The global Software-Defined Satellite (Sds) Market size was estimated at USD 2.8 billion in 2023 and is projected to reach USD 6.5 billion in 2030 at a CAGR of 12.7% during the forecast period 2023-2030.
Software Defined Satellites (SDS) are a type of satellite that can adjust their communication channels and bandwidth dynamically. This means that they can provide high-bandwidth connectivity, which is ideal for applications that require rapid and low-latency data transmission. SDS are particularly useful for applications such as remote sensing, earth observation, and military communications, where high-bandwidth connectivity is essential.
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The spread of the COVID-19 pandemic resulted in disruption on a complex global supply chain for components and materials. Restrictions on manufacturing and transportation due to lockdowns and other measures aimed at controlling the pandemic might have led to disruptions in the supply chain, affecting production schedules and project timelines.
Key Findings:
On the basis of orbit, the global software-defined satellites (SDS) market is segmented into Geosynchronous Earth Orbit (GEO), Low Earth Orbit (LEO), and Medium Earth Orbit (MEO). The Geosynchronous Earth Orbit (GEO) segment is expected to register significantly fast revenue growth rate in the global SDS market over the forecast period.
On the basis of subsystem, the global software-defined satellites (SDS) market is segmented into payload, power system, propulsion system, on-board computer, telecommunication, structure, and attitude control system. The payload segment is further sub-segmented into earth observation, communication, and navigation.
On the basis of verticals, the global software-defined satellites market is segmented into Software- Defined Radio (SDR), Artificial Intelligence (AI), Cloud Computation, and The Software-Defined Radio (SDR) segment is expected to account for significantly large revenue share in the global software-defined satellites market over the forecast period.
Recent Developments
· In February 2023, JANUS-1, the world's first cloud-built demo satellite fully conceived, designed, and manufactured by Ananth Technologies Ltd., Which is based in Bengaluru India, was launched by Isro's mini-rocket SSLV-D2, JANUS-1 is a software defined 6U technology demonstration satellite that is built using Antaris cloud software platform and SatOSsoftware, as well as XDLinx's modular spacecraft bus.
· In January 2021, Intelsat and Airbus entered into an agreement to construct two OneSat satellites for its upcoming software-defined network, which will operate on multiple frequency bands. based on Airbus OneSat range, these satellites offer in-orbit reconfiguration and a flexible software-defines satellites, delivering cost-effectiveness and performance with Airbus quality assurance. The contract was finalized on December 2020.
Competitive Landscape
· Airbus
· Astra Digital
· Aurora Insight
· Boeing
· D-Orbit
· Eutelsat Communications
· Inmarsat Global Limited and more.
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North America to Dominate the Market
· The U.S. is at the forefront of development and deployment of SDS, with the Department of Defense, NASA, and commercial manufacturers. In addition, increasing high-value investments and deep space exploration is also expected to drive software-defined satellites market growth in this region.
· The Asia Pacific market is expected to register fastest revenue growth rate in the global software- defined satellites (SDS) market over the forecast period. This is due to high demand for satellite communication owing to easy connection between rural and remote locations.
The Software-Defined Satellite (SDS) Market Segmentation:
Based on Orbit Type
· Low Earth Orbit (LEO)
· Medium Earth Orbit (MEO)
Based on the Subsystems
· Payload
· Power System
· Propulsion System
Based on the Mass
· Small Software Defines Satellites
Based on Technology
· Software Defined Ratio
· Artificial Intelligence
Based on End-user
· Government & defense
· Academic
Based on region:
· Asia Pacific
· North America
· Europe
· South America
· Middle East & Africa
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Frequently Asked Questions
· What are the years considered to study Software Defined Satellite (SDS) Market?
· What is the compound annual growth rate (CAGR) of the Software-Defined Satellite (SDS) Market?
· Which region holds the largest market share in Software-Defined Satellite (SDS) Market?
· Which region is the fastest growing in Software-Defined Satellite (SDS) Market?
· Who are the major players in Software-Defined Satellite (SDS) Market?
In addition to the market data for the Software-Defined Satellite (SDS) Market, Delvens offers client-centric reports customized according to the company’s specific demand and requirements.
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