Market Size of Mobile Satellite Services Industry
Study Period | 2019 - 2029 |
Market Size (2024) | USD 4.94 Billion |
Market Size (2029) | USD 6.96 Billion |
CAGR (2024 - 2029) | 7.11 % |
Fastest Growing Market | Asia Pacific |
Largest Market | North America |
Major Players*Disclaimer: Major Players sorted in no particular order |
Mobile Satellite Services (MSS) Market Analysis
The Mobile Satellite Services Market size is estimated at USD 4.94 billion in 2024, and is expected to reach USD 6.96 billion by 2029, growing at a CAGR of 7.11% during the forecast period (2024-2029).
The usage of satellite communication services for IoT, as well as in the disaster management areas in developed regions, is expected to boost the market studied over the forecast period.
- Mobile satellite services can find space for a wide range of applications, including telecommunication, weather prediction, navigation, military intelligence, and space exploration. Additionally, augmenting 5G mobile networks with next-generation satellite capabilities helps mobile satellite operators play a vital role in the emerging 5G ecosystem.
- Until recently, the MSS frequency bands were separate from the bands used for terrestrial cellular because the mobile user either needed a dual frequency band handset or two separate handsets. However, in the past decade, several system planners have proposed that segments of the MSS frequency bands be used for both terrestrial cellular and satellite communications so that the handsets might be simplified and the user's service is always through the same service provider.
- The terrestrial cellular network to support this mode of operation is called the ancillary terrestrial component (ATC). Although this will put additional burdens on the existing frequency allocations and require special precautions to protect GPS operations in adjacent bands, conditional approvals for the concept have already been obtained in the United States for the deployment of new integrated satellite and terrestrial networks using standard devices with form factors similar to current PCS/Cellular devices. There is a convergence between emerging wireless and mobile satellite services. Examples include the deployment of S-Band and L-Band integrated MSS networks in the United States by ICO Global Communications (DSDB recently acquired by Dish Network), TerreStar, and LightSquared.
- Interoperability is described as the ability of diverse information systems, devices, and applications to connect, in a synchronized manner, inter and intra-organizational boundaries to access, exchange, and cooperatively use the data amongst stakeholders. Data exchange architectures and standards allow relevant data to be shared effectively and securely within all applicable settings and with relevant stakeholders (including with the person whose information is being shared).
- Optimally, interoperability facilitates the connections and integrations across these communication systems to occur regardless of the data's origin or destination and ensures the data are usable and readily available to share without additional intervention by the end user. In the mobile satellite services market, the connection can happen between fixed satellite services to MSS or others as well. It requires the facilities to have interoperability; otherwise, the function may fail.
Mobile Satellite Services (MSS) Industry Segmentation
Mobile satellite services (MSS) are the telecom services provided to mobile users with the help of satellite technology to establish communication between portable terminals or mobile devices. The availability of mobile communication beyond the terrestrial-based wireless system is a salient feature of MSS. The cost of mobile devices and the poor connection between mobile devices are key drawbacks of these services. MSS is used for emergencies such as distress, natural disasters, war zones, and breakdown of emergency communication.
The Mobile satellite services market is segmented by service (voice, data), end-user industry (maritime, enterprise, aviation, and government), and geography (North America, Europe, Asia-Pacific, Latin America, Middle East & Africa). The market sizes and forecasts are provided in terms of value in USD for all the above segments.
By Service | |
Voice | |
Data |
By Geography*** | |
North America | |
Europe | |
Asia | |
Latin America | |
Middle East and Africa |
By End-User Industry | |
Maritime | |
Enterprise | |
Aviation | |
Government |
Mobile Satellite Services Market Size Summary
The Mobile Satellite Services (MSS) market is poised for significant growth, driven by the increasing integration of satellite communication services with Internet of Things (IoT) applications and disaster management efforts in developed regions. This sector encompasses a broad spectrum of applications, including telecommunications, navigation, military intelligence, and space exploration. The convergence of MSS with emerging 5G networks is particularly noteworthy, as it enhances the capabilities of mobile satellite operators within the 5G ecosystem. The market is witnessing a shift towards interoperability between satellite and terrestrial cellular networks, facilitated by the ancillary terrestrial component (ATC), which simplifies user devices and ensures seamless service provision. This trend is supported by advancements in frequency band usage and the deployment of integrated MSS networks in regions like the United States.
The MSS market is characterized by its competitive and fragmented nature, with several major players dominating the landscape. These companies are actively expanding their global presence through strategic collaborations and acquisitions, aiming to enhance their product offerings and market share. The North American region stands out as a leading market due to its robust technological infrastructure and demand from sectors such as government, maritime, and aviation. Government initiatives, including new satellite and navigation systems, further bolster the market's growth. Key players like Viasat Inc., Globalstar, and Inmarsat are at the forefront, leveraging innovative solutions to meet the evolving needs of both commercial and governmental clients. The market's expansion is also supported by partnerships and technological advancements, such as those seen with Thuraya Telecommunications and the collaboration between GSOA and GSMA, which aim to enhance global communication capabilities.
Mobile Satellite Services Market Size - Table of Contents
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1. MARKET INSIGHTS
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1.1 Market Overview
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1.2 Industry Attractiveness Porter's Five Forces Analysis
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1.2.1 Bargaining Power of Buyers/Consumers
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1.2.2 Bargaining Power of Suppliers
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1.2.3 Threat of New Entrants
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1.2.4 Threat of Substitute Products
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1.2.5 Intensity of Competitive Rivalry
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1.3 Value Chain / Supply Chain Analysis
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2. MARKET SEGMENTATION
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2.1 By Service
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2.1.1 Voice
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2.1.2 Data
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2.2 By Geography***
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2.2.1 North America
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2.2.2 Europe
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2.2.3 Asia
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2.2.4 Latin America
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2.2.5 Middle East and Africa
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2.3 By End-User Industry
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2.3.1 Maritime
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2.3.2 Enterprise
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2.3.3 Aviation
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2.3.4 Government
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Mobile Satellite Services Market Size FAQs
How big is the Mobile Satellite Services Market?
The Mobile Satellite Services Market size is expected to reach USD 4.94 billion in 2024 and grow at a CAGR of 7.11% to reach USD 6.96 billion by 2029.
What is the current Mobile Satellite Services Market size?
In 2024, the Mobile Satellite Services Market size is expected to reach USD 4.94 billion.