NEW YORK, May 30, 2016 /PRNewswire/ -- Analysis of the Global Commercial Satellite Broadband Market : Ka-Band Drives New Growth Opportunities
The commercial satellite broadband market is growing at a strong pace, with an anticipated compound annual growth rate (CAGR) of 6.8% from 2015 to 2022. With the continued adoption of Ka-band technology throughout the industry, satellite broadband can now meet or exceed many landline networks in performance and quality of service. This report includes analysis of the commercial satellite broadband market and identifies growth opportunities in various regions such as North America, Europe, Asia-Pacific, the Middle East, and Latin America.
-With a compound annual growth rate (CAGR) of %, the global commercial satellite broadband market is continuing to grow at a strong pace because of Ka-band technology, which now rivals many landline connections in bandwidth, depending on location. Thus, satellite broadband is now used as a high-performance alternative to landline technologies, with speeds exceeding megabits per second (mbps).
- The shift toward high-bandwidth applications such as video streaming and interactive content is driving the adoption for satellite broadband in the consumer market. Low bandwidth digital subscriber line (DSL) can often be inadequate for these applications, which continue to grow in popularity, making an alternative technology necessary. Because of its reach, satellite is often the technology of choice in these scenarios.
- By nature, satellite has the largest network footprint worldwide, covering the entire planet with varying frequency bands. Thus, satellite has the potential to reach every person on the planet, making it the ideal choice or often the only choice for rural locations.
- Landline and cellular technologies have a decreasing return on investment (ROI) in terms of expansion to less populated areas. However, satellite's ROI often remains stable in these scenarios as these locations are covered by the same satellite(s) that cover populated locations.
- Satellite broadband, however, is on average more expensive than its landline alternatives, and data caps remain the technology's largest restraint to adoption.
Key Questions this Study will Answer
- What was the revenue for the commercial satellite broadband market in 2015, and how will it grow over the forecast period?
- What are the influencing factors for satellite broadband adoption for each region covered in this research?
- What are the growth rates of each region covered in this research, and how are they growing?
- How are landline technologies impacting the commercial satellite broadband market, and how has this changed over the past 10 years?
- What changing dynamics are driving growth in the commercial satellite broadband market?
- How is the spread of Ka-band technology affecting satellite broadband customers?
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