- Demodulator
- Modulator
- Receiver
- Transmitter
The Optical Satellite Communication Market size valued USD 512 million in 2022 and expected to reach USD 1,042.6 million by 2029, at a CAGR of 12.9% from 2023-2029. Factors which are propelling the market are rapid technological advancements in machine to machine communication & internet of things, growing research and development activities, introduction of 5G mobile networks which requires huge data transfer is increasing the demand for optical satellite communication. However, over-crowding of bandwidth is restricting the market growth. This report studies market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, global optical satellite communication market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product opportunities).
Global Optical Satellite Communication Market Summary
Study Period
2024-2030
Base Year
2023
CAGR
12.9%
Largest Market
Asia-Pacific
Fastest Growing Market
North America
Optical Satellite Communication Market Dynamics
Constant research and improvement in optical satellite communication made an achievement in satellite communication information transmission innovation. For example, Space Applications Centre (SAC), is a major research and development centre of ISRO. The centre lies in development of space borne and air borne instruments / payloads and their applications for national development and societal benefits. Besides these, the centre also contributes significantly in scientific and planetary missions of ISRO like Chandrayaan-2, Mars Orbiter Mission, etc. The communication transponders developed at this Centre for the Indian National Satellite (INSAT) and Geosynchronous Satellite (GSAT) series of satellites are used by government and private sector for VSAT, DTH, Internet, broadcasting, telephony services, etc.
Asia-Pacific got significant share
Optical Satellite Communication Market
Asia Pacific accounted for larger revenue share in global optical satellite communication market with considerable CAGR. XX. This region is one of the key markets for optical satellite communication. The growth of this region can be attributed to huge number of initiatives provided by various government agencies. In addition, the demand for this market is also growing in countries such as U.S and Canada owing to huge spending made by North American government in space ventures.
Latin America
Europe
Asia Pacific
Middle East
North America
Key Features of the Reports
- The report provides granular level information about the market size, regional market share, historic market (2018-2022) and forecast (2023-2029)
- The report covers in-detail insights about the competitor's overview, company share analysis, key market developments, and their key strategies
- The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
- The report tracks recent innovations, key developments and startup's details that are actively working in the market
- The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
- The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter's Five Force Analysis in addition to recent technology advancements and innovations in the market
Global Optical Satellite Communication Market Segmentation
By Component
By Application
- Tracking and Monitoring
- Telecommunication
- Surveillance and Security
- Research and Space Exploration
- Last Mile Access
- Enterprise Connectivity
- Earth Observation
- Backhaul
By Geography
- North America,
- Europe,
- Asia Pacific,
- Latin America and
- Middle East and Africa
Frequently Asked Questions
2022 is the base year and 2029 is the forecast year.
The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).
In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.
Optical Satellite Communication Market size valued USD 512 million in 2022 and expected to reach USD 1,042.6 million by 2029, at a CAGR of 12.9% from 2023-2029.
Table of Content
- Executive Summary
- Global Optical Satellite Communication Market Introduction
- Global Optical Satellite Communication Market - Taxonomy
- Global Optical Satellite Communication Market - Definitions
- Component
- Application
- Global Optical Satellite Communication Market Dynamics
- Drivers
- Restraints
- Opportunities/Unmet Needs of the Market
- Trends
- Global Optical Satellite Communication Market Dynamic Factors - Impact Analysis
- Global Optical Satellite Communication Market - Competition Landscape
- Global Optical Satellite Communication Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%)
- Market Opportunity Analysis
- Global Optical Satellite Communication Market, By Component, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Demodulator
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Modulator
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Receiver
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Transmitter
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Demodulator
- Global Optical Satellite Communication Market, By Application, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Tracking and Monitoring
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Telecommunication
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Surveillance and Security
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Research and Space Exploration
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Last Mile Access
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Enterprise Connectivity
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Earth Observation
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Backhaul
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Tracking and Monitoring
- Global Optical Satellite Communication Market Forecast, By Region, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- North America
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Europe
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Asia-Pacific
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Latin America
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Middle East and Africa
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Global Optical Satellite Communication Market - Opportunity Analysis Index, By Component, Application and Region, 2023 - 2029
- North America
- North America Optical Satellite Communication Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Component Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
- Demodulator
- Modulator
- Receiver
- Transmitter
- Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
- Tracking and Monitoring
- Telecommunication
- Surveillance and Security
- Research and Space Exploration
- Last Mile Access
- Enterprise Connectivity
- Earth Observation
- Backhaul
- Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
- US.
- Canada
- North America Optical Satellite Communication Market - Opportunity Analysis Index, By Component, Application and Country, 2023 - 2029
- North America Optical Satellite Communication Market Dynamics - Trends
- Component Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
- Europe Optical Satellite Communication Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Component Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
- Demodulator
- Modulator
- Receiver
- Transmitter
- Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
- Tracking and Monitoring
- Telecommunication
- Surveillance and Security
- Research and Space Exploration
- Last Mile Access
- Enterprise Connectivity
- Earth Observation
- Backhaul
- Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
- Germany
- UK
- France
- Spain
- Italy
- Russia
- Poland
- Rest of Europe
- Europe Optical Satellite Communication Market - Opportunity Analysis Index, By Component, Application and Country, 2023 - 2029
- Europe Optical Satellite Communication Market Dynamics - Trends
- Component Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
- Asia-Pacific Optical Satellite Communication Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Component Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
- Demodulator
- Modulator
- Receiver
- Transmitter
- Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
- Tracking and Monitoring
- Telecommunication
- Surveillance and Security
- Research and Space Exploration
- Last Mile Access
- Enterprise Connectivity
- Earth Observation
- Backhaul
- Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
- Japan
- China
- India
- ASEAN
- Australia & New Zealand
- Rest of Asia-Pacific
- Asia-Pacific Optical Satellite Communication Market - Opportunity Analysis Index, By Component, Application and Country, 2023 - 2029
- Asia-Pacific Optical Satellite Communication Market Dynamics - Trends
- Component Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
- Latin America Optical Satellite Communication Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Component Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
- Demodulator
- Modulator
- Receiver
- Transmitter
- Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
- Tracking and Monitoring
- Telecommunication
- Surveillance and Security
- Research and Space Exploration
- Last Mile Access
- Enterprise Connectivity
- Earth Observation
- Backhaul
- Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Latin America Optical Satellite Communication Market - Opportunity Analysis Index, By Component, Application and Country, 2023 - 2029
- Latin America Optical Satellite Communication Market Dynamics - Trends
- Component Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
- Middle East and Africa Optical Satellite Communication Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Component Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
- Demodulator
- Modulator
- Receiver
- Transmitter
- Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
- Tracking and Monitoring
- Telecommunication
- Surveillance and Security
- Research and Space Exploration
- Last Mile Access
- Enterprise Connectivity
- Earth Observation
- Backhaul
- Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
- Gulf Cooperation Council (GCC) Countries
- Israel
- South Africa
- Rest of MEA
- MEA Optical Satellite Communication Market - Opportunity Analysis Index, By Component, Application and Country, 2023 - 2029
- MEA Optical Satellite Communication Market Dynamics - Trends
- Component Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
- Competition Landscape
- Strategic Dashboard of Top Market Players
- Company Profiles (Introduction, Financial Analysis, Component & Service Offerings, Key Developments, Strategies, and SWOT Analysis)
- ATLAS Space Operations, Inc.
- BridgeSat Inc.
- HisdesatServiciosEstrategicos S.A.
- Analytical Space Inc.
- Maxar Technologies Ltd.
- Mitsubishi Electric Corporation
- SITAEL S.p.A
- Ball Aerospace & Technologies Corp.
- Laser Light Communications Inc.
- Mynaric AG
- Research Methodology
- Key Assumptions and Acronyms
- ATLAS Space Operations, Inc.
- BridgeSat Inc.
- HisdesatServiciosEstrategicos S.A.
- Analytical Space Inc.
- Maxar Technologies Ltd.
- Mitsubishi Electric Corporation
- SITAEL S.p.A
- Ball Aerospace & Technologies Corp.
- Laser Light Communications Inc.
- Mynaric AG