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Global Mobile Satellite Services Market 2021 Production, Revenue, Price and Gross Margin Analysis with Forecasts

Mobile Satellite Services

The report focuses on the favorable Global “Mobile Satellite Services market” and its expanding nature. The Mobile Satellite Services market report provides a comprehensive study of the market segmentation, service providers, stockholders, sponsors, and important market players, size, and share, market dynamics such as the growth drivers, restraints, challenges, and opportunities.

Market Overview:

  • The mobile satellite services market is expected to register a CAGR of over 6.2% during the forecast period 2019 – 2024. The usage of satellite communication services for IoT, as well as in the disaster management areas in developed regions, is expected to boost the market studied, over the forecast period. Mobile satellites services can find space for a various range of applications, including telecommunication, weather prediction, and navigation, military intelligence, and space exploration. Additionally, augmenting 5G mobile networks with next-generation satellite capabilities helps the mobile satellite operators in playing a vital role in the emerging 5G ecosystem.
  • Until recently, the MSS frequency bands were separate from the bands used for terrestrial cellular, because of, which the mobile user either needed a dual frequency band handset or two separate handsets. However, in the past decade, several system planners have proposed that segments of the MSS frequency bands be used for both terrestrial cellular and satellite communications so that the handsets might be simplified and the user’s service is always through the same service provider.
  • The terrestrial cellular network to support this mode of operation is called the ancillary terrestrial component (ATC). Although, this will put additional burdens on the existing frequency allocations and require special precautions to protect GPS operations in adjacent bands, conditional approvals for concept have been already obtained in the for the deployment of new integrated satellite and terrestrial networks using standard devices with form factors similar to current PCS/Cellular devices. There is a convergence between emerging wireless and mobile satellite services. Examples include deployment of S-Band and L-Band integrated MSS networks in the by ICO Global Communications (DSDB recently acquired by Dish Network), TerreStar, and LightSquared.
  • Interoperability is described as the ability of diverse information systems, devices, and applications to connect, in a synchronized manner, inter and intra organizational boundaries to access, exchange, and cooperatively use the data amongst stakeholders. Data exchange architectures and standards allow relevant data to be shared effectively and securely, within all applicable settings and with relevant stakeholders (including with the person whose information is being shared).
  • Optimally, interoperability facilitates the connections and integrations across these communication systems to occur regardless of the data’s origin or destination and ensures the data are usable and readily available to share without additional intervention by the end user. In the mobile satellite services market, the connection can happen between fixed satellite services to MSS or others as well. It requires the facilities to have the interoperability; otherwise, the function may fail.
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    Key Manufacturers

  • Globalstar Inc.
  • Ericsson Inc.
  • Inmarsat PLC
  • EchoStar Mobile Limited
  • Iridium Communications Inc.
  • Intelsat S.A
  • Thuraya Telecommunications Company
  • ViaSat UK Limited
  • ORBCOMM  Holding BV

    Market Dynamics: –

    • Drivers: (Developing regions and growing markets)
    • Limitations: (Regional, Key Player facing Issues, Future Barriers for growth)
    • Opportunities: (Regional, Growth Rate, Competitive, Consumption)

    Mobile Satellite Services market report focuses on the latest trends in the global and regional spaces on all the significant components, including the capacity, cost, price, technology, supplies, production, profit, and competition. Moreover, the old data and present development of the Mobile Satellite Services market have been given in the scope of the report. The latest trends, product portfolio, demographics, geographical segmentation, and regulatory framework of the Mobile Satellite Services market have also been involved in the study.

    Scope of the Report:

  • Mobile satellite services (MSS) are the telecom services provided to mobile users with the help of satellite technology to establish communication between portable terminals or mobile devices. The availability of mobile communication beyond the terrestrial-based wireless system is a salient feature of MSS. The cost of mobile devices and the poor connection between mobile devices are key drawbacks of these services. MSS is used for emergencies such as distress, natural disasters, war zones, and breakdown of emergency communication.

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    TOC of Mobile Satellite Services Market Report Covered:

    Introduction, Research Methodology, Executive Summary, Key Inferences, Market Overview, Mobile Satellite Services market Dynamics, Market Segmentation, Competitive Landscape, Key Players, Future of the Market, and continued…

    Reasons to Purchase Mobile Satellite Services Market Report Covered:

    • The report analyses how Mobile Satellite Services market will grow in the future.
    • Analyzing various perspectives of the Mobile Satellite Services market with the help of Porter’s five forces analysis.
    • Study on the product type that is expected to dominate the market and regions that are expected to witness the fastest growth during the forecast period
    • Recognize the new developments, Mobile Satellite Services market shares and policies employed by the major market players.
    • Competitive landscape including the Mobile Satellite Services market share of major players along with the key policies accepted for development in the past five years
    • Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis and strategies employed by the major Mobile Satellite Services market players

    Key Market Trends:

    Voice Segment is expected to register a Significant Growth

    Companies are offering portable and fixed phone services that provide essential voice calls and messaging, for businesses operating in remote regions across the world. These voice services can be used on land, at sea, and in the air. They utilize advanced satellite communications network, offering clear voice quality and minimal call drop out.

    For government agencies, voice mobile satellite services are an effective solution to manage coast guards and forest rangers, allowing them to help people on the borders and the islands. This is necessary during natural disasters.

    Apart from government agencies, businesses adopt voice satellite services to ensure continuous, uninterrupted communications for their crews in the fishery, mining, transport, construction, and tourism industries. Individual customers also benefit from voice satellite services, especially those who are always on the move or working in areas without cellular networks.

    Companies support polar adventurers by providing them with voice satellite services, which enable satellite connectivity for mobile devices where terrestrial networks cannot reach. For instance, Polar adventurer Antony Jinman used Iridium GO! on his Antarctica trip.

    Companies are also adopting voice-based mobile satellite services to keep their employees connected with their families and close friends. For instance, Inmarsat offers one of the services called ChatCard, which helps to reduce feelings of isolation at sea, by giving crewmembers the freedom to stay in touch with family and friends, anywhere.

    North America is Expected to Hold Major Share

    North America, among the lead innovators and pioneers, in terms of adoption, is one of the largest markets for mobile satellite services. The growth in demand from end-user industries, such as government, maritime, aviation, among others, is boosting the growth of the market in the region. Moreover, the region has advanced foothold technological infrastructure and improved network connectivity.

    The government agencies in the region have taken significant efforts to introduce new satellite and navigation systems, which have further boosted the growth of the satcom industry. For instance, in June 2018, the U.S. Air Force awarded the contract of USD 130 million to SpaceX for the launch of Air Force Space Command Satellite (AFSPC) -52 satellites in the late FY2020.

    Recently, SES GS announced that the U.S. General Services Administration’s Future Satellite Communications Service Acquisition (FCSA) program had awarded SES Government Solutions the spot on the Complex Commercial Satellite Communications Solutions contract (CS3).

    This will allow the U.S. Government to take advantage of most innovative offerings, including high throughput connectivity on multi-orbit satellite fleet. Complex solutions will have any combination of fixed and mobile satellite services, service-enabling authorizations, components, and ancillary equipment, such as terminals, teleports, and peripherals.

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    Study objectives of Mobile Satellite Services Market Report:

    • To provide a detailed analysis of the market structure along with the Mobile Satellite Services market forecast of various segments and sub-segments of the Mobile Satellite Services market
    • To provide insights into factors influencing and affecting market growth
    • To provide historical, current, and forecast revenue of market segments based on material, type, design, and end user
    • To provide historical, current, and forecast revenue of market segments and sub-segments with respect to regional markets and key countries
    • To provide strategic profiling of key players in the market, comprehensively analyzing their market shares, core competencies, and drawing a competitive landscape for the market
    • To provide economic factors, technology and Mobile Satellite Services market trends that influence the global Mobile Satellite Services market

    Detailed TOC of Mobile Satellite Services Market Report 2019-2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Market Overview
    4.2 Introduction to Market Drivers and Restraints
    4.3 Market Drivers
    4.3.1 Rising Integration Demands for Satellite and Terrestrial Mobile Technology
    4.3.2 Growing Interest from Government and Military
    4.4 Market Restraints
    4.4.1 Lack of Interoperability between MSS Systems
    4.4.2 Increasing Regulations on the Use of Satellite Technology
    4.5 Value Chain / Supply Chain Analysis
    4.6 Industry Attractiveness Porters Five Force Analysis
    4.6.1 Threat of New Entrants
    4.6.2 Bargaining Power of Buyers/Consumers
    4.6.3 Bargaining Power of Suppliers
    4.6.4 Threat of Substitute Products
    4.6.5 Intensity of Competitive Rivalry

    5 MARKET SEGMENTATION
    5.1 By Service
    5.1.1 Voice
    5.1.2 Data
    5.2 By End-user Industry
    5.2.1 Maritime
    5.2.2 Enterprise
    5.2.3 Aviation
    5.2.4 Government
    5.3 Geography
    5.3.1 North America
    5.3.2
    5.3.3 Asia Pacific
    5.3.4 Latin America
    5.3.5 Middle East and Africa

    6 COMPETITIVE LANDSCAPE
    6.1 Company Profiles
    6.1.1 Globalstar Inc.
    6.1.2 Ericsson Inc.
    6.1.3 Inmarsat PLC
    6.1.4 EchoStar Mobile Limited
    6.1.5 Iridium Communications Inc.
    6.1.6 Intelsat S.A
    6.1.7 Thuraya Telecommunications Company
    6.1.8 ViaSat UK Limited
    6.1.9 ORBCOMM  Holding BV

    7 INVESTMENT ANALYSIS

    8 MARKET OPPORTUNITIES AND FUTURE TRENDS

     

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