According to Stratistics MRC, the Global Mobile Satellite Services (MSS) Market is accounted for $6.17 billion in 2020 and is expected to reach $15.51 billion by 2028 growing at a CAGR of 12.2% during the forecast period. The rising integration demands of satellite and terrestrial mobile technology, emerging advancements in digital technology and increasing focus of data applications and services are the major factors driving the market growth. However, policy and regulatory issue is restraining the market growth.
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Based on service, the voice services segment is estimated to have a lucrative growth due to the rise in the number of devices that are used in commercial applications to provide voice calls that are used for calling and messaging in remote locations including desert, sea, and air. By geography, North America is going to have high growth during forecast period. As, North America has achieve extensive support from government to employ high throughput connectivity in the satellite fleet in different orbits and different programs like Future Satellite Communications Service Acquisition (FCSA) etc. are propelling the growth of the market.
Some of the key players profiled in the Mobile Satellite Services (MSS) Market Echostar Corporation, Ericsson, Global star, Inc., Inmarsat, Intelsat General Corporation, Iridium Communications Inc, Orbcomm, Singtel, Telstra, Tesacom and Viasat Company.
Services Covered:
• Data services
• Tracking and Monitoring Services
• Video Services
• Voice Services
Access Types Covered:
• Aeronautical Mobile Satellite Services (MSS)
• Broadcast Mobile Satellite Services (MSS)
• Land Mobile Satellite Services (MSS)
• Maritime Mobile Satellite Services (MSS)
• Personal Mobile Satellite Services (MSS)
Applications Covered:
• Air
• Broadband
• Handheld
• Land
• Machine to Machine (M2M)
• Maritime
• Narrowband
End Users Covered:
• Automotive and Aviation
• Media and Entertainment
• Military and Defence
• Mining
• Oil and Gas
• Transportation
• Government (Disaster Management)
• Banking, Financial Services, and Insurance (BFSI)
• Aerospace and Defence
• Healthcare
• Public Sector
• IT and Telecom
• Retail
• Enterprise
Distribution Channels Covered:
• Traditional marketing Channel (Offline)
• Online
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
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