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Maritime Satellite Communication Market to 2017-2027: Inmarsat communications, Iridium communications, Thuraya Telecommunications Company, Hughes Network System LLC., KVH Industries, VIASAT

12-04-2018 11:04 AM CET | IT, New Media & Software

Press release from: Maritime Satellite Communication Market

Maritime Satellite Communication Market to 2017-2027:

The report analyzes and presents an overview on "Maritime Satellite Communication Market: Global Industry Analysis and Opportunity Assessment 2017-2027" worldwide.

Maritime satellite communication system market is growing significantly due to increase in need of reliable data communication across remote marine regions. The scope of maritime satellite communication has increased due to rise in operational efficiency and on board security. It is used in various applications like naval forces, merchant navy and coastal fields.

The three main components of very small aperture technology are satellite, central hub and number of smaller nodes. These components are placed at various remote location connected together in either star or mesh topology using satellite network. Moreover, if there is need to implement additional network in the current network, it is done by network operation center (NOC) at central hub.

Maritime Satellite Communication: Drivers and Challenges

The major factor driving the adoption of modern technologies such as very small aperture terminal (VSAT) and maritime satellite communication (MSS) due to its improved communication reliability. Very small aperture terminal technology is widely adopted by naval forces and coastal security due to its enhanced characteristics such as easy to install, cheaper and smaller in size. High-end security solutions of VSAT technology are used to protect from seaborne threats and obstructions, it is another major driving factor for the growth of maritime satellite communication system market.

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The major restrains faced by maritime satellite communication system are due to high initial installment cost and rain attenuation. However, due to advancement in technologies such as internet lease line and 4G cellular, to cope up with these rapidly changing technology is another major challenge faced by many maritime satellite communication system vendors.

Maritime Satellite Communication: Segmentation

Segmentation on the basis of type

Very small aperture terminal (VSAT)
Mobile Satellite Services (MSS)
Segmentation on the basis of Service

Video
Data
Voice
Tracking and Monitoring

Segmentation on the basis of end user

Merchant Shipping
Fishing
Passenger ships
Leisure Vessels
Offshore

Maritime Satellite Communication: Regional Overview

Presently, North America and Asia pacific regions are holding largest market share of maritime satellite communication system due to rapid adoption and deployment of low cost cloud solutions. The adoption of IT network and satellite communication for shipping and offshore industry is also impacting the market of maritime satellite communication system in positive manner in these region.

The market of maritime satellite communication is witnessing slow growth rate in the regions of Latin America and African regions, due to slow technological adoption of communication system.

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Maritime Satellite Communication: Key Players

Some of the key players of Maritime Satellite communication system market are: Inmarsat communications, Iridium communications, Thuraya Telecommunications Company, Hughes Network System LLC., KVH Industries, VIASAT, Harris Caprock, Royal Imetech N.V. and Globecomm Systems.

The report covers exhaustive analysis on:

Maritime Satellite CommunicationMarket Segments
Maritime Satellite Communication MarketDynamics
Historical Actual Market Size, 2014 - 2016
Maritime Satellite CommunicationMarket Size & Forecast 2017 to 2027
Value Chain
Maritime Satellite CommunicationMarket Current Trends/Issues/Challenges
Competition & Companies involved
Maritime Satellite Communication MarketDrivers and Restraints
Regional analysis for Maritime Satellite Communication, market includes development in the following regions:

North America
US
Canada
Latin America
Brazil
Mexico
Others
Europe
U.K.
France
Germany
Poland
Russia
Asia Pacific
Australia and New Zealand (ANZ)
Greater China
India
ASEAN
Rest of Asia Pacific
Japan
Middle East and Africa
GCC Countries
Other Middle East
North Africa
South Africa
Other Africa

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

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Report Highlights:

Detailed overview of parent market
Changing market dynamics of the industry
In-depth market segmentation
Historical, current and projected market size in terms of value
Recent industry trends and developments
Competitive landscape
Strategies of key players and product offerings
Potential and niche segments/regions exhibiting promising growth
A neutral perspective towards market performance
Must-have information for market players to sustain and enhance their market footprint

MarketResearchReports.biz is a seller of syndicated market studies, featuring an exhaustive collection of research reports from leading international publishers. Our repositoryis diverse, spanningvirtually every industrial sector and even more every category and sub-category within the industry. We also provide consulting services to enable our clients have adynamicbusiness perspective.

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