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Satellite-based Narrow-band Communication Market

Satellite-based Narrow-band Communication Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2021-2031

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 VSAT
  • 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
Satellite-based Narrow-band Communication Market

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