Global Mobile Satellite Services (MSS) Market to Grow at 7.4% CAGR through 2025

ALBANY, USA, 2018-Apr-12 — /EPR Network/ —A new detailed study titled “Mobile Satellite Services (MSS) Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2025” has recently been submitted to the repository of Market Research Reports Search Engine (MRRSE). According to the report, the global mobile satellite services market is likely to witness a CAGR of 7.4% during the assessment period.

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According to the report, growing emphasis on round-the-clock and seamless communication channels are likely to promote the growth of mobile satellite services market during the assessment period. Companies around the globe are focusing on offering high-quality calling and data services to their consumers. This is one of the key factors for the increase in investment for mobile satellite services.

The report segments the global mobile satellite services market on the basis of end-use industry, service type, access type and region. The end-use industry segment is further sub-segmented into automotive, transportation (marine, land & rail), government (disaster management), aviation, military & defense, mining, media & entertainment, oil & gas and others. The access type segment categorize s the global market by broadcast MSS, personal MSS, maritime MSS, land MSS and aeronautical MSS. The service type segment is bifurcated into voice services and data services. Geographically, the market is divided into key regions globally which are North America, South America, Europe, Asia Pacific and Middle East & Africa.

According to the report, North America is one of the leading markets for mobile satellite services market globally. The demand for mobile satellite services in North America is concentrated in the US. A number of top market participants in the mobile satellite services market are based in the US, which has increased the lucrativeness of the market.

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In addition to North America, Asia Pacific is another key market for mobile satellite services globally. The adoption of mobile satellite services in Asia Pacific is concentrated in China and India. The report projects proliferation of mobile satellite services to grow at a brisk pace in Asia Pacific during the assessment period.

The report profiles some of the leading players operating in the market. Some of these players are Echostar Corporation, GlobalStar, Ericsson AB, Inmarsat Inc., Iridium Communications Inc., Intelsat, S.A., ORBCOMM, Inc., Telstra Corporation Limited, Singtel Satellite, Tesacom, ViaSat Inc. and Thuraya Telecommunications Company. The report studies the business and product strategies of the key players in detail.

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