Press release
Mobile Satellite Services Market Demand, Research Insights by 2027
The global Mobile Satellite Services (MSS) market is characterized by the presence of numerous players in the market. The key market players majorly compete on the basis of price, performance, quality, support, services and innovations of product. Some of the major players in IoT market are Echostar Corporation, Ericsson AB, GlobalStar Corporation, Inmarsat Inc, Intelsat,, S.A.,, Iridium Communications, Inc., ORBCOMM, Inc., Singtel Satellite, Telstra Corporation Ltd., Tesacom, Thuraya Telecommunications Company, and ViaSat IncView Our Report @ https://www.transparencymarketresearch.com/mobile-satellite-services-mss-market.html
Mobile satellite service (MSS) is a telecommunication service beyond the terrestrial range that serves mobile users by using the satellites. MSS is an appropriate communication channel for remote areas that lack wired networks. MSS systems are categorized based on their orbital altitudes such as low earth orbit (LEO), medium earth orbit (MEO) and geostationary orbit (GEO). MSS find its application in the key market segments such as the government sector, aviation sector and maritime sector. It allows remote communication of voice, and data between the terminals. Distinguishing benefits of MSS are access diversity, global connectivity, priority access and terrain independence. These capabilities of MSS enhance remote communications and terrestrial-based wireless systems.
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MSS operators use lower frequency S- and L-band frequencies of radio spectrum connecting to non-directional earth station antennas with terminals in space or on ground for mobile communications, maritime and other transport-related services. Deployment of MSS stations is rapid and provide secure and scalable communications to the end-users. Increasing demand for mobility is one of the key factor which is anticipated to drive the market's growth trajectories. In-flight connectivity, maritime communication and autonomous vehicles are few of the prime factors responsible for growing users demand for mobility. Furthermore, oil and gas sector is increasing its use of video streaming for operations monitoring and crew welfare. With the rise in oil & gas and mining activities in remote areas, demand for MSS is increasing.
Deployment of MSS stations is rapid and provide secure and scalable communications to the end-users. Increasing demand for mobility is one of the key factor which is anticipated to drive the market's growth trajectories. In-flight connectivity, maritime communication and autonomous vehicles are few of the prime factors responsible for growing users demand for mobility. Furthermore, oil and gas sector is increasing its use of video streaming for operations monitoring and crew welfare. With the rise in oil & gas and mining activities in remote areas, demand for MSS is increasing. Considering these positive factors, the demand for high Mobile Satellite Services (MSS) market set to rise during the forecast period from 2017 - 2027.
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Mobile satellite services (MSS) market is segmented on the basis of access type, service type and end-use verticals. Based on access type, the market is further segmented into aeronautical MSS, land MSS, maritime MSS, personal MSS and broadband MSS.
Based on service type, the market is segmented into voice service and data service. Data Service segment is anticipated to contribute major share in the global MSS market. End-use vertical is segmented into oil & gas, media & entertainment, mining, military & defense, aviation, government, transportations, automotive and others. The military & defense segment is anticipated to contribute major share in the global mobile satellite services (MSS) market followed by government over the forecast period.
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By geography, the MSS market has been segregated into North America, Europe, Asia Pacific, Middle East and Africa and Latin America. In 2019, North America held the largest market of the Internet of Thing in terms of revenue. On the other hand, growing consumer's preference towards smart devices especially in countries such as china and India is expected to drive the market of Asia Pacific region at the fastest pace. The Internet of Thing market of North America is followed by Europe in terms of revenue and these two regions collectively held more than 60% of the market in terms of revenue in 2018.
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Transparency Market Research registered at Wilmington, Delaware, United States, is a global market research firm that offers market analysis reports and business consulting. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyze information.
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