Press release
Maritime Satellite Communication Market worth USD 13.4 Billion by 2032 - KVH Industries, Speedcast, NSSLGLOBAL, ORBCOMM, GTMARITIME
Maritime Satellite Communication
Maritime Satellite Communication (MSC) is a type of satellite communication that is used by ships and other vessels at sea. MSC allows these vessels to communicate with each other and with land-based systems, such as navigation aids, weather stations, and search and rescue services. MSC can also be used for voice and data communications, and for broadcasting.
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Key Players
• Marlink
• Inmarsat Global Limited
• Iridium Communications Inc.
• Thuraya Telecommunications Company
• Hughes Network Systems, LLC
• KVH Industries, Inc.
• Speedcast
• NSSLGLOBAL
• ORBCOMM
• GTMARITIME
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Global Maritime Satellite Communication Market Segmentation
By Component
• Hardware
• Software
• Services
By Type
• Very Small Aperture Terminal (VSAT)
• Mobile Satellite Services (MSS)
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Market Trends and Drivers
The growing need for applications like voice communications in the industry like passenger ships, fishing, and marine shipping is expected to fuel the satellite communication industry's expansion. Maritime satellite communication systems help in effective operations of these industries along with that it also enhances the security and surveillance system. The rising adaptation of advanced satellite systems and big data computing applications, along with the increasing awareness about the benefits of the cloud solution, are among the primary factors driving the market further. Moreover, an increase in the integration of satellite and mobile communication technologies is expected to create new opportunities for the market.Key Companies covered
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