Mobile Satellite Service Market Size was valued at USD 4.5 billion in 2022. The mobile satellite service market industry is projected to grow from USD 4.835 Billion in 2023 to USD 8.59 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 7.45% during the forecast period (2023 - 2032). Increased health concerns and challenges have led to more expensive operations and more bariatric procedures are the key market drivers enhancing the market growth.
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Mobile satellite services (MSS) market growth is anticipated during the forecasted period due to satellite communication services for the Internet of Things (IoT) and disaster management in developed regions. Mobile satellite services can be used for various purposes, including telecommunication, weather prediction and navigation, military intelligence, and space exploration.
Additionally, by enhancing 5G mobile networks with next-generation satellite capabilities, mobile satellite operators can play a significant role in the expanding 5G ecosystem, which raises the demand for mobile satellite services. Increased demand for mobility, greater integration of mobile and satellite technologies, and developments in digital technology are the main factors propelling the market growth for mobile satellite services. However, the need for more readily available bandwidth, poor voice and data quality under weak signal conditions, and the tightening of government regulations on satellite technology use are limiting factors for the growth of the mobile satellite services market.
The Internet of Things (IoT) trend, increased bandwidth availability for MSS, and increased competition in the market for Internet services all offer significant room for expansion. However, lack of confidence in the dependability of the mobile satellite services market across various geographies is a fundamental barrier to the market's growth. The growing demand for systems that enhance car navigation from the automotive industry is anticipated to significantly increase demand for mobile satellite services, according to a market study on these services. As digital technology developed, so did how people interact, learn, and work. Internet-enabled rapid technological advancements have led to positive cultural changes in developing nations. The need for mobile satellite services will likely increase as people desire for entertainment and social interaction increases. In the upcoming stages of the anticipated mobile satellite services market outlook, rural areas' use of mobile satellite services will soar. Furthermore, mobile satellite services help mitigate many risks associated with traveling through remote locations and landscapes by enabling users to communicate with family, authorities, and other parties. Thus, driving the mobile satellite service market revenue.
Based on type, the mobile satellite service market segmentation includes land MSS, aeronautical MSS, broadband MSS, maritime MSS and personal MSS. The land MSS segment dominated the market; Users can explore uncharted territory, keep an eye on site security, oversee extraction missions, and more with the help of these services, which offer connectivity solutions for users in harsh or remote environments. The services are offered by satellite operators, distributors, service providers, retailers, satellite services and capacity resellers, and equipment producers like terminals, antennas, smartphones, hotspots, and handsets.
Based on sales channels, the mobile satellite service market segmentation includes offline and online. The online category generated the most income. Online or mobile satellite services offer two-way voice and data communications to users around the world who are mobile or in remote areas. Through these services, people in remote areas can access the internet, ships and aircraft can fly safely, and defense, government, and emergency services can maintain vital communication links during crises, disasters, and other emergencies.
Figure 1: Mobile Satellite Service Market, by Sales Channel, 2022 & 2032 (USD billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Based on applications, the mobile satellite service market segmentation includes military & defense, aviation, oil & gas, media & entertainment, transportation & automotive, government, mining and others. The military & defense category generated the most income due to the growing requirement to increase military connectivity and mobility on land, sea, and air. Demand for MSS is also anticipated to rise due to rising government investments to enhance the security and safety of armed forces. When aircraft are outside the Very High Frequency (VHF) radio range, MSS enables air traffic control and crucial air radio communications. Mobile satellite services are expected to increase in demand as the need to offer commercial airline passengers full Internet access, including e-mail, secure corporate Intranet connectivity, shopping, and travel destination information, among other things, grows. Additionally, over the forecast period, this segment's revenue is anticipated to grow due to the defense industry's growing need for mobile satellite services for navigation, communication, weather monitoring and prediction, geospatial, and imagery services.
By Region, the study provides market insights into North America, Europe, Asia-Pacific and the Rest of the World. The North American weight loss market area will dominate this market, The demand for mobile satellite services in the area is anticipated to increase as a result of increased government funding for the development of newer, more sophisticated navigation and communication satellites and systems to enhance and ensure uninterrupted communication ability in remote regions.
Further, the major countries studied in the market report are The U.S., Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Figure 2: MOBILE SATELLITE SERVICES MARKET SHARE BY REGION 2022 (%)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Europe mobile satellite service market accounts for the second-largest market share Major mobile satellite service providers like Telefonaktiebolaget LM Ericsson (Ericsson, Inc. EchoStar Mobile Limited, Intelsat S.A, and others. The quick growth rate can be related to, among other things. For instance, the European Commission and the European Information and Communication Technologies (ICT) industry collaborated to create the 5G Infrastructure Public Private Partnership (5G PPP) to provide solutions, architectures, technologies, and standards for the pervasive next-generation communication infrastructures that will be used in the coming years. A further factor anticipated to support market revenue growth during the forecast period is telecom operators' increasing investments in bolstering bandwidth. Further, the German mobile satellite service market held the largest market share, and the UK mobile satellite service market was the fastest-growing market in the European region.
The Asia-Pacific Mobile Satellite Service Market is expected to grow at the fastest CAGR from 2023 to 2032. The rapid expansion of the market is attributed to the region's countries having higher rates of smartphone and Internet of Things (IoT) adoption. In addition, the demand for mobile satellite services is anticipated to increase due to population growth and a shift in consumer preferences toward smart devices, particularly in China, Japan, and India. Increased government efforts to adopt 5G technology, as well as rising demand for mobile satellite services in the transportation and defense industries, are additional factors anticipated to propel market revenue growth over the course of the forecast period. Moreover, China’s mobile satellite service market held the largest market share, and the Indian mobile satellite service market was the fastest-growing market in the Asia-Pacific region.
Leading market players are investing heavily in research and development to expand their product lines, which will help the mobile satellite service market grow even more. Market participants are also undertaking various strategic activities to expand their footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. The mobile satellite service industry must offer cost-effective items to expand and survive in a more competitive and rising market climate.
Manufacturing locally to minimize operational costs is one of the key business tactics manufacturers use in the mobile satellite service industry to benefit clients and increase the market sector. The mobile satellite service industry has offered some of the most significant advantages in recent years. Major mobile satellite service market players, including Iridium Communications Inc. (U.S.), Thuraya Telecommunications Company (UAE), Telefonaktiebolaget LM Ericsson (Sweden), Tesacom (Argentina), EchoStar Corporation (U.S.), Inmarsat Limited (U.K.), Intelsat (U.S.), GLOBALSTAR (U.S.), ViaSat Inc. (U.S.), Telstra (Australia), ORBCOMM (U.S.), and others, are attempting to increase market demand by investing in research and development operations.
Intelsat (U.S.), The most dependable satellite telecom network in the world, is run by Intelsat, the pioneer of satellite technology. No matter how challenging the challenge, we use our unmatched expertise and reach to connect people, businesses, and communities. Intelsat is constructing the future of communications with the first hybrid, multi-orbit, software-defined 5G network created for easy, seamless, and secure coverage precisely when and where our customers most need it. To give our customers the ability to dream big for the future, innovation in breakthrough technology enables us to push the boundaries of what is currently possible.
Tesacom (Argentina), More connectivity is needed than ever in our world, but there is only one company that can connect everyone to the essentials, wherever they are, and that's it. Iridium keeps people and things connected on land, in the air, or at sea by providing access to voice and data service through a constellation of satellites.
Iridium Communications Inc. (U.S.)
Thuraya Telecommunications Company (UAE)
Telefonaktiebolaget LM Ericsson (Sweden)
Tesacom (Argentina)
EchoStar Corporation (U.S.)
Inmarsat Limited (U.K.)
Intelsat (U.S.)
LOBALSTAR (U.S.)
ViaSat Inc. (U.S.)
Telstra (Australia)
ORBCOMM (U.S.)
March 2022: S.A Intelsat. and Kymeta Corporation, a satellite communications firm, announced the successful testing of satellite-enabled 5G services using Intelsat's worldwide integrated satellite and terrestrial network on Kymeta's electronic-steered flat-panel u8 antenna. Fraunhofer's Institute for Integrated Circuits (IIS) carried out the demonstration to advance the development of mobile 5G satellite communication technology.
January 2022: Partnering with JT Jersey, Ltd. is EchoStar Mobile Limited. to introduce the SYNERGY service suite. This real hybrid satellite-cellular model can support the Internet of Things (IoT) and Mobility among customers in Europe and the UK. EchoStar Mobile integrates the JT 4G platform with its European S-band mobile satellite network to create a cellular roaming network for its new SYNERGY service suite. For a networking solution that uses mobile satellite and cellular connectivity, the SYNERGY service suite is the first hybrid approach consisting of a single terminal, single subscription, and a single management interface.
Land MSS
Aeronautical MSS
Broadband MSS
Maritime MSS
Personal MSS
Offline
Online
Military & Defense
Aviation
Oil & Gas
Media & Entertainment
Transportation & Automotive
Government
Mining
Others
North America
US
Canada
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Australia
Rest of Asia-Pacific
Rest of the World
| Report Attribute/Metric | Details |
| Market Size 2022 | USD 4.5 billion |
| Market Size 2023 | USD 4.835 billion |
| Market Size 2032 | USD 8.59 billion |
| Compound Annual Growth Rate (CAGR) | 7.45% (2023-2032) |
| Base Year | 2022 |
| Market Forecast Period | 2023-2032 |
| Historical Data | 2019- 2021 |
| Market Forecast Units | Value (USD Billion) |
| Report Coverage | Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | Type, Sales Channel, Application and Region |
| Geographies Covered | North America, Europe, Asia Pacific, and the Rest of the World |
| Countries Covered | The U.S., Canada, German, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil |
| Key Companies Profiled | Iridium Communications Inc. (U.S.), Thuraya Telecommunications Company (UAE), Telefonaktiebolaget LM Ericsson (Sweden), Tesacom (Argentina), EchoStar Corporation (U.S.), Inmarsat Limited (U.K.), Intelsat (U.S.), GLOBALSTAR (U.S.), ViaSat Inc. (U.S.), Telstra (Australia), ORBCOMM (U.S.) |
| Key Market Opportunities | Enhancing 5G mobile networks with next-generation satellite capabilities |
| Key Market Dynamics | Increased demand for mobility, greater integration of mobile |
Frequently Asked Questions (FAQ) :
The mobile satellite service market size was valued at USD 4.5 Billion in 2022.
The market is projected to grow at a CAGR of 7.45% during the forecast period, 2023-2032.
North America had the largest share of the market
The key players in the market are Iridium Communications Inc. (U.S.), Thuraya Telecommunications Company (UAE), Telefonaktiebolaget LM Ericsson (Sweden), Tesacom (Argentina), EchoStar Corporation (U.S.), Inmarsat Limited (U.K.), Intelsat (U.S.), GLOBALSTAR (U.S.), ViaSat Inc. (U.S.), Telstra (Australia), ORBCOMM (U.S.).
The land MSS category dominated the market in 2022.
The military & defense had the largest share in the market.
Team Lead - Research she holds an experience of about 6+ years in market research and business consulting, working under the spectrum of information communication technology, telecommunications and semiconductor domains. aarti conceptualizes and implements a scalable business strategy and provides strategic leadership to the clients. her expertise lies in market estimation, competitive intelligence, pipeline analysis, customer assessment, etc.
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