Satellite Transponders Leasing Market to grow with a CAGR of 4.43% Satellite Transponders Leasing Market | Page 2
Satellite Transponders Leasing Market to 2025
Introduction
Satellite transponders are small chip size circuits that are integrated into satellites for the purpose of transmitting
the uplink data/information to the downlink and vice-versa. The rising trend of advanced channel broadcasting has
escalated the demand for satellite transponders across the globe. These transponders are provided on lease basis to
various industry verticals that, whose operations are based upon the satellite transmission. Majority of these
industries include, the media & broadcasting industry, telecom industry, research & development institutions,
defense and military departments and government sectors. The banking businesses, retails and transportation
industry also acquire certain shares in this market.
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