The global fixed satellite services (FSS) market reached a value of US$ 21.7 Billion in 2020. Fixed satellite services, also known as FSS, are radiocommunication services used between different earth stations. These satellite services use the VSAT technology for sending and receiving telephone calls and television signals for broadcasting. They offer low power output and have large dish-style antennas for better service reception. As FSS systems provide services to numerous users simultaneously, they are placed strategically for covering a vast area to allow users to communicate while traveling, without losing signals. As a result, governments, military organizations, as well as small and large business firms across the globe, use these systems. Looking forward, IMARC Group expects the global fixed satellite services (FSS) market to exhibit a moderate growth during 2021-2026.

Market Drivers:

On account of inflating income levels and rising sales of smartphones, high-speed internet has become one of the necessities for communication. As a result, the demand for broadband has increased significantly in recent years which, in turn, is impelling the growth of the global fixed satellite services market.
Owing to a rise in the adoption of HDTV channels and emerging DTH TV platforms, there has been an escalation in the overall demand for fixed satellite services across the globe.
Increasing expenditure on military satellite communication; telecom backhaul, content and broadcast delivery; and enterprise and broadband connectivity is anticipated to drive the demand for fixed satellite services during the forecast period.
There has been a rise in the demand for high-throughput connectivity and corporate enterprise networks in the oil and gas industry. This has provided several growth opportunities to the major players operating in the global FSS market

Report Coverage:

Historical, Current and Future Market Trends

Market Breakup by Service:
TV Channel Broadcast
Telecom Backhaul
Broadband Services
Content and Video Distribution
Military Satellite Communication

Market Breakup by Organization Size:
Small Offices and Home Offices (SOHO)
Small and Medium Businesses (SMB)
Large Enterprises

Market Breakup by End-User:
Media and Entertainment
Education
Government
IT and Communications
Retail
Oil and Gas
Aerospace and Defense
Others

Market Breakup by Region:
Asia Pacific
Europe
North America
Middle East and Africa
Latin America

Competitive Landscape:

The report has also analysed the competitive landscape of the market with some of the key players being Embratel Star One, Eutelsat Communications, Telesat Holdings, SKY Perfect JSAT Holdings, Thaicom Public Company Ltd, Nigerian Communications Satellites Ltd, Telenor Satellite Broadcasting, Singapore Telecommunications Ltd (Singtel), SES S.A, Arabsat, Hispasat, Intelsat S.A, etc.

Key questions answered in this report:

How has the global fixed satellite services market performed so far and how will it perform in the coming years?
What are the key regional markets in the global fixed satellite services industry?
What has been the impact of COVID-19 on the global fixed satellite services industry?
What is the breakup of the market based on the services?
What is the breakup of the market based on the organization size?
What is the breakup of the market based on the end-user?
What are the various stages in the value chain of the global fixed satellite services industry?
What are the key driving factors and challenges in the global fixed satellite services industry?
What is the structure of the global fixed satellite services industry and who are the key players?
What is the degree of competition in the global fixed satellite services industry?
What are the profit margins in the global fixed satellite services industry?