Software Defined Satellite (SDS) Market – Trends Forecast Till 2030

Market Snapshot

Market Overview

The global Software-Defined Satellite (SDS) market size was estimated at USD 2.8 billion in 2023 and is projected to reach USD 6.5 billion in 2030 at a CAGR of 12.7% during the forecast period 2023-2030.

Software Defined Satellites (SDS) are a type of satellite that can adjust their communication channels and bandwidth dynamically. This means that they can provide high-bandwidth connectivity, which is ideal for applications that require rapid and low-latency data transmission. SDS are particularly useful for applications such as remote sensing, earth observation, and military communications, where high-bandwidth connectivity is essential. The demand for more sophisticated communication techniques is one of the primary factors driving the growth of the software-defined satellite market. As more and more applications require high-bandwidth connectivity, the demand for SDS is likely to increase in the coming years. SDS can also be used to provide backup communication channels in case of emergencies, making them a valuable asset for disaster response and recovery efforts.

Software Defined Satellites (SDS) are satellites that can adapt to changing requirements and frequencies, which makes them highly desirable for communication purposes. The demand for contemporary communication strategies is driving the market for SDS, as they offer improved contact capabilities. SDS can adapt to shifting requirements and frequencies, which means they can provide better communication services than traditional satellites. The demand for software-defined storage is growing primarily due to the evolution of cloud computing, which requires flexible and scalable storage solutions. SDS are a type of software-defined storage, which means they can be easily integrated into cloud computing environments. However, the cost of software-defined storage could impede its expansion, as it may be more expensive than traditional storage solutions.

The spread of the COVID-19 pandemic resulted in disruption on a complex global supply chain for components and materials. Restrictions on manufacturing and transportation due to lockdowns and other measures aimed at controlling the pandemic might have led to disruptions in the supply chain, affecting production schedules and project timelines.

Delvens Industry Expert's Standpoint

The government and defense segment is expected to grow rapidly in the global Software Defined Satellites (SDS) market. SDS has a significant impact on government and defense applications as it provides improved flexibility, adaptability, and security, enabling more effective and quick satellite operations.

It makes easier for diverse government and defense organizations to use different satellite networks and systems. SDS enables seamless integration and coordination of satellite activities during coalition missions or operations with allied troops. SDS provides enhanced security features, such as encryption and authentication, to protect sensitive government and defense data. SDS allows for more efficient use of satellite resources, reducing costs and increasing operational efficiency. It uses software-defined interfaces and protocols, which enable easy reconfiguration and customization of satellite systems to meet changing mission requirements. SDS also enables the use of advanced technologies, such as artificial intelligence and machine learning, to improve satellite operations and data analysis.

Market Portfolio

Key Findings

• On the basis of orbit, the global software-defined satellites (SDS) market is segmented into Geosynchronous Earth Orbit (GEO), Low Earth Orbit (LEO), and Medium Earth Orbit (MEO). The Geosynchronous Earth Orbit (GEO) segment is expected to register significantly fast revenue growth rate in the global SDS market over the forecast period. This is because GEOs lifetime expectation is as high as 15 years. Ability to cover a large geographical area, while providing continuous visibility from a single fixed location on the Earth makes it ideal for broadcasting and multi-point distribution applications. Such features enable efficient and reliable long-distance communication as well.

• On the basis of subsystem, the global software-defined satellites (SDS) market is segmented into payload, power system, propulsion system, on-board computer, telecommunication, structure, and attitude control system. The payload segment is further sub-segmented into earth observation, communication, and navigation. The power system segment into batteries, solar cells, and others. The propulsion system segment into thrusters, propellant tank, valves & regulators, and others. The payload segment accounted for largest revenue share in the global SDS market in 2022. Payload of a software-defined satellite can be modified through software updates to adapt to changing mission needs or to enable new applications. Provision of flexibility and cost-effectiveness as these can be further utilized again for numerous missions without requiring physical modifications are rising demand for payload subsystems in software defined satellites by satellite operators. Depending on the mission of satellite.

• On the basis of verticals, the global software-defined satellites market is segmented into Software- Defined Radio (SDR), Artificial Intelligence (AI), Cloud Computation, and The Software-Defined Radio (SDR) segment is expected to account for significantly large revenue share in the global software-defined satellites market over the forecast period. Software-defined satellites based radios are becoming increasingly common in both high-end and low-end applications as processing power becomes more cost-effective for implementing various software. One of the most significant advantages of SDR technology is that it can be designed to meet the exact demands of user; modest software changes can make radio exactly match the needs.
   
• The market is also divided into various regions such as North America, Europe, Asia-Pacific, South America, and Middle East and Africa. The North America market accounted for largest revenue share in the global software-defined satellites market in 2022. This is owing to rapid adoption of advanced technologies and deployment of 5G networks as well as high demand for satellite communication.

Regional Analysis

North America to Dominate the Market

• The U.S. is at the forefront of development and deployment of SDS, with the Department of Defense, NASA, and commercial manufacturers. In addition, increasing high-value investments and deep space exploration is also expected to drive software-defined satellites market growth in this region.
   
• The Asia Pacific market is expected to register fastest revenue growth rate in the global software- defined satellites (SDS) market over the forecast period. This is due to high demand for satellite communication owing to easy connection between rural and remote locations.

Competitive Landscape

• Airbus
• Astra Digital
• Aurora Insight
• Boeing
• D-Orbit
• Eutelsat Communications
• Inmarsat Global Limited
• Isotropic Systems
• L3Harris Technologies
• Lockheed Martin Corporation
• Maxar Technologies
• NanoAvionics
• Northrop Grumman
• NorthStar Earth & Space
• NVIDIA Corporation
• SatixFy
• Spire Global
• Thales

Recent Developments

• In february 2023, JANUS-1, the world's first cloud-built demo satellite fully conceived, designed, and manufactured by Ananth Technologies Ltd., Which is based in Bengluru India, was launched by Isro's mini-rocket SSLV-D2, JANUS-1 is a software defined 6U technology demonstration satellite that is built using Antaris cloud software platform and SatOSsoftware, as well as XDLinx's modular spacecraft bus.
   
• In january 2021, Intelsat and Airbus entered into an agreement to construct two OneSat satellites for its upcoming software-defined network, which will operate on multiple frequency bands. based on Airbus OneSat range, these satellites offer in-orbit reconfiguration and a flexible software-defines satellites, delivering cost-effectiveness and perfromance with Airbus quality assurance. The contract was finalized on december 2020.

Reasons to Acquire

• Increase your understanding of the market for identifying the most suitable strategies and decisions based on sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends, and factors.
   
• Gain authentic and granular data access for the Software-Defined Satellite (SDS) Market to understand the trends and the factors involved in changing market situations.
   
• Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future.
   
• In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns.

Report Scope