Title: Early impacts of COVID 19 on Small Satellite Services Market
1- We salute industry experts helping companies
survive and sustain in this economic pandemic
they are working day and night to help companies
take rapid-decisions by finding - Covid Impact on Small Satellite Services Market,
growth/decline in product - type/use cases of
Small Service due to
Satellite Market cascaded
impact of Covid 19 on Extended
companies
Small Services
Satellite Market
are making rapid
- shifts in their strategies as we speak here.
- Outside-in view of top 50 companies client and
client's clients shifting short- term
priorities. - Speak to Our Analyst to analyse how COVID-19 is
impacting your clients and your - clients clients. (CTA)
- According to the new research report "Small
Satellite Services Market by Platform (CubeSat,
Nanosatellite, Microsatellite, Minisatellite),
Vertical (Government Military, Non-Profit
Organizations, Commercial), Application (Remote
Sensing, Communication), and Region - Global
Forecast to 2022", The small satellite services
market is projected to grow from an estimated
USD 14.88 Billion in 2017 to USD - 53.22 Billion by 2022, at a CAGR of 29.03 during
the forecast period. Key factors, - such as increasing demand for earth observation
and satellite broadband services, and satellite
miniaturization technology are expected to fuel
the growth of the small satellite services
market. - Based on platform, the minisatellite (101-500kg)
segment is expected to lead the small satellite
services market during the forecast period - Based on platform, the minisatellite (101500 kg)
segment is estimated to account for the largest
share of the small satellite services market in
2017 due to the increasing demand for services,
such as remote sensing, disaster management,
military intelligence, telecommunications, and
other academic services globally. - Based on vertical, the commercial segment is
projected to lead the small satellite services
market during the forecast period - Based on vertical, the commercial segment is
projected to lead the small satellite services
market during the forecast period. Small
satellites have computational and
2communication capabilities, along with
competencies in making decisions about the time
the particular data is required to be sent. North
America is estimated to account for the largest
share of the small satellite services market in
2017 North America is estimated to lead the small
satellite services market in 2017. Increasing
interest in small satellites due to their low
cost, advanced mechanics, and ease of assembly
and launch has led to a rise in venture
capital-backed funding for small satellites in
the region and is thus leading to the increasing
scope for satellite services. The small
satellite services market in the North American
region is expected to witness high growth during
the forecast period. Key Market Players Singapore
Telecommunications Limited (Singapore), Eutelsat
Communications S.A. (France), EchoStar
Corporation (US), Inmarsat plc (UK), and Viasat,
Inc. (US), among others, are the major players
in the small satellite services market. Ask for
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