
Maritime Satellite Communication Market
Maritime Satellite Communication - Global Market Outlook (2019 -2027)
According to Stratistics MRC, the Global Maritime Satellite Communication Market is accounted for $2.19 billion in 2019 and is expected to reach $4.31 billion by 2027 growing at a CAGR of 8.8% during the forecast period. Increasing demand for broadband connections and VSAT connectivity, and high-throughput satellites to unlock cloud and IoT services are the major factors propelling the market growth. However, lack of awareness about advanced maritime satellite services is hampering the market growth.
Satellite communication technologies help to track the ships and cargo through the globe. VSAT terminals are communication terminals that allow transmitting and receiving text, audio, and video data using satellite broadband Internet services. These terminals operate as geostationary satellites on Ku, Ka, and C bands
Based on the end user, the commercial vessel segment is going to have a lucrative growth during the forecast period due to the rising in trade activities using commercial vessels. Maritime trade continues to expand and bringing benefits for consumers across the globe through competitive logistics costs. With rising manufacturing and global trade, there has been a rise in the number of marine vessels added to the existing fleet. By geography, Asia Pacific is going to have a lucrative growth during the forecast period due to high demands, specifically in the oil and gas, merchant shipping, mining, and passenger shipping verticals. The APAC region is implementing maritime satellite communication solutions significantly.
Some of the key players profiled in the Maritime Satellite Communication Market include Globecomm Systems Inc, Harris Caprock Communications Inc, Hughe Network Systems LLC, Inmarsat Group Limited, Iridium Communications Inc, KVH Industries Inc, MTN Group Limited, Navarino Telecom SA, Network Innovation Inc, NSSL Global Limited , Singapore Telecommunications Limited , Speedcast International Limited, Thuraya Telecommunications Company, Viasat Inc and VT Idirect Inc.
Types Covered:
• Detectors
• Surveillance and Tracking
Components Covered:
• Hardware
• Solution
• Service
Applications Covered:
• Perioperative Care
• Intensive Care Units
• Neurological Care Units
• Coronary Care Units
• Acute/Critical Care
End Users Covered:
• Coastal Security Services
• Construction
• Government
• Fishing
• Manufacturing
• Leisure Vessel
• Merchant Shipping
• Naval Forces
• Offshore Oil Rigs and Support Vessels
• Passenger Ships
• Commercial Ship
• Naval Vessel
• Commercial Vessels
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019 2020, 2024, and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 End User Analysis
3.8 Emerging Markets
3.9 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Maritime Satellite Communication Market, By Type
5.1 Introduction
5.2 Detectors
5.3 Surveillance and Tracking
6 Global Maritime Satellite Communication Market, By Component
6.1 Introduction
6.2 Hardware
6.3 Solution
6.3.1 Very Small Aperture Terminal (VSAT)
6.3.1.1 Ku-band
6.3.1.2 C-band
6.3.1.3 Ka-band
6.3.2 Mobile Satellite Service (MSS)
6.4 Service
6.4.1 Tracking and Monitoring
6.4.2 Video
6.4.3 Data
6.4.4 Voice
7 Global Maritime Satellite Communication Market, By Application
7.1 Introduction
7.2 Perioperative Care
7.3 Intensive Care Units
7.4 Neurological Care Units
7.5 Coronary Care Units
7.6 Acute/Critical Care
8 Global Maritime Satellite Communication Market, By End User
8.1 Introduction
8.2 Coastal Security Services
8.3 Construction
8.4 Government
8.5 Fishing
8.6 Manufacturing
8.7 Leisure Vessel
8.8 Merchant Shipping
8.9 Naval Forces
8.10 Offshore Oil Rigs and Support Vessels
8.11 Passenger Ships
8.12 Commercial Ship
8.13 Naval Vessel
8.14 Commercial Vessels
9 Global Maritime Satellite Communication Market, By Geography
9.1 Introduction
9.2 North America
9.2.1 US
9.2.2 Canada
9.2.3 Mexico
9.3 Europe
9.3.1 Germany
9.3.2 UK
9.3.3 Italy
9.3.4 France
9.3.5 Spain
9.3.6 Rest of Europe
9.4 Asia Pacific
9.4.1 Japan
9.4.2 China
9.4.3 India
9.4.4 Australia
9.4.5 New Zealand
9.4.6 South Korea
9.4.7 Rest of Asia Pacific
9.5 South America
9.5.1 Argentina
9.5.2 Brazil
9.5.3 Chile
9.5.4 Rest of South America
9.6 Middle East & Africa
9.6.1 Saudi Arabia
9.6.2 UAE
9.6.3 Qatar
9.6.4 South Africa
9.6.5 Rest of Middle East & Africa
10 Key Developments
10.1 Agreements, Partnerships, Collaborations and Joint Ventures
10.2 Acquisitions & Mergers
10.3 New Product Launch
10.4 Expansions
10.5 Other Key Strategies
11 Company Profiling
11.1 Globecomm Systems Inc
11.2 Harris Caprock Communications Inc
11.3 Hughes Network Systems LLC
11.4 Inmarsat Group Limited
11.5 Iridium Communications Inc
11.6 KVH Industries Inc
11.7 MTN Group Limited
11.8 Navarino Telecom SA
11.9 Network Innovation Inc
11.10 NSSL Global Limited
11.11 Singapore Telecommunications Limited
11.12 Speedcast International Limited
11.13 Thuraya Telecommunications Company
11.14 Viasat Inc
11.15 VT Idirect Inc
List of Tables
1 Global Maritime Satellite Communication Market Outlook, By Region (2018-2027) ($MN)
2 Global Maritime Satellite Communication Market Outlook, By Type (2018-2027) ($MN)
3 Global Maritime Satellite Communication Market Outlook, By Detectors (2018-2027) ($MN)
4 Global Maritime Satellite Communication Market Outlook, By Surveillance and Tracking (2018-2027) ($MN)
5 Global Maritime Satellite Communication Market Outlook, By Component (2018-2027) ($MN)
6 Global Maritime Satellite Communication Market Outlook, By Hardware (2018-2027) ($MN)
7 Global Maritime Satellite Communication Market Outlook, By Solution (2018-2027) ($MN)
8 Global Maritime Satellite Communication Market Outlook, By Very Small Aperture Terminal (VSAT) (2018-2027) ($MN)
9 Global Maritime Satellite Communication Market Outlook, By Mobile Satellite Service (MSS) (2018-2027) ($MN)
10 Global Maritime Satellite Communication Market Outlook, By Service (2018-2027) ($MN)
11 Global Maritime Satellite Communication Market Outlook, By Tracking and Monitoring (2018-2027) ($MN)
12 Global Maritime Satellite Communication Market Outlook, By Video (2018-2027) ($MN)
13 Global Maritime Satellite Communication Market Outlook, By Data (2018-2027) ($MN)
14 Global Maritime Satellite Communication Market Outlook, By Voice (2018-2027) ($MN)
15 Global Maritime Satellite Communication Market Outlook, By Application (2018-2027) ($MN)
16 Global Maritime Satellite Communication Market Outlook, By Perioperative Care (2018-2027) ($MN)
17 Global Maritime Satellite Communication Market Outlook, By Intensive Care Units (2018-2027) ($MN)
18 Global Maritime Satellite Communication Market Outlook, By Neurological Care Units (2018-2027) ($MN)
19 Global Maritime Satellite Communication Market Outlook, By Coronary Care Units (2018-2027) ($MN)
20 Global Maritime Satellite Communication Market Outlook, By Acute/Critical Care (2018-2027) ($MN)
21 Global Maritime Satellite Communication Market Outlook, By End User (2018-2027) ($MN)
22 Global Maritime Satellite Communication Market Outlook, By Coastal Security Services (2018-2027) ($MN)
23 Global Maritime Satellite Communication Market Outlook, By Construction (2018-2027) ($MN)
24 Global Maritime Satellite Communication Market Outlook, By Government (2018-2027) ($MN)
25 Global Maritime Satellite Communication Market Outlook, By Fishing (2018-2027) ($MN)
26 Global Maritime Satellite Communication Market Outlook, By Manufacturing (2018-2027) ($MN)
27 Global Maritime Satellite Communication Market Outlook, By Leisure Vessel (2018-2027) ($MN)
28 Global Maritime Satellite Communication Market Outlook, By Merchant Shipping (2018-2027) ($MN)
29 Global Maritime Satellite Communication Market Outlook, By Naval Forces (2018-2027) ($MN)
30 Global Maritime Satellite Communication Market Outlook, By Offshore Oil Rigs and Support Vessels (2018-2027) ($MN)
31 Global Maritime Satellite Communication Market Outlook, By Passenger Ships (2018-2027) ($MN)
32 Global Maritime Satellite Communication Market Outlook, By Commercial Ship (2018-2027) ($MN)
33 Global Maritime Satellite Communication Market Outlook, By Naval Vessel (2018-2027) ($MN)
34 Global Maritime Satellite Communication Market Outlook, By Commercial Vessels (2018-2027) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Countrys are also represented in the same manner as above.
List of Figures
RESEARCH METHODOLOGY

We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
For more details about research methodology, kindly write to us at info@strategymrc.com
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