Mobile Satellite Services Market forecast to witness phenomenal growth opportunities by 2024

1
Mobile Satellite Services market share research
by applications and regions for 2018-2024 Global
Market Insights, Inc.
Fuel Cell Market size worth 25.5bn by 2024
Low Power Wide Area Network
2
Overview of Mobile Satellite Services Market

• North America is projected to dominate the mobile
  satellite services market size due to the
  advanced technological infrastructure and the
  improved network connectivity. The government
  agencies have also taken significant efforts to
  introduce new satellite and navigation systems,
  which have further triggered the growth of the
  satcom industry. For instance, in June 2018, the
  U.S. Air Force awarded a contract of USD 130
  million to SpaceX for the launch of Air Force
  Space Command Satellite (AFSPC)-52 satellites in
  the late FY2020.
• Mobile Satellite Services (MSS) Market size is
  driven by the increasing demand for mobility and
  advancements in digital technologies, leading to
  the introduction of new capabilities by the
  existing MSS that include improved data and
  multimedia access. Mobile satellite services
  refer to the network that provides two-way voice
  and data communication to users located in any
  remote location. The satellite communication
  systems are becoming an integral part of
  telecommunication networks as these systems also
  offer several advantages to users, including a
  wide network coverage and uniform performance,
  irrespective of the location and useful in
  disaster response systems.

3
Continue

• The satellite systems ability to deliver
  communication capabilities independent of
  terrestrial assets makes it a key component of
  connectivity in emergency situations. The
  advancement in satellite technologies with the
  introduction of high accuracy GNSS receivers, GPS
  systems, and sensors is expected to boost the
  growth of the MSS market.
• Another factor that has fueled the mobile
  satellite services market growth includes the
  rapid adoption of mobile satellite and cellular
  services in emergency and disaster situations. As
  the deployment of wireless communications is one
  of the first priorities in emergency response,
  satellite communication systems are the only
  communications infrastructure that is not
  susceptible to damage from disasters. Also, MSS
  are also used in many countries to provide
  seismic data to government agencies to enable
  early warnings before the occurrence of
  disasters.
• The marine defense sector is expected to
  witness a higher adoption of MSS during the
  forecast timeline due to the introduction of many
  satellite and cellular service systems. For
  instance, in March 2018, COMSAT teamed up with
  Iridium to provide secure global communications
  to government military users. Under the
  partnership, the COMSAT leveraged the benefits of
  Iridium network, including on-the-move
  connectivity, providing services that meet the
  communications security requirements for the U.S.
  Department of Defense (DoD) such as personnel
  tracking, and real-time environmental assessment.

4

Browse Full Research Report On Mobile Satellite
Services Market _at_ https//bit.ly/2pCkGRL
Request for an in-depth table of contents
for this report _at_ https//bit.ly/2ONbLYM
gminsights.com/request-toc/upcoming/1797
5
Continue

• Asia Pacific is estimated to show a faster
  adoption rate toward the mobile satellite and
  cellular services due to the advancements in
  digital infrastructure and the increased efforts
  taken by the government regarding the
  implementation of the 5G technology. The
  proliferation of IoT platforms and smartphones
  will also lead to an increase in the demand for
  space-based communication systems. To unleash the
  potential of IoT, the demand for satellite-based
  solutions will increase as these systems can
  easily handle widespread connectivity challenges.
• Some of the leading players in the mobile
  satellite services market are Globalstar,
  Singtel, Iridium Communications, EchoStar,
  Telstra, Inmarsat plc, ORBCOMM, ViaSat, and
  INTELSAT. The leading players are focusing on
  strategic agreements to cater to the needs of
  their business customers.

6
Continue

• For instance, in January 2017, Inmarsat plc
  through its distribution partner Global Beam
  Telecom entered into a multi-year agreement with
  Tecbuy and Virgin Megastores in the UAE to sell
  the companys GSPS IsatPhone Satellite phones and
  IsatHub terminals to customers in the UAE. The
  mobile satellite system allows customers to stay
  connected using one device and one SIM. The
  agreement helped to foster Inmarsats commitment
  to providing reliable connectivity coupled with
  the latest advancements in the satellite
  technology. In April 2016, Globalstar Europe and
  Manx Telecom partnered to launch the integrated
  mobile satellite and cellular services to help
  disaster response teams. The new system, Extended
  Mobile Network (EMX), maintains connectivity
  through switching between cellular and satellite
  and also makes use of Smart SIM technology to use
  alternative connections from other cellular
  providers if cut-off from the primary operator.

7
Methodology

• Market
  research reports Key analytical components

8
Stay In Touch Website www.gminsights.com Soci
al Media