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Mobile Satellite Services Market Share

Report ID: GMI9558
Published Date: May 2024
Report Format: PDF

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Mobile Satellite Services Market Share

Inmarsat, Iridium Communications, and EchoStar are dominant players holding market share around 24% in the mobile satellite services industry. Inmarsat offers a wide range of satellite communication solutions, including voice and data services for maritime, aviation, and land-based applications. Iridium Communications operates a constellation of low-earth orbit satellites, providing global voice and data coverage to industries such as maritime, aviation, and government.

EchoStar specializes in satellite broadband services, delivering high-speed internet connectivity to remote and underserved areas. These companies leverage their extensive satellite networks, innovative technologies, and industry expertise to meet the growing demand for reliable and resilient mobile satellite services across diverse sectors and geographical regions, cementing their position as market leaders.

Mobile Satellite Services Market Companies

Major players operating in the mobile satellite services industry are:

Inmarsat
Iridium Communications
Globalstar
Thuraya Telecommunications
EchoStar
Telesat
Singtel
Avanti Communications
Intelsat
SES
Eutelsat

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

Industry size for mobile satellite services was worth USD 4.8 billion in 2023 and is projected to expand at over 6% CAGR from 2024 to 2032, owing to the continuous advancements in satellite technology.

The data services segment in the mobile satellite services industry accounted for 28% revenue share in 2023 and is projected to expand at substantial rate from 2024 to 2032, due to the increasing demand for bandwidth-intensive applications like video streaming, large file transfers, and real-time data analytics.

The portable/hand-held terminals platform segment in the mobile satellite services industry accounted for 40% share in 2023 and is estimated to witness robust growth between 2024 and 2032, owing to the increasing trend of miniaturization and enhanced functionality.

North America industry recorded over 32% revenue share in 2023 and is estimated to depict significant growth between 2024 to 2032, owing to their increased adoption in government and defense sectors.