This market research report outlines the global forecast for the mobile satellite services (MSS) market through 2019. Market segmentations based on aviation, maritime, and land platforms. Market shares for APAC, Americas, and EMEA are also provided in this report. The leading vendors analyzed by this report include Thuraya, Orbcomm, Iridium Communicatio, and Inmarsat.
Technavio has released its new market research report, global MSS market, which is expected to grow at a CAGR of more than 7% between 2015 and 2019. The global mobile satellite services (MSS) market is expected to witness steady growth due to increased adoption of mobile satellite services in maritime and aviation sectors. Western Europe is a key region for advanced technological solutions in mobile satellite services. The region also demands more broadband and M2M MSS for its applications in different key markets.
“Satellite communication services have become an integral part of relief operations across the globe. Several humanitarian organizations prefer MSS for its expansive coverage and timely response. MSS terminals can be easily deployed anywhere independent of local infrastructure and provide global coverage and an effective communication channel to help in relief operations during natural disasters and emergency situations,” says Navin Rajendra, Lead Analyst, ICT, Technavio Research.
With recent developments in M2M technology, satellite M2M services have become popular. With this, investments by the governments in satellite development, deployment, and launch is expected to gain further traction during the forecast period. Satellite-based M2M services is expected to play a vital role in supporting remote facility monitoring, real-time asset management, and industrial automation.
The leading vendors in the global MSS market include Thuraya, Orbcomm, Iridium Communicatio, and Inmarsat. The major plyers dominate the market holding 80% of the overall market share. Intense competition prevails in the market among the key vendors. High initial investments deters the entry of new vendors in the market.
A more detailed analysis is available in the Technavio report, Global MSS Market 2015-2019.
We can customize this reports by other regions and specific segments upon request.
Other Related Reports:
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- Global Satellite-based Earth Observation Services Market by Government Users 2015-2019
- Global Mobile Satellite Services Market 2014-2018
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