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MARITIME SATELLITE COMMUNICATIONS

Global Market Trajectory & Analytics

MCP13185

VALIDATED EXECUTIVE ENGAGEMENTS

Number of executives repeatedly engaged by snail & email outreach*

POOL + OUTREACH

603

Interactions with Platform & by Email *

INTERACTIONS

121

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24

Responses Validated *

VALIDATIONS

12

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  •  DATE

    JULY 2020

  •  TABLES

    165

  •  PAGES

    241

  •  EDITION

    6

  •  PRICE

    USD $4950

COVID-19 IMPACT SURVEY
Amid the COVID-19 crisis, the global market for Maritime Satellite Communications estimated at US$2.8 Billion in the year 2020, is projected to reach a revised size of US$4.6 Billion by 2027, growing at a CAGR of 7.7% over the period 2020-2027.VSAT, one of the segments analyzed in the report, is projected to grow at a 8.8% CAGR to reach US$3.2 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the MSS segment is readjusted to a revised 5.5% CAGR for the next 7-year period. This segment currently accounts for a 36.5% share of the global Maritime Satellite Communications market.
The Maritime Satellite Communications market in the U.S. is estimated at US$814.5 Million in the year 2020. The country currently accounts for a 29.59% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$801.2 Million in the year 2027 trailing a CAGR of 7.1% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 7.2% and 6.1% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 6.1% CAGR while Rest of European market (as defined in the study) will reach US$801.2 Million by the year 2027.We bring years of research experience to this 6th edition of our report. The 241-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Competitors identified in this market include, among others, Globecomm Systems, Inc.; Hughes Network Systems LLC; Inmarsat plc; Iridium Communications, Inc.; KVH Industries, Inc.; MTN Group Limited; Navarino; Network Innovations Inc.; NSSLGlobal Ltd; Speedcast International Limited; Thuraya Telecommunications Company; ViaSat, Inc.; VT iDirect, Inc.
» End-Use (Merchant Shipping, Fishing, Passenger Ship, Leisure Vessels, Offshore, Government, Other End-Uses) » Service (Voice, Video, Data, Tracking & Monitoring) » Type (VSAT, MSS)
» World » United States » Canada » Japan » China » Europe » France » Germany » Italy » United Kingdom » and Rest of Europe » Asia-Pacific » Rest of World

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