Satellite Transponders Leasing Market to grow with a CAGR of 4.43% Satellite Transponders Leasing Market | Page 4
Satellite Transponders Leasing Market to 2025
For the better understanding of the market, it has been segmented into three major categories, viz., types of
services, bandwidths and application. There are three basic types of services in the market, namely, protected,
unprotected and preemptive. The unprotected service is also known as non-preemptible services. Further the
market is segmented into different application, which comprises of government and military, commercial, telecom,
navigation, remote sensors and research and development. Here, the commercial application is expected to spur
the growth of transponder leasing market in the coming years.
Geographically this market is segmented into five major regions, which are North America, Europe, South America,
Asia Pacific and Middle East and Africa. North America is currently dominating the market owing to its strong
technological foundations. Followed by north America is Europe. Asia pacific in terms of leased satellite
transponders is expected to take over the domination in the long term of this market. The tremendous
advancement in the developing economies of Asia Pacific are expected to fuel the growth of satellite transponders
leasing market in the coming years.
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