India Sky-Based Communication Market to grow at a CAGR of 27% in the forecast period of 2021-26

According to MarkNtel Advisors, the India Sky-Based Communication Market is likely to grow at a CAGR of 27% in the forecast period of 2021-26.
 
NOIDA, India - Aug. 23, 2021 - PRLog -- The prime factor supporting the rapid growth is the increasing demand for Sky-Based Communication in numerous applications like audio broadcasting & voice communications.

"India Sky-Based Communication Market Analysis, 2021-26" also cites the growing adoption of Direct to Home (DTH) in media & telecom applications providing high-quality content to subscribers shall make a positive impact on the market growth. Moreover, the advent adoption of satellite telemetry, automatic identification system, and Very Small Aperture Terminal markets with improved uplink frequency shall further fuel the market growth in the forecast period and present remunerative opportunities for the market players.

However, on the other hand, the satellite manufacturing facilities got shut, which resulted in the delay of projects & initiatives to enhance Sky-Based Communication. However, with the gradual upliftment of restrictions, the India Sky-Based Communication Market is set to regain its usual pace and recover from all losses in the forecast period.

Aerospace & Defense to Attain the Largest Market Share in the Forecast Period
Based on End-Users, the India Sky-Based Communication Market segments into Mobility (Maritime, Aerospace & Defense, Transportation & Logistics, Government & Public Safety, and Others) and Non-Mobility (Media & Telecom, Enterprises, Agriculture, and Others). Of them all, the Aerospace & Defense sub-segment of the Non-Mobility Segment is more likely to attain the largest share in the forecast period.

It owes to the increasing use of Sky-Based Communication to establish & grow connectivity across the assets. Additionally, rapidly developing unmanned aircraft systems and their non-military application are also surging the demand for these systems across Aerospace & Defense.

Moreover, several operations beyond the Line of Sight require communication through Sky-Based Systems to connect the aircraft & the ground-based pilot to reclaim images & data. Further, the increasing use of these communication mediums across the Aerospace & Defense with uninterrupted communication is also propelling the segment to attain the largest market share, states MarkNtel Advisors in their research report, "India Sky-Based Communication Market Analysis, 2021-26."

For more information visit: https://www.marknteladvisors.com/research-library/india-sky-based-communication.html

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Industry:Aerospace
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