With Market Size Valued at $28.5 Billion by 2026, it`s a Healthy Outlook for the Global Fixed Satellite Services (FSS) Market

SAN FRANCISCO , June 27, 2022 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Fixed Satellite Services (FSS) - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.

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What's New for 2022?

• Global competitiveness and key competitor percentage market shares
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Edition: 6; Released: January 2022
Executive Pool: 486
Companies: 46 - Players covered include Arabsat; Embratel Star One; Eutelsat Communications; Hispasat; Intelsat SA; Ses S.A.; Singapore Telecommunications Ltd. (SingTel); SKY Perfect JSAT Corporation; Telenor Satellite AS; Telesat; THAICOM Public Company Ltd. and Others.
Coverage: All major geographies and key segments
Segments: End-Use (Media & Entertainment, IT & Communications, Aerospace & Defense, Other End-Uses); Services (Broadband & Enterprise Network, TV Channel Broadcast, Video Support & Delivery, Trunking & Backhaul, Managed FSS, Wholesale FSS, Other Services)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.

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ABSTRACT-

Global Fixed Satellite Services (FSS) Market to Reach $28.5 Billion by 2026
Amid the COVID-19 crisis, the global market for Fixed Satellite Services (FSS) estimated at US$20.9 Billion, is projected to reach a revised size of US$28.5 Billion by 2026, growing at a CAGR of 5.3% over the analysis period. Broadband & Enterprise Network, one of the segments analyzed in the report, is projected to record a 5.4% CAGR and reach US$2.9 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the TV Channel Broadcast segment is readjusted to a revised 6.2% CAGR for the next 7-year period.

The U.S. Market is Estimated at $6.6 Billion in 2021, While China is Forecast to Reach $5 Billion by 2026
The Fixed Satellite Services (FSS) market in the U.S. is estimated at US$6.6 Billion in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$5 Billion by the year 2026 trailing a CAGR of 4.9% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.9% and 4.4% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 4.8% CAGR.

Video Support & Delivery Segment to Reach US$4.2 Billion by the year 2026
In the global Video Support & Delivery segment, USA, Canada, Japan, China and Europe will drive the 4.8% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$2.5 Billion will reach a projected size of US$3.5 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. More

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About Global Industry Analysts, Inc. & StrategyRtm
Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.

CONTACTS:
Zak Ali
Director, Corporate Communications
Global Industry Analysts, Inc.
Phone: 1-408-528-9966
www.StrategyR.com
Email: [email protected]

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SOURCE Global Industry Analysts, Inc.