Global Fixed Satellite Services (FSS) Market Size, Trends and Growth Opportunity, By Service Type (Wholesale FSS, TV Channel Broadcast, Broadband and Enterprise Network, Video Contribution and Distribution, Trunking and Backhaul, Managed FSS, Others), By Organization Size (Small Office Home Office, Small and Medium Business, Large Enterprises), By Vertical (Government, Education, Aerospace and Defence, Media and Entertainment, Oil and Gas, Retail, Telecom and IT, Healthcare and Logistics, Others), By Region and forecast till 2027.
Report ID : IR100514 | Industries : Chemicals & Materials | Published On :May 2024 | Page Count : 126
Global Fixed Satellite Services (FSS) Market Size, Trends and Growth Opportunity, By Service Type (Wholesale FSS, TV Channel Broadcast, Broadband and Enterprise Network, Video Contribution and Distribution, Trunking and Backhaul, Managed FSS, Others), By Organization Size (Small Office Home Office, Small and Medium Business, Large Enterprises), By Vertical (Government, Education, Aerospace and Defence, Media and Entertainment, Oil and Gas, Retail, Telecom and IT, Healthcare and Logistics, Others), By Region and forecast till 2027.
Global Fixed Satellite Services (FSS) Market
Global Fixed Satellite Services (FSS) Market was valued at USD 22.3 billion in 2021 and is slated to reach at USD 31.04 billion by 2027 at a CAGR of 4.56% from 2022-2027.
Fixed satellite services, also known as FSS, are radio communications that link various earth stations. These satellite services use VSAT technology to transmit and receive phone calls as well as broadcast television signals. They have huge dish-style antennas and low power output for better service reception. FSS systems are strategically positioned to cover a wide region and enable users to communicate while travelling without losing signals since they give services to several users at the same time.
Market Drivers
The advent of smartphones and rising income levels have made high-speed internet a requirement for communication. As a result, there has been significant recent growth in the market for fixed satellite services globally. The demand for fixed satellite services has grown globally as a result of the expanded use of HDTV channels and new DTH TV platforms. Over the forecast period, increased 5G penetration is anticipated to fuel market growth. This is due to the fact that 5G connections rely on fixed satellites to make connections, therefore as customers increase their use of 5G connections, the market is anticipated to grow even more. Research has been done on how to share the 28 GHz band between fixed satellite services and 5G new radio cellular systems (FSS). The goal of this approach is to simulate a sharing situation between the uplinks of the 5G NR enhanced mobile broadband (eMBB) cellular system and the FSS system. It may help the next-generation Node-B, commonly known as the 5G base station, develop interference from FSS endpoints.
Demand for fixed satellite services is anticipated to rise over the projected period due to rising investments in enterprise and broadband connectivity, content and broadcast delivery, telecom backhaul, and military satellite communication. The need for corporate enterprise networks and high-throughput connectivity has increased in the oil and gas sector. The key players in the worldwide FSS market have benefited from several growth prospects as a result.
Market Restraints
Two significant barriers to the broad implementation of fixed satellite services are the high construction costs and the rising use of fibre optic transmission connections. Furthermore, it could be challenging for new businesses to enter the industry under study because to rigorous government regulations and limited orbital positions. Synergies and cooperation among satellite operators to increase transponder usage rates is a recent market trend. As FSS demand has increased, there has been intense rivalry, which has resulted to additional satellites being launched by current providers and new satellite operators entering the market.
Impact of COVOD-19
The COVID-19 has had a negative impact on the market for satellite launch services. Pandemic-related lockdowns and isolation have complicated supply chain management and slowed the testing, production, and launch of certain satellites. This has caused many of the launch service providers' missions to be delayed. Although testing and development have reached the necessary stage with the improvement in the global situation, there is no denying that COVID-19 has had a significant negative impact on the market for satellite launch services.
Market Segmentation
Global Fixed Satellite Services (FSS) Market is segmented into Service Type, Organization Size, and Vertical. By Service Type such as Wholesale FSS, TV Channel Broadcast, Broadband and Enterprise Network, Video Contribution and Distribution, Trunking and Backhaul, Managed FSS, Others. By Organization Size such as Small Office Home Office, Small and Medium Business, Large Enterprises. By Vertical such as Government, Education, Aerospace and Defence, Media and Entertainment, Oil and Gas, Retail, Telecom and IT, Healthcare and Logistics, Others.
Regional Analysis
The FSS market is anticipated to be dominated by North America. High-speed internet services, an increase in the use of satellite connectivity applications for last-mile connections, and an increase in the demand for real-time monitoring and control systems that can be accessed via satellites are the main causes of this expansion. The FSS market is predicted to be dominated by Asia-Pacific. High-speed internet services, an increase in the use of satellite connectivity applications for last-mile connections, and an increase in the demand for real-time monitoring and control systems that can be accessed using satellites are the main drivers of this expansion.
Key Players
This report includes a list of numerous Key Players, namely SES S.A. (Luxembourg), SKY Perfect JSAT Corporation (Japan), Thaicom public company limited (Thailand), Hispasat (Spain), Arabsat (Saudi Arabia), Eutelsat communications SA (France), Star One credit union (India), Singtel (Singapore), Intelsat (Luxembourg), Telesat (Canada).
Market Taxonomy
By Service Type
• Wholesale FSS
• TV Channel Broadcast
• Broadband and Enterprise Network
• Video Contribution and Distribution
• Trunking and Backhaul
• Managed FSS
• Others
By Organisation Size
• Small Office Home Office
• Small and Medium Business
• Large Enterprises
By Vertical
• Government
• Education
• Aerospace and Defence
• Media and Entertainment
• Oil and Gas
• Retail
• Telecom and IT
• Healthcare and Logistics
• Others
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa.
Global Fixed Satellite Services (FSS) Market TOC:
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Fixed Satellite Services (FSS) Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Fixed Satellite Services (FSS) Market, By Service Type
5.1 Y-o-Y Growth Comparison, By Service Type
5.2 Global Fixed Satellite Services (FSS) Market Share Analysis, By Service Type
5.3 Global Fixed Satellite Services (FSS) Market Size and Forecast, By Service Type
5.3.1 Wholesale FSS
5.3.2 TV Channel Broadcast
5.3.3 Broadband and Enterprise Network
5.3.4 Video Contribution and Distribution
5.3.5 Trunking and Backhaul
5.3.6 Managed FSS
5.3.7 Others
6 Global Fixed Satellite Services (FSS) Market, By Organization Size
6.1 Y-o-Y Growth Comparison, By Organization Size
6.2 Global Fixed Satellite Services (FSS) Market Share Analysis, By Organization Size
6.3 Global Fixed Satellite Services (FSS) Market Size and Forecast, By Organization Size
6.3.1 Small Office Home Office
6.3.2 Small and Medium Business
6.3.3 Large Enterprises
7 Global Fixed Satellite Services (FSS) Market, By Vertical
7.1 Y-o-Y Growth Comparison, By Vertical
7.2 Global Fixed Satellite Services (FSS) Market Share Analysis, By Vertical
7.3 Global Fixed Satellite Services (FSS) Market Size and Forecast, By Vertical
7.3.1 Government
7.3.2 Education
7.3.3 Aerospace and Defence
7.3.4 Media and Entertainment
7.3.5 Oil and Gas
7.3.6 Retail
7.3.7 Telecom and IT
7.3.8 Healthcare and Logistics
7.3.9 Others
8 Global Fixed Satellite Services (FSS) Market, By Region
8.1 Global Fixed Satellite Services (FSS) Market Share Analysis, By Region
8.2 Global Fixed Satellite Services (FSS) Market Share Analysis, By Region
8.3 Global Fixed Satellite Services (FSS) Market Size and Forecast, By Region
9 North America Fixed Satellite Services (FSS) Market Analysis and Forecast (2022-2027)
9.1 Introduction
9.2 North America Fixed Satellite Services (FSS) Market Share Analysis, By Service Type
9.3 North America Fixed Satellite Services (FSS) Market Size and Forecast, By Organization Size
9.4 North America Fixed Satellite Services (FSS) Market Size and Forecast, By Vertical
9.5 North America Fixed Satellite Services (FSS) Market Size and Forecast, By Country
9.5.1 U.S.
9.5.2 Canada
9.5.3 Mexico
10 Europe Fixed Satellite Services (FSS) Market Analysis and Forecast (2022-2027)
10.1 Introduction
10.2 Europe Fixed Satellite Services (FSS) Market Share Analysis, By Service Type
10.3 Europe Fixed Satellite Services (FSS) Market Size and Forecast, By Organization Size
10.4 Europe Fixed Satellite Services (FSS) Market Size and Forecast, By Vertical
10.5 Europe Fixed Satellite Services (FSS) Market Size and Forecast, By Country
10.5.1 Germany
10.5.2 France
10.5.3 UK
10.5.4. Rest of Europe
11 Asia Pacific Fixed Satellite Services (FSS) Market Analysis and Forecast (2022-2027)
11.1 Introduction
11.2 Asia Pacific Fixed Satellite Services (FSS) Market Share Analysis, By Service Type
11.3 Asia Pacific Fixed Satellite Services (FSS) Market Size and Forecast, By Organization Size
11.4 Asia Pacific Fixed Satellite Services (FSS) Market Size and Forecast, By Vertical
11.5 Asia Pacific Fixed Satellite Services (FSS) Market Size and Forecast, By Country
11.5.1 China
11.5.2 Japan
11.5.3 India
11.5.4. Rest of Asia Pacific
12 Latin America Fixed Satellite Services (FSS) Market Analysis and Forecast (2022-2027)
12.1 Introduction
12.2 Latin America Fixed Satellite Services (FSS) Market Share Analysis, By Service Type
12.3 Latin America Fixed Satellite Services (FSS) Market Size and Forecast, By Organization Size
12.4 Latin America Fixed Satellite Services (FSS) Market Size and Forecast, By Vertical
12.5 Latin America Fixed Satellite Services (FSS) Market Size and Forecast, Country
12.5.1. Brazil
12.5.2. Rest of Latin America
13 Middle East Fixed Satellite Services (FSS) Market Analysis and Forecast (2022-2027)
13.1 Introduction
13.2 Middle East Fixed Satellite Services (FSS) Market Share Analysis, By Service Type
13.3 Middle East Fixed Satellite Services (FSS) Market Size and Forecast, By Organization Size
13.4 Middle East Fixed Satellite Services (FSS) Market Size and Forecast, By Vertical
13.5 Middle East Fixed Satellite Services (FSS) Market Size and Forecast, By Country
13.5.1. Saudi Arabia
13.5.2. UAE
13.5.3. Egypt
13.5.4. Kuwait
13.5.5. South Africa
14 Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15 Company Profiles
15.1 SES S.A.
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 SKY Perfect JSAT Corporation
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3 Thaicom public company limited
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 Hispasat
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 Arabsat
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 Eutelsat communications SA
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 Star One credit union
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 Singtel
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 Intelsat
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
15.10 Telesat
15.10.1 Overview
15.10.2 Offerings
15.10.3 Key Financials
15.10.4 Business Segment & Geographic Overview
15.10.5 Key Market Developments
15.10.6 Key Strategies