Recent Advancements Propel Global Mobile Satellite Services Market Growth

Global mobile satellite services market is anticipated to grow at a CAGR of 6.9% during the forecast period (2024-2031). Mobile satellite services are used for several applications including communication in maritime, aviation, and land mobile settings. These services facilitate reliable communication between ships and coastal facilities, track vessels, offer internet access and weather updates, enhance flight safety and efficiency, support field operations, and enables secure communication in remote locations. 

Browse the full report description of “Mobile Satellite Services Market Size, Share & Trends Analysis Report By Service (Voice, and Data), by Application (Land Mobile, Aviation & Aeronautics, Maritime, and M2M), and by End-User (Defense & Intelligence, Healthcare, Government, Industrial, Enterprise, and Others) Forecast Period (2024-2031)” at https://www.omrglobal.com/industry-reports/mobile-satellite-services-market

Recent market developments

• In April 2024, Druid Software joined the Mobile Satellite Services Association (MSSA), a global initiative aimed to advance D2D and IoT connectivity through a network of NTN providers. MSSA aims to develop a global ecosystem using L- and S-band spectrum for mobile satellite services.

• In Feburary 2024, Rakuten Mobile launched a satellite-to-mobile service in Japan in collaboration with AST SpaceMobile, initially for messaging but eventually expanding to internet, voice, and video services for regular smartphones.

• In May 2024, AT&T  launched satellite-to-smartphone services, initially for messaging but eventually expanding to internet, voice, and video services using smartphones. The service connected to cellphones with 14Mbps download bandwidth.

• In June 2023, Spark launched a satellite-to-mobile service in partnership with Lynk Global, aiming to improve customer connectivity. The trial phase is set to begin later this year, with selected customers participating in a free trial.

Market Coverage

• The market number available for – 2023-2031

• Base year- 2023

• Forecast period- 2024-2031

• Segment Covered- 

o By Service

o By Application

o By End-User

• Regions Covered-

o North America

o Europe

o Asia-Pacific

o Rest of the World

• Competitive Landscape - EchoStar Corp., Inmarsat Global Ltd., Iridium Satellite LLC, Globalstar, Inc., and  Viasat Inc. among others.

Key questions addressed by the report.

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• Who is the leader in the market?
• How are players addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Mobile Satellite Services Market Report Segment

By Service

• Voice
• Data

By Application

• Land Mobile
• Aviation & Aeronautics
• Maritime
• M2M

By End-User

• Defense & Intelligence
• Healthcare
• Government
• Industrial
• Enterprise
• Others (Oil & Gas (O&G), and Media and Entertainment)

Global Mobile Satellite Services Market Report Segment by Region

North America

• United States

• Canada 

Europe

• UK

• Germany

• Italy

• Spain

• France

• Rest of Europe 

Asia-Pacific

• China

• India

• Japan

• South Korea

• Rest of Asia-Pacific 

Rest of the World

• Latin America 

• Middle East & Africa

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