Global Mobile Satellite Services (MSS) Market

Global Mobile Satellite Services (MSS) Market was valued at USD 3508.2 million in 2019 which is expected to reach USD 5528.3 million by 2027 at a CAGR 6.5%.

Mobile Satellite Services (MSS) refers to a system of communication satellites which are meant to be utilized with wireless telephones (Mobile), the communication service is provided with the help of satellites. MSS enables data communication for individuals that are in distant locations and provide good connections.

Market Drivers

Continuous advancements in digital technology is the key driving factor which is expected to boost the global mobile satellite services (MSS) market growth. Furthermore, increase in focus of data applications and services will positively contribute the market growth. Moreover, increase in usage of satellite communication services for IoT and in the disaster management areas in developed countries is expected to propel the growth of mobile satellite services (MSS) market over the forecast period. MSS can find space for a various range of applications such as telecommunication, weather prediction and navigation and space exploration. Also, increase in technological advancements like 4G, 5G mobile networks with next generation satellite capabilities will fuel the market growth during this forecast period.

Market Restraints

However, lack of interoperability between mobile satellite services (MSS) is the major restraining factor which is expected to hinder the global mobile satellite services (MSS) market growth. Also, policy and regularity issues will affect the market growth.

Market segmentation

Global Mobile Satellite Services (MSS) Market is segmented into service such as Video Services, Voice Services, Data Services, and Tracking & Monitoring Services, by access type such as Land Mobile, Maritime, and Aeronautical, by vertical such as Oil & Gas, Media & Entertainment, Mining, Military & Defense, Aviation, Transportation, and Others.

Also, Global Mobile Satellite Services (MSS) Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.

Market Key Players

Various key players are discussed in this report such as Ericsson, Globalstar, Inc., Inmarsat, Iridium Communications, Inc., Orbcomm, Echostar Corporation, Intelsat General Corporation, Singtel, Viasat, and Telstra

Market Taxonomy

By Service

• Video Services
• Voice Services
• Data Services
• Tracking & Monitoring Services

By Access Type

• Land Mobile
• Maritime
• Aeronautical

By Vertical

• Oil & Gas
• Media & Entertainment
• Mining
• Military & Defense, Aviation
• Transportation
• Others

By Region

• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa

Key Questions Addressed by the Report

• What are the Key Opportunities in Global Mobile Satellite Services (MSS) Market?
• What will be the growth rate from 2019 to 2027?
• Which segment/region will have highest growth?
• What are the factors that will impact/drive the Market?
• What is the competitive Landscape in the Industry?
• What is the role of key players in the value chain?
• What are the strategies adopted by key players?

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