Satellite Constellation Operations Software Market

Innovative Business Models and Intense Competition Drive the Software-defined Satellite Market

Satellite industry demands are shifting from telecommunications to Internet connectivity. A growing need for power, data, and services in areas with limited capabilities is driving the market. The satellite industry is revising its business model to fulfill demands and increase revenue. Due to this, the space industry is implementing the as-a-Service model, allowing total outsourcing of satellite data and services to include the design, development, launch, and operation of the satellite, as well as data processing and delivery. The transition from hardware to software while integrating traditional satellites is complex and time-consuming, but the market will benefit from this change. This study analyzes qualitative information on the software-defined satellite market and discusses important components that support the changes in the satellite industry, drivers, and restraints. This report examines the impact of new software-defined satellites on traditional satellites and ground infrastructure. In addition, it evaluates how cybersecurity threats are a challenge to software-defined satellites.

Key Issues Addressed:

• What are the key drivers and restraints affecting the industry?

• What are the current developments in the software-defined satellite market?

• What is the impact of software-defined satellites on traditional satellite manufacturing?

• What is the impact of software-defined satellites on the ground segment?

• How vital is cybersecurity to software-defined satellites?

• What are the industry growth opportunities?