Global Mobile Satellite Services Market is expected to reach 13.74 Billion by 2026 from XX Billion in 2018 at CAGR of XX% (Detailed analysis of the market CAGR is provided in the report)
To know about the Research Methodology :- Request Free Sample Report The report study has analyzed revenue impact of COVID -19 pandemic on the sales revenue of market leaders, market followers and market disrupters in the report and same is reflected in our analysis. Global Mobile Satellite Services Market is defined as a cluster of network communication satellites Used with mobile and portable wireless telephones. AMSS (aeronautical MSS), LMSS (land MSS), and MMSS (maritime MSS) are its main examples. Low earth orbit (LEO), medium earth orbit (MEO) and geostationary orbit (GEO) is the diversified names of MSS depend on their altitudinal orbits. MSS is the essential communication link in the areas with weak wired networks. Systems operating in the L-band provide traditional voice and data mobile satellite services between terminals. This spectrum is allocated between 1.5 and 2.5 GHz and it depends on portable terrestrial satellites instead of fixed terrestrial satellites. For the time-bound situations like the breakdown of emergency communication distress, natural disasters and war zones, adopting Mobile Satellite Services is very beneficial. Access diversity, terrain independence, priority access and global connectivity are the major benefits of MSS which gives rise to remote communications and terrestrial-based wireless systems Mobile Satellite Services Market is segmented by service, access type, industry vertical and by geography. Data service segment in service seems to appear at the highest share in MSS market. Oil & gas and mining industries segment among industry vertical is expected to gain largest CAGR in the forecast period. The market on the basis of geography is segmented by North America, Europe, Asia-Pacific, Middle East & Africa and Latin. The increase in demand for mobility, advancement in digital technology and rise in integration between mobile and satellite technology are the major factor for driving the market. However poor quality of voice, data in inadequate signal conditions, low available bandwidth, an increase in government regulations on the use of satellite technology restrain the market growth to a certain extent. North America is going to emerge as the highest growth region in the forecast period due to its high usage of technologies globally in the MSS market. The Asia Pacific and South America is anticipated to have the profitable growth because of its increasing use of mobile satellite services in defence, government, and transportation applications. Creating proper communication channels with rising the demand for mobile satellite services.
Global Mobile Satellite Services Market Key Highlights:
• Assessment of market definition along with the identification of key players and analysis of their strategies to determine the competitive outlook of the market, opportunities, drivers, restraints and challenges for Global Mobile Satellite Services Market during the forecast period • Complete quantitative analysis of the industry from 2016 to 2024 to enable the stakeholders to capitalize on the prevailing market opportunities • In-depth analysis of the industry on the basis of market segments, market dynamics, market size, competition & companies involved value chain • Global Mobile Satellite Services Market analysis with respect to service, access type, industry vertical and geography to assist in strategic business planning • Global Mobile Satellite Services Market analysis and forecast for five major geographies North America, Europe, Asia Pacific, Middle East & Africa, Latin America and their key regions
Years that have been considered for the study are as follows:
• Base Year – 2018 • Estimated Year – 2019 • Forecast Period – 2019 to 2026
Global Mobile Satellite Services Market Research Methodology
The market is estimated by triangulation of data points obtained from various sources and feeding them into a simulation model created individually for each market. The data points are obtained from paid and unpaid sources along with paid primary interviews with key opinion leaders (KOLs) in the market. KOLs from both, demand and supply side were considered while conducting interviews to get an unbiased idea of the market. This exercise was done at a country level to get a fair idea of the market in countries considered for this study. Later this country-specific data was accumulated to come up with regional numbers and then arrive at a global market value for Global Mobile Satellite Services Market.
Key Players in the Global Mobile Satellite Services Market:
• 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 • ViaSat Inc. • Singtel Telecommunications Ltd. • NewSat Global Satellite Solutions • Eutelsat S.A. • Hispasat S.A. • LightSquared • Telespazio Vega • Telesat Canada • OnAir • Pendrell Corporation • Al Yah Satellite Communications Company • Globecomm Systems Inc.
Key Target Audience:
• Research and Consulting Firms as well as Venture capitalists, private equity firms, and startup companies • M2M Communications • Integration of Satellite and Terrestrial Mobile Technology • Increasing Interest from Government & Military • Asia-Pacific and Middle East Emerging as Potential Markets • Shift of Focus from Land Mobile to Aviation • On-going Mergers and Acquisitions • Growing Usage of Ku and C bands • Rising Usage of MEO and LEO satellites in addition to GEO Satellites • Government and regulatory authorities
Scope of the Global Mobile Satellite Services Market: Inquire before buying
Research report categorizes the Global Mobile Satellite Services Market based on service, access type, industry vertical and geography (region wise). Market size by value is estimated and forecasted with the revenues of leading companies operating in the Mobile Satellite Services Market with key developments in companies and market trends.
Global Mobile Satellite Services Market, By Service type
• Video Service • Data Service • Voice Service
Global Mobile Satellite Services Market, By Application type
• Land • Air • Maritime
Global Mobile Satellite Services Market, by Industry Verticals
• Banking, Financial Services, and Insurance • Aerospace & Defense • Healthcare • Public Sector • IT & Telecom • Retail • Other
Global Mobile Satellite Services Market, By Geography
• North America • Asia-Pacific • Europe • The Middle East and Africa • Latin America
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