TechNavio's analysts forecast the Global Mobile Satellite Service market to grow at a CAGR of 10.1 percent over the period 2011-2015. One of the key factors contributing to this market growth is the increasing adoption in the Maritime sector. The Global Mobile Satellite Service market has also been witnessing the increasing use of mobile satellite services during emergency situations. However, the need for high levels of initial investment could pose a challenge to the growth of this market.
TechNavio's report, the Global Mobile Satellite Service Market 2011-2015, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global Mobile Satellite Service market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
The key vendors dominating this market space are Globalstar Inc., Inmarsat Plc., Iridium Communications Inc., Orbcomm Inc., and Thuraya Satellite Telecommunication Company Inc.
The other vendors mentioned in the report are SkyTerra Communications Inc., Solaris Mobile Ltd., ICO Global Communication Ltd., LightSquared Inc., Terrestar Network Inc .
Key questions answered in this report:
What will the market size be in 2015 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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TechNavio's research portfolio in the Telecom series includes reports on the GPS Market, eCommerce Market, Mobile Application Market, M2M Market, VoIP Market, LBS Market, NFC Market, IPTV Market, Set Top Box Market, Unified Communications Market, Mobile Enterprise Market, Mobile Commerce Market, GPS Navigation Market, Telepresence Market, Femtocell Market, Telecom Software Market, LTE Infrastructure Market, Digital Map Market SHOW LESS READ MORE >
01. Executive Summary
03. Market Coverage
04. Market Landscape
04.1 Market Size and Forecast
04.2 Global Mobile Satellite Service Market by Segmentation
04.3 Five Forces Analysis
05. Geographical Segmentation
06. Vendor Landscape
Global Mobile Satellite Service Vendors
07. Buying Criteria
08. Market Growth Drivers
09. Drivers and their Impact
10. Market Challenges
11. Impact of Drivers and Challenges
12. Market Trends
13. Key Vendor Analysis
13.1 Inmarsat plc
13.2 Iridium Communications Inc.
13.3 Thuraya Satellite Telecommunication Company Inc.
13.4 Globalstar Inc.
13.5 Orbcomm Inc.
14. Other Reports in this Series
List of Exhibits:
Exhibit 1: Global Mobile Satellite Service Wholesale Market 2011-2015 (US$ billion)
Exhibit 2: Global Mobile Satellite Service by Segmentation 2011
Exhibit 3: Global Mobile Satellite Service by Service Category Segmentation 2011-2015
Exhibit 4: Global Mobile Satellite Service Market by Geographical Segmentation 2011
Exhibit 5: Global Mobile Satellite Service Market by Vendor Segmentation 2011
TechNavio Announces the Publication of its Research Report - Global Mobile Satellite Service Market 2011-2015
TechNavio today launched its report, Global Mobile Satellite Service Market 2011-2015, based on an in-depth analysis focusing covering the Americas, and the EMEA and APAC regions. The report aims to aid decision makers' understanding of the present and future landscape of the market.
Commenting on the report, an analyst from TechNavio's Telecom team said: ''Currently, most countries are allotting more budget for disaster management purposes. This is because mobile satellite services have been very useful in establishing connectivity during national emergencies such as natural disasters. Hence, an increasing number of organizations such as the United Nations (UN), non-governmental organizations (NGOs), and other disaster management departments are increasingly adopting mobile satellite services. Thus, the increasing demand for mobile satellite services in emergency situations is an emerging trend in the Global Mobile Satellite Service market.''
According to the report, one of the main drivers is the increasing adoption of mobile satellite service in the Maritime sector. Currently, many merchant shipping vehicles are using mobile satellite services for crew communication. Hence, the Merchant Shipping industry is increasing massively year-on-year and is expected to boost the growth rate of the market.
Further, the report reveals that one of the major challenges is the need for high levels of investment in the development, launch, and insurance of satellites. This acts as a barrier for new entrants.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.