Mobile Satellite Services (MSS) Market Scope
Rapid growing demand for strong communication channels to support technological advancements and military and defense segment emerges dominant among end users will help boost global mobile satellite service market. Mobile satellite service (MSS) is a telecommunication service beyond the terrestrial range that aids mobile consumers by using the satellites. It is a proper communication channel for remote regions that absence wired networks. This systems are classified based on their orbital altitudes including and geostationary orbit (GEO), medium earth orbit (MEO) and low earth orbit (LEO). Upsurge in the use of satellite service for diverse applications, low cost for the transportation, rising awareness among the users about the benefits of the satellite services and the use of advanced technology. These are the key drivers of global mobile satellite service market.
The market study is being classified and major geographies with country level break-up. According to AMA, the Global Mobile Satellite Services (MSS) market is expected to see growth rate of 7.4%
The global mobile satellite services (MSS) market is highly competitive and consists of some key players. In terms of market share, few of the key players presently dominate the global market. Key vendors with a prominent share in the global market are concentrating on escalating their client base the world. These market players are leveraging on strategic collaborative creativities to intensification their market share and escalation their profitability. Key vendors operating in the global market are also acquiring start-ups working on mobile satellite services technologies to strengthen their product abilities. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Mobile Satellite Services (MSS) market throughout the predicted period.
Ericsson Inc. (Sweden), Globalstar, Inc. (United States), Echostar Corporation (United States), Inmarsat Holdings Limited. (Inmarsat) (United Kingdom), Iridium Communications, Inc. (United States), Orbcomm Inc. (United States), Echostar Corporation. (United States), Intelsat General Corporation. (United States) and Singtel Ltd. (Singapore) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Telstra Corporation Limited (Australia), Thuraya Telecommunications Company (United Arab Emirates) and ViaSat Inc. (United States).
AdvanceMarketAnalytics has segmented the market of Global Mobile Satellite Services (MSS) market by Type, Application and Region.
On the basis of geography, the market of Mobile Satellite Services (MSS) has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2018. Europe on the other hand stood as second largest market due to the presence of key companies into the region and high technological advancement. If we see Market by , the sub-segment i.e. will boost the Mobile Satellite Services (MSS) market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
On 6th May 2019, Hughes Network Systems, LLC (HUGHES), the global leader in broadband satellite networks and services has announced that Eutelsat Communications has selected the Hughes JUPITERô System to enable services on its KONNECT new-generation High-Throughput Satellite (HTS) for Western Europe and Africa.
On 1st May 2019, EchoStar Mobile, a mobile operator providing connectivity across Europe through a hybrid satellite and terrestrial network and a subsidiary of EchoStar Corporation and RigNet, Inc. The leading provider of ultra-secure, intelligent networking solutions are collaborated to promote and distribute EchoStar Mobile IP-based Mobile Satellite Services (MSS) for voice and data to RigNet's European customer base.
- Growth in Trend of Internet of Things (Iot)
- Advancement in Digital Technology Majorly Drive the MSS Market
- The Fuel in Demand for Mobility
- Rise in Integration between Mobile and Satellite Technology
- Allocation of Additional Bandwidth for MSS
- Upsurge in Competition in the Internet Service Market
- Low Available Bandwidth and Poor Quality of Voice
- Data in Inadequate Signal Conditions
- Lack of Assurance for the Reliability of MSS over Diverse Areas
- Increase in Government Regulations on the Use of Satellite Technology
Key Target AudienceMSS Service Providers, Distributors, Industry Association Related to Mobile Satellite Services, Government and Private Research Organizations, Government Regulatory Bodies and Others
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