Global Mobile Satellite Services Market, By Service (Video Services, Voice Services, Data Services, and Tracking and Monitoring), Access Type (Land Mobile, Maritime, and Aeronautical), Industry Vertical (Oil and Gas, Media and Entertainment, Mining, Military and Defense, Aviation, Transportation and Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
The mobile satellite services market is expected to witness market growth at a rate of 7.20% in the forecast period of 2021 to 2028. Data Bridge Market Research report on mobile satellite services market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. Rapid digitization globally is escalating the growth of mobile satellite services.
Mobile satellite services (MSS) refer to the telecom services that are generally provided to the mobile users with the assistance of satellite technology for establishing communication between portable terminals or mobile devices. The availability of the mobile communication beyond the terrestrial-based wireless system is considered a salient feature of MSS.
The increase in demand for mobility across the globe acts as one of the major factors driving the growth of mobile satellite services market. The rise in the use of satellite communication services for IoT, as well as in the disaster management areas in developed regions, and increase in integration demands of satellite and terrestrial mobile technology accelerate the market growth. The increase in the utilization of technology in various range of applications, including telecommunication, weather prediction, and navigation, military intelligence, and space exploration, and continuous advancements in digital technology further influence the market. Additionally, digitization and urbanization, rise in investment, and focus of data applications and services positively affect the mobile satellite services market. Furthermore, reliability in quality of service (QOS) and improved frequency spectrum extend profitable opportunities to the market players in the forecast period of 2021 to 2028.
On the other hand, concerns regarding congestion of frequency bands and orbits and policy and regulatory issue are expected to obstruct the market growth. Lack of interoperability between MSS systems is projected to challenge the mobile satellite services market in the forecast period of 2021-2028.
This mobile satellite services market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on mobile satellite services market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Mobile Satellite Services Market Scope and Market Size
The mobile satellite services market is segmented on the basis of service, access type, and industry vertical. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of service, the mobile satellite services (MSS) market is segmented into video services, voice services, data services, and tracking and monitoring.
- On the basis of access type, the mobile satellite services (MSS) market is segmented into land mobile, maritime and aeronautical.
- On the basis of industry vertical, the mobile satellite services (MSS) market is segmented into oil and gas, media and entertainment, mining, military and defense, aviation, transportation, and others.
Global Mobile Satellite Services Market Country Level Analysis
The mobile satellite services (MSS) market is analyzed and market size, volume information is provided by country, component, deployment type, organization size, application and vertical as referenced above.
The countries covered in the mobile satellite services (MSS) market report are the U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America dominates the mobile satellite services (MSS) market due to the presence of advanced foothold technological infrastructure and improved network connectivity within the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Mobile Satellite Services Market Share Analysis
The mobile satellite services (MSS) market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to mobile satellite services (MSS) market.
The major players covered in the mobile satellite services (MSS) market report are Ericsson Inc., Globalstar Inc., Inmarsat Holdings Ltd., Iridium Communications Inc., Orbcomm Inc., Echostar Corporation, Intelsat General Corporation, Singtel Ltd., VirSat Inc., Telstra Corporation Ltd., ViaSat Ltd., Thuraya Telecommunications Co., Intelsat, ORBCOMM, Kongsberg, Ligado Networks, Mitsubishi Electric, SpaceQuest, TerreStar, Comtech Telecommunications among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.