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Mobile Satellite Services Market Overview, Cost Structure Analysis, Growth Opportunities and Forecast to 2025

 



(IT-NEWSWIRE.COM, September 19, 2018 ) The Global Mobile Satellite Services Market was valued at USD 4.44 billion in 2016 and is projected to reach USD 10.78 billion by 2025, growing at a CAGR of 10.35% from 2017 to 2025.

MSS or mobile satellite services is a system of communication satellites that are meant to be utilized with wireless telephones (mobile and portable), the communication service is provided using satellites. The service enables data communication for individuals that are in remote locations as well as globally and allows for good connection even in areas that lack in wired networks. There are three kinds of mobile satellite services: aeronautical (AMSS), land (LMSS), maritime (MMSS).

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With the advancements in digital technology, there is a growing demand for digital technology. This instigates high quality of service reliability, an enhanced frequency spectrum and the integration of satellites which drive the market for the mobile satellite service. Factors such as poor availability and accessibility, high-frequency band congestion, interoperability issues between MSS systems and the government’s policy and regulatory issues cause restraint in the mobile satellite services market growth.



Competitive Landscape:

The major players in the market are as follows:

Inmarsat
Telstra
Intelsat General Corporation
Viasat
Echostar Corporation
Ericsson
Orbcomm
Globalstar, Inc.
Singtel
Iridium Communications, Inc.

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Source: EmailWire.Com

Source: EmailWire.com

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