The ever increasing demand for Ka-Band technology in terms of new subscribers unveils that the share of satellite transponders market isn’t going to fade away so soon. Along with new subscribers and upgrades, it’s also driving new use cases and applications.
According to a MarketWatch report, researchers conducted a study to analyze the global transponders market based on sound discussions and solid market forecasts. It throws light upon detailed regional analysis, technology trends, market restraints and drivers.
Key Findings of Study
Some of the major key findings of this study make room for-
- New era applications such as machine-to-machine, in-flight communications and maritime broadband, will continue to grow in future.
- When it comes to choosing premium candidates for satellite services; all the regions where infrastructure is not robust but the economy is growing will top the list.
- The US government will continue to be the largest revenue source for the satellite transponder leasing industry. Whereas Latin America and the Middle East will remain the regions with the highest growth in this field.
This study is a great source of motivation for those who have any doubts regarding the future of the satellite transponder market.