
     8.4.6. Oil & Gas
     8.4.7. Aerospace & Defense
     8.4.8. Logistics
     8.4.9. Healthcare
  8.5. Basis Point Share (BPS) Analysis by End Users
  8.6. Y-o-Y Growth Projections by End Users
  8.7. Market Attractiveness/Growth Potential Analysis
     8.7.1. By Country
     8.7.2. By Product Type
     8.7.3. By Application
  8.8. Latin America Fixed Satellite Services Demand Share Forecast, 2019-2026
9. Europe Fixed Satellite Services Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Europe Average Pricing Analysis
  9.2. Europe Fixed Satellite Services Market Size and Volume Forecast by Country
     9.2.1. Germany
     9.2.2. France
     9.2.3. Italy
     9.2.4. U.K.
     9.2.5. Spain
     9.2.6. Russia
     9.2.7. Rest of Europe
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Europe Fixed Satellite Services Market Size and Volume Forecast by End Users
     9.4.1. Entertainment & Media
     9.4.2. Education
     9.4.3. Government
     9.4.4. IT Sector
     9.4.5. Retail
     9.4.6. Oil & Gas
     9.4.7. Aerospace & Defense
     9.4.8. Logistics
     9.4.9. Healthcare
  9.5. Basis Point Share (BPS) Analysis by End Users
  9.6. Y-o-Y Growth Projections by End Users
  9.7. Market Attractiveness/Growth Potential Analysis
     9.7.1. By Country
     9.7.2. By Product Type
     9.7.3. By Application
  9.8. Europe Fixed Satellite Services Demand Share Forecast, 2019-2026
10. Asia Pacific Fixed Satellite Services Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Asia Pacific Average Pricing Analysis
  10.2. Asia Pacific Fixed Satellite Services Market Size and Volume Forecast by Country
     10.2.1. China
     10.2.2. Japan
     10.2.3. South Korea
     10.2.4. India
     10.2.5. Australia
     10.2.6. Rest of Asia Pacific (APAC)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Asia Pacific Fixed Satellite Services Market Size and Volume Forecast by End Users
     10.4.1. Entertainment & Media
     10.4.2. Education
     10.4.3. Government
     10.4.4. IT Sector
     10.4.5. Retail
     10.4.6. Oil & Gas
     10.4.7. Aerospace & Defense
     10.4.8. Logistics
     10.4.9. Healthcare
  10.5. Basis Point Share (BPS) Analysis by End Users
  10.6. Y-o-Y Growth Projections by End Users
  10.7. Market Attractiveness/Growth Potential Analysis
     10.7.1. By Country
     10.7.2. By Product Type
     10.7.3. By Application
  10.8. Asia Pacific Fixed Satellite Services Demand Share Forecast, 2019-2026
11. Middle East & Africa Fixed Satellite Services Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Middle East & Africa Average Pricing Analysis
  11.2. Middle East & Africa Fixed Satellite Services Market Size and Volume Forecast by Country
     11.2.1. Saudi Arabia
     11.2.2. South Africa
     11.2.3. UAE
     11.2.4. Rest of Middle East & Africa (MEA)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Middle East & Africa Fixed Satellite Services Market Size and Volume Forecast by End Users
     11.4.1. Entertainment & Media
     11.4.2. Education
     11.4.3. Government
     11.4.4. IT Sector
     11.4.5. Retail
     11.4.6. Oil & Gas
     11.4.7. Aerospace & Defense
     11.4.8. Logistics
     11.4.9. Healthcare
  11.5. Basis Point Share (BPS) Analysis by End Users
  11.6. Y-o-Y Growth Projections by End Users
  11.7. Market Attractiveness/Growth Potential Analysis
     11.7.1. By Country
     11.7.2. By Product Type
     11.7.3. By Application
  11.8. Middle East & Africa Fixed Satellite Services Demand Share Forecast, 2019-2026
12. Competition Landscape
  12.1. Global Fixed Satellite Services Market: Market Share Analysis
  12.2. Fixed Satellite Services Distributors and Customers
  12.3. Fixed Satellite Services Market: Competitive Dashboard
  12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     12.4.1. Embratel’s Star One
     12.4.2. Eutelsat Communications
     12.4.3. Telesat Holdings
     12.4.4. Thaicom Public Company Ltd.
     12.4.5. Space-Communications
     12.4.6. Nigerian Communications Satellites
     12.4.7. Telenor Broadcasting
     12.4.8. Singapore Telecommunication Ltd.
     12.4.9. Arabsat