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MarkNtel Advisors' meticulous research report offers a comprehensive compilation of data, providing a deep dive into the factors shaping the dynamics of the Global Sky Based Communication Market. The analysis encompasses a thorough examination of the industry, considering crucial parameters such as drivers, restraints, opportunities, challenges, key trends, and recent developments.
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Market Insights The Global Sky Based Communication Market is projected to grow at a CAGR of around 28% during the forecast period, i.e., 2021-26, says MarkNtel Advisors. The market growth attributes primarily to the growing need of the rapidly expanding aerospace & defense sectors worldwide to attain secure communication lines with timely data transmission using digital mediums. Besides, the increasing number of satellite launches for communication and the mounting need for uninterrupted communication in military & defense applications are other crucial aspects that shall soar the demand for sky-based communication systems in the forecast period.
Growth Restraints Increasing Number of Satellites Launches Posing Vulnerabilities to Security Threats The swiftly rising number of satellite launches worldwide to procure uninterrupted & continuous connectivity might cause interference in data transmission through satellites. Besides, Satellite systems are accountable for bandwidth communication globally and are prone to risks like exploitation by cybercriminals. Hence, these factors might act as growth restraints to the Global Sky-Based Communication Market over the forecast years.
Market Segments • By Application (Telecommunication, Broadband, Navigation, Remote Sensing, Broadcasting, Data communications, Others), By Platform (Satellites, By Frequency (L & S Band (1-4 GHz), C& X Band (5-12 GHz), Ku & Ka-Band (13-40 GHz)), UAVs, High Altitude Platform Stations), By Components (Modems, Gateways, Antennas, Transponders, Receivers & Transmitters, Others), By End-User (Maritime, Aerospace & Defence, Industrial, Transportation & Logistics, Media, Government & Public Safety, Agriculture, Others)
Top Companies • SES S.A. • Honeywell Corporation • Viasat, Inc. • Intelsat • Telesat • EchoStar Corporation • L3 Technologies, Inc. • Thuraya Telecommunications Company • SKY Perfect JSAT Group • GILAT SATELLITE NETWORKS • Cobham Limited • Thales Group • General Dynamics
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