Space Based Broadband Internet Market Current and Future Growth By 2031

The report provides information on the futuristic trends, the supply chain analysis of the market, and the classification of the global space-based broadband internet market based on applications, products, and regions. The report contains the business dynamics of the market, such as the drivers, challenges, opportunities for the companies, along with the business and corporate strategies followed by the key companies.

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The report also explains the roles of the key market players in the global space-based broadband internet market. The country-wise analysis of the market covering the key countries in every region, namely the U.S., Canada, U.K. Germany, France, the U.K., China, Japan, and India, among others, has been provided in this report.

Space-based broadband internet is the internet service provided utilizing communication satellites. The latest consumer-grade satellite internet service is provided to individual users through low Earth orbit (LEO), medium Earth orbit (MEO), and geostationary Earth orbit (GEO) that offer relatively higher speeds with the help of new satellites using Ku and Ka bands. Moreover, satellite internet constellations are being developed and launched to the LEO to enable low-latency connections from space.

Ever since the Syncom3 GEO satellite was launched by NASA and Hughes Aircraft in August 1963, there have been significant developments in the space-based broadband internet market. The later generations of communication satellites demonstrated improved performance characteristics and larger capacities to provide telecommunication services for both government and commercial end users. The major breakthrough was the invention of the internet and the world wide web that has led to the use of geostationary satellites as a potential means to provide internet access. Since then, several companies have demonstrated the use of space-based broadband internet services using high throughput satellites. But SES S.A.’s O3b constellation was the first satellite constellation program launched into MEO to provide internet access.

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The two-way satellite-only communication technology is a gamechanger for home and consumer-grade service that involves receiving and transmitting data via very small aperture terminal (VSAT) satellite to a telecommunication port (teleport) hub that relays data through terrestrial internet. The modems required for such services are often proprietary and hence expensive compared to other conventional modems.

The major concern for satellite constellation is that the technology required to retrieve or repair the satellites in orbit is still in very early stages. This has raised concerns by several environmentalists as well because if there is an unresponsive satellite orbiting freely in space, it might lead to more space debris.