This report provides exclusive insights into the COVID-19 impact on the Mobile Satellite Services Market. The detailed analysis provides information about the impact of the outbreak on the demand and supply conditions, trends and forecasts of the Mobile Satellite Services Market. Moreover, the impact analysis covers the study of the COVID-19 on the supply chain of Mobile Satellite Services Market. The sectoral impact shall provide insights into both short term and long term effects of the pandemic on the related and support industries.
A recent report published by
Infinium Global Research on the mobile satellite services market provides an
in-depth analysis of segments and sub-segments in the global as well as
regional mobile satellite services market. The study also highlights the impact
of drivers, restraints, and macro indicators on the global and regional mobile
satellite services market over the short term as well as long term. The report
is a comprehensive presentation of trends, forecast and dollar values of the
global mobile satellite services market. According to the report, the global
mobile satellite services market is projected to grow at a CAGR of 8.3% over
the forecast period of 2019-2025.
Market Insight
Mobile Satellite Services means
networks of communications satellites intended for use with mobile and portable
wireless telephones. Satellites are used for telecommunication, navigation,
weather prediction, military intelligence, and space exploration. Satellite
phones are tracked through its radio emissions which will require a trained
technician and specialist equipment. Many satellite phones have automatic
location sharing. The S-band system based on its geostationary satellites is
currently developing by Mexico. On 27 November 2019, ISRO has launched a remote
sensing satellite Cartosat-3. The resolution is 1.13 m with a 16 km swath in
four-band multispectral mode and equipped with a mid-wave infrared camera with
a 5.7 m resolution. This new advancement remote sensing satellite Cartosat-3,
in turn, propel the mobile satellite services market.
The increasing demand for mobile
satellite services in disaster management areas in developed regions is
boosting the mobile satellite services market. Satellite services are used in
various applications such as telecommunication, weather prediction, and
navigation, military intelligence, and space exploration is the factor
enhancing the mobile satellite services market. Increasing the adoption of
voice-based mobile satellite services by companies to keep their employees
connected with their families and close friends is propelling the mobile
satellite services market. Technological advancement and adoption of digital
technology are the factors driving the satellite services market. The growing
demand for mobility among consumers can be another factor impelling the
satellite services market. However, strict government regulation in different
regions is the major factor hampering the satellite services market. The cost
of mobile devices and the poor connection between mobile devices are the
factors hindering the satellite services market. Moreover, the emergence of 5G creates
an opportunity for the mobile-satellite service.
Geographically, North America is
the dominant region in the satellite services market. Advanced foothold
technological infrastructure and improved network connectivity are the factors
driving the satellite services market in North America. Also, increasing demand
for the end-user industries such as aviation is another factor boosting the
satellite services market in North America. Asia Pacific is expected to grow at
the highest CAGR in the forecast period due to government initiative towards
the implementation of the 5G technology along with the rising penetration of
Internet of Things and smartphones as well as advancements in digital
infrastructure.

Segment Covered
The report on the global mobile
satellite services market covers segments such as service type, application,
and industry vertical. On the basis of service type, the sub-markets include
voice service, video service, and data service. On the basis of application,
the sub-markets include maritime, aeronautical, and land. On the basis of
industry vertical, the sub-markets include aerospace & defense, media and
entertainment, IT & telecom, mining, and other industry vertical.
Companies Profiled:
The report provides profiles of
the companies in the market such as Intelsat Corporation, Inmarsat PLC, Telstra
Corporation Limited, EchoStar Corporation, Viasat Inc., Globalstar, Inc.,
Singapore Telecommunications Limited, Iridium Communications, Inc., Orbcomm
Inc., Thuraya Telecommunications Company, and Other Companies.
Report Highlights:
The report provides deep insights
into the demand forecasts, market trends, and micro and macro indicators. In
addition, this report provides insights into the factors that are driving and
restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis
given in the report brings an insight into the investment areas that existing
or new market players can consider. The report provides insights into the
market using analytical tools such as Porter's five forces analysis and DRO
analysis of the mobile satellite services market. Moreover, the study
highlights current market trends and provides forecast from 2019-2025. We also
have highlighted future trends in the market that will affect the demand during
the forecast period. Moreover, the competitive analysis given in each regional
market brings an insight into the market share of the leading players.