WILMINGTON, DE / ACCESSWIRE / September 29, 2022 / Transparency Market Research Inc. - Players in the global mobile satellite services (MSS) market offer telecommunication services that can serve the end-users beyond terrestrial range through use of satellites. These solutions are perfect for customers that reside in remote geographical areas that do not support wired network connections. Use of these solutions can offer customers communication through transmission of data and voice between two terminals. Some of the key benefits of using products and solutions offered by players in the global mobile satellite services (MSS) market include connectivity on a global level, independence regardless of terrain, diversity in access, and availability of priority access. According to a recent professional intelligence report, the global mobile satellite services (MSS) market is anticipated to reach the value of US$ 8,052.6 Mn by the end of 2027.

The solutions offered by players in the global mobile satellite services (MSS) market are used across various end-use industry verticals, including media and entertainment, military and defense, government, transportation (including rail, marine, and land), automotive, disaster management, oil and gas, mining, and aviation, among others. The demand for MSS solutions is particularly high from oil and gas, as well as military and defense industries. Additionally, solutions in the global mobile satellite services (MSS) market can also be helpful in various applications, such as space exploration, weather prediction, enhanced telecommunications, and navigation.

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Mobile Satellite Services (MSS) Market - Key Findings of the Report

• Increasing Demand from Oil and Gas Sector: Increasing initiatives for oil and gas extraction, as well as mining activities in remote areas across the world are boosting the demand within the global mobile satellite services (MSS) market. Players in the oil and gas industry are using the solutions from the MSS market to facilitate video streaming in their mines and oil reserves. These video streaming solutions aid them in monitoring the progress of their operations, as well as welfare of the crew and equipment.

• Rising Focus on Data Applications: One of the most prominent drivers for the expansion of the global mobile satellite services (MSS) market is consistent advancements in the field of communications technologies. Furthermore, rising usage of low Earth orbit, medium Earth orbit, and geostationary orbit satellites to facilitate data as well as voice communication applications is also propelling market growth. In addition to this, rising use of satellites in disaster management as well as internet of things networks is also favoring the expansion of MSS market.

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Mobile Satellite Services (MSS) Market - Growth Drivers

• Rising demand from the military and defense end-use sector is anticipated to propel growth within the global mobile satellite services (MSS) market

• Increasing demand for mobility and stable data or voice connections while traveling boosts market expansion

Mobile Satellite Services (MSS) Market - Key Players

Some of the leading players operating in the global mobile satellite services (MSS) market include Ericsson AB, Inmarsat Inc., Iridium Communications, Inc., Singtel Satellite, Tesacom, ViaSat, Inc., Echostar Corporation, GlobalStar Corporation, Intelsat S. A., ORBCOMM, inc., Telstra Corporation Ltd., and Thuraya Telecommunications Company.

Mobile Satellite Services (MSS) Market - Regional Growth Assessment

North America accounted for a large share of the global mobile satellite services (MSS) market in 2019, followed by Asia Pacific and Europe. Rising demand for smart devices, increasing need for fast paced and stable data and/or voice connections, and increasing demand from economies such as China and India, are some of the key factors stimulating the development of Asia Pacific mobile satellite services (MSS) market.

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Mobile Satellite Services (MSS) Market: Segmentation

Mobile Satellite Services (MSS) Market, by Access Type

• Aeronautical MSS

• Land MSS

• Maritime MSS

• Personal MSS

• Broadcast MSS

Mobile Satellite Services (MSS) Market, by Service Type

• Data Service

• Voice Service

Mobile Satellite Services (MSS) Market, by End-use Industry

• Oil & Gas

• Media & Entertainment

• Mining

• Military & Defense

• Aviation

• Government (Disaster Management)

• Transportation

  • Land

  • Rail

  • Marine

• Automotive

• Others

Mobile Satellite Services (MSS) Market, by Region

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • Germany

  • U.K.

  • France

  • Russia

  • Spain

  • Rest of Europe

• Asia Pacific

  • China

  • India

  • Japan

  • Australia

  • Rest of Asia Pacific

• Middle East & Africa

  • United Arab Emirates

  • South Africa

  • Rest of Middle East & Africa

• South America

  • Brazil

  • Rest of South America

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