Global Satellite Transponder Market to Grow at a CAGR of 5% by 2022

Dublin, Ireland, February 13, 2019--A new research report by Research and Markets predicted that the satellite transponder market will register a CAGR of more than 5% by 2022. Satellite transponders act as backhaul capacity providers for end-users such as enterprises, ISPs, and mobility, aeronautical and maritime. The analysts have predicted that the satellite transponder market will register a CAGR of more than 5% by 2022.

A key factor driving the growth of the market is the rising adoption of High Throughput Satellite (HTS) technology. The adoption of HTS using spot beam technology is increasing in commercial satellite communications. In recent years, HTS technology was widely used to provide broadband internet services to consumers and small and medium-sized enterprises (SMEs). ISPs started launching HTS by integrating transponders that support Ku band and Ka band.

The demand for HTS services in North America, Asia Pacific, Latin America, and Africa is expected to reach 2 terabytes per second (TBps) by 2024 due to the increasing demand from commercial satellite communication companies. Vendors such as SES have announced plans to deploy new HTS to cater to the increasing demand from end-users. Therefore, with such initiatives, the global satellite transponder market is expected to register a positive outlook during the forecast period.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

For more information please click on:
https://www.researchandmarkets.com/publication/mrlcaqy/4720659