How big is the Maritime Satellite Communication Market?

The Maritime Satellite Communication Market size is expected to reach USD 6.47 billion in 2024 and grow at a CAGR of 11% to reach USD 10.91 billion by 2029. Read More

What is the current Maritime Satellite Communication Market size?

In 2024, the Maritime Satellite Communication Market size is expected to reach USD 6.47 billion. Read More

Who are the key players in Maritime Satellite Communication Market?

Inmarsat Group Limited, Marlink SAS (Providence Equity Partners), KVH Industries Inc., Speedcast and NSSL Global Limited are the major companies operating in the Maritime Satellite Communication Market. Read More

Which is the fastest growing region in Maritime Satellite Communication Market?

Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Maritime Satellite Communication Market?

In 2024, the North America accounts for the largest market share in Maritime Satellite Communication Market. Read More

What years does this Maritime Satellite Communication Market cover, and what was the market size in 2023?

In 2023, the Maritime Satellite Communication Market size was estimated at USD 5.76 billion. The report covers the Maritime Satellite Communication Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Maritime Satellite Communication Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Maritime Satellite Communication Market Share

Statistics for the 2023 & 2024 Maritime Satellite Communication market share, created by Mordor Intelligence™ Industry Reports. Maritime Satellite Communication share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Maritime Satellite Communication Industry

The maritime satellite communication market is favorably competitive with several players. In terms of market share, few of the major players currently dominate the market. These major players, with a prominent market share, focus on developing their customer base across foreign countries. These corporations leverage strategic collective initiatives to increase their market share and profitability.

April 2024: Unseenlabs, a French maritime surveillance company known for its expertise in radio frequency (RF) detection, is set to bolster its fleet. In 2026, the company plans to broaden its scope, moving beyond maritime surveillance to monitor both terrestrial and space environments. This expansion will be facilitated by Unseenlabs' innovative "monosatellite" technology, allowing the company to extend its surveillance capabilities across the seas, land, and space.
January 2024: In a historic move, India's ISRO is set to deploy its 4.7-tonne GSAT-20 communications satellite, utilizing SpaceX's Falcon-9 rocket. GSAT-20's mission is to bolster India's broadband capabilities, elevate in-flight and maritime communications, and fortify cellular backhaul services.