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Space-based Broadband Internet Market Size Exceed US$ 51.33 Bn by 2030

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The global space-based broadband internet market size is expected to be worth around US$ 51.33 billion by 2030, according to a new report by Vision Research Reports. and is anticipated to grow at a CAGR of 20.6% during forecast period 2021 to 2030.

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Report Coverage

Report Scope Details
Market Size US$ 51.33 billion by 2030
Growth Rate CAGR of 20.6% From 2021 to 2030
Base Year 2021
Forecast Period 2021 to 2030
Segments Covered End-user, Application
Regional Scope North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Companies Mentioned Airbus S.A.S., Amazon, BridgeComm, Inc., Eutelsat Communications SA, Gilat Satellite Networks, Hughes Network Systems, LLC, Intelsat, L3Harris Technologies, Inc., OneWeb, SES S.A., ST Engineering iDirect, Inc., Starlink, Swarm Technologies, Inc., Telesat, Viasat, Inc

Growth Factors

Space-based broadband internet is the internet service provided utilizing communication satellites. The latest consumer-grade satellite internet service is provided to individual users through low Earth orbit (LEO), medium Earth orbit (MEO), and geostationary Earth orbit (GEO) that offer relatively higher speeds with the help of new satellites using Ku and Ka bands. Moreover, satellite internet constellations are being developed and launched to the LEO to enable low-latency connections from space.

The space-based broadband internet technology is gaining huge traction from governments and commercial consumers due to the increase in demand for round-the-clock connectivity solutions for various applications. Though the current telecommunications technology has developed several tools and systems to deliver the services, they often get the backlash against their lack of serviceability for remote locations and unstable connections due to harsh weather conditions.

Key Players

 Airbus S.A.S., Amazon, BridgeComm, Inc., Eutelsat Communications SA, Gilat Satellite Networks, Hughes Network Systems, LLC, Intelsat, L3Harris Technologies, Inc., OneWeb, SES S.A., ST Engineering iDirect, Inc., Starlink, Swarm Technologies, Inc., Telesat, Viasat, Inc.

Market Segmentation

 By Application

  • Agriculture
  • Maritime
  • Aviation
  • Enterprise
  • Data and Telecommunication
  • Logistics and Transportation
  • Others

By End-user

  • Defense and Government
  • Commercial
  •  Individual Users

Regional

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
  • Asia Pacific
    • China
    • India
    • Japan
    • Korea
  • Latin America
    • Brazil

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Daksh

Daksh is an SEO Analyst having 3 years of experienced. we can quickly understand and support initiatives that will contribute to the goals and success of client campaigns. and also Perform keyword research in coordination with client business objectives to optimize existing content and uncover new opportunities.

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