Software Defined Satellite Market Prospects and Opportunities 2019-2030


Posted July 29, 2021 by bisrsrch

Focus on End User, Mass, Orbit Technology, Subsystem, and Services
 
The high growth of the software-defined satellite market is unprecedented for the satellite industry and is expected to bring about fundamental changes, owing to the established players in the market focusing on increasing their capabilities in order to gain a market share. Due to the ongoing efforts of industry players to develop high-end software-defined satellite solutions, the market is anticipated to grow at a rapid pace for space missions. Further, given the huge potential of the software-defined satellite market, a greater number of key strategic developments are expected to take place among space players over the coming years.

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Due to significantly enhanced capabilities of electronic and communication technology, flexibility to alter the in-orbit satellite missions, and increasing demand for autonomous satellites in deep space mission; there has been an extensive demand for software-defined satellites. However, the challenge to integrate satellites with terrestrial technologies and vulnerability to cyber-attacks are some of the major restraints for the market. This chapter of the report aims to provide an in-depth understanding of the major factors that will act as drivers, challenges and opportunities for the software-defined satellite market in the coming future.

Owing to the demand for increased versatility and adaptive satellites, there has been a constant alteration in the electronic technologies being deployed in the satellites. Extensive research has been conducted on new global information networks and electronic information management systems so as to focus on providing improved efficiency of the satellite, along with cost and size reduction. Exploring new forms of electronic technologies for components such as antenna, transceivers, amplifiers, on-board data handlers, on-board computers, and satellite sensor and conducting system-level optimization are the major drivers in the satellites industry which can help enable software-defined satellites revolution.

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The evolution in space industry is leading a trend to limit the drawbacks associated with space information systems. The concept of software-defined satellite was proposed in order to reach that feat of technology where information system becomes more transparent for operation. This software-defined trend is providing a cost-effective structure for various space missions. The developers for software-defined satellite bank on the technology reach in terms of operator’s requirement. The flexible payload is tailored in terms of the application requested, which include navigation, maritime, aircraft, communication, earth observation, and surveillance. Evolution in terrestrial technologies, which include emergence of various smart electronic products influences the satellite companies to provide advancement in parallel to the technology present, software-defined satellites provide aid in attaining such advancement.

Software-defined satellites are utilized by various end users such as academic, commercial, and government. Academic end users are mainly the educational institutes and universities, which are developing their own software-defined satellites for space exploration and scientific research. Commercial end users basically comprise the commercial industries, such as oil and gas, mining, and agriculture, which are utilizing software-defined satellites for their product mapping and earth exploration. Government end users are the space agencies which are operated by governments of different countries.

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Issued By BIS RSRCH
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Categories News , Research , Technology
Tags software defined satellite , software defined satellite market , software defined satellite market size
Last Updated July 29, 2021