Global Weather Forecasting Systems Market

The satellite antenna market consists of sales of satellite antenna devices by entities (organizations, sole traders, and partnerships) which is an apparatus designed to transmit or receive microwaves to satellites. Satellite antennas work by concentrating the satellite's transmitting power into a selected geographical region on earth to avoid interference from other signals transmitted from outside of the designated service area. The main types of satellite antenna are flat panel antenna, parabolic reflector antenna, and horn antenna. The parabolic reflector antenna are used for domestic satellite television reception, terrestrial microwave data links, and general satellite communications. The various components of satellite are reflectors, feed horns, feed networks, low noise converters, and others. Frequency bands of these satellites are C band, K/KU/KA band, S and L band, X band, VHF and UHF band, and other frequency bands. These satellite antenna are used in space, land, and maritime. The global satellite antenna market size is expected to grow from $2.76 billion in 2021 to $3.06 billion in 2022 at a compound annual growth rate (CAGR) of 10.85%. The growth in the satellite antenna market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The global satellite antenna market size is expected to reach $4.83 billion in 2026 at a CAGR of 12.05%. The rise in demand for small satellites is driving the satellite antenna market. Small satellites are cost efficient and cheaper to launch while offering effective connectivity. According to Euroconsult, a France-based satellite consulting firm, 1805 small satellites were placed in orbit between 2010-2020, while the number is expected to rise to 10,000 by 2030. In 2018, the Indian Space Research Organization (ISRO), launched 31 satellites from 7 countries including Canada, France, South Korea, the US, the UK, Finland, and India. The payload consisted of 100 kg micro satellite, 5 kg nano satellites and 710 kg of CartoSAT – 2 for earth observation. The development of ultra-compact satellite antennas for defense and combat purposes is a key trend in the satellite antenna market. Ultra-compact satellite antenna offers high data speed transmission for IP based voice and video transfer capabilities since it operates on multiple bands such as Ku, KA, X and Q. Ultra-compact satellite antenna connects ground control stations to advanced ground combat vehicles while offering seamless transfer of information and communication capabilities which are vital for ground troops in a crucial mission. In 2021, ThinKom Solutions, a US-based satellite antenna manufacturer, was selected by the US army for the supply of phased-array satellite terminals as part of a pilot program which evaluates communications on-the-move (COTM) options for U.S. Army Armored Brigade Combat Teams (ABCT). In 2020, Hanwha Systems, a South Korea-based defense technologies manufacturer, acquired the business and assets of Phasor Solutions, a UK-based satellite antenna manufacturer. This acquisition enabled Hanwha Systems to strategically expand its product portfolio and enabled future product developments. Flat antenna beam steering and semiconductor ship design technology required for antenna Tx/Rx controls are some technologies included in Phasor Solutions’ product portfolio. Major players in the satellite antenna market are Airbus SAS, Cobham PLC, Dettwiler and Associates Ltd., Elite Antennas Ltd., General Dynamics Corporation, Gilat Satellite Networks, Harris Corporation, Honeywell International Inc., Macdonald, Mitsubishi Electric Corporation, Space Star Aerospace Technology Applications Co. Lt, Viasat Inc, Inmarsat Global Limited, Kymeta Corporation, and Norsat International Inc. North America was the largest region in the satellite antenna market in 2021. Asia Pacfic is expected to be the fastest-growing region in the global satellite antenna market during the forecast period. The regions covered in the global satellite antenna market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the satellite antenna market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The global satellite antenna market is segmented - 1) By Antenna Type: Flat Panel Antenna, Parabolic Reflector Antenna, Horn Antenna 2) By Component Type: Reflectors, Feed Horns, Feed Networks, Low Noise Converters, Others 3) By Frequency Band: C Band, K/KU/KA Band, S And L Band, X Band, VHF And UHF Band, Other Frequency Bands 4) By Application: Space, Land, Maritime

The satellites market consists of sales of satellites by entities (organizations, sole traders or partnerships) that produce satellites. A satellite is an artificial body placed in orbit round the earth, or another planet to collect information or for communication purpose. The market includes maintenance services provided by aerospace support and auxiliary equipment manufacturers during the equipment’s warranty period. Only goods and services traded between entities or sold to end consumers are included. The main types of satellites are large satellite, mini satellite and micro satellite. The various types of orbit include low earth orbit (LEO), medium earth orbit (MEO), geosynchronous orbit (GEO), elliptical orbit that are used in scientific research, technology demonstration and verification, earth observation and remote sensing, scientific research, communication, others. When an object revolves around another object in an oval shape, it is said to be in an elliptical orbit. The end users involved are commercial, civil, government and others. The global satellites market size is expected to grow from $23.15 billion in 2021 to $24.86 billion in 2022 at a compound annual growth rate (CAGR) of 7.4%. The growth in the satellites market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The satellites market is expected to reach $31.06 billion in 2026 at a CAGR of 5.7%. During the forecast period, increasing demand for Direct To Home (DTH) television services globally contributed to the satellites market growth. The DTH service is basically a digital satellite service that delivers satellite television programming promptly to subscriber’s home. According to the Telecom Regulatory Authority of India (TRAI) Quarterly Indicator reports, in 2020, DTH has attained net pay active subscriber base of around 70.99 million with five pay DTH service providers. Since direct to home service employs wireless technology, the television programs are transmitted to the subscriber’s television directly from the satellite which drove the demand for satellites, which in turn fuelled the revenues generated for the satellites market. During the forecast period, increased competition from fiber optical cable services is expected to limit the growth of the satellites market. A satellite internet provider may not quite provide the speed needed for some online activities in comparison to the fiber optical cable internet services. According to data published by DecisionData, in 2020, most residential fiber-optic providers have increased the download speeds up to 1,000 Mbps (1 Gbps) with matching upload speeds. Whereas, in general, satellite internet providers offer download speeds between 12 to 100 Mbps only. As a comparison, the Federal Communications Commission (FCC) standard for high-speed connections is 25 Mbps which is far less compared to fiber optic cable internet. Thus, the added competition due to the slower speed and higher latency of satellite internet is expected to have a negative impact on the satellites market affecting the market’s growth. The launch of Hybrid DTH Set-Top Boxes is gaining popularity in the satellites market. The Hybrid Set-Top Boxes are something that surfaced as the result of DTH operators trying to bring online content on the TV screens. For instance, in 2020, D2h has launched an internet-enabled Android-based HD Set-Top Box and Voice-enabled stick with Alexa built-in. It is worth noting that the new Set-Top Box which has been launched by D2h is not a standard Set-Top Box which only comes with a DTH connection. But, it is a Hybrid Set-Top Box that accumulates a DTH connection along with Over-the-Top content (OTT). A Hybrid Set-Top Box is something that will let you access both your OTT content online and the satellite TV channels side by side. In October 2020, AAC Clyde Space, a Swedish-based company that provides small satellite solutions announced the acquisition of SpaceQuest, Ltd. for $8.4 million. The acquisition is expected to help AAC Clyde Space to grow its operations in the U.S.A and to expand Space-as-a-Service offerings. SpaceQuest, Ltd. is a Virginia-based satellite technology developer. Major players in the satellites market are Intelsat, SES S.A., Lockheed Martin Corporation, Airbus S.A.S., Millennium Space Systems Inc., Eutelsat Communications S.A., Boeing, Thales Group, Orbital Sciences Corporation, Planet Labs Inc., AAC Clyde Space, Adcole Maryland Aerospace LLC, Alen Space, Blacksky, Blue Canyon Technologies(BCT), Endursat, Exolaunch GmbH, G.A.U.S.S. Srl, Geooptics Inc, Gomspace, L3Harris Technologies Inc., Nanoavionics, Nanoracks, Viasat Inc., Telesat, EchoStar Corporation, L3 Technologies Inc., Thuraya Telecommunications Company, SKY Perfect JSAT Group, Gilat Satellite Networks and Cobham Limited. Asia Pacific was the largest region in the satellites market in 2021. Asia Pacific is expected to be the fastest growing region in the global satellites market during the forecast period. The regions covered in the satellites market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the satellites market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The global satellites market is segmented - 1) By Type: Large Satellite, Mini Satellite, Micro Satellite 2) By Orbit: Low Earth Orbit (LEO), Medium Earth Orbit (MEO), Geosynchronous Orbit (GEO), Elliptical Orbit 3) By End User: Commercial, Civil, Government, Others 4) By Application: Scientific Research, Technology Demonstration and Verification, Earth Observation and Remote Sensing, Scientific Research, Communication, Others

The alternative data market consists of sales of alternative data by entities (organizations, sole traders, and partnerships) that provide alternative data and helps in finding out the market insight. Alternative data is characterized as non-traditional data that can give an indicator of a firm future performance other than conventional sources such as corporate filings, analyst predictions, and management instructions. This information can be utilized in pre-trade investment evaluation as well as to assist investors in monitoring the financial health of a firm, industry, or nation. The main data types in alternative data are credit and debit card transactions, email receipts, geo-location (foot traffic) records, mobile application usage, satellite and weather data, social and sentiment data, web scraped data, web traffic. A debit transaction is one in which the Cardholder chooses a check or a savings account to which the Cardholder’s Nominated Card is permitted to get access. Any transaction in which the return of money borrowed or a loan pledge is made, or payment for products, services, or assets sold or rented, is to be made at a future date or dates, is referred to as a credit transaction. The several sectors include automotive, BFSI, energy, industrial, IT and telecommunications, media and entertainment, real estate and construction, retail, transportation, logistics and is used in hedge fund operators, investment institutions, others. The global alternative data market size is expected to grow from $2.21 billion in 2021 to $3.23 billion in 2022 at a compound annual growth rate (CAGR) of 46.5%. The change in the alternative data market growth trend is mainly due to the growing demand for alternative data sources owing to the growing interest in stock market trading. The alt data market is expected to reach $13.91 billion in 2026 at a CAGR of 44%. The rising demand for alternative data from hedge funds is expected to propel the growth of the alternative data market in the coming years. Alternative data (or alt data) is non-financial data that predict financial results. Hedge funds and investment banks are among the top users of alt data as investors seek new data sources to provide speedier insight for improved decision-making. This is primarily since alternative data might aid in understanding the corporate performance and future consequences. According to Chain of Demand, a Hong Kong-based predictive analysis company, as of April 2019, over 400 companies were offering alternative data to hedge funds, with a projected profit of $1 billion. Therefore, the rising demand for alternative data from hedge funds drives the growth of the alternative data market. The launch of next-generation platforms has emerged as a key trend in the alternative data market. Major companies operating in the alternative data sector are focusing on introducing next-generation platforms to deliver new and timely insights to researchers, analysts, and businesses. For instance, in October 2020, ESG Data Services Inc., a Canada-based alternative data provider launched the next generation AI-powered ESG data, research, and analytics platform-ESG Analytics. ESG Analytics is an API and web-based solution that uses artificial intelligence (AI) and broad-based alternative data sources to uncover opportunities and risks in social, environmental, and governance practices of companies, ETFs, and countries. Moreover, for investors going beyond the surface details that everyone else uses, ESG Analytics opens them to a world of deep and relevant analysis. In January 2020, The Earnest Research Company, a US-based data analytics company has acquired Alpha Hat Inc. for an undisclosed amount. The acquisition would allow The Earnest Research Company to demonstrate the insights of the new data products of the highest quality and accuracy. Alpha Hat Inc. is a US-based, mobile geolocation intelligence provider that specializes in refining alternative data into actionable insights for investors. Major players in the alternative data market are 1010Data Inc., Advan Research Corporation, Eagle Alpha Ltd., Preqin Ltd., Ravenpack International SL, The Earnest Research Company, Thinknum Inc., UBS Evidence Lab, YipitData, Dataminr Inc., M Science LLC, 7Park Data Inc., Convergence Inc., Geotab Inc, Jumpshot, JWN Energy, and Talkingdata. North America was the largest region in the alternative data market in 2021. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the alternative data market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The global alternative data market is segmented - 1) By Data Type: Credit and Debit Card Transactions, Email Receipts, Geo-Location (Foot Traffic) Records, Mobile Application Usage, Satellite and Weather Data, Social and Sentiment Data, Web Scraped Data, Web Traffic 2) By Industry: Automotive, BFSI, Energy, Industrial, IT and Telecommunications, Media and Entertainment, Real Estate and Construction, Retail, Transportation and Logistics 3) By Application: Hedge Fund Operators, Investment Institutions, Others

The commercial radars market consists of sales of commercial radars by entities (organizations, sole traders, or partnerships) that produce commercial radars. A commercial radar is a detection system used to detect the presence, direction, distance, and speed of the aircraft. The market includes maintenance services provided by aerospace support and auxiliary equipment manufacturers during the equipment’s warranty period. Only goods and services traded between entities or sold to end consumers are included. The main types of commercial radars are commercial aircraft radars, commercial helicopters radars, business jets radars, and UAV radars. The various technology deployed include quantum radar, conventional radar, software-defined radar (SDR) and the different dimension types are 2D, 3D, and 4D. Quantum radar is a high-tech remote sensing technology based on quantum-mechanical effects such as the uncertainty principle and quantum entanglement. The applications include surveillance radars, surface movement radars, precision approach radars, weather radars, and others. The global commercial radars market size is expected to grow from $5.18 billion in 2021 to $5.44 billion in 2022 at a compound annual growth rate (CAGR) of 4.9%. The growth in the commercial radars market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The commercial radars market is expected to reach $7.10 billion in 2026 at a CAGR of 6.9%. Increasing demand for drone detection systems (DDS) at airports is expected to drive the growth of the commercial radars market. Drones are dangerous for aircraft as they pose hazardous risks such as physical collision, and radio frequency interference which could lead to losing control over the plane resulting in a crash. The cancellation, diversions, and delaying of flights due to drones near airports pose a huge financial impact. In May 2019, due to a drone sighting, 43 take-offs and landings were canceled and 48 aircraft already in the air were diverted to other airports among a total of 1,500 scheduled flights in Frankfurt airport. In 2019, Muscat International Airport has approved Aaronia’s AARTOS DDS for drone detection in cooperation with R and N Khimji LLC which consists of RF, radar, camera, and software. In 2020, Heathrow International Airport in the UK installed the AARTOS DDS which uses Aaronia’s latest 3D model for the complete airport area (including buildings, bridges, towers, etc.). ASEAN international airports are also utilizing drone detection systems. Thus the ever-increasing risks posed by drones to the aviation industry is increasing the demand for drone detection systems which is expected to boost the commercial radars market growth. Runway incursions pose a major challenge to the safety of aircraft and humans, which is expected to hinder the market growth of commercial radars market during the forecast period. Runway incursions include incorrect placement of aircraft, vehicles, humans, and any other objects near the area of landing or taking off of the aircraft. To increase safety and reduce the damage caused by runway incursions, aviation authorities across the globe are focused to restrict runway incursions through infrastructure improvements such as lighting, signage, marking, and configuration changes. In 2019, there were a total of 1760 runway incursions in the USA. According to the directors General of Civil Aviation (DGCA), the number of bird hits and aircraft run-ins with stray animals at Indian airports has steadily increased over the last five years, illustrating the potential safety risks and losses the aviation industry faces as the fleet of planes operated by domestic airlines expands rapidly. Thus, the decreased safety and increased damage caused by the runway incursions are expected to hinder the commercial radars market growth during the forecast period. Technological advancements and innovations in surface movement and air surveillance radars are major opportunities for the commercial radars market in the aerospace sector. Improved safety is provided by surface movement radars as they monitor the movement of aircraft and vehicles, provide advice and assistance for the safe and efficient movement of aircraft and vehicles in the maneuvring area. In 2019, Terma introduced an enhanced surface movement radar (eSMR) with features that detect and classify various moving targets such as birds within and above the aerodrome maneuvering area. In December 2019, ENAIRE installed a new air surveillance radar which is equipped with digital receivers, Mode S technology, and automatic dependent surveillance-broadcast (ADS–B) redundant station, that provides information on aircraft altitude, air traffic, system malfunctioning in an aircraft, and other parameters in adverse weather conditions as well thereby making it easier to locate traffic within the range and enhancing safety. Thus technological advancements and innovations in surface movement and air surveillance radars that keep track of vehicular traffic, human movement are major opportunities for the commercial radars market. In 2020, Raytheon Technologies Corporation, US-based aerospace, and defense company that provides advanced systems and services for commercial, military, and government customers worldwide, merged with United Technologies for an undisclosed amount. The merger is expected to introduce breakthrough technologies at an accelerated pace across areas such as hypersonics, directed energy, avionics, and cybersecurity. This would also create a giant, one-stop shop with products that range from Tomahawk missiles and radar systems to jet engines and passenger planes. United Technologies, was a US-based multinational conglomerate. Major players in the commercial radars market are TERMA, Hensoldt Inc., Detect Inc., Raytheon Technologies Corporation, NEC Corporation, Thales Group, Indra Sistemas SA, Easat Radar Systems Limited, Leonardo SpA, Honeywell International Inc, GEM elettronica, Blighter Surveillance Systems Ltd, and FLIR Systems. Asia Pacific is the largest region in the commercial radar market in 2021. Asia pacific is expected to be the fastest growing region in the global commercial radars market during the forecast period. The regions covered in the commercial radars market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the commercial radars market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The global commercial radars market is segmented - 1) By Type: Commercial Aircraft Radars, Commercial Helicopters Radars, Business Jets Radars, UAV Radars 2) By Technology: Quantum Radar, Conventional Radar, Software Defined Radar (SDR) 3) By Dimension: 2D, 3D, 4D 4) By Application: Surveillance Radars, Surface Movement Radars, Precision Approach Radars, Weather Radars, Others

The low earth orbit (LEO) satellites market consists of sales of low earth orbit satellites by entities (organizations, sole traders, and partnerships) that manufacture low earth orbit satellites. A low earth orbit satellite is an object that orbits the earth at lower altitudes than geosynchronous satellites. It is normally between 1000 km and 160 km above the earth. They are commonly used for communications, military reconnaissance, spying, and other imaging applications. The main types of low earth orbit satellites are femto, pico, nano, micro, and mini. Satellites with a mass of fewer than 100 grams are known as femto satellites. By concept, these new types of satellites are low-cost devices if they use commercial-off-the-shelf (COTS) components. The picosatellite satellites have a wet mass between 0.1 and 1 kg. They are used to carry out various payloads such as image sensors, Automatic Identification Systems (AIS), and communications. Nanosatellites are artificial satellites having a weighing mass between 1 and 10 kg. These satellites are used for interplanetary missions, remote sensing, or communications. Satellites with a mass weighing from 10 and 100 kg are known as microsatellites. These are used for gathering scientific data, advancing scientific and human exploration, and radio relay. A minisatellite has a weighing mass usually under 500 kg. The different sub-systems include payload, structure, telecommunication, on-board computer, power system, attitude control, propulsion system and is used in technology development, earth observation and remote sensing, communication, space exploration, surveillance. It is implemented in various verticals such as commercial, civil, government, and others. The global low earth orbit (LEO) satellites market size is expected to grow from $3.50 billion in 2021 to $4.13 billion in 2022 at a compound annual growth rate (CAGR) of 18.2%. The growth in the low earth orbit (LEO) satellites market is mainly due to the increasing adoption of low earth orbit satellites in various sectors, rising importance across communications and defense industries, increasing awareness regarding new forms of technology, integration of IoT, machine learning, rapid advancements in the aerospace, robust government support, increasing preferences towards software-defined payloads for communication satellites, miniaturization of satellite, and growing advancements in payload systems. The low earth orbit (LEO) satellites market is expected to reach $9 billion in 2026 at a CAGR of 21.5%. The increasing adoption of low earth orbit satellites in various sectors is expected to increase the growth of the low earth orbit (LEO) satellites market growth in the forecast period. Low earth orbit satellites serve an important role in earth observation for satellites in the field of farming and are one of the most important enablers of the planet’s protection, safety, and longevity. Earth observation is a way of observing and measuring biological, chemical, and physical factors on a global scale using data from low earth orbit satellites. According to the United Nations, the world population is expected to reach 9.7 billion by 2050, resulting in a 69% increase in overall agricultural production between 2010 and 2050. For instance, in November 2020, the Indian Space Research Organisation (ISRO) announced the launch of an earth observation satellite for agriculture, forestry, disaster management support. Companies such as Planet and Satellogic are developing smart farming solutions by launching small and nanosatellites. Thus, the rising adoption of low earth orbit satellites in agriculture will enhance the growth of the low earth orbit (LEO) satellites market. The launch of advanced low earth orbit satellites is gaining significant popularity in the low earth orbit (LEO) satellites market. Major players operating in the low earth orbit satellite sector are focusing on satellite launches to provide global connectivity. For instance, in April 2021, OneWeb, a UK-based low earth orbit satellite communications operator launched 32 LEO satellites from Vostochny cosmodrome in Russia. With the recent launch, OneWeb now has a total of 182 satellites in orbit. These would be part of OneWeb's 648 LEO satellite constellation, which will provide worldwide connectivity at fast speeds and with low latency. Further, in November 2020, Mitsubishi Heavy Industries (MHI), a Japan-based engineering company, launched an advanced relay satellite with laser communications tech into orbit. The satellite payload, called Laser Utilizing Communication System (LUCAS), will send data from satellites in low earth orbit using laser technology. In November 2020, the UK government and Bharti Global, the company which has been working to provide satellite internet globally with a constellation of up to 648 satellites acquired OneWeb and for a deal amount of $565.50 million (£400million) to gain a 45% stake each in the firm. The acquisition was considered as a method to keep the UK's space sector afloat after British companies were blocked out of the EU's Galileo satellite navigation program owing to Brexit. OneWeb is a UK-based satellite internet company. Major players in the low low earth orbit (LEO) satellites market are Northrop Grumman, Kepler Communications, SpaceX, Boeing, Lockheed Martin, Thales Alenia Space, Airbus Defence and Space, SSL, Globalstar, and BAE System. North America was the largest region in the low low earth orbit (LEO) satellites market in 2021. The regions covered in the low earth orbit (LEO) satellites market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the low earth orbit (LEO) satellites market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA The global low earth orbit (LEO) satellites market is segmented - 1) By Type: Femto, Pico, Nano, Micro, Mini 2) By Sub-System: Payload, Structure, Telecommunication, On-Board Computer, Power System, Attitude Control, Propulsion System 3) By Application: Technology Development, Earth Observation and Remote Sensing, Communication, Space Exploration, Surveillance 4) By End-User: Commercial, Civil, Government, Others

The military satellites market consists of sales of military satellites by entities (organizations, sole traders, and partnerships) that manufacture military satellites. A military satellite is an artificial earth satellite used for military missions such as intelligence gathering, navigation, and military communications. The main satellite types of military satellites are small satellites, medium-to-heavy satellites. The various types of payload include communication payload, navigation payload, imaging payload, others that are used for intelligence, surveillance, reconnaissance (ISR), communication, navigation. Satellite Payload refers to the components of a spacecraft that are specifically dedicated to producing mission data and relaying that data back to Earth. The global military satellites market size is expected to grow from $52.28 billion in 2021 to $54.83 billion in 2022 at a compound annual growth rate (CAGR) of 4.9%. The growth in the military satellites market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The military satellites market is expected to reach $63.116 billion in 2026 at a CAGR of 3.6%. The increasing concern about terrorism is expected to fuel the growth of the military satellites market. The growing concern for terrorism has motivated the need for military forces around the world to deploy better military communication systems. Military satellites are an important part of modern military communication networks. In 2019, 63 countries reported at least one death due to terrorism. Terrorism had a $26.4 billion global economic impact in 2019. Therefore, the increasing concern about terrorism drives the growth of the military satellites market. The high cost of the military satellite is expected to hamper the growth of the military satellites market over the forecast period. An artificial satellite that is used for military purposes is a military satellite. Military satellites are costly devices, costly to build, and costly to launch. The military communications satellite's combined costs will be more than $95 million for release and launch insurance, $20 million for the in-orbit insurance, $15 million for operating expenses, and $150 million for spacecraft, making a total of $300 million. Therefore, the high cost of military satellites restraints the growth of the military satellite market. The advancement in technology is shaping the military satellite market. Major companies working in the military satellite sector are focused on designing advanced technology solutions for military satellites. For instance, in July 2020, SpaceX, an American aerospace manufacturer, and space transportation services company launched South Korea's first military communications satellite, called Anasis-II. Anasis-II will play a vital role in preserving peace on the Korean peninsula, and through this technical advance, the Republic of Korea will be able to improve not only its IT capabilities but also its space research and development operations. In May 2021, OneWeb, a USA-based satellite internet company, acquired TrustComm for an undisclosed amount. Through this acquisition. OneWeb intended to provide "a new suite of services with network speeds up to 195Mbps, lower latency, smaller and more compact multi-orbit user terminals, and built-in network management tools" to the US Department of Defense and other government clients. TrustComm, based in the US, is a commercial satellite communications provider. Major players in the military satellites market are The Boeing Company, Israel Aerospace Industries, Northrop Grumman Corporation, ISS-Reshetnev, SpaceX, Lockheed Martin Corporation, Raytheon Company, Thales Group, Mitsubishi Electric Corporation, GE Aviation, Airbus SE, Indian Space Research Organisation, OHB SE, Elbit System Ltd, AeroVironment, and Orbital ATK Inc. North America was the largest region in the military satellites market in 2021. Asia Pacific is expected to be the fastest growing region in the forecast period. The regions covered in the military satellites market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the military satellites market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA The global military satellites market is segmented - 1) By Satellite Type: Small Satellite, Medium-To-Heavy Satellite 2) By Payload Type: Communication Payload, Navigation Payload, Imaging Payload, Others 3) By Application: Intelligence, Surveillance, and Reconnaissance (ISR), Communication, Navigation

The satellite and telecommunications resellers market consists of sales of satellite and telecommunications services by entities (organizations, sole traders and partnerships) that purchase access and network capacity from operators of telecommunications networks and resell these services to businesses and households. The main types of satellite and telecommunications resellers are satellite telecommunications, telecommunication resellers and other satellite and telecommunication resellers. A satellite telecommunications is an artificial wireless satellite used to facilitate communications of radio, television, and telephone signals around the earth. These are implemented in various areas such as residential and commercial applications. The different components include equipment, services. The global satellite and telecommunications resellers market size is expected to grow from $291.13 billion in 2021 to $313.57 billion in 2022 at a compound annual growth rate (CAGR) of 7.7%. The growth in the market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The satellite and telecommunications resellers market is expected to reach $409.12 billion in 2026 at a CAGR of 6.9%. Governments around the world are increasingly investing in developing smart cities. The European Union is actively promoting smart city initiatives, with funds for research and sustainability targets for member states. The concept of smart cities is also rising in developing nations. In China and India alone, almost 300 smart city pilots are currently planned. These projects will require state-of-the-art telecoms networks. This will act as a major driver of the growth of the satellite and telecommunications resellers market going forward. Competition among internet service providers in developing countries to gain a major share of the market by offering low-cost internet is expected to restrain the revenue generation of the satellite and telecommunications resellers market in the forecast period. Price wars among internet service providers are negatively affecting the average revenue per user earned by telecoms providers. For example, Reliance Jio’s provision of affordable internet that helped the company gain a large customer base in a short period of time is expected to cause net losses of $147 million-$364 million for Vodafone and net losses of $11.8 million-$177 million for Bharti Airtel. The drop in the revenues generated per user due to price wars among telecoms providers in emerging economies will not be compensated by the size of the increase in user numbers and so is expected to restrain the growth of the telecoms market in the forecast period. The impact of digitization is driving the use of wireless technologies and equipment. Rising data traffic, growth in public WiFi and emerging 4G and 5G technologies are stimulating the growth of wireless equipment in developed and emerging countries. Also, many companies are shifting from traditional communications systems such as fixed line technologies to more advanced wireless and mobile technologies. For instance, according to a report by Pew Research Center, Smartphone ownership (85%) and home broadband subscriptions (77%) have increased among American adults since 2019 – up from 81 percent and 73%, respectively, thereby indicating a decrease in wireline usage. In January 2022, Hughes Network Systems, a US-based provider of broadband satellite communications services announced a joint venture (JV) partnership with Bharti Airtel (Airtel). This collaboration aims to provide satellite broadband services in India through a JV company HCIPL (Hughes Communications India Pvt Ltd). Bharti Airtel (Airtel) is an India-based telecommunications company. Major companies in the satellite and telecommunications resellers market include TCS, Nippon Telegraph And Telephone Corp, telefonaktiebolaget lm ericsson, Cognizant Technology Solutions Corp, Dell Technologies Inc., Hewlett Packard Enterprise Co, Microsoft, Capgemini, Cisco Systems, Inc., Infosys ltd. Western Europe was the largest region in the satellite and telecommunications resellers market in 2021. Asia Pacific was the second largest region in the satellite and telecommunications resellers market. The regions covered in the satellite & telecommunications reseller market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the satellite and telecommunications resellers market report are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela and Vietnam. The global satellite and telecommunications resellers market is segmented - 1) By Type: Telecommunication Resellers, Satellite Telecommunications, Other Satellite and Telecommunication Resellers 2) By Component: Equipment, Services 2) By End-Use: Residential, Commercial Subsegments Covered: Wireless Telecommunication Resellers, Wired Telecommunication Resellers

The crop monitoring market consists of sales of crop monitoring devices by entities (organizations, sole traders, and partnerships) that monitor crop growth and any anomalies to effectively prevent diseases or infections that would harm crops. Crop monitoring devices are smart devices used for certain farming operations during the crop developmental stages such as water spraying, and harvesting, to enhance crop production. They were placed in the field for the data collection of various parameters including temperature, precipitation, leaf water potential, and overall crop health. The main types of offerings in crop monitoring are hardware, software, and services. Hardware refers to devices used in capturing data for actionable insights to manage all the operations on the farm, both pre-harvest and post-harvest. The different farm types using crop monitoring are small-sized farms, medium-sized farms, and large-sized farms. The various crop monitoring technologies include variable-rate technology, sensing and imagery, and automation and robotics which are used in applications such as field mapping, crop scouting and monitoring, soil monitoring, yield mapping and monitoring, variable rate application, weather tracking and forecasting, and others. The global crop monitoring market size is expected to grow from $2.05 billion in 2021 to $2.47 billion in 2022 at a compound annual growth rate (CAGR) of 20.4%. The global crop monitoring market size is expected to grow to $4.39 billion in 2026 at a CAGR of 15.5%. The increase in demand for smart agriculture and IoT in agriculture is expected to propel the growth of the crop monitoring market going forward. IoT smart farming is a system designed to monitor crop fields using sensors that monitor light, humidity, temperature, soil moisture, crop health, and irrigation system automation, allowing farmers to monitor agricultural conditions from any location. For instance, according to a BI Intelligence survey, the adoption of IoT devices in the agriculture business reached 75 million in 2020, expanding at a rate of 20% each year. Simultaneously, the global smart agricultural market is predicted to treble in size by 2025, to $15.3 billion. According to the UN Food and Agriculture Organization projections, the nation will need to produce 70% more food by 2050. The desire for increasing farm yields grew in response to diminishing agricultural lands and the depletion of finite natural resources. Smart farming based on IoT technologies allows farmers and growers to minimize waste and improve productivity. Thus, an increase in smart agriculture and IoT in agriculture demand is driving the growth of the crop monitoring market. The adoption of advanced modern technologies is a key trend gaining popularity within the crop monitoring market. Crop yield has been protected by AI-based technology against a variety of circumstances, including climate change, growth, employment troubles, and food security concerns. The goal of this technology is to reduce agricultural hazards and promote sensible farming practices. For instance, in 2020, MotorLeaf, a Canada-based developer of wireless and automated agriculture systems intended to provide yield estimates that employ AI in agriculture to regulate crop output and quality. The system automates disease scouting and harvest yield estimations, providing insights into the growth conditions that cause skin cracking and blemishes in vegetables. This technology allows farmers to form data-driven decisions about the way to best manage and grow their crops. In January 2020, Cropx, a US-based soil sensing, and data analytics company acquired CropMetrics for an undisclosed amount. Through this acquisition, CropX aims to become a global leader for in-soil IoT solutions by adding CropMetrics's solutions, extensive dealer network, and experienced support team. Cropmetrics LLC is a US-based provider of advanced agronomic solutions and specializes in precision agricultural irrigation management. Major players in the crop monitoring market are Topcon Corporation, Trimble, The Climate Corporation, Yara International, CropX Technologies, Cropio, Earth Observing Systems, PrecisionHawk, Ag Leader, Taranis, Monsanto Company, Deere & Company, AGCO Corporation, Kasco Manufacturing Co. Inc., Davimac Manufacturing, and Kubota Corporation North America was the largest region in the crop monitoring market in 2021. Asia Pacific is expected to be the fastest-growing region in the forecast period in the global crop monitoring market. The regions covered in the global crop monitoring market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the crop monitoring market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The global crop monitoring market is segmented - 1) By Offering: Hardware, Software, Services 2) By Farm Type: Small Sized Farms, Medium Sized Farms, Large Sized Farms 3) By Technology: Variable Rate Technology, Sensing and Imagery, Automation and Robotics 4) By Application: Field Mapping, Crop Scouting and Monitoring, Soil Monitoring, Yield Mapping and Monitoring, Variable Rate Application, Weather Tracking and Forecasting, Other Applications