TechNavio today launched its report, Global Mobile Satellite Service Market 2011-2015, based on an in-depth analysis focusing covering the Americas, and the EMEA and APAC regions. The report aims to aid decision makers’ understanding of the present and future landscape of the market.
Commenting on the report, an analyst from TechNavio’s Telecom team said: ”Currently, most countries are allotting more budget for disaster management purposes. This is because mobile satellite services have been very useful in establishing connectivity during national emergencies such as natural disasters. Hence, an increasing number of organizations such as the United Nations (UN), non-governmental organizations (NGOs), and other disaster management departments 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 is the increasing adoption of mobile satellite service in the Maritime sector. Currently, many merchant shipping vehicles are using mobile satellite services for crew communication. Hence, the Merchant Shipping industry is increasing massively year-on-year and is expected to boost the growth rate of the market.
Further, the report reveals that one of the major challenges is the need for high levels of investment in the development, launch, and insurance of satellites. This acts as a barrier for new entrants.
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/content/global-mobile-satellite-service-market-…
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic market research reports on niche and emerging technologies. For more information on our Telecom market research, please visit https://www.technavio.com/telecom
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TechNavio Announces the Publication of its Research Report – Global Mobile Satellite Service Market 2011-2015
