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The Satellite Ground Station Equipment Market is projected to grow by USD 6.60 trillion from 2024-2028, driven by rising investments in HTS communication, and a report on AI’s role in market transformation – Technavio

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NEW YORK, Aug. 27, 2024 /PRNewswire/ — The global satellite ground station equipment market size is estimated to grow by USD 6.60 trillion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  6.89%  during the forecast period. Increasing investments in HTS communication is driving market growth, with a trend towards emergence of mobile ground station. However, high initial investments  poses a challenge. Key market players include AAC Clyde Space AB, Baylin Technologies Inc, Comtech, CPI International Inc, ECA Group, EchoStar Corp., Gilat Satellite Networks Ltd., GomSpace Group AB, Inmarsat Ltd., Innovative Solutions In Space BV, Kratos Defense and Security Solutions Inc., Norsat International Inc., NovelSat, Satcom Direct Inc, Singapore Technologies Engineering Ltd., Teledyne Technologies Inc., Terrasat Communications Inc, Ultra Electronics Holdings Plc, Viasat Inc., and WORK Microwave GmbH.

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Satellite Ground Station Equipment Market Scope

Report Coverage

Details

Base year

2023

Historic period

2018 – 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 6.89%

Market growth 2024-2028

USD 6600 billion

Market structure

Fragmented

YoY growth 2022-2023 (%)

6.59

Regional analysis

North America, APAC, Europe, South America, and Middle East and Africa

Performing market contribution

North America at 38%

Key countries

US, China, Japan, Russia, and UK

Key companies profiled

AAC Clyde Space AB, Baylin Technologies Inc, Comtech, CPI International Inc, ECA Group, EchoStar Corp., Gilat Satellite Networks Ltd., GomSpace Group AB, Inmarsat Global Ltd., Innovative Solutions In Space BV, Kratos Defense and Security Solutions Inc., Norsat International Inc., NovelSat, Satcom Direct Inc, Singapore Technologies Engineering Ltd., Teledyne Technologies Inc., Terrasat Communications Inc, Ultra Electronics Holdings Plc, Viasat Inc., and WORK Microwave GmbH

Market Driver

The satellite ground station market encompasses equipment used to track, communicate, and process data from satellites. Establishing a ground station involves significant upfront investment, leading to the rise of mobile ground stations. These portable, cost-effective alternatives enable access to satellite signals in the absence of traditional stations. Mobile ground stations include power supply and network equipment like antenna units, terminal units, junction boxes, navigation equipment, and converters. Initially used domestically, mobile stations will expand for regional and international use, fueling demand for network equipment. This trend is projected to boost the global satellite ground station equipment market. 

The Satellite Ground Station Equipment Market is experiencing significant growth due to the increasing demand for digital broadcasting in rural areas. Terrestrial infrastructure limitations are driving satellite operators to invest in this sector. Cellular connectivity is another key trend, with financing from banks, private equity firms, and venture capitalists playing a crucial role. Key equipment includes radio frequency equipment, communication links, and radio frequency bands. Spectral efficiency, scheduling techniques, signal-to-noise ratio, network compression, and 5G networks are critical factors. Network capacity is a major concern, leading to the adoption of small cells and macro cell towers, as well as satellite-based backhaul. Remote sensing and Earth observation applications are driving bandwidth demand. Satellite constellations in C-band, S-band, K-band, X-band, and LEO segments are shaping the market. Frequency bands, orbit control, and 5G networks are essential for enhancing network capacity. The market is expected to grow further with the development of 5G networks and the increasing importance of satellite-based communication solutions. 

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Market Challenges

Establishing a satellite communication network involves significant upfront investments for both ground and space stations. Ground stations consist of network equipment, consumer devices, and more. Complexities in installing ground station equipment, such as aligning antennas and setting transmitters, contribute to high initial costs. Critical factors like accurately pointing VSAT dishes ensure effective communication channels. Satellite manufacturing, launch, and operations also demand substantial investments, totaling around USD200 million. Environmental challenges, like rain fade, can disrupt operations, leading to downtime and additional costs. These factors create uncertainty in estimating return on investment, potentially hindering growth in the global satellite ground station equipment market.The Satellite Ground Station Equipment Market is experiencing significant growth due to the increasing demand for satellite communication in various industries. Key equipment includes network hardware, NOC equipment, VSAT equipment, antennas, power units, gateways, VSATs, block upconverters, transceiver goods, and more. Challenges include integrating new technologies like NGSO satellite constellations, HTS satellites, 5G satellite, and IoT devices. This requires upgrading existing equipment and investing in new measurement and test equipment. The market is driven by demand from national weather centers, experiment labs, homeland security, defense, marine, search and rescue, space industry, and satellite services. Applications include voice-based services, high-speed internet, big data, artificial intelligence, data analytics, and earth observation. Frequency bands and interference management are critical considerations. The market is expected to grow rapidly due to the increasing demand for satellite communication in various sectors.

For more insights on driver and challenges – Request a sample report!

Segment Overview 

This satellite ground station equipment market report extensively covers market segmentation by  

Type 1.1 NOC equipment1.2 VSAT equipment1.3 Antennas1.4 Power units1.5 OthersGeography 2.1 North America2.2 APAC2.3 Europe2.4 South America2.5 Middle East and Africa

1.1 NOC equipment-  The Network Operations Center (NOC) plays a crucial role in managing satellite transmissions from earth stations and controlling satellite operations in orbit. NOC equipment includes frequency converters, amplifiers, satellite routers, bandwidth optimizers, modems, and BUCs. The increasing complexity and scale of satellite networks require robust management solutions, leading to the growth of the NOC equipment segment. High-throughput satellites (HTSs) and efficient bandwidth management further fuel this demand. Leading vendors, such as Hughes Network Systems, VT iDirect, and Comtech Telecommunications, offer advanced solutions with monitoring, automation, and analytics capabilities for efficient network management. The expansion of satellite-based services, including broadband internet, television broadcasting, and defense communications, necessitates sophisticated NOCs. Thus, the use of NOC equipment will continue to drive the growth of the NOC equipment segment of the global satellite ground station equipment market.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2017-2021) – Download a Sample Report

Research Analysis

The Satellite Ground Station Equipment Market encompasses a range of technologies and components used to establish and maintain communication between satellites in Earth’s orbit and ground-based operations. Key equipment includes network equipment for managing and transmitting data, antenna junction boxes and antenna systems for signal reception, terminal units for processing and converting signals, navigation equipment for satellite tracking, and converters for managing power and signal levels. High throughput satellites (HTS) and fixed satellite systems (FSS) are driving growth in the market, with applications spanning national weather centers, homeland security, defense, marine, search and rescue, space industry, satcom networks, satellite services, big data, and artificial intelligence. Reception antennas, feed horns, waveguides, and receivers are essential components of ground station equipment, enabling communication with low earth satellites and enabling satellite communication for various industries.

Market Research Overview

The Satellite Ground Station Equipment Market encompasses a range of technologies and equipment essential for establishing communication between satellites and ground networks. This includes mobile ground stations, network equipment, antenna junction boxes, antenna systems, terminal units, navigation equipment, converters, and HTS communication components. Fixed satellite systems and high-throughput satellites (HTS) utilize spot beams to serve underserved areas with business and maritime applications. Network hardware, NOC equipment, VSAT equipment, antennas, power units, gateways, VSATs, and various converters are integral components of these systems. HTS launches and the growth of NGSO satellite constellations continue to drive market expansion. Earth observation, frequency bands, high-speed internet, digital broadcasting, and rural areas are key applications. Radio frequency equipment, bandwidth, communication links, and spectral efficiency are critical considerations. The market caters to various industries, including homeland security, defense, marine, search and rescue, space industry, and satellite services. Financing from banks, private equity firms, and venture capitalists also plays a significant role in market growth.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

TypeNOC EquipmentVSAT EquipmentAntennasPower UnitsOthersGeographyNorth AmericaAPACEuropeSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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Who’s Working Remotely? Virtual Vocations Survey Highlights Evolving Jobseeker Demographics

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This survey underscores the diverse backgrounds and experiences of remote jobseekers, highlighting the growing demand for flexible work arrangements across various demographics.

TUCSON, Ariz., Dec. 27, 2024 /PRNewswire-PRWeb/ — With over 500 participants from the U.S. (69%) and international locations (31%), Virtual Vocations‘ 2024 demographics survey offers valuable insights into the evolving landscape of remote work. By comparing responses across these groups, the survey highlights shared experiences and unique challenges faced by jobseekers worldwide.

“Whether based in the U.S. or abroad, jobseekers are embracing remote roles to align their careers with their personal goals, and we’re proud to be a part of their journey.” –Laura Spawn, CEO and co-founder of Virtual Vocations

Although Virtual Vocations is a U.S.-based company, it supports international jobseekers through its fully remote job board and career resources, addressing the global demand for remote work opportunities. The company frequently receives inquiries from international members seeking to access fully remote roles, punctuating the worldwide appeal of flexible work arrangements.

“The 2024 demographics survey results reinforce what we’ve known for years—professionals around the world are seeking flexibility, balance, and opportunities to work from home,” said Virtual Vocations CEO Laura Spawn. “Whether based in the U.S. or abroad, jobseekers are embracing remote roles to align their careers with their personal goals, and we’re proud to be a part of their journey.”

Fully Remote Jobs Remain Most Desired

A significant 43% of U.S.-based jobseekers and 42% of international respondents named fully remote, no-travel jobs as their top preference. These roles, which allow employees to work entirely from home, offer flexibility, aligning with both personal and professional goals. Although occasional in-person requirements may arise, fully remote roles are favored over hybrid, partially remote, and “work from anywhere” options. These positions provide businesses with access to a broader talent pool and enable employees to prioritize workplace values and culture.

Top Industries for Remote Jobseekers

The survey also highlights four key industries attracting remote jobseekers worldwide. Information Technology (IT) stands out as the leading industry for remote roles, with significantly more job postings than any other field. Healthcare follows closely, benefiting from the growth of telehealth and remote medical roles. Customer service offers engaging opportunities for professionals interested in client interaction, while education presents a wide array of roles in online teaching, tutoring, and instructional design, fueled by the expansion of virtual learning.

Jobseekers’ Common Frustrations

Both U.S. and international jobseekers shared frustrations, particularly with online job scams. Jobseekers expressed dissatisfaction with the prevalence of scams, especially when searching for work-at-home positions. Despite relying on online job boards, only a quarter (23% of U.S. respondents and 24% of international respondents) use dedicated remote job boards, like Virtual Vocations, where job postings are thoroughly vetted to ensure they are free of scams. Additionally, many jobseekers expressed frustration with excessive job requirements and employers failing to provide feedback or “ghosting” applicants during the hiring process, with one-third of respondents from both groups reporting these issues.

Income Insecurity: A Global Concern

Income insecurity remains a pressing issue for both U.S. and international jobseekers, with many reporting their earnings as insufficient for comfortable living. Sixty-five percent of U.S. respondents and 77% of international respondents reported inadequate household incomes. Nearly half (48%) of U.S. jobseekers earn less than $60,000 annually, while 68% of international jobseekers earn under $30,000. To improve financial stability, many jobseekers have set income targets, with 30% of U.S. jobseekers aiming for $60,000–$89,999 and another 30% targeting at least $120,000. In contrast, international respondents generally require lower salaries, with 38% seeking $30,000–$59,999 and 32% aiming for $60,000–$89,999.

For a comprehensive analysis and additional insights, read the full demographics survey report here: https://www.virtualvocations.com/blog/annual-statistical-remote-work-reports/remote-work-demographics-survey-results-2024/

ABOUT VIRTUAL VOCATIONS
Founded in 2007 by CEO Laura Spawn and her brother, CTO Adam Stevenson, Virtual Vocations is a small company with a big mission: to connect jobseekers with legitimate remote job openings. To date, Virtual Vocations has helped more than four million jobseekers in their quests for flexible, remote work.

In addition to providing a database of current, hand-screened, and 100% remote job openings, Virtual Vocations offers jobseekers a number of tools to aid in their job searches, including exclusive career courses, downloadable jobseeker content, and career coaching and resume writing services. Virtual Vocations also releases several data-driven reports each year on current trends in remote work.

Virtual Vocations, Inc. is a private, family-owned, and 100% virtual company incorporated in Tucson, Arizona.

Media Contact

Kimberly Back, Virtual Vocations, Inc., 1 (800) 379-5092 x. 703, kim@virtualvocations.com, https://www.virtualvocations.com

View original content to download multimedia:https://www.prweb.com/releases/whos-working-remotely-virtual-vocations-survey-highlights-evolving-jobseeker-demographics-302339757.html

SOURCE Virtual Vocations, Inc.

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Judge Baker Children’s Center d/b/a The Baker Center for Children and Families Provides Notice of Data Security Incident

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BOSTON, Dec. 27, 2024 /PRNewswire/ — Judge Baker Children’s Center d/b/a The Baker Center for Children and Families (“The Baker Center”), a nationally recognized provider of services for children’s mental health, has learned of a data security incident that may have impacted certain personal and / or protected health information. On December 27, 2024, The Baker Center formally notified potentially affected individuals with available address information and provided resources to assist them.

On July 28, 2024, The Baker Center discovered unusual activity within its local digital storage environment. After taking immediate steps to ensure the environment was secure, The Baker Center enlisted independent cybersecurity experts to conduct an investigation to determine what happened and whether sensitive information may have been impacted. According to the investigation, an unauthorized actor gained access to The Baker Center’s systems between July 26 – 28, 2024 and may have downloaded certain files. Following a thorough review of the impacted files, on October 28, 2024, The Baker Center determined that certain individuals’ personal and/or protected health information was potentially impacted during the incident.

The information affected during this incident varies between individuals but may have involved the following: name, address, date of birth, Social Security number, driver’s license or other government identification number, financial account information, health insurance information, medical treatment or diagnosis information, and/or clinical information.

On December 27, 2024, The Baker Center mailed notification letters to potentially impacted individuals with verifiable address information. The letters include information about this incident and about steps that potentially impacted individuals can take to monitor and help protect their personal and protected health information. The Baker Center has established a toll-free call center to answer questions about the incident and to address related concerns. The call center can be reached at 844-920-8988, Monday through Friday from 9:00 AM to 9:00 PM Eastern time

The Baker Center takes the security and privacy of information in its possession very seriously and is taking steps to prevent a similar event from occurring in the future. The Baker Center deeply regrets any inconvenience or concern this incident may cause.

View original content:https://www.prnewswire.com/news-releases/judge-baker-childrens-center-dba-the-baker-center-for-children-and-families-provides-notice-of-data-security-incident-302339677.html

SOURCE The Baker Center for Children and Families

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outboundIQ Achieves Certified Implementation Partner (CIP) Status with Five9

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Delivering Optimized, Outbound-Focused Contact Center Solutions for Modern Businesses

LAUDERDALE LAKES, Fla., Dec. 27, 2024 /PRNewswire/ — outboundIQ www.outboundiq.com proudly announces its accreditation as a Five9 Certified Implementation Partner (CIP), a distinction that reflects its deep expertise in optimizing and streamlining outbound-focused contact center operations. With a team of seasoned Five9 veterans, expert programmers, and industry thought leaders, outboundIQ is uniquely equipped to help businesses of all sizes unlock the full potential of Five9’s Virtual Contact Center platform.

Optimized Solutions for Complex Contact Center Needs
outboundIQ specializes in providing expedited, outbound-focused contact center implementations, integrating advanced features such as inbound and outbound Voice, SMS, Chat, Email, Salesforce Integration, and other third-party app integrations. Clients can also leverage ongoing optimization engagements and monthly retainers for strategic consulting designed to support long-term, outreach-focused success.

“Who better to handle your domain configuration than the experts that understand the outbound contact center world. To be an outbound expert, you must know 3 things; how to configure the domain front end, how the architecture interprets that design, and how carriers respond to your dialing behavior as a result of the build. outboundIQ has the advantage of deeply understanding all 3 things. Our experts are seasoned professionals that will guide toward the best build for your business. You tell us about your business, your needs and your processes, and we will build you a domain fit for purpose. outboundIQ offers best in class Domain Optimization, Implementation and Consulting for customers of all sizes and complexity. Due to our methodology and proprietary automations, we are able to bring our customers’ projects to life within accelerated timeframes.”

Jessica Clay, VP Support and Services

“We launched our business in June and were fortunate to connect with the incredible team at outboundIQ early on. Navigating the world of outbound calling and building efficient prospecting systems isn’t easy, but the entire team at outboundIQ brought our vision to life seamlessly. They implemented our ideas quickly and executed them flawlessly. Since partnering with them, our contact rates have significantly improved, our conversions have increased, and our overall business is thriving. We’re deeply grateful for this collaboration and look forward to continuing our work together on future endeavors!”

– Tim, Lit Financial

“I genuinely don’t know enough ways to thank the entire outboundIQ team. I inherited a domain riddled with mistakes, tangled beyond belief, and I had essentially planned to scrap the whole thing and start over. That’s when this team, led by Jessica Clay’s brilliance, took over to understand exactly what I wanted to create and completely revitalized my domain. We are all beyond thankful as they continue to consult for us to this day and I see no reason to stop. Thank you, Jessica, Jason, Rudy, Bruno, Sandy and everyone who gets the pleasure of working with these domain geniuses!”

– Michael, Lifetime Home Remodeling

A Holistic Approach to Outbound Excellence
Creating a competitive, consumer-focused outreach program requires more than just advanced technology. As outboundIQ explains, a thriving contact center functions like a high-performing racing team:

The Car: Five9 Virtual Contact Center provides a cutting-edge technology foundation.The Driver: Strong Dialer Administrators who skillfully manage operations.The Pit Crew: IT/Support teams ensuring seamless functionality.The Spotters: Data Analytics and Reporting experts optimizing performance.The Fuel: High-quality data driving better outcomes.

outboundIQ’s professional services team brings these critical elements together, ensuring clients achieve best-in-class outbound operations that prioritize consumer experience while maintaining a competitive edge.

A Call to Collaboration
With its new CIP certification, outboundIQ invites businesses to explore select partnership opportunities and projects to reimagine their contact center operations. Whether through expedited implementations or ongoing strategic consulting, outboundIQ is committed to driving measurable results for its clients.

About outboundIQ
outboundIQ delivers optimized, outbound-focused contact center implementations, combining years of Five9 expertise with cutting-edge strategies to help businesses achieve exceptional outreach outcomes. As a Five9 Certified Implementation Partner, outboundIQ provides tailored solutions to meet the unique needs of modern organizations.

About Five9
Five9 is a digital enterprise’s leading cloud contact center and software provider. The Five9 Intelligent CX Platform is reliable, secure, compliant, and scalable, designed to create exceptional personalized customer experiences.
www.five9.com

Media contact: 
Sandy Tafur
Phone: 404-660-5314
mail: sandy@outboundiq.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/outboundiq-achieves-certified-implementation-partner-cip-status-with-five9-302339797.html

SOURCE outboundIQ

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