India-Sky-Based-Communication-Market

India Sky Based Communication Market to Grow at CAGR of 27% through 2026 | Industry Dynamics and Competitor Breakdown

0 Comment May 8, 2024 Uncategorized

Report Overview:

The following report titled “India Sky Based Communication Market: By Component (Modems, Gateways, Antennas, Transponders, Receivers & Transmitters, Others), By Application (Telecommunication & Data Communication, Broadband, Navigation, Remote Sensing, Broadcasting, Others) and other forecast 2021-2026” provides a comprehensive analysis of the market, focusing on key details such as market size, growth trends, determinants of growth, segments covered, and the role of leading players in the industry.

India Sky Based Communication Market Summary

According to MarkNtel Advisors, 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.

Report Coverage & Details

  • Forecast Period:  2021-2026
  • Base Year: 2020
  • CAGR: 27%

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India Sky Based Communication Market Trend:

In November 2020, India had a sizeable number of 234,357 ATMs. Later on, in 2021, the Reserve Bank of India (RBI) increased the interchange fee and encouraged the white label ATMs & banks to increase the number of cash dispensers, especially across rural areas. As a result, the demand for sky-based communication devices has substantially increased to provide a highly-reliable connection & an uninterrupted flow of information across headquarters, data centers, & bank branches.

Segmentation Analysis: India Sky Based Communication Market

By Application

  • Telecommunication
  • Broadband
  • Navigation
  • Remote Sensing
  • Broadcasting
  • Data Communication
  • Others

By Platforms

  • Satellites
    • By Frequency
      • L & S Band (1-4 GHZ)
      • C & X Band (5-12 GHZ)
      • Ku & Ka Band (13-40 GHZ)
    • UAVs
    • High Altitude Platform Stations

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

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Leading Players Analysis: India Sky Based Communication Market

The report provides detailed analysis of key players in the India Sky Based Communication market, highlighting their strategies and competitive scenario.

  • Inmarsat
  • Viasat, Inc.
  • Intelsat
  • Telesat
  • L3 Technologies, Inc.
  • Thales Group
  • General Dynamics
  • Tata Communincations
  • Nelco Ltd.
  • Hughes Network Systems
  • Antrix Corporation
  • Honeywell Corporation

Note: Should you require specific information beyond the current scope of the report, we are prepared to furnish it as part of our customization services.

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Key Benefits for Stakeholders:

  1. Informed Decision-Making: Access to comprehensive and insightful market research reports enables stakeholders to make well-informed decisions, leading to more strategic and successful initiatives.
  2. Strategic Planning: The strategic reports provided by MarkNtel Advisors empower stakeholders to formulate robust strategies for market entry, product development, and competitive positioning.
  3. Market Sizing & Forecasting: Stakeholders can benefit from accurate market sizing and forecasting data to make informed investment and resource allocation decisions, minimizing risks and maximizing returns.
  4. Competitive Benchmarking: The availability of competitive benchmarking data allows stakeholders to assess their performance against industry peers, identify areas for improvement, and capitalize on strengths.
  5. Identifying Investment Opportunities: Through trend analysis and industry insights, stakeholders can identify attractive investment opportunities and stay ahead in the market for better ROI.

About us

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We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, Saudi Arabia, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.

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