A satellite is a type of communication device that uses a transponder to send messages from one location on Earth to another. It can function in temperatures between -150 and 150 degrees Celsius in space. Numerous government and commercial uses for it include telemedicine, in-flight entertainment, asset tracking, monitoring, and remote voice and data services. Satellite communication is essential to the media and communication industries. Numerous market participants, including satellite makers, satellite launchers, satellite operators, satellite service providers, ground network providers, and end users, are part of the value chain of the satellite communication industry.
According to SPER market research, ‘United Kingdom Satellite Communications Market Size- By Type, By Platform, By End User- Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ state that the United Kingdom Satellite Communications Market is predicted to reach USD 9.62 billion by 2033 with CAGR of 14.45%.
The trend of satellite communication has significantly increased due to the overuse of it for information transfer and military personnel-to-military communication. It also helps with tracking satellite assets and remote sensing. For instance, life safety at sea has grown in importance within the defence sector. Governments around the world are investing money in communication technologies including navigational aids and vessel tracking. The advancement of marine security is contingent upon the United Kingdom’s government, as the maritime sector plays a crucial role in the region’s economic growth. Due to the security and ubiquity of satellite communication systems, there has been a discernible increase in interest in them. Moreover, a steady increase in worldwide military/defense budget throughout the years has helped military satellite communication services proliferate.
However, because satellite communication is so sensitive and important to mission success, cybersecurity is a major concern. Cybersecurity risks could have detrimental effects on the entire satellite launch process, data transmission, and mission fulfilment. The risk is increased by critical weaknesses that affect launch systems, communication channels, telemetry, tracking, and command operations. The widespread adoption of satellite technology is hindered by the significant dependence on safe cyber capabilities for the course of the satellite’s lifetime. Strong cybersecurity measures are critically needed to protect against potential disruptions and guarantee the integrity of satellite operations, as demonstrated by the vulnerability of satellite communication systems to cyber assaults.
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Furthermore, the commercial satellite industry has played a critical role in controlling the COVID-19 outbreak, according to the Satellite Business Association. The demand for satellite communication has grown as a result of its many applications in providing voice, data, and broadcast communications solutions, as well as navigation, earth observation, remote sensing, and other specialised services necessary for businesses, government clients, and consumers both domestically and internationally. International space agencies, such as NASA, have drawn attention to the COVID-19’s worldwide effects by using communication satellites.
Additionally, some of the market key players are Avanti Communications, Earth-I, Inmarsat Plc. Isotropic Systems, L3Harris Technologies Inc., Tariam, ViaSat Inc, Others.
United Kingdom Satellite Communications Market Key Segments Covered
The SPER Market Research report seeks to give market dynamics, demand, and supply forecasts for the years up to 2033. This report contains statistics on product type segment growth estimates and forecasts.
By Type: Based on the Type, United Kingdom Satellite Communications Market is segmented as; Ground Equipment, Services.
By Platform: Based on the Platform, United Kingdom Satellite Communications Market is segmented as; Airborne, Land, Maritime, Portable.
By End User: Based on the End User, United Kingdom Satellite Communications Market is segmented as; Defense and Government, Enterprises, Maritime, Media and Entertainment, Other End-user Verticals.
By Region: This research also includes data for Central Region, Northern Region, Southern Region.
For More Information, refer to below link:-
United Kingdom Satellite Communications Market Outlook
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