Global Mobile Satellite Service Market

The global Mobile Satellite Service Market is predicted to increase at a CAGR of 5.8% from USD 4.06 Billion in 2020 to USD 6′.55 Billion in 2027. Mobile Satellite Services are telecom services that deliver two-way voice and data communications to the users located in remote locations using satellite technology. Satellite transmission systems have become a considerable part of telecommunication networks as they provide various advantages to users, including wide network coverage and consistent performance irrespective of user location. MSS systems are categorized based on their orbital measurements, such as medium earth orbit, low earth orbit, and geostationary orbit. These systems are suitable in remote areas where wired networks are not available. MSS is also used in emergency conditions such as distress, natural disasters, war zones, and breakdown of communication due to several reasons.

What are Mobile Satellite Services?

Mobile satellite services deliver two-way voice and data transmissions to global users on the go or in remote locations; terminals range in altitude from handheld to laptop-size units. Terminals can also be climbed in a vehicle, with communications supported while moving. Mobile satellite services operate at L-band—low enough in the frequency range to avoid the rain fade associated with higher bandwidth Ku- and Ka-band fixed satellite systems. Like Ku and Ka bands are used for a limited set of similar applications but typically have much larger terminals; more focused beams also require the terminal to follow the satellite.

Growth Drivers

The growth in the market for portability, promotion of digital technology and increasing demand for mobility increase mobile satellite services market growth. Also, features like efficient communication of voice, data and video, and tracking and monitoring services critical for oil and gas, media, mining, military, aviation, and transport verticals, are the drivers for the market growth. As Mobile Satellite Services has developed to be more available in commercial and personal transmissions, it has become critical to understand the full potential of this technology and how it can considerably improve the day-to-day communication-related experiences. The improved frequency spectrum and the indispensable requirement in key potential markets have produced an opportunity to take the power of MSS to the next level. Considerable investments produced in management & monitoring technologies and changing laws increase the adoption of mobile satellite services. Rising numbers of mobile phone manufacturers and users control the mobile satellite services market share. Moreover, fast economic growth worldwide moves the mobile satellite services market shares. Similarly, the rapidly increasing industrialization and growing numbers of businesses across the globe provide impetus to market growth. Again, changing government guidelines and regulations affect digital services and satellite services.

Opportunities

Interoperability promotes the connections and integrations across these transmission systems to transpire however of the data’s origin or destination and ensures the data are usable and readily unrestricted to share without additional intervention by the end-user. The relationship can happen between fixed satellite services to MSS or others in the mobile satellite benefits market. It requires the facilities to have interoperability; otherwise, the function may fail. Mobile satellite phones are broadly operated in the defense and military sector to promote seamless contact with their unit during strikes or trouble situations. In addition, mobile satellite phones are slim and light and are not restricted to narrow geographic locations, making it ideal for conditions like natural or man-made tragedies to carry out adequate evacuation procedures. These elements are desired to push the growth of the mobile satellite phone market during the forecast period.

Restraints

Elements such as high cost, low functional bandwidth, and insufficient data quality and voice in bad signal conditions are expected to restrain the growth of the Mobile Satellite Services market globally. On the contrary, the growth of the internet of things (IoT), increased competition among ISPs, and the introduction of positively precise GPS systems, GNSS receivers, and sensors are anticipated to construct lucrative opportunities and offer considerable growth to the global MSS market boost.

Pre Covid-19

Before the covid-19 era, continued advancements in digital technology were the key driving factor expected to boost the global mobile satellite services (MSS) market growth before the pandemic. Similarly, an increase in focus of data applications and services will positively contribute the market growth. Moreover, an expansion in satellite communication services for IoT and the disaster management areas in developed countries is expected to propel the development of the mobile satellite services (MSS) market over the. MSS can find space for diverse applications such as telecommunication, climate prediction, navigation, and space investigation. Also, the increase in technological advancements like 4G and 5G mobile networks with next-generation satellite capabilities boosted the market growth before the covid-19.

Covid-19

The global market for mobile satellite phones is anticipated to undergo moderate expansion during the COVID-19 pandemic. The pandemic has impacted every enterprise in various ways, such as simulating demands, supplies, production, and ongoing projects in the industry. Several market players are working hard towards presenting new products and adopting different innovative strategies to minimize the pandemic’s effect on businesses. On the other hand, government bodies in different countries have been developing their consent towards mobile satellite phones in different ways during the pandemic.

Post Covid-19

The coronavirus outbreak has had an average effect on the growth of the global mobile satellite phone market, owing to the majority of lockdowns in different countries across the globe. Lockdowns showed the large-scale closure of industries across the globe, disrupting the supply chain and manufacturing plants. On the other hand, multiple market players mitigated the impact by concentrating on strategic partnerships and product development.

By Service Segmental Analysis

Voice is predicted to record considerable growth. Companies offered mobile and improved phone assistance that delivered actual voice calls and messaging for businesses working in remote regions worldwide. These voice services can be operated on land, at sea, and in the air. They use a developed satellite transmissions network, delivering clear voice quality and minimal call dropouts. For nation mechanisms, voice mobile satellite services effectively manage coast guards and forest rangers, allowing people on the borders and the islands. It is necessary during natural disasters. Apart from government agencies, businesses embrace voice satellite services to provide constant, uninterrupted transmissions for their crews in the fishery, mining, transport, construction, and tourism industries. Unique customers also help from voice satellite services, particularly those who drive or work in areas without cellular networks. Businesses are also adopting voice-based mobile satellite services to connect their workers with their families and close friends. For example, Inmarsat delivers one of the benefits called ChatCard, which helps reduce sentiments of isolation at sea by giving crew members the freedom to contact family and friends anywhere.

By Access Type Segmental analysis

The maritime sub-segment is foreseen to develop an income of $1,280.4 million by 2027, increasing from $952.9 million back in 2020 and surging at a healthy CAGR of 3.7% during the forecast period. The growing need for mobile satellite phones in the maritime sector is majorly due to the unavailability of network connections under the water. Thus, constructive communication with teams is paramount in numerous rescue operations or cases of any other emergency underwater. In addition, the adoption of voice satellite services for ongoing, uninterrupted communications is further expected to accelerate the growth of the mobile satellite phone market sub-segment during the forecast period.

By Regional Segmental Analysis

North America is the highest market for mobile satellite services based on region segment. The boost in demand from end-user industries, such as government, marine, and aviation, promotes the market’s growth in the territory. Moreover, the region has developed specialized infrastructure and improved network connectivity. The government mechanisms in the region have made considerable measures to present new satellite and navigation systems, which have further increased the growth of the Satcom industry. For example, in June 2018, the U.S. Air Force granted USD 130 million to SpaceX to launch Air Force Space Command Satellite (AFSPC) -52 satellites in the late FY2020.

Competitor Analysis

Companies include Algatech Ltd., Cyanotech Corp., AstaReal Group, CO2 GRO Inc., Beijing gingko Group, E.I.D-Parry, ENEOS Corporation, FENCHEM, Algalif Iceland Ehf., they and the major key players In the global mobile satellite services market. Key Stakeholders

• Regulatory bodies
• Market research and consulting firms
• Local governments
• Suppliers
• Retailers

Recent Developments

• In February 2018, Ericsson and MTS launched a 5G analysis center in Russia. The two firms may leverage their expertise, most delinquent technologies, and companion ecosystem to create prototypes and research new business possibilities with 5G and the Internet of Things (IoT).
• In December 2020, Vodaphone Group Plc and a British telecommunications company cooperated with AST SpaceMobile Inc., a space-based cellular broadband network company, to deliver a satellite network that operates with common mobiles.
• Recently, SES GS declared that the U.S. Services Administration’s Future Satellite Communications Service Acquisition (FCSA) program maintained awarded SES Government Solutions the area on the Complex Commercial Satellite Communications Solutions contract (CS3).
• In February 2021, the Indian government declared that they had directed Bharat Broadband Network Limited (BBNL) for finding the best or a permanent solution to Central Armed Police Force (CAPF) for improving communication systems in remote areas, as people in these areas face several difficulties while communicating with their families.

Scope of the Report

Report Attribute	Details
Market Size Value in 2020	USD 3.3 Billion
The revenue forecast in 2027	USD 6.26 Billion
Growth Rate	CAGR of 10.8 % from 2020 to 2027.
Historical data	2017-2019
Forecast period	2021 – 2027
Region covered	North America, Europe, Asia-Pacific, South America, and Middle East & Africa
Key companies Profiled	Companies include Algatech Ltd., Cyanotech Corp., AstaReal Group, CO2 GRO Inc., Beijing gingko Group, E.I.D-Parry, ENEOS Corporation, FENCHEM, Algalif Iceland Ehf. They are the major players.

Market Modelling

By Services

• Video Services
• Voice Services
• Data Services
• Tracking and Monitoring Services

By Access Type

• Land Mobile
• Maritime
• Aeronautical

By Industry Vertical

• Oil and gas
• Media and Entertainment
• Mining and defense
• Aviation
• Transportation

By Region

• North America
• Europe
• Asia Pacific
• The Middle East & Africa
• South America

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