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Satellite-based Narrow-band Communication Market: Introduction

  • Satellite-based narrow-band communication is communication among any two communication earth stations via satellite. Electromagnetic waves are used as carrier signals. Such signals carry information viz, audio, voice, or any data between space and ground and vice-versa. Satellites are mainly used for communication purposes. Satellite-based narrow-band communication have several applications, such as voice communications and radio broadcasting, remote sensing, internet application and navigation, weather monitoring, and water monitoring. Satellite-based narrow-band communication is an exchange of space information between two or more entities, carried out by a medium or channel. Satellite-based narrow-band communication’s main functionality is sending, receiving, and processing data.
  • The COVID-19 pandemic had a negative impact on the global satellite-based narrow-band communication market due to the disturbance in the supply chain of vital raw materials. The pandemic has led to numerous challenges for the satellite industry such as logistics challenges, non-availability of materials, and reduced production. Aviation, communication, and maritime are most severely affected by the pandemic and witnessed a decline in investments. While many challenges lie ahead, the Covid-19 pandemic accelerated some positive developments for the satellite-based narrow-band communication market. For instance, countries such as China used satellite-based narrow-band communication services for the identification of demographics of susceptible and highly infectious COVID-19 zones by connecting the database of local geographic information and COVID-19 infected individuals. The cumulative rate of COVID-19 vaccination across the globe is anticipated to lessen the pandemic’s impact on the global satellite-based narrow-band communication market.
satellite based narrow band communication market size and forecast

Global Satellite-based Narrow-band Communication Market: Dynamics

Global Satellite-based Narrow-band Communication Market: Key Drivers

  • The rising demand for maritime satellite communication is set to contribute to the growth of the satellite-based narrow-band communication market. The growing anxiety about safety of people at the borders is creating a dire need for communication. This is set to impact the development of the satellite-based narrow-band communication market. For instance, in April 2019, Orbcomm, Inc., a provider of machine-to-machine, Internet of Things (IoT) communications solutions, entered into partnership with Kordia Group, a provider of broadcast, end-to-end telecommunications, and infrastructure service, to provide satellite AIS (Automatic Identification System) data used for specific maritime projects and ship tracking.
  • Furthermore, growing demand for 5G and increasing investments for infrastructure development is expected to fuel the satellite-based narrow-band communication market. On the other hand, the deployment of 5G entails high bandwidth, resulting in the launch of satellites, thus contributing to the growth of the satellite-based narrow-band communication market. For instance, SpaceX has launched 12,000 Starlink internet satellites. The launch of such satellites is expected to drive the satellite-based narrow-band communication market.

North America to Account for Major Share of the Global Satellite-based Narrow-band Communication Market

  • In terms of region, the global satellite-based narrow-band communication market can be divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America
  • The satellite-based narrow-band communication market is expected to be dominated by North America. The growth of revenue share in the North America market is attributed to the increasing demand for continuous communication by the defense industry and growing demand for SATCOM equipment by the U.S. defense department. Moreover, the existence of a large number of SATCOM providers such as EchoStar Corporation, Telesat, Inc. and Viasat, Inc. is driving the growth of the satellite-based narrow-band communication market. Besides, the North America market is anticipated to grow due to the strengthening of military communication infrastructure.
  • The APAC satellite-based narrow-band market is anticipated to grow as compared to the other regions in the market due to escalating use of satellite antennas in the automobile, aerospace, IT, and telecommunication industries. Europe is estimated to witness the second highest growth in the satellite-based narrow-band communication market due to invention of infrastructure and rising passenger traffic in marine and coastal tourism.
satellite based narrow band communication market region analysis

Global Satellite-based Narrow-band Communication Market: Competitive Landscape

Key Players Operating in the Global Satellite-based Narrow-band Communication Market

Providers of satellite-based narrow-band communication are implementing development strategies to enhance their presence and consolidate their share in the market. Satellite-based narrow-band communication providers have adopted major growth strategies such as product launches, partnerships & acquisitions, and forming regional and global distribution networks in order to increase their presence in the market.

Key players operating in the global satellite-based narrow-band communication market include:

  • SES S.A.
  • Viasat, Inc.
  • Intelsat Corporation
  • Telesat
  • EchoStar Corporation
  • L3 Technologies, Inc.
  • Thuraya Telecommunications Company
  • SKY Perfect JSAT Group
  • Gilat Satellite Networks
  • Cobham Limited
satellite based narrow band communication market size by competition landscape

Global Satellite-based Narrow-band Communication Market: Research Scope

Global Satellite-based Narrow-band Communication Market, by Component

  • Receiver
  • Transmitter/Transponder
  • Transceiver
  • Antenna
  • Others

Global Satellite-based Narrow-band Communication Market, by Technology

  • SATCOM Automatic Identification System
  • SATCOM-On-The-Move
  • SATCOM-On-The-Pause
  • SATCOM Telemetry

Global Satellite-based Narrow-band Communication Market, by End-user

  • Commercial
  • Government and Defense

Global Satellite-based Narrow-band Communication Market, by Region

  • North America
    • U.S.
    • Mexico
    • Canada
  • Europe
    • Germany
    • France
    • Spain
    • Italy
    • U.K.
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • ASEAN
    • Rest of Asia Pacific
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of MEA
  • South America
    • Brazil
    • Argentina
    • Rest of South America

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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Satellite Based Narrow Band Communication Market