TechNavio recognizes the following companies as the key players in the Global Mobile Satellite Services (MSS) Market: Globalstar Inc., Inmarsat Plc., Iridium Communications Inc., Orbcomm Inc., and Thuraya Satellite Telecommunication Company Inc.
Commenting on the report, an analyst from TechNavio’s team said: “Currently, most countries are increasing their budgets for disaster management purposes. In this regard, mobile satellite services have been very useful in establishing connectivity during national emergencies such as natural disasters. For instance, during the 2010 earthquake disaster in Haiti and the 2011 floods in Australia and Pakistan, several mobile satellite service terminals were deployed to ensure proper communication to facilitate disaster management. Hence, an increasing number of organizations such as the UN, non-governmental organizations, and other disaster management organizations are increasingly adopting mobile satellite services. Thus, the increasing demand for mobile satellite services in emergency situations is an emerging trend in the Global Mobile Satellite Service market.”
According to the report, one of the main drivers in this market is the increasing demand for broadband mobile satellite services. Global mobile satellite service providers are witnessing a significant revenue increase from their data services and this trend is expected to continue during the forecast period. Operators are now focusing on offering broadband services to meet the increasing demand for data and IP-based services. Broadband services are relatively less expensive; hence, customers prefer to use services such as e-mail and VoIP through broadband.
Further, the report states that one of the major challenges in this market is the requirement for high initial investments for the development, launch, and insurance of satellites. This acts as a barrier for the entry of new players into the market. In addition, the return on investment is prolonged.
The report also includes a discussion of the other vendors operating in this market. The other vendors in the market are ICO Global Communication Ltd., LightSquared Inc., SkyTerra Communications Inc., Solaris Mobile Ltd., and Terrestar Network Inc./Dish Network Inc.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/report/global-mobile-satellite-services-mss-mar…
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/telecom-and-networking
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TechNavio Announces the Publication of its Research Report -Global Mobile Satellite Services (MSS) Market 2012-2016
