Press release
Global Mobile Satellite Services (MSS) Market- Major Players are Ericsson, Globalstar, Inc., Inmarsat, Iridium Communications, Inc
Global Mobile Satellite Services (MSS) Market was valued at USD 3508.2 million in 2019 which is expected to reach USD 5528.3 million by 2027 at a CAGR 6.5%.Mobile Satellite Services (MSS) refers to a system of communication satellites which are meant to be utilized with wireless telephones (Mobile), the communication service is provided with the help of satellites. MSS enables data communication for individuals that are in distant locations and provide good connections.
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Continuous advancements in digital technology is the key driving factor which is expected to boost the global mobile satellite services (MSS) market growth. Furthermore, increase in focus of data applications and services will positively contribute the market growth. Moreover, increase in usage of satellite communication services for IoT and in the disaster management areas in developed countries is expected to propel the growth of mobile satellite services (MSS) market over the forecast period. MSS can find space for a various range of applications such as telecommunication, weather prediction and navigation and space exploration. Also, increase in technological advancements like 4G, 5G mobile networks with next generation satellite capabilities will fuel the market growth during this forecast period.
However, lack of interoperability between mobile satellite services (MSS) is the major restraining factor which is expected to hinder the global mobile satellite services (MSS) market growth. Also, policy and regularity issues will affect the market growth.
Market segmentation
Global Mobile Satellite Services (MSS) Market is segmented into service such as Video Services, Voice Services, Data Services, and Tracking & Monitoring Services, by access type such as Land Mobile, Maritime, and Aeronautical, by vertical such as Oil & Gas, Media & Entertainment, Mining, Military & Defense, Aviation, Transportation, and Others.
Also, Global Mobile Satellite Services (MSS) Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Market Key Players
Various key players are discussed in this report such as Ericsson, Globalstar, Inc., Inmarsat, Iridium Communications, Inc., Orbcomm, Echostar Corporation, Intelsat General Corporation, Singtel, Viasat, and Telstra
Market Taxonomy
By Service
• Video Services
• Voice Services
• Data Services
• Tracking & Monitoring Services
By Access Type
• Land Mobile
• Maritime
• Aeronautical
By Vertical
• Oil & Gas
• Media & Entertainment
• Mining
• Military & Defense, Aviation
• Transportation
• Others
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa
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Global Mobile Satellite Services (MSS) Market TOC
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Mobile Satellite Services (MSS) Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Mobile Satellite Services (MSS) Market, By Service
5.1 Y-o-Y Growth Comparison, By Service
5.2 Global Mobile Satellite Services (MSS) Market Share Analysis, By Service
5.3 Global Mobile Satellite Services (MSS) Market Size and Forecast, By Service
5.3.1 Video services
5.3.2. Voice Services
5.3.3 Data Services
5.3.4 Tracking & Monitoring Services
6 Global Mobile Satellite Services (MSS) Market, By Access Type
6.1 Y-o-Y Growth Comparison, By Access Type
6.2 Global Mobile Satellite Services (MSS) Market Share Analysis, By Access Type
6.3 Global Mobile Satellite Services (MSS) Market Size and Forecast, By Access Type
6.3.1 Land Mobile
6.3.2 Maritime
6.3.3 Aeronautical
7 Global Mobile Satellite Services (MSS) Market, By Vertical
7.1 Y-o-Y Growth Comparison, By Vertical
7.2 Global Mobile Satellite Services (MSS) Market Share Analysis, By Vertical
7.3 Global Mobile Satellite Services (MSS) Market Size and Forecast, By Vertical
7.3. 1 Oil & Gas
7.3.2. Media & Entertainment
7.3.3. Mining
7.3.4 Military, Defense, Aviation
7.3.5 Transportation
7.3.6 Others
8 Global Mobile Satellite Services (MSS) Market, By Region
8.1 Global Mobile Satellite Services (MSS) Market Share Analysis, By Region
8.2 Global Mobile Satellite Services (MSS) Market Share Analysis, By Region
8.3 Global Mobile Satellite Services (MSS) Market Size and Forecast, By Region
Vishal Thakur
Research Support Specialist
QualiKet Research
6060 N Central Expy #500, TX 75204, U.S.A
sales@qualiketresearch.com
Website: https://qualiketresearch.com
QualiKet Research is a leading Market Research and Competitive Intelligence partner helping leaders across the world to develop robust strategy and stay ahead for evolution by providing actionable insights about ever changing market scenario, competition and customers. QualiKet Research is dedicated to enhancing the ability of faster decision making by providing timely and scalable intelligence. We use different intelligence tools to come up with evidence that showcases the threats and opportunities which helps our clients outperform their competition.
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