Mobile Satellite Services Market 2020 Regional Trend & Growth Projections to 2025

Asia Pacific mobile satellite services market is estimated to show a faster adoption rate toward the mobile satellite and cellular services due to the advancements in digital infrastructure and the increased efforts taken by the government regarding the implementation of the 5G technology. The proliferation of IoT platforms and smartphones will also lead to an increase in the demand for space-based communication systems. To unleash the potential of IoT, the demand for satellite-based solutions will increase as these systems can easily handle widespread connectivity challenges.

North America is projected to dominate the mobile satellite services market size due to the advanced technological infrastructure and the improved network connectivity. The government agencies have also taken significant efforts to introduce new satellite and navigation systems, which have further triggered the growth of the satcom industry. For instance, in June 2018, the U.S. Air Force awarded a contract of USD 130 million to SpaceX for the launch of Air Force Space Command Satellite (AFSPC)-52 satellites in the late FY2020.

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The marine & defense sector is expected to witness a higher adoption of mobile satellite services market during the forecast timeline due to the introduction of many satellite and cellular service systems. For instance, in March 2018, COMSAT teamed up with Iridium to provide secure global communications to government & military users. Under the partnership, the COMSAT leveraged the benefits of Iridium network, including on-the-move connectivity, providing services that meet the communications security requirements for the U.S. Department of Defense (DoD) such as personnel tracking, and real-time environmental assessment.

Another factor that has fueled the mobile satellite services market growth includes the rapid adoption of mobile satellite and cellular services in emergency and disaster situations. As the deployment of wireless communications is one of the first priorities in emergency response, satellite communication systems are the only communications infrastructure that is not susceptible to damage from disasters. Also, MSS are also used in many countries to provide seismic data to government agencies to enable early warnings before the occurrence of disasters.

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Methodology used in the Mobile Satellite Services Market Report –

our researchers and domain experts use a unique blend of primary and secondary research, with validation and iterations at every stage, in order to minimize deviation and present the most accurate analysis of the industry. The research process begins with extensive data mining, using authentic sources such as trade magazines, technical publications, independent studies along with paid avenues such as ICIS, Hoovers, etc. Primary
objectives of data mining include:

• Mobile satellite services market definition and scope of research
• Market dynamics, growth drivers and industry pitfalls
• Regulatory and political guidelines for the industry
• Demographics and statistical data

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