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Mobile Satellite Services Market in North America Region Is Expected to Grow Exponentially by 2025

Mobile Satellite Services Market will be fueled by the rapid adoption of mobile satellite and cellular services in emergency and disaster situations


Sellbyville, DE -- (SBWIRE) -- 06/04/2019 -- Global Market Insights recently added a detailed Mobile Satellite Services Market research study across the global, regional and country level. The report provides 360° analysis from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global market and estimates the future trend of the industry based on this detailed study.

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North America is projected to dominate the mobile satellite services market due to the advanced technological infrastructure and the improved network connectivity. The government agencies have also taken significant efforts to introduce new satellite and navigation systems, which have further triggered the growth of the satcom industry. For instance, in June 2018, the U.S. Air Force awarded a contract of USD 130 million to SpaceX for the launch of Air Force Space Command Satellite (AFSPC)-52 satellites in the late FY2020.

The satellite communication systems are becoming an integral part of telecommunication networks as these systems also offer several advantages to users, including a wide network coverage and uniform performance, irrespective of the location and useful in disaster response systems. The satellite system's ability to deliver communication capabilities independent of terrestrial assets makes it a key component of connectivity in emergency situations. The advancement in satellite technologies with the introduction of high accuracy GNSS receivers, GPS systems, and sensors is expected to boost the growth of the mobile satellite services market.

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The marine & defense sector in mobile satellite services market is expected to witness a higher adoption of MSS during the forecast timeline due to the introduction of many satellite and cellular service systems. For instance, in March 2018, COMSAT teamed up with Iridium to provide secure global communications to government & military users. Under the partnership, the COMSAT leveraged the benefits of Iridium network, including on-the-move connectivity, providing services that meet the communications security requirements for the U.S. Department of Defense (DoD) such as personnel tracking, and real-time environmental assessment. In January 2015, the U.S. Navy launched military communications satellite to improve its tactical communications capabilities.

Another factor that has fueled the mobile satellite services market growth includes the rapid adoption of mobile satellite and cellular services in emergency and disaster situations. As the deployment of wireless communications is one of the first priorities in emergency response, satellite communication systems are the only communications infrastructure that is not susceptible to damage from disasters. Also, MSS are also used in many countries to provide seismic data to government agencies to enable early warnings before the occurrence of disasters.

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Some of the leading players in the mobile satellite services market are Globalstar, Singtel, Iridium Communications, EchoStar, Telstra, Inmarsat plc, ORBCOMM, ViaSat, and INTELSAT. The leading players are focusing on strategic agreements to cater to the needs of their business customers. For instance, in January 2017, Inmarsat plc through its distribution partner Global Beam Telecom entered into a multi-year agreement with Tecbuy and Virgin Megastores in the UAE to sell the company's GSPS IsatPhone Satellite phones and IsatHub terminals to customers in the UAE.

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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.