ANZ Satellite Communications Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 11.46 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
ANZ Satellite Communications Market Analysis
The Australia and New Zealand satellite communications market is valued at USD 1.19 Billion in the current year. It is expected to grow at a CAGR of 11.46%% during the forecast period to USD 2.24 Billion by the next five years.
- Satellite communication has gained significant traction due to its excessive use in the defense and military sectors for transmitting information and establishing communication between military personnel. Furthermore, it also helps with satellite-asset tracking and remote sensing. For instance, life safety at sea has been gaining importance in the defense sector. The governments of various countries are investing in communication technology, such as navigation systems and vessel tracking. The governments of countries like China, the United States, the United Kingdom, and Indonesia play a vital role in promoting maritime security, as the maritime industry adds to the region's economic growth.
- As satellite technology developed, end users' direct access to capacity has become a severe problem. Instead of the traditional emphasis on network connectivity, ISOs and independent satellite systems are increasingly directing satellite technology toward providing services to end consumers. The conventional wisdom in satellite communication has been that the size of the receiving equipment and the power radiated from a satellite must be traded off. The most cost-effective systems for connecting a relatively small number of sites employed low-powered satellites sending signals to big stationary earth stations.
- The need for broadband connectivity is still tremendous and only sometimes location-specific. Examples of such requirements include connectivity for users on airplanes, ships, and vehicles (including first responders) operating in both stationary and moving locations. These three platforms require constant connectivity throughout their routes, frequently taking them through underserved portions of big cities and sparsely populated regions. Such improvements are anticipated to support the expansion of the market under study.
- Since launching a satellite to send data is so sensitive, cybersecurity has become a fundamental problem for satellite communication. The difficulty stems from the potential harm such cybersecurity risks could do because the flaws are crucial to the operation. Launch systems, communications, telemetry, tracking and command, and mission completion are mission-critical weaknesses vulnerable to cybersecurity threats. Its implementation needs to be improved by the excessive reliance on satellite communication for safe cyber capabilities during the satellite's lifetime.
- According to the Satellite Business Association, the commercial satellite business has been crucial in combating the COVID-19 pandemic. Due to its numerous uses in providing voice, data, and broadcast communications solutions, as well as navigation, earth observation, remote sensing, and other specialized services essential for businesses, government clients, and consumers domestically and globally, the demand for satellite communication has increased.
ANZ Satellite Communications Market Trends
Defence and Military forces will hold the significant share
- Satellite communication has gained significant traction due to its excessive use in the defense and military sectors for transmitting information and establishing communication between military personnel. Furthermore, it also helps with satellite-asset tracking and remote sensing. For instance, life safety at sea has been gaining importance in the defense sector. The governments of various countries are investing in communication technology, such as navigation systems and vessel tracking. The governments of countries like Australia, China, Germany, the United States, the United Kingdom, and Indonesia play a vital role in promoting maritime security, as the naval industry adds to the region's economic growth.
- On December 2022, New Zealand staked USD 500 million on COTS to network its military. The Land Tactical Information Network, the future network environment for the New Zealand Army, is what NEA is ultimately aiming to build. In a clear and deliberate contrast to some of its partners, the Defence Force's Network Enabled Army (NEA) program focuses on bringing established technology and equipment that can be adopted quickly and provide essential capabilities. Nevertheless, the little Pacific nation of New Zealand is prepared to invest far over NZD 700 million (USD 435 million) in this program over the next ten years.
- Partnership agreements can be noted between service providers to address the increasing demand for satellite communication in the military and defense fields. For instance, in August 2022, SpaceLink announced that it collaborated with the Defense Advanced Research Projects Agency to create protocols for the interoperability of commercial communications constellations with military and defense technologies. One of the 11 companies chosen for the first stage of the Space BACN project is SpaceLink, which is developing a constellation of data-relay satellites in medium Earth orbit linked by laser lines. Parsons Corp. and SpaceLink are also partners. SpaceLink uses Parsons' Optimyz satellite tasking and scheduling software, which DARPA also chose to manage its own Blackjack spacecraft. SpaceLink will create a technological strategy and interface for DARPA's laser communications project to allow space-to-space optical communications terminals that can be dynamically updated on orbit and talk across numerous optical standards used by satellite systems.
- The multibillion-dollar JP9102 project, which supplies the Commonwealth with a defense satellite communication system, has chosen Lockheed Martin as Australia's preferred bidder. Project JP9102 will provide Australia with its first autonomously operated satellite communication system over the Indo-Pacific region. In addition to the geostationary satellite, the American defense behemoth will give Canberra two new operations centers and an integrated satellite communications management system.
Technology advancement by Government in the Aviation industry will drive the market
- The aviation industry's future depends heavily on technology. It would be crucial for airport operators to use satellite communication, given the worldwide efforts to increase safety and the growing demand for connectivity among travelers. The level of connectivity required at all times for the safe and efficient operation of airports is challenging to maintain because airports are frequently situated in isolated places with challenging topography. Furthermore, the areas where sites often need more infrastructure. These problems are resolved by satellite communication, which requires very little infrastructure and can always provide reliable internet service despite rapidly changing weather conditions or remote locations.
- In September 2022, Network Innovations, a provider of vital communications products and services, announced its partnership with hiSky, a provider of advanced voice and IoT satellite communications technology. Utilizing a patented technology, hiSky's low data rate (LDR) network, perfect for Industrialized Internet of Things (IIoT) applications, transmits LDR through high-frequency Ka/Ku-band networks to provide end users with affordable satellite solutions.
- Australia is leading a navigation modernization effort to move pilots away from using ground-based navigation aids to satellites as their primary means of navigation in response to the rapidly increasing air traffic and the need to ensure our airspace is managed as safely and efficiently as possible.
- In May 2023, Inmarsat was given a USD 187.4 million ANZ contract for satellite positioning. These can reduce location errors from several meters to as low as ten centimeters. With that level of precision, more automated systems utilized in aviation, maritime, agricultural, mining, and emergency services and enhanced collision avoidance for autonomous vehicles will be available.
ANZ Satellite Communications Industry Overview
The ANZ satellite communication (SATCOM) market is highly fragmented, with the presence of major players like Inmarsat global limited, Lockheed Martin, Gilat Satellite Networks Ltd, Viasat Inc., and L3Harris Technologies Inc. Players in the market are adopting strategies such as partnerships, innovations, mergers, and acquisitions to enhance their product offerings and gain sustainable competitive advantage.
- In May 2023, Inmarsat was given a USD 187.4 million ANZ contract for satellite positioning. These can reduce location errors from several meters to as low as ten centimeters. With that level of precision, more automated systems utilized in aviation, maritime, agricultural, mining, and emergency services and enhanced collision avoidance for autonomous vehicles will be available.
- In March 2023, Lockheed Martin Australia (LMA) picked Victoria as the engineering and technical hub for its proposed sovereign military satellite communications system, JP9102. This investment would result in the creation of nearly 200 advanced space sector jobs in Victoria. Simultaneously, Lockheed Martin ANZ announced collaborations with Marand, Survitec, and TR Calibration to offer instrumentation, calibration, and repair services for Lockheed Martin's aviation ground support equipment as part of the company's Product Support Provider network (PSPn).
ANZ Satellite Communications Market Leaders
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Inmarsat Global Limited
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Lockheed Martin
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Gilat Satellite Networks Ltd
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Viasat Inc.
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L3Harris Technologies Inc
*Disclaimer: Major Players sorted in no particular order
ANZ Satellite Communications Market News
- May 2023 - Apple's Emergency SOS satellite service is now available in Australia and New Zealand for iPhone 14 customers. This feature enables users to call emergency services outside of cell and Wi-Fi coverage. It also allows them to disclose their locations through satellite communications via the Find My app. Emergency SOS via satellite is currently accessible on the iPhone 14, iPhone 14 Plus, iPhone 14 Pro, and iPhone 14 Pro Max, as well as future iPhones. It needs to have iOS 16.4 or later.
- April 2023 - Lockheed Martin has been selected as Australia's preferred bidder for the multibillion-dollar JP9102 project, which entails delivering the Commonwealth's defense satellite communication system. Australia's first sovereign-controlled satellite communication system over the Indo-Pacific area will be delivered via Project JP9102.
Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET INSIGHTS
4.1 Market Overview
4.2 Industry Attractiveness - Porter's Five Forces Analysis
4.2.1 Bargaining Power of Buyers
4.2.2 Bargaining Power of Suppliers
4.2.3 Threat of New Entrants
4.2.4 Threat of Substitutes
4.2.5 Intensity of Competitive Rivalry
4.3 Industry Value Chain Analysis
4.4 Assessment of the Impact of COVID-19 on the Market
5. MARKET DYNAMICS
5.1 Market Drivers
5.1.1 Increase in Internet of Things (IoT) and Autonomous Systems
5.1.2 Rise in Demand for Military and Defense Satellite Communication Solutions
5.2 Market Restraints
5.2.1 Cybersecurity Threats to Satellite Communication
5.2.2 Interference in Transmission of Data
6. MARKET SEGMENTATION
6.1 By Type
6.1.1 Ground Equipment
6.1.2 Services
6.2 By Platform
6.2.1 Portable
6.2.2 Land
6.2.3 Maritime
6.2.4 Airborne
6.3 By End-user Vertical
6.3.1 Maritime
6.3.2 Defense and Government
6.3.3 Enterprises
6.3.4 Media and Entertainment
6.3.5 Other End-user Verticals
7. COMPETITIVE LANDSCAPE
7.1 Company Profiles
7.1.1 Inmarsat Global Limited
7.1.2 Airbus Defence and Space GmbH
7.1.3 Lockheed Martin
7.1.4 Gilat Satellite Networks Ltd
7.1.5 Viasat Inc.
7.1.6 L3Harris Technologies Inc.
7.1.7 Thuraya Telecommunications Company
7.1.8 Cobham Satcom (Cobham Limited)
7.1.9 Thales Group
7.2 *List Not Exhaustive
8. INVESTMENT ANALYSIS
9. MARKET OPPORTUNITIES AND FUTURE TRENDS
ANZ Satellite Communications Industry Segmentation
The ANZ satellite communication (SATCOM) market is defined based on the revenues generated from the types used in various end-user industries such as maritime, defense & government, enterprises, and media & entertainment, among other end-users. The analysis is based on the market insights captured through secondary research and the primaries. The market also covers the major factors impacting the market's growth in terms of drivers and restraints.
The scope of the study has been segmented based on the type of satellite communication equipment and services ( ground equipment (a gateway, very small aperture terminal (VSAT) equipment, network operation center (NOC), and satellite newsgathering (SNG) equipment) and Services (mobile satellite services (MSS), fixed satellite services, and earth observation services) and end-user vertical (maritime, defense & government, enterprises, media & entertainment, and other end-user verticals). Common satellite communication services include voice calling and internet access for different applications. The study tracks the key market parameters, underlying growth influencers, and major vendors operating in the industry, which supports the market estimations and growth rates over the forecast period. The study also tracks the revenue accrued through the sale of grown equipment and communication services that are being used in various end-user industries across geography. In addition, the study provides the SATCOM market trends, along with key vendor profiles. The study further analyses the overall impact of COVID-19 on the ecosystem.
Frequently Asked Questions
What is the current ANZ Satellite Communications Market size?
The ANZ Satellite Communications Market is projected to register a CAGR of 11.46% during the forecast period (2024-2029)
Who are the key players in ANZ Satellite Communications Market?
Inmarsat Global Limited, Lockheed Martin, Gilat Satellite Networks Ltd , Viasat Inc. and L3Harris Technologies Inc are the major companies operating in the ANZ Satellite Communications Market.
What years does this ANZ Satellite Communications Market cover?
The report covers the ANZ Satellite Communications Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the ANZ Satellite Communications Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
ANZ Satellite Communications Industry Report
Statistics for the 2024 ANZ Satellite Communications market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. ANZ Satellite Communications analysis includes a market forecast outlook to for 2024 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.
