Mobile Satellite Services (MSS) Market Forecasts to 2028 – Global Analysis By Access Type (Aeronautical, Broadcast), Application (Air, Land, M2M), End User (Oil and Gas, BFSI, Retail, Enterprise) and By Geography
According to Stratistics MRC, the Global Mobile Satellite Services (MSS) Market is accounted for $6.17 billion in 2020 and is expected to reach $15.51 billion by 2028 growing at a CAGR of 12.2% during the forecast period. The rising integration demands of satellite and terrestrial mobile technology, emerging advancements in digital technology and increasing focus of data applications and services are the major factors driving the market growth. However, policy and regulatory issue is restraining the market growth.
Mobile satellite services (MSS) supply two way voice and data communication to global users who are on the go or in remote locations; terminals range in size from handheld to laptop-size units, the communication service is offered by using satellites. Terminals can also be mounted in a vehicle, with communications keep going while the vehicle is moving. MSS works at L-band—low enough in the frequency spectrum to keep away from the rain fade associated with higher bandwidth Ku- and Ka-band fixed satellite systems.
Based on service, the voice services segment is estimated to have a lucrative growth due to the rise in the number of devices that are used in commercial applications to provide voice calls that are used for calling and messaging in remote locations including desert, sea, and air. By geography, North America is going to have high growth during forecast period. As, North America has achieve extensive support from government to employ high throughput connectivity in the satellite fleet in different orbits and different programs like Future Satellite Communications Service Acquisition (FCSA) etc. are propelling the growth of the market.
Some of the key players profiled in the Mobile Satellite Services (MSS) Market Echostar Corporation, Ericsson, Global star, Inc., Inmarsat, Intelsat General Corporation, Iridium Communications Inc, Orbcomm, Singtel, Telstra, Tesacom and Viasat Company.
Estimated Market Size in 2020:
Compound Annual Growth Rate (CAGR) from 2020 to 2028:
Predicted 2028 Value:
USD 15.51 billion
Tables, Graphs & Figures
|Service, Access Type, Application, End User, Distribution Channel and Region|
Core Drivers and Opportunities:
Restraining Factors & Market Threats:
• Data services
• Tracking and Monitoring Services
• Video Services
• Voice Services
Access Types Covered:
• Aeronautical Mobile Satellite Services (MSS)
• Broadcast Mobile Satellite Services (MSS)
• Land Mobile Satellite Services (MSS)
• Maritime Mobile Satellite Services (MSS)
• Personal Mobile Satellite Services (MSS)
• Machine to Machine (M2M)
End Users Covered:
• Automotive and Aviation
• Media and Entertainment
• Military and Defence
• Oil and Gas
• Government (Disaster Management)
• Banking, Financial Services, and Insurance (BFSI)
• Aerospace and Defence
• Public Sector
• IT and Telecom
Distribution Channels Covered:
• Traditional marketing Channel (Offline)
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
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 (2019, 2020, 2021, 2025, and 2028)
- 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.
Key Questions Answered In The Report
The Global Mobile Satellite Services (MSS) Market is majorly driven by rising integration demands of satellite and terrestrial mobile technology, and emerging advancements in digital technology.
The voice services segment is growing at a highest CAGR owing to the rise in the number of devices that are used in commercial applications to provide voice calls that are used for calling and messaging in remote locations.
Asia Pacific dominated with a significant market share due to the factors such as the increasing population and need for high-speed connectivity owing to expansion of industrial and non-industrial sectors in the region.
North America market is growing at a highest CAGR owing to extensive support from government to employ high throughput connectivity in the satellite fleet in different orbits in the region.
Key players Mobile Satellite Services (MSS) Market include Echostar Corporation, Ericsson, Global star, Inc., Inmarsat, Intelsat General Corporation, Iridium Communications Inc, Orbcomm, Singtel, Telstra, Tesacom and Viasat Company.
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