Global Commercial Satellite Broadband Market Growth (Status and Outlook) 2023-2029

Global Commercial Satellite Broadband Market Growth (Status and Outlook) 2023-2029

Product Code:459187

Published Date: Feb 08,2023

Pages: 104

Region: Global

Category: Internet & Communication

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Satellite broadband can be a valuable alternative for those who struggle with poor ADSL connections and can't access a normal broadband service, such as in rural areas and maritime.

LPI (LP Information)' newest research report, the “Commercial Satellite Broadband Industry Forecast” looks at past sales and reviews total world Commercial Satellite Broadband sales in 2022, providing a comprehensive analysis by region and market sector of projected Commercial Satellite Broadband sales for 2023 through 2029. With Commercial Satellite Broadband sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Commercial Satellite Broadband industry.

This Insight Report provides a comprehensive analysis of the global Commercial Satellite Broadband landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Commercial Satellite Broadband portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Commercial Satellite Broadband market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Commercial Satellite Broadband and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Commercial Satellite Broadband.

The global Commercial Satellite Broadband market size is projected to grow from US$ 4113.4 million in 2022 to US$ 8427 million in 2029; it is expected to grow at a CAGR of 10.8% from 2023 to 2029.

Hughes (EchoStar) is the largest producer, with more than 40% of the market share. Second is ViaSat, with a market share of about 16%.

This report presents a comprehensive overview, market shares, and growth opportunities of Commercial Satellite Broadband market by product type, application, key players and key regions and countries.

Market Segmentation:
Segmentation by type
    Equipment
    Service

Segmentation by application
    Residential
    Enterprises
    Government
    Others

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    Hughes (EchoStar)
    ViaSat
    Inmarsat
    ST Engineering iDirect
    Newtec Cy N.V.
    Eutelsat
    Iridium Communications
    Thaicom Public
    Bigblu Broadband
    Gilat Satellite Networks