Satellite Spectrum Monitoring Market Analysis by Trends, Size, Share, Growth Opportunities, and Emerging Technologies

The satellite spectrum monitoring industry garners $3,291.2 million revenue in 2021, and it is projected to advance at the rate of 7.1% from 2021 to 2030, and generate $6,127.3 million in 2030. It is led by intensifying signal interference caused by satellite communication propulsion, and rising spectrum congestion, led by technological advancements.

 

The expansion of the space sector is led by worldwide initiatives from various government organizations and investments made by entrepreneurs. In addition, numerous factors including new technologies appearance such as air-breathing propulsion systems, reusable launch vehicles, electronic propulsion systems, 3D printed electronic components and structures, resulted in industry propulsion.

 

In addition, the worldwide rise in the number of internet users results in a massive amount of data generation that further causes highly crowded and congested satellite spectrum monitoring. It boosts the satellite spectrum monitoring demand.

 

A cloud-based satellite spectrum monitoring approach is adopted for resolving the monitoring issues. It enables the sensor nodes for direct transmission of monitoring data to clouds and further carries multi-dimensional data with advanced cloud computing techniques with higher flexibility and extensibility.

 

North America leads the industry, valued at $1,291.2 million, and it is expected to rise at the rate of 7% from 2021 to 2030. It is attributed to the

penetration of key players in the region, with high involvement in developing and offering satellite spectrum monitoring solutions.

 

The major players operating in the industry are; Kratos Defense & Security Solutions Inc., Calian Group Ltd., Integrasys S.A., Rohde & Schwarz GmbH & Co., ST Engineering iDirect, National Instruments Corporation, Keysight Technologies Inc., and Narda Safety Test Solutions.

 

 

Therefore, rising internet penetration boosts the demand for satellite spectrum monitoring.