The emergence of satellite service industry is expected to positively elevate the Fixed Satellite Services (FSS) market over the forecast period. The technology works on bands including C-band, X-band, Ka-band which offers enhanced services on the existing networks.
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Rise in the utilization of transponder leasing agreement offers coherent transmission of data from ground fixed station to end-user location which is projected to drive market growth.
FSS offers high reliability and performance along with cost-effectiveness. It avoids transition chargers along with offering high initiating service speed which is expected to accentuate the FSS market over the forecast period.
Increased spending on voice/ telecom backhaul, broadcast and content delivery, broadband and internet connectivity, military satellite communication along with emergency and business continuity solutions is anticipated to drive the FSS market demand. Additionally, acceleration of DTH TV platforms combined with increase in the number of HDTV channels and broadband subscribers is anticipated to upsurge the growth further.
Increasing demand for consumer broadband and corporate enterprise networks along with demand for high throughput connectivity in oil & gas sector is expected to offer prominent opportunities for market growth.
However, growing competition from fiber-optic transmission cable networks combined with requirement of high capital investment for launching the satellite is projected to act as a challenge for the FSS market.
The FSS market can be segmented on the basis of service type, into trunking and backhaul, broadband and enterprise network, TV channel broadcast, managed FSS, wholesale and other services. The market can be segregated by organization size into large enterprises, small office home office (SOHO) and small and medium business (SMB). The market can be categorized by vertical into government, education, oil & gas, healthcare, logistics, defense & aerospace, IT, entertainment and media.
Growing usage of Ka-band for serving the growing need for government, media and network-users is expected to boost growth opportunities in North America. Ever changing regulatory and competitive landscape along with large customer base is projected to trigger the market in Asia Pacific region.
Key players in the FSS market are Space-Communications, Telenor Satellite Broadcasting, Nigerian Communications Satellites, Eutelsat Communications, Embratel's Star One, Singapore Telecommunication Ltd, SKY Perfect JSAT Holdings, Thaicom Public Company and Telesat Holdings.
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