Market Size of Sudan Satellite Transponder Industry
| Study Period | 2018 - 2029 |
| Base Year For Estimation | 2022 |
| Market Size (2024) | USD 63 Million |
| Market Size (2029) | USD 74 Million |
| CAGR (2024 - 2029) | 3.27 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Sudan Satellite Transponder Market Analysis
The Market size is estimated at USD 63 million in 2024, and is expected to reach USD 74 million by 2029, growing at a CAGR of 3.27% during the forecast period (2024-2029).
Space projects in Sudan primarily involve initiatives carried out by universities, research centers, and institutes. The primary focus of these research endeavors lies in the domains of astronomy, remote sensing, and small satellite technology.
The various entities involved in these efforts strive to advance the knowledge and application of space science and technologies by organizing workshops, commemorating international occasions, and actively participating in national, regional, and international conferences and workshops.
Competition from fiber-optic transmission cable networks and the requirement of huge capital investment are major restraints that hamper the growth of the Sudanese satellite transponder market.
The growing demand for satellite communication and earth observation and satellite IoT and M2M services are the major trends in the Sudanese satellite transponder market. The increasing demand for broadband over satellite is expected to boost the market further.
