Global Mobile Satellite Services (MSS) Market, By Services (Data, Video, Voice, Tracking, Monitoring Services), Access Type (Land Mobile, Maritime, Aeronautical), Vertical (Oil, Gas, Military, Defence, Aviation, Media, Entertainment, Mining, Transportation, Other), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)– Industry Trends and Forecast to 2025
Market Analysis: Global Mobile Satellite Services (MSS) Market
The Global Mobile Satellite Services (MSS) Market was valued at USD 3,500.4 million in 2017 and is expected to reach USD 5,604.2 million in 2025, growing at a healthy CAGR of 7.9% for the forecast period of 2018 to 2025. The upcoming market report contains data for historic year 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
Market Definition: Global Mobile Satellite Services (MSS) Market
Mobile satellite services (MSS) offers communication services for emergency situations. It provides voice, fax, paging, high-speed data, low-speed data and broadcast and video on demand services. The MSS systems can be of geostationary orbit (GEO), medium earth orbit (MEO) and low earth orbit (LEO) systems. The major advantage of using MSS is they provide priority access, global connectivity, access diversity and terrain independence. It uses lower frequencies such as S-band and L-band frequencies of radio spectrum that find its applications in mobile communications, maritime and other transport-related services. For instance, in 2018, Spacecom signed cooperation agreement with hiSky to develop MSS and satellite Internet of Things (IoT) services in the Middle East. This agreement enables Amos 17’s Ka-bands to be developed with hiSky’s Smartellite family satellite terminals. Thus, the mobile satellite services market is growing rapidly in due to increasing integration of satellite and terrestrial mobile technology
- Emerging developments in digital technology
- Growing demand for mobility
- Rising integration demands of satellite and terrestrial mobile technology
- Increasing focus of data applications and services
- Policy and regulatory issue
- Congestion of frequency bands and orbits
Segmentation: Global Mobile Satellite Services (MSS) Market
- Tracking and Monitoring Services
- Land Mobile
- Oil and Gas
- Military and Defence
- Media and Entertainment
- North America
- United Kingdom
- Rest of Europe
- South Korea
- Rest of Asia-Pacific
- South America
- Rest of South America
- Middle East & Africa
- South Africa
- Saudi Arabia
- United Arab Emirates
- Rest of MEA
Competitive Landscape: Global Mobile Satellite Services (MSS) Market
The global mobile satellite services (MSS) market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of mobile satellite services (MSS) market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
In 2013, Inmarsat partnered with Telespazio to develop mobile satellite services. This Mobile satellite services (MSS) was aimed to provide service to machine-to-machine and remote applications.
Key Market Competitors: Global Mobile Satellite Services (MSS) Market
The key players operating in the global mobile satellite services (MSS) market are –
- Globalstar, Inc.
- Iridium Communications, Inc.
- Echostar Corporation
- Intelsat General Corporation
The other players in the market are Singtel, Viasat, Telstra, Hughes Network Systems, Kongsberg, Ligado Networks, Mitsubishi Electric, Raytheon, Thuraya, TrustComm, Comtech Telecommunications, Harris CapRock Communications, Thrane & Thrane A/S, ViaSat, and many more.
Research Methodology: Global Mobile Satellite Services (MSS) Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request an Analyst Call or can drop down your inquiry.
The key research methodology used by DBMR Research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis to know more about the research methodology, drop in an inquiry to speak to our industry experts.
Key Insights in the report:
- Historical and current market size and projection up to 2025
- Market trends impacting the growth of the global mobile satellite services (MSS) market
- Analyze and forecast the mobile satellite services (MSS) market on the basis of services, access type, and vertical
- Trends of key regional and country-level markets for services, access type, and vertical
- Company profiling of key players which includes business operations, product and services, geographic presence, recent developments and key financial analysis