Contracts was the key strategy adopted by companies to grow in the small satellite services market in 2016. Leading players, such as Telesat (Canada), Globalstar, Inc. (US), Iridium Communications Inc. (US), Singapore Telecommunications Limited (Singapore), Eutelsat Communications S.A. (France), EchoStar Corporation (US), Inmarsat plc (UK), and ViaSat, Inc. (US), focus on securing supply contracts to expand their market reach, increase customer base, and enhance their service offerings.
Major Small Satellite Services Companies Include:
Singapore Telecommunications Limited (Singapore) is the leader in the small satellite services market considering its overall service offerings and business strategies. In terms of satellite services, it has adopted the organic growth strategy and has developed solutions to enhance voice and data connectivity, especially for enterprises. It has also made acquisitions through its subsidiary to strengthen data, analytics, and media buying capabilities.
Eutelsat Communications S.A. (France) was also one of the influential players in the market in 2016. The major strategy adopted by the company is to enhance its product portfolio by developing new technologies through robust investments in R&D. It constantly develops new solutions that address the rapidly evolving requirements of the satellite communications sector. In 2016, Eutelsat launched SmartBeam, the satellite solution for multiscreen TV delivery to smartphones and tablets.
Furthermore, EchoStar Corporation (US) was also one of the major players in the small satellite services market in 2016 due to its strong service portfolio. The company has been awarded multiple contracts by customers from the Americas and Asia. It also focuses on expanding its satellite capacity and related infrastructure and develops improved and new technologies, which is evident from the launch of more than 5 new solutions during the last year alone. In November 2017, Hughes Network Systems, LLC (Hughes), a subsidiary of EchoStar, was awarded a contract by General Services Administration (GSA) (US) for Complex Commercial SATCOM Solutions (CS3). Under this contract, Hughes is expected to supply customizable solutions to government agencies to meet networking requirements.
Inmarsat plc (UK) is also one of the leading companies focusing on widening its product portfolio through innovative designs, and the miniaturization of satellites and their services. The company has been awarded contracts by various airlines, namely, AirAsia, Avianca, and Qatar Airways, among others. In September 2017, Inmarsat was awarded a contract by the AirAsia Group (Malaysia) to provide next-generation GX Aviation in-flight broadband solutions for more than 120 Airbus aircraft.
Related Reports:
Small Satellite Services Market by Platform (CubeSat, Nanosatellite, Microsatellite, Minisatellite), Vertical (Government & Military, Non-Profit Organizations, Commercial), Application (Remote Sensing, Communication), and Region - Global Forecast to 2022
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