Research Methodology – Satellite Communication Market
At Straits Research, we adopt a rigorous 360° research approach that integrates both primary and secondary research methodologies. This ensures accuracy, reliability, and actionable insights for stakeholders. Our methodology for the Satellite Communication Market comprises the following key stages:
Market Indicator & Macro-Factor Analysis
Our baseline thesis for the Satellite Communication Market is developed by integrating key market indicators and macroeconomic variables. These include:
Factors considered while calculating market size and share
- Number of satellite launches
- Cost of satellite manufacturing and launch
- Government expenditures on satellite technology
- Demand for satellite communication in various sectors like military, media, etc.
- Rate of technological advancement in satellite communication
- Market value of the key players in satellite communication
- Global coverage of satellites and their services
- Competitive landscape (number of existing companies/providers, new entrants)
- Regulation affecting the operation and growth of satellite communication worldwide
Key Market Indicators
- Global satellite industry revenue
- Rate of growth in the satellite communication sector
- Increasing demand in various sectors
- Number of operational satellites
- Launch manifest (satellites scheduled for launch)
- Investments in Research & Development (R&D)
- Technological trends (innovations, improvement of technologies in use)
- Average lifespan of satellites
Growth Trends
- Proliferation of low earth orbit (LEO) satellites
- Increasing use of satellite communication in Internet of Things (IoT) technologies
- Surge in private companies venturing into the satellite industry
- Growth of communication needs in remote/rural areas
- Increasing government initiatives for space exploration
- Growth in the demand for higher bandwidth communication
- 5G deployment using satellite networks
- Increased use of nano and microsatellites for cost-effective solutions
Secondary Research
Our secondary research forms the foundation of market understanding and scope definition. We collect and analyze information from multiple reliable sources to map the overall ecosystem of the Satellite Communication Market. Key inputs include:
- Annual reports, investor presentations, SEC filings
- Company press releases and product launch announcements
- Public executive interviews and earnings calls
- Strategy briefings and M&A updates
- Country-level industry associations and trade bodies
- Government dossiers, policy frameworks, and official releases
- Whitepapers, working papers, and public R&D initiatives
- Relevant Associations for the Satellite Communication Market
- Broker reports and financial analyst coverage
- Paid databases (Hoovers, Factiva, Refinitiv, Reuters, Statista, etc.)
- Import/export trade data and tariff databases
- Sector-specific journals, magazines, and news portals
- Global macroeconomic indicators and their cascading effect on the industry
- Demand–supply outlook and value chain analysis
- Consumer behaviour, adoption rates, and commercialization trends
Primary Research
To validate and enrich our secondary findings, we conduct extensive primary research with industry stakeholders across the value chain. This ensures we capture both qualitative insights and quantitative validation. Our primary research includes:
- Key Opinion Leader (KOL) Engagements
- Structured interviews with executives, product managers, and domain experts
- Paid and barter-based interviews across manufacturers, distributors, and end-users
- Discussions with stakeholders to validate demand-supply gaps
- Group discussions on emerging technologies, regulatory shifts, and adoption barriers
- Cross-verification of market sizing and forecasts with industry insiders
- Capturing business perspectives on growth opportunities and restraints
Data Triangulation & Forecasting
The final step of our research involves data triangulation ensuring accuracy through cross-verification of:
- Demand-side analysis (consumption patterns, adoption trends, customer spending)
- Supply-side analysis (production, capacity, distribution, and market availability)
- Macroeconomic & microeconomic impact factors
- Time-series analysis
- Regression and correlation studies
- Baseline modeling
- Expert validation at each stage
Outcome
The outcome is a comprehensive and validated market model that captures:
- Market sizing (historical, current, forecast)
- Growth drivers and restraints
- Opportunity mapping and investment hotspots
- Competitive positioning and strategic insights
Available for purchase with detailed segment data, forecasts, and regional insights.
Get This ReportOur Clients:
