Satellite Ground Station Equipment Market 2020-2024 | Increasing Investments In HTS Communication to Boost Growth | Technavio

Satellite Ground Station Equipment Market 2020-2024 | Increasing Investments In HTS Communication to Boost Growth | TechnavioThe Associated PressLONDON

LONDON–(BUSINESS WIRE)–Jun 5, 2020–

Technavio has been monitoring the satellite ground station equipment market and it is poised to grow by $ 5.59 billion during 2020-2024, progressing at a CAGR of over 7% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

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Technavio has announced its latest market research report titled Global Satellite Ground Station Equipment Market 2020-2024 (Graphic: Business Wire)

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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Advantech Wireless Technologies Inc., Comtech Telecommunications Corp., EchoStar Corp., Gilat Satellite Networks Ltd., GomSpace Group AB, Norsat International Inc., NovelSat, ST Engineering, Terrasat Communications Inc., and Viasat Inc. are some of the major market participants. Although the increasing investments in HTS communication will offer immense growth opportunities, high initial investments will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Increasing investments in HTS communication has been instrumental in driving the growth of the market. However, high initial investments might hamper the market growth.

Satellite Ground Station Equipment Market 2020-2024 : Segmentation

Satellite Ground Station Equipment Market is segmented as below:

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Satellite Ground Station Equipment Market 2020-2024 : Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our satellite ground station equipment market report covers the following areas:

This study identifies the emergence of mobile ground stations as one of the prime reasons driving the satellite ground station equipment market growth during the next few years.

Satellite Ground Station Equipment Market 2020-2024 : Vendor Analysis

We provide a detailed analysis of around 25 vendors operating in the Satellite Ground Station Equipment Market, including some of the vendors such as Advantech Wireless Technologies Inc., Comtech Telecommunications Corp., EchoStar Corp., Gilat Satellite Networks Ltd., GomSpace Group AB, Norsat International Inc., NovelSat, ST Engineering, Terrasat Communications Inc., and Viasat Inc. Backed with competitive intelligence and benchmarking, our research reports on the Satellite Ground Station Equipment Market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

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Satellite Ground Station Equipment Market 2020-2024 : Key Highlights

Table Of Contents :

Executive Summary

Market Landscape

Market Sizing

Five Forces Analysis

Market Segmentation by Type

Customer landscape

Geographic Landscape

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

Vendor Analysis

Appendix

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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KEYWORD:

INDUSTRY KEYWORD: TECHNOLOGY MOBILE/WIRELESS NETWORKS SATELLITE

SOURCE: Technavio Research

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PUB: 06/05/2020 07:15 PM/DISC: 06/05/2020 07:15 PM

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