San Francisco, CA (PRWEB) October 07, 2012
Over the past five years, the Satellite Transmission Services industry in China has been growing at an annualized rate of 13.8% and is set to generate $285.9 billion in 2012, says IBISWorld. The industry has benefited from increasing demand for satellite television broadcasting and communications. The coverage of major sporting events, such as the 2008 Beijing Olympics and the Shanghai Asian Games, also had major effects on the industry's performance.
The industry has a high level of market share concentration. Satellite transmission services are strictly regulated by the government so entry into the industry is difficult, and the largest state-owned enterprises, China Satcom, CCTV Satellite, SINO Satellite Communications Company and Beijing Marine Communication and Navigation Company, enjoy enduring oligopoly benefits.
As an emerging high-tech industry providing various communication services, satellite transmission service operators have great market potential. However, the industry has faced a strong substitution threat from optical wire-based transmission services in recent years, says IBISWorld. Optical wires or cables are less costly to deploy and maintain, and are capable of providing higher bandwidth.
In 2007, SINOSAT-3, ChinaSat-6B and ChinaSat-9 were launched in China, which greatly increased the industry's capacity for television broadcasting and global positioning system (GPS) services. Satellite positioning and navigation services have become an important segment for the Satellite Transmission Services industry in China in the last two years as a result of inexpensive and domestically developed GPS devices.
For more information, visit IBISWorld’s Satellite Transmission Services industry in China report page.
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IBISWorld Industry Report Key Topics
Enterprises in the Satellite Transmission Services industry in China are engaged in satellite transmission services in fields such as telecommunications, radio and TV broadcasting.
Key External Drivers
Industry Life Cycle
Products & Markets
Products & Services
Globalization & Trade
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry
About IBISWorld Inc.
Recognized as the nation’s most trusted independent source of industry and market research, IBISWorld offers a comprehensive database of unique information and analysis on every US industry. With an extensive online portfolio, valued for its depth and scope, the company equips clients with the insight necessary to make better business decisions. Headquartered in Los Angeles, IBISWorld serves a range of business, professional service and government organizations through more than 10 locations worldwide. For more information, visit http://www.ibisworld.com or call 1-800-330-3772.