The global high-throughput satellite (HTS) service market is anticipated to grow at a significant CAGR during the forecast period (2024-2031). A high-throughput satellite or HTS is a kind of communication satellite that offers relevantly more throughput and higher capacity than that of a classic FSS and traditional satellite. High-throughput satellite (HTS) is a spot beam technology-based service that provides frequency re-use over multiple narrow-focused spot beams.
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The demand for high-throughput satellite constellation in various end-user application areas including the government, enterprise network, and cellular backhaul, among others is growing at a significant rate. This factor is anticipated to drive the growth of the global high-throughput satellite (HTS) service market during the forecast period. The increasing necessity for efficient network connectivity is the major factor that supplements the market growth. Additionally, the increasing requirement for in-flight mobile connectivity is expected to create lucrative growth opportunities for the global high-throughput satellite (HTS) service market.
Moreover, the key players present in the global HTS service market include SSL, Al Yah Satellite Communications, Orbital Sciences Corp., The Boeing Co., and others adopted various strategies, such as product launches, mergers & acquisitions, among others to remain competitive in the market. For instance, in December 2019, a leading National Security Solutions provider, Kratos Defense & Security Solutions, Inc. announced the launch of Kacific-1. The Kacific-1 is a new Ka-band high-throughput satellite (HTS) network that is designed to deliver efficient broadband services in the market.
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Market Coverage
- Segment Covered-
o By Application
o By Frequency Band
o By Capacity
o By Orbit
- Competitive Landscape- SSL, Al Yah Satellite Communications, Orbital Sciences Corp., The Boeing Co., and others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominates the market in base year?
- Which segment and region will project fastest growth in the market?
- How COVID-19 impacted the market?
o Recovery Timeline
o Deviation from pre-COVID forecast
o Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global High-throughput Satellite (HTS) Service Market Report Segmentation
By Application
- Consumer Broadband
- Cellular Backhaul
- Maritime Communications
- Military Satellite Communications
By Frequency Band
- Ku-Band
- Ka-Band
- C-Band
By Capacity
- 0-50 GBPS
- 50-100 GBPS
- Above 100 GBPS
By Orbit
- Geostationary Orbit (GEO)
- Medium Earth Orbit (MEO)
- Low Earth Orbit (LEO)
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Article source: https://article-realm.com/article/Business/68990-High-throughput-Satellite-HTS-Service-Market-Trends-Business-Overview-to-2031.html
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