Mobile Satellite Services Market Size – Analysis by Global Trends, Recent Demand Status & Share, Top Key Players, Business Strategies and Opportunities Forecast to 2024

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Sep 28, 2020 (The Expresswire) —
The “Mobile Satellite Services Market” report provides coverage of current and emerging market trends, market drivers, and insights offered by industry experts. It offers an in-depth analysis and all the information required by the new entrants and emerging players to stay ahead in the competition. The report examines the overall Mobile Satellite Services market size, share, opportunities, historical analysis, technological advancements for the forecast period.

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

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Key Players Mentioned in the Mobile Satellite Services Market Report:

● Globalstar Inc. ● Ericsson Inc. ● Inmarsat PLC ● EchoStar Mobile Limited ● Iridium Communications Inc. ● Intelsat S.A ● Thuraya TelecommunicationsÂCompany ● ViaSatÂUK Limited ● ORBCOMM EuropeÂHolding BV

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 United States 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 United States 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. ●

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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Mobile Satellite Services Market Report Includes the Following Insights:

● Mobile Satellite Services market growth outlook in terms of value and volume. ● Strategies utilized by different Mobile Satellite Services market players. ● Drivers, restraints, opportunities and trends (DROT Analysis) impacting the growth prospect for the Mobile Satellite Services over the forecast period. ● End use consumption of the Mobile Satellite Services across various regions. ● Identify the ecological impacts of the Mobile Satellite Services and what regulations are being imposed on its usage.

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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What Global Mobile Satellite Services Market Report Offers?

● Provides strategic profiling of key players in the Mobile Satellite Services market. ● Drawing a competitive landscape for the world Mobile Satellite Services industry. ● Describes insights about factors affecting the Mobile Satellite Services market growth. ● Analyze the Mobile Satellite Services market share based on various factors- price analysis, supply chain analysis etc. ● Extensive analysis of the industry structure along with Mobile Satellite Services market forecast 2020-2024. ● Granular Analysis with respect to the current Mobile Satellite Services market size and future perspective.

Detailed TOC of Mobile Satellite Services Market Forecast Report 2020-2024:

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 Europe
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 TelecommunicationsÂCompany
6.1.8 ViaSatÂUK Limited
6.1.9 ORBCOMM EuropeÂHolding BV

7 INVESTMENT ANALYSIS

8 MARKET OPPORTUNITIES AND FUTURE TRENDS

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