Global High-altitude Pseudo Satellites (HAPS) Market 2019-2023
About High-altitude Pseudo Satellites
High-altitude pseudo-satellites (HAPS) are aircraft, airships or balloons that fly in the stratosphere (12 miles to 31 miles above ground) and can provide a variety of services aver regional coverage areas.
Technavio’s analysts forecast the global high-altitude pseudo satellites market to grow at a CAGR of 10.11% during the period 2019-2023.
Covered in this report
The report covers the present scenario and the growth prospects of the global high-altitude pseudo satellites market for 2019-2023. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global High-altitude Pseudo Satellites Market 2019-2023
Technavio recognizes the following companies as the key players in the global high-altitude pseudo satellites market: Airbus, Alphabet, AUGUR – RosAeroSystems, Prismatic Theme, and Thales Group.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is increased mobility offered by HAPS. The increased mobility offered by HAPS due to their inherent ability to take off and land allows for flexible and prompt deployment. Thus, they are expected to develop into a new platform with the potential to complement or even replace satellites.”
According to the report, one driver in the market is performance and cost benefits over geostationary satellites. Growing demand for high-capacity wireless services, especially last mile deliveries has posed challenges to telecommunication service providers. Given the need for an extensively large number of base stations to provide proper wireless communication services, coverage of terrestrial networks is limited in some regions and very costly to operate.
Further, the report states that one challenge in the market is spectrum management challenges. Congestion is challenging certain frequency bands given the rapid growth in the number of wireless devices. Allocating dynamic frequencies of the spectrum become more difficult during conflicts or disaster relief operations. The deployment of highly-advanced autonomous airborne platforms for coordinated missions by military agencies has raised the need to develop real-time spectrum-sharing capabilities.
AUGUR - RosAeroSystems
Theme Thales Group
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