ALBANY, New York, March 20, 2017 – The global fixed satellite service (FSS) market has been envisaged to ride on the surging trend of ground station ownership and sale of end-to-end services more than transponder capacity. MarketResearchReports.biz has lately announced the inclusion of a report titled, “Global Fixed Satellite Service Market 2016-2020,” which marks the market to grow at a CAGR close to 6.0% between 2016 and 2020. FSS is one of the popular and fastest growing segments in the satellite service industry which also finds comprehensive application in fulfilling the bandwidth requirements of the military sector.
The soaring demand for high-throughput satellite (HTS) is another factor which has been prognosticated to forward the growth of the global FSS market. However, the international market could suffer a kickback in growth as FSS setup requires high initial investment. Players in the market, nevertheless, are expected to enter into strategic collaborations to meet their financial requirements and ensure an organic growth in the FSS industry.
With a view to fortify their network coverage, Telesat, SES, Intelsat, and other leading players in the market could count on the adoption of merger and acquisition strategy. Well-established players are deemed to be more interested in running their own satellites and leasing out their transponder capacity to military and government organizations, the Internet service providers, video and content providers, radio broadcasters, and television channel broadcasters.
Amongst the two types of FSS, i.e. managed and wholesale services, the latter have been envisioned by the analysts to secure a massive share in the global FSS market. The ballooning demand for video content, global 3G and 4G network deployment, heightened mobile data usage, and significant adoption of broadband offerings have furthered the advancement of the major segments of wholesale FSS. Of these include, military satellite communication, broadband services, telecom backhaul, video and content distribution, and television channel broadcast.
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Europe, the Middle East, and Africa has been prophesied to outsmart other key regions of the international FSS market in respect of the elevating adoption of Ka-band in order to satisfy the ever-growing requirements of small and medium sized and government enterprises. The application of satellites and HDTV in military and media and entertainment sectors has augmented in the Middle East. As a result, the penetration of HD channels and broadband services has become easier in the region. The U.K., Finland, Sweden, Norway, and other Western European nations are witnessing the dominance of FSS.
Major players are relying on new business models to strengthen their position in the global FSS market. These models include value-added services such as data multicasting, very small aperture terminal (VSAT) enabled private network, teleports, and uplink services, which can enhance the experience of customers. Embratel Star One, Eutelsat Communications, and SKY Perfect JSAT are some of the other prominent companies in the market.
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