Mobile Satellite Services market takes a closer look at the top market performers and monitors the strategies that have enabled them to occupy a strong foothold in the market

Vancouver, BC -- (SBWire) -- 02/09/2021 --The marketplace for mobile satellite services is projected to expand dramatically during the projected timeframe due to the increasing demand for connectivity and the growth of digital technology. The rapid adoption of wireless and cellular networks in emergency and crisis scenarios is also supposed to propel market development.

However, stringent government regulations, low bandwidth, and weak voice and data quality are expected to hinder the market growth during the forecast timeframe.

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North America is expected to dominate the market for mobile satellite networks due to better technological infrastructure and enhanced network connectivity. The Asia Pacific is expected to witness the fastest growth over the forecast period due to technological advances in telecommunication infrastructure and increased government investments in the implementation of 5G technology.

Market Drivers

The capacity of satellite communication to offer communication networks separately from terrestrial assets makes it a core aspect of connectivity in emergencies. Advancements in communications systems with the introduction of high-precision GPS receivers, GPS networks, and detectors are expected to fuel the growth of the demand for mobile satellite services.

Key participants include Ericsson, Globalstar, Inc., Iridium Communications Inc., Inmarsat plc, ORBCOMM, Singapore Telecommunications Limited, EchoStar Corporation, Intelsat Corporation, Viasat, Inc., and Telstra Corporation Limited among others.

The development and launch of mobile satellite networks are costly and time-consuming, slowing the demand growth over the projection timeframe. The Covid-19 epidemic has resulted in the introduction of immediate lock-ups to limit the distribution curve, which, in addition, has led to factory shutdowns, delays in the production process, and economic slump worldwide.

Type Outlook (Revenue, USD Billion; 2017-2027)
Maritime MSS
Aeronautical MSS
Land MSS
Broadcast MSS
Personal MSS

Service Outlook (Revenue, USD Billion; 2017-2027)
Data Service
Video Service
Tracking and Monitoring Service
Voice Service

End-Use Outlook (Revenue, USD Billion; 2017-2027)
Aerospace & Defense
Transportation
Oil & Gas
Media & Entertainment
BFSI
Automotive
Mining
Aviation
IT and Telecom
Government
Others

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Regional Landscape

North America is expected to lead the market in the projected timeframe due to the widespread use of mobile networks and rising demand for communications networks that are offering a range of other services, which can receive and transmit data from remote locations in countries throughout the region. The Asia-Pacific market is expected to expand to the largest CAGR in the predicted period due to the increasing use of satellite networking in government, defense, and transport applications in the countries in the Asia Pacific area.

Key Geographies Profiled in the Report:

North America(the U.S., Mexico, and Canada)
Asia Pacific(China, Japan, India, and Rest of Asia Pacific)
Europe(the U.K., France, Germany, and Rest of Europe)
Latin America(Brazil and Rest of Latin America)
Middle East & Africa(GCC Countries and Rest of Middle East & Africa)

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Table of Content

Chapter 1. Methodology & Sources

    1.1. Market Definition

    1.2. Research Scope

    1.3. Methodology

    1.4. Research Sources

          1.4.1. Primary

          1.4.2. Secondary

          1.4.3. Paid Sources

    1.5. Market Estimation Technique

Chapter 2. Executive Summary

    2.1. Summary Snapshot, 2019-2027

Chapter 3. Key Insights

Chapter 4. Mobile Satellite Services Market Segmentation & Impact Analysis

    4.1. Mobile Satellite Services Market Segmentation Analysis

    4.2. Industrial Outlook

          4.2.1. Market indicators analysis

          4.2.2. Market drivers analysis

                    4.2.2.1. Increasing demand for mobility

                    4.2.2.2. Rising advancements in digital technology

          4.2.3. Market restraints analysis

                    4.2.3.1. High manufacturing cost

                    4.2.3.2. Time Consuming procedure

    4.3. Technological Insights

    4.4. Regulatory Framework

    4.5. Porter's Five Forces Analysis

    4.6. Competitive Metric Space Analysis

    4.7. Price trend Analysis

    4.8. Covid-19 Impact Analysis

Chapter 5. Mobile Satellite Services Market By Type Insights & Trends, Revenue (USD Billion)

    5.1. Type Dynamics & Market Share, 2019 & 2027

          5.1.1. Maritime MSS

          5.1.2. Aeronautical MSS

          5.1.3. Land MSS

          5.1.4. Broadcast MSS

          5.1.5. Personal MSS

Continue…!

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