Big Data as a Service Market Report 2022-2027, Industry Share, Size, Growth, Trends and Opportunities
Big Data as a Service Market Report 2022-2027, Industry Share, Size, Growth, Trends and Opportunities
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According to the latest report by IMARC Group, titled “Satellite Transponder Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global satellite transponder market reached a value of US$ 19.5 Billion in 2020. Looking forward, IMARC Group expects the market to reach a value of US$ 25.0 Billion by 2026.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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A satellite transponder is a wireless device that is utilized to receive and transmit radio signals at a prescribed frequency range. The device comprises a series of interconnected units that are used for communication between receiving and transmitting antennas. It receives a signal which it then broadcasts at a different frequency, which forms an essential component of various navigation and identification of various systems. Since the application of a transponder in a communications satellite ensures accurate and reliable transmission services, despite geographical limitations, it is gaining widespread preference across military, government and commercial organizations.
Global Satellite Transponder Market Trends:
The global market is primarily driven by the growing adoption rates of direct to home (DTH) television sets. In addition to this, the escalating demand for High Definition Television (HDTV) sets, along with improving living standards, rapid urbanization and inflating per capita income levels, is expected to provide a thrust to the market growth. Moreover, the rising demand for intercontinental transmission in both the developed and developing economies and the emergence of new television platforms are also contributing to the market growth. Apart from this, favorable initiatives taken by several regulatory authorities across the globe are creating growth opportunities for the players. For instance, the Telecom Regulatory Authority of India (TRAI) has implemented the new tariff order (NTO), a regulatory framework for the television broadcast industry, which has aided in streamlining the industry and contributed to the market growth of satellite transponder. Furthermore, the increasing demand for transponders from the maritime and airborne services are projected to facilitate the market growth.
Satellite Transponder Market 2021-2026 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the satellite transponder market has been studied in the report with the detailed profiles of the key players operating in the market.
Key Market Segmentation:
The report has segmented the satellite transponder market on the basis of bandwidth, service, application and region.
Breakup by Bandwidth:
Breakup by Service:
Breakup by Application:
Breakup by Region:
Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/satellite-transponder-market
Key highlights of the report:
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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