Mobile Satellite Services Market Share by Growth Size, Driving Factors, Key Segments and Regional Analysis

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Increasing developments of digital technology and need for connectivity for communication among residents in remote locations are key factors driving market revenue growth

The Mobile Satellite Services Market intelligence report further offers hard to find data derived from attractiveness analysis that narrates a lot about the products, regions and applications expected to generate more revenue. The research study sheds light on the key growth opportunities and market trends along with other vital market dynamics, including the drivers and restraints on the industry growth. With this report, the prospective buyers can be sure to become capable of adapting to the changes in the Mobile Satellite Services industry.

Increasing advancements in digital technologies and increasing need for better connectivity and communications among individuals or support and/or service and other groups and researchers, travelers, hikers, wildlife department, and others staying or operating in remote locations are key factors projected to support market revenue growth between 2022 and 2030. In addition, increasing need for more accurate and timely weather forecasting and telecommunications will drive revenue growth of the market.

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Top Companies Mobile Satellite Services Market and Profiled in the Report are:

Telefonaktiebolaget LM Ericsson (Ericsson, Inc.), Telstra Corporation, Ltd., ViaSat, Inc., EchoStar Corporation, Iridium Communications, Inc., Intelsat S.A., Globalstar, Inc., Thuraya Telecommunications Company, TerreStar Corporation, and SpaceQuest, Ltd.

Key Highlights of Report

  • Land segment is expected to register a substantially rapid revenue CAGR during the forecast period due to increasing applications in defence and military industry.
  • Data service segment is expected to register a significantly robust revenue growth rate over the forecast period due to increasing forest/woodland mapping, agriculture monitoring, and security surveillance.
  • Aerospace defence segment is expected to register a substantially rapid revenue CAGR during the forecast period increasing need to improve military mobility and connectivity on land, sea, and air.
  • North America market is expected to account for larger revenue share than other regional markets during the forecast period due to robust presence of major market players providing MSS such as Iridium Communications, Inc., Globalstar, Inc., TerreStar Corporation, and SpaceQuest, Ltd. among others in countries in the region.

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Objectives of the Report:

  • Study of the global Mobile Satellite Services market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)
  • Industrial structure analysis of the Mobile Satellite Services market by identification of various sub-segments
  • Extensive analysis of key market players along with their SWOT analysis
  • Competitive landscape benchmarking
  • Analysis of Mobile Satellite Services market based on growth trends, futuristic outlook, and contribution to the total growth of the market
  • Analysis of drivers, constraints, opportunities, challenges, and risks in the global Mobile Satellite Services market
  • Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances

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Emergen Research has segmented global Mobile Satellite Services (MSS) market on the basis of access type, service type, end-use, and region:

Access Type Outlook (Revenue, USD Billion; 2019–2030)

  • Land
  • Maritime
  • Aeronautical

Service Type Outlook (Revenue, USD Billion; 2019–2030)

  • Video Service
  • Voice Service
  • Data Service
  • Tracking Monitoring Service

End-use Outlook (Revenue, USD Billion; 2019–2030)

  • Banking, Financial Services and Insurance (BFSI)
  • Aerospace Defence
  • Healthcare
  • Public Sector
  • IT Telecom
  • Retail
  • Others

On the basis of regional analysis, the market is segmented into the following regions: North America, Latin America, Europe, Asia Pacific, and Middle East Africa. The market is expected to be dominated by North American nations closely followed by European countries. Asia Pacific is expected to show a significant growth owing to recent advancements and rising investments in the RD sector.

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