Global Mobile Satellite Services Market research report offers a panoramic view of the Mobile Satellite Services Market , regulatory framework, and macro- and micro-economic factors that influence the growth of the industry. The report strives to offer authentic information about the Mobile Satellite Services Market size, share, product portfolio, revenue estimations, and growth rate. The report has been formulated through extensive primary and secondary research along with verified and reliable data obtained from industry experts and professionals.
The global mobile satellite services market size was USD 5.47 Billion in 2022 and is expected to register a steady revenue CAGR of 6.6% during the forecast period, according to latest analysis by Emergen Research. Rising demand for real-time tracking and monitoring services is the primary factor driving market revenue growth. Mobile Satellite Services (MSS) are a collection of services to connect mobile devices and vehicles in distant and underserved locations.
Key participants include
Inmarsat Global Limited, EchoStar Corporation, Eutelsat Group, Viasat, Inc., Iridium Communications Inc., Thuraya Telecommunications Company, Thales group, GLOBALSTAR INC., Intelsat, and Icom Inc.
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Drivers:
One of the primary drivers propelling the growth of the mobile satellite services market is the growing need for reliable and resilient communication solutions in remote and challenging environments. Satellite-based communication networks offer coverage in areas where terrestrial infrastructure is lacking or insufficient, such as rural regions, maritime zones, and disaster-affected areas. MSS providers offer voice and data connectivity services to users in these locations, including government agencies, enterprises, and individual consumers, ensuring connectivity and communication continuity in critical situations.
Research Methodology
Emergen Research follows a cohesive methodology to reduce the residual errors to a minimum level by refining the scope, validating through primary insights, and nurturing the in-house database on a regular basis. A dynamic model is formulated to capture the regular fluctuations in the market and thereby, being updated with any shifts in the market dynamics. The parameters and variables involved in the research vary depending on individual markets and most importantly, both demand and supply side information is included in the model to identify the market gap.
Key Objectives of the Global Mobile Satellite Services Market Report:
- An all-inclusive analysis and forecast estimation of the market have been included in this report.
- The report offers valuable insights into the major drivers, limitations, opportunities, and challenges faced by the global Mobile Satellite Services Market
- and its leading players.
- The report sheds light on the prominent market contenders, as well as their business strategies and long-term expansion plans.
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Restraints:
Despite the promising growth prospects, the mobile satellite services market faces challenges such as regulatory constraints, competition from terrestrial networks, and the high cost of satellite infrastructure. Regulatory barriers and spectrum licensing requirements may limit the deployment of satellite networks in certain regions, hindering market expansion and investment opportunities for MSS providers. Additionally, the emergence of terrestrial technologies such as 5G and low-earth orbit (LEO) satellite constellations poses competitive challenges for traditional geostationary satellite operators in the mobile connectivity market.
Mobile Satellite Services Market Segment Analysis
Emergen Research has segmented the global mobile satellite services market on the basis of equipment, frequency, services, application, end-use, and region:
· Equipment Outlook (Revenue, USD Billion; 2019–2032)
- Satellite Phones
- Satellite Data Terminals
- Broadband Global Area Network
- Satellite Modems
- Other Equipment
· Propulsion Type Outlook (Revenue, USD Billion; 2019–2032)
- L Band
- Low Data Rate
- Data Transmission
- Others
- S Band
- Telemetry
- Remote Sensing
- Others
- Ku Band
- Corporate Networks
- Remote Field Operations
- Others
- Others
- L Band
· Services Outlook (Revenue, USD Billion; 2019–2032)
- Voice Services
- Push-To-Talk Services
- Emergency Communication Services
- Other Voice Services
- Data Services
- Voice and Data Services
- Tracking and Monitoring Services
- Geographic Information System (GI)S and Navigation Services
- Video Streaming and Broadcasting Services
- Messaging Services
- Internet of Things (IoT) Services
- Other Data Services
- Frequency Conversion
- IoT and Telemetry Tracking and Monitoring
- Voice Services
· Application Outlook (Revenue, USD Billion; 2019–2032)
- Land Mobile Satellite Service
- Maritime Mobile Satellite Service
- Aviation and Aeronautics Mobile Satellite Service
- M2M Mobile Satellite Service
- Other Applications
Regional Overview:
The global Mobile Satellite Services Market market has been categorized on the basis of key geographical regions into North America, Asia Pacific, Europe, Latin America, and Middle East Africa. It evaluates the presence of the global Mobile Satellite Services Market market in the major regions with regards to market share, market size, revenue contribution, sales network and distribution channel, and other key elements
The report considers the following timeline for market estimation:
- Historical Years: 2017-2018
- Base Year: 2019
- Estimated Year: 2027
- Forecast Years: 2020-2027
Global Mobile Satellite Services Market Report – Table of Contents:
- Chapter 1 includes the global Mobile Satellite Services Market market introduction, followed by the market scope, product offerings, growth opportunities, market risks, driving forces, and others.
- Chapter 2 broadly categorizes the Mobile Satellite Services Market market on the basis of geography, and determines the sales, revenue, and market shares of each region over the estimated period.
- Chapter 3 elaborates on the competitive outlook of the Mobile Satellite Services Market market, focusing on the major manufacturers and vendor landscape.
- Chapter 4 exhaustively studies the key manufacturers of the Mobile Satellite Services Market industry, along with their anticipated sales and revenue shares.
- Chapters 5 includes market segmentation based on product type, application range, and market players.
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About Emergen Research
Emergen Research is a Market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer Market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
