Satellite Technology Feature Article
June 29, 2009
Broadband Satellite Services Predicted to Reach $6.4 Billion by 2015, Study Says
By Jayashree Adkoli, TMCnet Contributor
A recent report by Global Industry Analysts (GIA) indicated that worldwide market for broadband satellite services is expected to grow steadily and reach $6.4 billion by the year 2015.
Currently, terrestrial networks dominate the market for broadband services. In spite of huge growth in capacity, satellite systems do not stand any chance against terrestrial networks, such as fiber optics networks, in terms of capacity offered.
Nevertheless, satellites are more suitable for broadband applications that require provision of services, such as software distribution and multimedia videoconferencing, to multiple sites that are spread geographically, says GIA.
It is evident that satellites are more effective in providing interconnectivity between high-speed networks dispersed widely across various geographic locations. Even potential consumers across the globe are void of access to wire line broadband services due to some reason. Such consumers rely on satellite broadband Internet services.
In addition, the satellite broadband has the capability to extend unique services such as rural telephony, e-distance learning, and telemedicine services. Many governments are now adopting satellite services to reinforce broadband networks in their respective regions, says GIA.
All these advantageous features make the satellite systems more popular – for global coverage, ubiquity of service, and multicasting, with respect to contents and access. In turn, satellite broadband services industry will reserve a huge growth potential in the coming years.
GIA’s report entitled "Broadband Satellite Services: A Global Strategic Business Report" covers major market dynamics, trends, issues, and competition relating to the broadband satellite services market.
According to the report, the number of subscribers and sites for broadband satellite services worldwide is expected to surpass the 3 million mark by 2010. It is predicted that North America will dominate the global broadband satellite services in the market, even in terms of revenues, while Europe is expected to post the fastest compounded annual growth rate (CAGR) over the period 2006-2015.
Some of the key players dominating the global broadband satellite services market according to GIA are Asia Satellite Telecommunications Company Limited, Eutelsat Communications, Globecomm Systems Inc., Hughes Network Systems (News - Alert) LLC, Intelsat Ltd., KT Corporation, Loral Space & Communications Inc., Telesat Canada, Optus, Skyway.Net, SKY Perfect JSAT Holdings Inc., Spacenet Inc., Tachyon Networks Inc., Thaicom Public Company Limited, ViaSat (News - Alert) Inc., and WildBlue Communications Inc. and more.
GIA’s report also covers recent developments, mergers, acquisitions and other strategic industry activities. In addition, the report also analyzes market data and provides analytics in terms of number of subscribers & sites, and dollar sales over the time period 2006-2015. The analysis covers established and emerging markets such as North America, Europe, Asia-Pacific, Latin America and some other parts of the globe.
GIA is a market research firm that provides company reports, market trend reports, and industry reports encompassing all major industries across the globe.
Jayashree Adkoli is a contributing editor for TMCnet. To read more of Jayashree's articles, please visit her columnist page.
Edited by Tim Gray
