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Satellite Internet Market Size is expected to reach at USD 17,431 million by 2030, registering a CAGR of 18.2%, Owing to Increasing Use of Satellite Services in Law, Firefighting, and Other Agencies

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SEATTLE, Sept. 07, 2022 (GLOBE NEWSWIRE) — SEATTLE, September 06, 2022 (GLOBE NEWSWIRE) – The Global Satellite Internet Market Size accounted for USD 3,985 Million in 2021 and is estimated to achieve a market size of USD 17,431 Million by 2030 growing at a CAGR of 18.2% from 2022 to 2030.

Satellite Internet Market Report Key Highlights

• Global satellite internet market revenue was worth USD 3,985 million in 2021, with a 18.2% CAGR over the forecasting years

• North America satellite internet market leads with more than 32% market share in 2021

• Among band types, C-band segment capture more than 30% of total market share

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• Asia-Pacific satellite internet market would exhibit the highest CAGR of 21% during 2022-2030

• Rise in demand for wireless broadband in rural areas is driving the satellite internet industry

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Report Coverage:

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Market Satellite Internet Market
Satellite Internet Market Size 2021 USD 3,985 Million
Satellite Internet Market Forecast 2030 USD 17,431 Million
Satellite Internet Market CAGR During 2022 – 2030 18.2%  
Satellite Internet Market Analysis Period 2018 – 2030
Satellite Internet Market Base Year 2021  
Satellite Internet Market Forecast Data 2022 – 2030
Segments Covered By Band Type, By End User, And By Geography
Satellite Internet Market Regional Scope North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
Key Companies Profiled Embratel, EchoStar Corporation, Eutelsat Communications SA, Thuraya Telecommunications Company, Freedomsat, OneWeb, Skycasters, Viasat, Inc., Hughes Network Systems, LLC, Singtel, SpaceX, and Wireless Innovations, Ltd.
Report Coverage Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis

Satellite internet is likely one of the most impressive feats of internet delivery. According to Morgan Stanley, satellite internet will account for half of the global space economy by 2040. In certain circumstances, such figure might rise to 70%. A satellite internet connection transmits an internet signal from the internet service provider (ISP) to the device via a satellite. Over the last two decades, the internet has evolved from a commodity to convenience and a need, owing primarily to the smartphone revolutions. Although mobile phone penetration will hit 48% by 2020, internet penetration will remain limited to metropolitan consumers. Using this approach, an internet connection is transmitted from a satellite orbiting the Earth, providing uninterrupted internet and connectivity even in rural and isolated areas.

The satellite internet market comprises satellite internet sales by entities referring to the broadband system that is dispersed across several satellite dishes placed both on the Earth and in space. Satellite internet works by sending radio signals to satellites that orbit the Earth. Since these locations lack infrastructure facilities like radio communication connections, cellphones, or fiber cables, it is typically employed in remote or difficult-to-reach areas. The three primary forms of satellite internet products are two-way satellite-only transmission, one-way receiving, and one-way broadcasting. Two-way satellite uplinks can deliver information from a distant contact site to a hub via a satellite. The numerous band types, such as X-band, L-band, C-band, and K-band, affect a variety of industries and market segments, including corporate, government, residential, military, and industrial.

Global Satellite Internet Market Dynamics

The satellite internet market growth can be ascribed to the rising desire for high-speed internet connectivity, which is being supported by the global digitization of all private and government activities. Satellite internet connectivity is provided via communication satellites, which give substantially faster data speeds. Furthermore, as satellites are not set in one location, they deliver a considerably larger signal than cable broadband. Satellite internet’s advantages, such as great speed, a larger region of availability, and a wider signal, are expected to drive the satellite internet market revenue. The increased adoption of the internet, particularly in advanced economies, is also expected to drive the demand for the satellite internet market trend. According to World Bank data, 56.7% of the entire world’s population has an internet connection in 2019. The increased internet penetration rate is predicted to drive market growth.

Furthermore, the continuous expansion of internet connectivity around the globe, as well as numerous technological developments such as 5G, Internet of Things (IoT), cloud services, blockchain, and Artificial Intelligence (AI), among others, have massively improved the satellite internet market growth over the last two decades. As of April 2021, more than 4.5 billion individuals were actively utilizing the internet worldwide. Furthermore, expansion in the ICT industry has greatly contributed to market growth, productivity increases, and R&D spending, among other economic shifts in various nations around the world. Furthermore, the ICT industry’s supply of goods and services contributes to economic growth and advancement.

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Market Segmentation        

The global satellite internet market has been fragmented by Acumen Research and Consulting based on band type, as well as end user. By band type, the market is separated into C-band, X-band, K-band, L-band, and Others. By end user, the industry is divided into commercial users (government & public sector (law enforcement agencies (fire department, police department, others), public health organizations, and emergency relief centers), corporate institutions, maritime & aircraft, and others), and individuals.

Global Satellite Internet Market Regional Outlook

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The global satellite internet market is divided into several geographic regions: Asia-Pacific, Latin America, North America, Europe, and the Middle East and Africa. As per the satellite internet industry analysis, the North America region can dominate the global market in 2021. This is due to the region’s increasing use of cutting-edge technologies such as cloud-based, IoT, and AI technology, as well as the rise in government attempts to provide satellite technology in various parts of North America. Furthermore, the growing desire for simple and convenient broadband connectivity in remote areas, notably in the defense and military industries, is propelling the regional market.

Besides this, Asia-Pacific is predicted to increase at a rapid pace during the projection period. This is mostly due to the increased use of satellite internet by various sectors, including business and government, to communicate with rural and remote locations. In addition, the Chinese administration has started spending in the formation of a wholly owned government corporation to build up and run a broadband satellite constellation, which represents a profitable prospect for the market.

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Satellite Internet Market Players        

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Some of the major satellite internet market companies are Embratel, EchoStar Corporation, Eutelsat Communications SA, Thuraya Telecommunications Company, Freedomsat, OneWeb, Skycasters, Viasat, Inc., Hughes Network Systems, LLC, Singtel, SpaceX, and Wireless Innovations, Ltd.

Questions Answered By This Report

  • What was the market size of Satellite Internet Market in 2021?
  • What will be the CAGR of Satellite Internet Market during the forecast period from 2022 to 2030?
  • Who are the major players in Global Satellite Internet Market?
  • Which region held the largest share in Satellite Internet Market in 2021?
  • What are the key market drivers of Satellite Internet Market?
  • Who is the largest end user Satellite Internet Market?
  • What will be the Satellite Internet Market value in 2030?

Browse More Research Topic on Satellite Related:

The Global Telecom API Market Size was valued at USD 221 Billion in 2021 and is predicted to be worth USD 1,113 Billion by 2030, with a CAGR of 20.2% from 2022 to 2030.

The Global 5G Chipset Market accounted for USD 1,612 Million in 2021 and is expected to reach USD 145,288 Million by 2030 with a considerable CAGR of 66.3% during the forecast timeframe of 2022 to 2030.

The Global Wireless Audio Devices Market is anticipated to grow at a CAGR of around 19.2% during the forecast period 2021 to 2028 and to reach around USD 193.5 Billion by 2028.

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Acumen Research and Consulting is a global provider of market intelligence and consulting services to information technology, investment, telecommunication, manufacturing, and consumer technology markets. ARC helps investment communities, IT professionals, and business executives to make fact-based decisions on technology purchases and develop firm growth strategies to sustain market competition. With the team size of 100+ Analysts and collective industry experience of more than 200 years, Acumen Research and Consulting assures to deliver a combination of industry knowledge along with global and country level expertise.

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Artificial Intelligence

AMI Partners with Samsung to Bring Firmware Security to PCs

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ATLANTA, Oct. 8, 2024 /PRNewswire/ — AMI®, the global leader in Dynamic Firmware for worldwide computing, has partnered with Samsung Electronics, the global leader in consumer technology, to create an enhanced joint security solution available in Samsung’s Galaxy Book PCs. Alongside Samsung’s multi-layer security platform Samsung Knox, AMI’s Tektagon™ – the industry-leading Platform Root of Trust firmware security solution – is now integrated into Samsung PCs including the Galaxy Book5 Pro 360, Galaxy Book4 Pro, Galaxy Book4 Pro 360, and Galaxy Book4 Ultra. 

Through this collaborative partnership, AMI’s Tektagon seamlessly integrates with Samsung Knox to ensure that confidential and sensitive data stays safe at every layer of the device through real-time threat detection and collaborative protection, while providing the highest level of security against firmware-injected malware to help prevent ransomware and denial of service attacks.
“As a leading supplier of endpoint technology to global government and commercial industries, Samsung is committed to securing its platforms at all levels,” said Dr. Hark-Sang Kim, EVP & Head of New Computing R&D Team, Mobile eXperience Business at Samsung Electronics. “Integrating AMI’s Tektagon solution into our latest Galaxy Books provides powerful and comprehensive protection at the platform’s foundation.”
The Samsung Knox platform leverages the motherboard’s existing embedded processor to provide a hardware-backed secure platform, which includes AMI’s Tektagon security technology. Thanks to AMI’s leading capabilities as a firmware provider, the need for additional components is reduced while hardware-rooted security is still seamlessly delivered.
“AMI is extremely proud of our work integrating our Tektagon Platform Root of Trust solution into Samsung Galaxy Book series notebooks,” said Stefano Righi, Senior Vice President of the AMI Global Software and Security Group. “Together Samsung and AMI are helping to reduce the cyber threat landscape, securing business endpoints around the world from malicious attacks.”
The Samsung Galaxy Book5 Pro 360, Galaxy Book4 Pro, Galaxy Book4 Pro 360 and Galaxy Book4 Ultra with AMI Tektagon Platform Root of Trust are available today and can be ordered directly from Samsung.
Follow AMI on LinkedIn and Twitter/X to receive the latest news and announcements.
AMI® and Tektagon™ are registered trademarks/trademarks of AMI in the US and/or elsewhere. Galaxy Book and Knox are trademarks of Samsung Electronics Co. Ltd. in the United States and other countries. All other trademarks and registered trademarks are the property of their respective owners.
About AMI
AMI is Firmware Reimagined for modern computing. As a global leader in Dynamic Firmware for security, orchestration, and manageability solutions, AMI enables the world’s compute platforms from on-premises to the cloud to the edge. AMI’s industry-leading foundational technology and unwavering customer support have generated lasting partnerships and spurred innovation for some of the most prominent brands in the high-tech industry.
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Artificial Intelligence

Globally Renowned MarTech Platform, Netcore Cloud Announces Strategic Partnership with Tall Bob Collaboration to enhance Customer Engagement capabilities for customers in Australia and New Zealand

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SYDNEY, Oct. 8, 2024 /PRNewswire/ — Netcore Cloud, a leading customer experience and engagement platform, is pleased to announce a strategic partnership with Tall Bob, a premier SMS service provider headquartered in Australia with direct connections to the Mobile Network Operators. This collaboration introduces a newly developed SMS plugin specifically designed to empower Australian businesses with advanced SMS marketing capabilities integrated seamlessly into Netcore Cloud’s omnichannel marketing platform.

The partnership with Tall Bob aligns with Netcore Cloud’s strategy to strengthen its presence in the Australian and New Zealand MarTech ecosystem. By integrating local SMS services through Tall Bob, Netcore Cloud enhances its commitment to providing region-specific solutions that enable personalized, real-time communication. This partnership reflects Netcore’s dedication to driving customer engagement by offering tailored marketing solutions that meet the unique needs of Australian and New Zealand businesses.
The newly developed SMS plugin simplifies SMS integration into customer engagement strategies, enabling businesses to connect with their customers through personalized, scalable SMS campaigns. Key features of the plugin include:
Easy integration: A user-friendly setup process allows businesses to quickly incorporate SMS into their existing marketing strategies.Real-time analytics: The plugin provides robust tracking and analytics to measure the performance of SMS campaigns in real time, helping businesses optimize their marketing efforts.Compliance with local regulations: Ensuring adherence to Australian SMS marketing regulations, the plugin provides businesses a secure and compliant solution.Scalability: Designed to support campaigns of all sizes, from small businesses to large enterprises, enabling broad market reach.Accessibility: Tall Bob’s service layer provides customers with a deep understanding of best practice marketing campaigns, automation, segmentations and message design, resulting in better customer experiences and revenue growth for Netcore and Tall Bob’s clients.Ari Berman – Co-Founder and Commercial Director, Tall Bob said, “This partnership brings together Tall Bob’s local SMS expertise and Netcore Cloud’s global MarTech innovations, providing Australian businesses with a powerful, integrated solution to boost customer engagement and improve marketing performance. I am excited to witness how our collaboration not only simplifies SMS integration but also opens the door to a more holistic approach to communication, enabling brands in Australia and New Zealand to build stronger relationships with their customers.” 
Adding to this, Abithab Bhaskar, CEO – International Business, Netcore Cloud said, “Our shared vision is to enable Australian businesses to harness the full potential of real-time, personalized communication, elevating their marketing strategies to new heights. By combining forces, Netcore Cloud and Tall Bob are positioned to lead the way in delivering innovative, data-driven marketing solutions that empower businesses to connect with their customers like never before.”
About Netcore Cloud
Netcore Cloud, a global leader in marketing technology, empowers marketers with its comprehensive Customer Engagement and Experience Suite to create personalized, omnichannel experiences. Leveraging AI to integrate customer data, Netcore enables targeted segments and meaningful digital interactions. Trusted by over 6,500 brands across sectors like Ecommerce, Retail, Banking and Financial Services, Media and Entertainment, and Travel, its marquee clients include Walmart, Unilever, Tommy Hilfiger, Domino’s, McDonald’s, Pizza Hut, and Crocs.
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Artificial Intelligence

Dark Fiber Market Size to Grow USD 7594 Million by 2030 at a CAGR of 9.09% | Valuates Reports

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BANGALORE, India, Oct. 7, 2024 /PRNewswire/ — Dark Fiber Market is Segmented by Type (Single-Mode, Multi-Mode), by Application (Telecom, Oil & Gas, BFSI, Military & Defense, Medical, Railway, Others): Global Opportunity Analysis and Industry Forecast, 2024-2030.

The Global Dark Fiber Market was valued at USD 4475 million in 2023 and is anticipated to reach USD 7594 million by 2030, witnessing a CAGR of 9.09% during the forecast period 2024-2030.
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Major Factors Driving the Growth of Insect Dark Fiber Market:
The dark fiber market is experiencing robust growth due to the increasing demand for high-speed internet, data transfer, and secure communication infrastructure across various industries. Dark fiber refers to unused fiber-optic cables that are available for lease or purchase, allowing enterprises and service providers to establish private networks with dedicated bandwidth. The surge in data consumption, driven by cloud computing, 5G deployment, data centers, and IoT, has intensified the need for scalable and high-capacity networks, which dark fiber can provide. Additionally, sectors like telecom, IT, and healthcare are adopting dark fiber solutions to ensure better connectivity, network control, and security.
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TRENDS INFLUENCING THE GROWTH OF THE DARK FIBER MARKET
Single-mode fiber plays a crucial role in driving the growth of the dark fiber market due to its ability to support long-distance communication with minimal signal degradation. This fiber type offers high bandwidth and superior performance, making it ideal for telecommunication companies and data centers that require efficient transmission over extensive networks. The rapid increase in data consumption, driven by emerging technologies like 5G, cloud computing, and IoT, has intensified the demand for single-mode fiber. Its cost-effectiveness for long-haul applications further enhances its adoption, as it allows for higher transmission speeds and capacities over longer distances, making it a preferred choice for large-scale network expansion projects.
Multi-mode fiber is a key driver in the dark fiber market due to its efficiency in short-distance data transmission. Multi-mode fibers are particularly effective for data centers and intra-building communication networks where the focus is on high-speed connections over shorter distances. The demand for electric dark fiber, especially in urban infrastructure and renewable energy projects, has surged as these sectors require reliable, high-capacity data transfer solutions. Multi-mode fiber’s cost-effective installation and maintenance, along with its ability to handle high bandwidth over shorter distances, contribute significantly to the market’s growth, providing a reliable infrastructure for electric utilities and smart grid projects.
Telecom is one of the most significant sectors driving the growth of the dark fiber market due to the increasing demand for high-speed internet, large-scale network deployments, and seamless communication infrastructure. The rapid expansion of 5G networks, the need for backhaul connections, and the proliferation of data-intensive applications have all contributed to the growing adoption of dark fiber in the telecom industry. Telecom providers are leveraging dark fiber to reduce latency, enhance scalability, and increase network efficiency, which are critical for delivering enhanced customer experiences and supporting emerging digital services. As telecom networks continue to expand globally, the demand for dark fiber infrastructure is expected to rise.
One of the primary factors driving the growth of the dark fiber market is the exponential surge in global data consumption. With the widespread use of smartphones, connected devices, and the internet, data traffic has increased significantly. Streaming services, online gaming, video conferencing, and cloud computing are all fueling this growth. Dark fiber infrastructure is essential to accommodate this massive data flow, offering the bandwidth and capacity required to support such intensive usage. As businesses and consumers continue to generate more data, service providers rely on dark fiber networks to ensure faster, more reliable connections and to meet the growing demands for data transmission.
The growing adoption of cloud services by enterprises is another critical factor contributing to the growth of the dark fiber market. As businesses migrate their operations and data storage to the cloud, there is an increased need for high-speed, low-latency networks that can handle large volumes of data transmission. Dark fiber provides the necessary infrastructure for private, scalable, and secure network connectivity to the cloud. Enterprises across various industries, including healthcare, finance, and retail, are leveraging dark fiber to ensure seamless access to cloud applications, thus driving market growth. The continued shift toward cloud computing will likely increase demand for dark fiber solutions.
The rapid expansion of data centers worldwide is significantly boosting the dark fiber market. Data centers serve as critical hubs for storing and managing vast amounts of information. To ensure smooth operation, data centers require high-capacity, reliable, and secure fiber-optic networks. Dark fiber networks provide data centers with dedicated, high-performance connectivity, allowing them to scale their operations efficiently. The growth of edge computing and the need for real-time data processing have further intensified the demand for dark fiber connections in data centers. As the number of data centers grows, particularly in emerging markets, the need for dark fiber infrastructure will continue to rise.
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DARK FIBER MARKET SHARE ANALYSISThe dark fiber market shows varying growth trends across different regions, driven by factors like technological advancements and infrastructure investments. North America leads the market due to the rapid expansion of 5G networks, cloud computing adoption, and increasing data center construction. Europe follows closely, with countries investing in high-speed connectivity for smart cities and telecommunications. The Asia-Pacific region is witnessing significant growth, particularly in China, Japan, and India, driven by increased demand for internet services, telecom expansion, and government initiatives supporting digital infrastructure. Meanwhile, Latin America and the Middle East are also emerging as potential markets, propelled by growing data consumption and the need for improved connectivity in underdeveloped areas.
Key Players:
GTT CommunicationsUFINETVikram GroupDEPLUnite Private NetworksSterlite PowerColt Technology ServicesConsolidated CommunicationsCrown CastleNexGen NetworksSorrento NetworksFirstLightMicroscanWindstream Intellectual Property ServicesPurchase Chapters: https://reports.valuates.com/market-reports/QYRE-Auto-8O16959/global-dark-fiber/1
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