Press release
Mobile Satellite Services Market Overview, Top Manufactures, Market Size, Opportunities and Forecast by 2022-2027
Mobile Satellite Services Market
Mobile satellite services (MSS) are systems of radio communication facilities that provide mobile users with satellite technology to establish communication between mobile devices and portable terminals. They provide voice, data, and Internet services to fixed or portable terminals, buildings, aircraft, ships, and land vehicles. They offer good connections even in areas that lack wired networks as they possess a wide-area earth coverage, and their operations are usually independent of local telecommunications infrastructure. As a result, these services are deployed across place, which is more prone to natural disasters, war zones, distress, and breakdown of emergency communication to facilitate disaster relief telecommunication services.
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Mobile Satellite Services Market Growth:
The escalating demand for mobile satellite services (MSS) majorly drives the global market. This can be attributed to the rising need for these solutions for earth observation. Since satellite communication (Satcom) has become a significant part of the modern communication infrastructure involving artificial satellites in a network across the industrial sector, this is also significantly supporting the market. Along with this, the growing utilization of MSS voice and data services to locate, track, and communicate with authorities during emergencies is propelling the market growth favorably. Apart from this, the accelerating demand for low-earth orbit (LEO) satellites and the emergence of 5G mobile networks with next-generation satellites are creating a positive market outlook. Some of the other factors driving the market include rapid urbanization and continual technological advancements in mobile satellite services.
Competitive Landscape with Keyplayers:
• EchoStar Corporation
• Globalstar Inc
• Inmarsat
• Intelsat S.A
• Iridium Communications Inc
• Orbcomm, Singtel
• Telefonaktiebolaget LM Ericsson
• Telstra Corporation Limited
• Thuraya Telecommunications Company
• Viasat Inc
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Key Market Segmentation:
Breakup by Service Type:
• Voice Service
• Data Service
• Video Service
Breakup by Application Type:
• Land
• Air
• Maritime
Breakup by Industry Vertical:
• BFSI
• Aerospace and Defense
• Healthcare
• Public Sector
• IT and Telecom
• Retail
• Others
Breakup by Region:
• North America (United States, Canada)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key Highlights of the Report:
• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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