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Satellite Communication Market size worth $ 131.68 Billion, Globally, by 2028 at 9.10% CAGR: Verified Market Research®

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The use of Satellite Communication is extensively in television, telephone, radio, internet, and military applications. A large range of radio and microwave frequencies are used for Satellite Communication. The purpose of communications satellites is to relay the signal across the curve of the Earth allowing communication among broadly separated geographical points. It covers a wide area of the earth subsequently whole country or location may be covered with simply one satellite.

Growing applications and adoption of Artificial Intelligence (AI) and the Internet of Things (IoT) have paved the way for Intelligent Transport Systems (ITS). These systems permit customers to track cars or motors and permit freight operators to share and receive information promptly. Using satellite communication for transportation will permit seamless and non-stop transmission of data among the vehicle and the transport hub, filling the gaps of the terrestrial networks. Therefore, the usage of satellites for communication in transport networks, which includes logistics, will provide adequate growth opportunities for the market.

 

Maritime Satellite Communication Market By End User (Government, Merchant, Leisure Vessels), By Type (Mobile Satellite Service, Very Small Aperture Terminal), By Service (Tracking & Monitoring, Voice, Data, Video), By Application (Perioperative Care, Acute/Critical Care, Intensive Care Units), By Geography, Forecast, 2020-2027

Satellite Modem Market By End-User (Transportation & Logistics, Oil & Gas, Energy & Utilities), By Data Range (Entry-Level Data Rate Modems, Mid-Range Data Rate Modems), By Channel Type (Single Channel Per Carrier Modems, Multiple Channel Per Carrier Modems), By Application (Offshore Communication, Tracking & Monitoring, Mobile & Backhaul), By Geography, Forecast, 2020-2027

Satellite Transponder Market By Service (Leasing, Maintenance & Support), By Applications (Commercial Communications, Government Communications, Navigation), By Geography, Forecast, 2020-2027

Aerospace And Defense Telemetry Market By Type (Radio, Satellite), By Application (Aerospace, Defense), By Geography, Forecast, 2020-2027

Top 7 satellite internet service providers providing high-speed network globally

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