MarkNtel Advisors recently published a detailed industry analysis of the India Sky Based Communication Market. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.
India Sky Based Communication Market, Share, and Trends Analysis Report – Industry Overview and Forecast to 2026
The India Sky Based Communication Market is projected to grow at a CAGR of around 27% during 2021-26. The market is driven primarily by the rapid adoption of technologies like Artificial Intelligence (AI) & the Internet of Things (IoT) in satellite communication, the increasing number of satellite launches for communication, and the escalating demand for services like maritime broadband, inflight connectivity, etc.
What are the major Driver the India Sky Based Communication Market?
Government Investments & Collaborations in Sky-Based Communication Systems to Drive the Market– Substantial investments by the Indian government in Sky-Based Communication Systems entwined with various initiatives cited below are driving the market through 2026:
- The BharatNet project by Bharat Broadband Nigam Limited (BBNL) provides high-speed broadband access to rural citizens and institutions of all the Gram Panchayats in India at affordable prices.
- In 2020, the government selected Hughes India to connect remotely-located panchayats with satellite broadband. The project entails connecting village panchayats across the Naxal-affected states like Chhattisgarh & Jharkhand.
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What segments define the India Sky Based Communication Market from 2021 to 2026? How do these segments contribute to market dynamics and growth?
Application
- Telecommunication
- Broadband
- Navigation
- Remote Sensing
- Broadcasting
- Data Communication
- Others
According to report, Of them all, the Telecommunication & Data Communication application dominates the market with around 45% market share. It owes principally to the mounting affordability & availability of 4G entwined with the growing number of voice communication solutions due to the surging number of consumers.
By Platforms
- Satellites
- By Frequency
- L & S Band (1-4 GHZ)
- C & X Band (5-12 GHZ)
- Ku & Ka Band (13-40 GHZ)
- By Frequency
- UAVs
- High Altitude Platform Stations
According to report, Satellites lead the market with the largest share, and the same trend is expected in the coming years. It owes to the burgeoning need for a robust & established communication network to provide high internet connectivity, extensive accessibility, and lower latency to the exponentially rising population of India.
By Components
- Modems
- Gateways
- Antennas
- Transponders
- Receivers & Transmitters
- Others
By End Users
- Mobility
- Maritime
- Aerospace & Defence
- Transportation & Logistics
- Government & Public Safety
- Others
- Non-Mobility
- Industrial
- Media & Telecom
- Agriculture
- Others
According to report, Amongst Non-Mobility, Media & Telecom acquired more than 50% market share, mainly due to the rapidly expanding media & entertainment sector of the country & the extensive application of sky-based communication across the telecom sector to relay digital signals carrying audio, video, and other data across different locations.
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India Sky Based Communication Market Share & Competitive Landscape:
The India Sky Based Communication Market is characterized by intense competition, with several key players driving growth through innovation, market expansion, and strategic investments. The competitive landscape provides valuable insights into the industry’s leading companies, highlighting their strengths, financial performance, and market influence.
Leading Companies in the India Sky Based Communication Market are:
- Inmarsat
- Viasat, Inc.
- Intelsat
- Telesat
- L3 Technologies, Inc.
- Thales Group
- General Dynamics
- Tata Communincations
- Nelco Ltd.
- Hughes Network Systems
- Antrix Corporation
- Honeywell Corporation
Questions Addressed in this Study
1.What factors are driving the India Sky Based Communication Market growth?
2.How is the India Sky Based Communication Market expected to grow over the next five years?
3.What are the key insights into the current trends in the India Sky Based Communication Market?
4.What is the current size of the India Sky Based Communication Market, and how is it projected to change in the future?
6.What is the future outlook for the India Sky Based Communication Market in terms of technological advancements and market expansion?
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Our specialization in niche industries informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
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