Mobile Satellite Services (MSS) Market Size to be Worth USD 14.25 Billion Growing at 9.5% CAGR till 2030; Industry Revenue, Statistics, Forecast by Emergen Research

The global Mobile Satellite Services (MSS) market size reached USD 6.31 Billion in 2021 and is expected to register a revenue CAGR of 9.5% during the forecast period, according to latest analysis by Emergen Research. Increasing advancements in digital technologies and increasing need for better connectivity and communications among individuals or support and/or service and other groups and researchers, travelers, hikers, wildlife department, and others staying or operating in remote locations are key factors projected to support market revenue growth between 2022 and 2030. In addition, increasing need for more accurate and timely weather forecasting and telecommunications will drive revenue growth of the market. Increasing urbanization has resulted in a rapid increase in global warming, resulting in rapid weather change, erratic weather conditions, volcanoes, wildfires, melting glacier ice, and floods, which is resulting in urgent need for better solutions to alleviate the problem, enable better and more accurate monitoring, and for providing alerts and communicating with concerned authorities/bodies in real time. MSS is an emerging solution to the problem as it will help in predicting weather and help in protecting life and property. Forecasting based on satellite services are also helpful in agriculture and various industries. Additionally, increasing need to reduce time and costs spent on after damage of properties is expected to boost demand for MSS. Furthermore, increasing need for faster, more convenient, and flexible mode of communication in remote locations is expected to drive market revenue growth during the forecast period.

However, lack of stringent government regulations is expected to hamper market revenue growth to some extent during the forecast period. Steady advancements in digital technology has resulted in emergence of more efficient communication and convenient solutions and services and this is also resulting in the development and deployment of effective communication infrastructure globally. However, lack of stringent regulations to control the illegal use of satellite services for terrorism-related activities could hamper market revenue growth to a certain extent during the forecast period. In addition, increasing restrictions on using satellite phones in specific countries and regions is expected to hamper market revenue growth to some extent going ahead.

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The latest market intelligence report offers valuable insights into the prevailing growth opportunities for the global Mobile Satellite Services (MSS) market and its intensely competitive scenario. The insightful data and information in the report have been gathered from a wide range of primary and secondary sources. This market report on Mobile Satellite Services (MSS) provides detailed information about the latest developments, trade regulations, import-export analyses, production analysis, and value chain optimization. It also analyses the impact of localized market players.

Key market aspects studied in the report:

Market Scope: The report explains the scope of various commercial possibilities in the global Mobile Satellite Services (MSS) market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.

Competitive Outlook: The leading companies operating in the Mobile Satellite Services (MSS) market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.

Report Objective: The primary objective of this report is to provide the manufacturers, distributors, suppliers, and buyers engaged in this sector with access to a deeper and improved understanding of the global Mobile Satellite Services (MSS) market.

Competitive Terrain:

The global Mobile Satellite Services (MSS) industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.

The leading market contenders listed in the report are:

Telefonaktiebolaget LM Ericsson (Ericsson, Inc.), Telstra Corporation, Ltd., ViaSat, Inc., EchoStar Corporation, Iridium Communications, Inc., Intelsat S.A., Globalstar, Inc., Thuraya Telecommunications Company, TerreStar Corporation, and SpaceQuest, Ltd.

The research study examines historic data from 2019 and 2020 to draw forecasts until 2030. The timeline makes the report an invaluable resource for readers, investors, and stakeholders looking for key insights in readily accessible documents with the information presented in the form of tables, charts, and graphs.

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Market Segmentations of the Mobile Satellite Services (MSS) Market

This market is segmented based on Types, Applications, and Regions. The growth of each segment provides accurate forecasts related to production and sales by Types and Applications, in terms of volume and value for the period between 2022 and 2030. This analysis can help readers looking to expand their business by targeting emerging and niche markets. Market share data is given on both global and regional levels. Regions covered in the report are North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Research analysts assess the market positions of the leading competitors and provide competitive analysis for each company. For this study, this report segments the global Mobile Satellite Services (MSS) market on the basis of product, application, and region:

Segments Covered in this report are:

Emergen Research has segmented global Mobile Satellite Services (MSS) market on the basis of access type, service type, end-use:

Access Type Outlook (Revenue, USD Billion; 2019–2030)

  • Land
  • Maritime
  • Aeronautical

Service Type Outlook (Revenue, USD Billion; 2019–2030)

  • Video Service
  • Voice Service
  • Data Service
  • Tracking & Monitoring Service

End-use Outlook (Revenue, USD Billion; 2019–2030)

  • Banking, Financial Services and Insurance (BFSI)
  • Aerospace & Defence
  • Healthcare
  • Public Sector
  • IT & Telecom
  • Retail
  • Others

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Regional Outlook of the Mobile Satellite Services (MSS) Market

The global Mobile Satellite Services (MSS) market has been categorized into several important geographical regions, including North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. In this section, authors of the report have studied the presence of the global Mobile Satellite Services (MSS) market across major geographies. Moreover, the estimated market share, market size, revenue contribution, sales network and distribution channel, and other crucial elements of each regional segment have been detailed in the report.

Key Points of the Geographical Analysis:

  • Data and information related to the consumption rate in each region
  • Estimated increase in the consumption rate
  • Proposed growth of the market share of each region
  • Geographical contribution to market revenue
  • Expected growth rate of the regional markets

Key reasons to buy the Global Mobile Satellite Services (MSS) Market report:

  1. The latest report comprehensively studies the global Mobile Satellite Services (MSS) market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
  2. The report offers an insightful analysis of the regional outlook of the market.
  3. It offers a detailed account of the end-use applications of the products & services offered by this industry.
  4. The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.

Table of Contents

  1. Executive Summary
  2. Research Methodology
  3. Market Overview
  4. Regional Landscape
  5. Global Market Analysis and Forecast by Types
  6. Global Market Analysis and Forecast by Applications
  7. Global Market Analysis and Forecast by Regions
  8. North America Market Analysis and Forecast
  9. Europe Market Analysis and Forecast
  10. Asia Pacific Market Analysis and Forecast
  11. Latin America Market Analysis and Forecast
  12. Middle East & Africa Market Analysis and Forecast
  13. Competitive Landscape

In conclusion, the Mobile Satellite Services (MSS) Market report is an exhaustive database that will help readers formulate lucrative strategies. The Mobile Satellite Services (MSS) Market report studies the latest economic scenario with value, drivers, constraints, growth opportunities, challenges, demand and supply ratio, production capacity, import/export status, growth rate, and others. Additionally, the report also undertakes SWOT Analysis and Porter’s Five Forces Analysis to study the leading companies.

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