Mobile Satellite Services Market Report

Attractive Opportunities

Global Demand Analysis & Sales Opportunities in Mobile Satellite Services Market 

• The annual demand for mobile satellite services market was USD 6.84 billion in 2024 and is expected to reach USD 7.36 billion in 2025, up 7.6% than the value in 2024.
• During the next 8 years (forecast period of 2025-2032), the mobile satellite services market is expected to grow at a CAGR of 7.2%. The annual demand will reach of USD 11.97 billion in 2032, which is almost 1.63 times (~63% up) of the demand in 2025.
• During 2025-2032, the mobile satellite services industry is expected to generate a cumulative sales opportunity of USD 76.30 billion which is almost 2.1 times the opportunities during 2019-2024.

High-Growth Market Segments: 

• North America generated the highest demand in 2024, with technological innovation and a strong demand for reliable connectivity across diverse sectors as the key growth drivers in the region.
• By service type, data segment is projected to be the dominant segment during the forecast period.
• By end-user type, defense & intelligence segment is projected to account for the largest share of the market during the forecast period.

Market Statistics

Have a look at the sales opportunities presented by the mobile satellite services market in terms of growth and market forecast.

Market Dynamics

Introduction:

What are mobile satellite services?

Mobile Satellite Services (MSS) are satellite telecommunications systems that deliver two-way data, voice, and messaging services to users in remote or mobile locations. MSS employs satellites to relay signals up from a portable device and return down to a ground-based station in order to provide communication independent of terrestrial infrastructure. This makes MSS essential for sectors such as maritime, aviation, defense, emergency response, and remote enterprise operations. Additionally, the MSS market will experience phenomenal growth due to increased demand for reliable communication in remote regions, advancements in satellite technology, and the integration of MSS with future technologies like the Internet of Things (IoT) and 5G networks. These factors collectively enhance the capabilities and applications of MSS, making it a critical component of the global communication infrastructure.

Market Drivers:

Growing Demand for Connectivity in Remote Locations:

• One of the major factors propelling the growth of the mobile satellite services market is the growing demand for reliable internet and communication services in remote and rural areas. Telecom operators and mobile satellite service providers are collaborating to address the problem of poor network coverage in remote regions, with an aim to offer network connectivity in regions where the existing terrestrial network falls short. 
• Moreover, as mobile satellite services offers a viable solution to traditional terrestrial infrastructure, they are best suited for providing connectivity solutions for industries such as maritime, oil & gas, defense, aviation, and emergency response, ensuring seamless communication in challenging environments or the remote locations.

Market Challenges:

High Cost Associated with the Deployment and Maintenance:

• The high cost associated with the deployment and maintenance of mobile satellite services is one of the major challenges faced by the providers of remote connectivity solutions. Unlike terrestrial communication systems, mobile satellite services involve significant capital investment in infrastructure and services, including satellite launches, ground station build-out, and maintenance.
• The high cost of the initial setup and running expenses could discourage some small businesses or organizations from adopting mobile satellite services, thus limiting its widespread market growth.

Market Opportunities:

Rising Deployment of 5G Technology:

• The rising deployment of 5G technology is creating substantial growth opportunities within the Mobile Satellite Services (MSS) market. As 5G attempts to provide ultra-high-speed, low-latency connectivity, the built-in limitations of ground-based infrastructure, especially in remote and underserved areas, have become increasingly evident.
• Thus, mobile satellite service providers are well-placed to fill these gaps by providing 5G connectivity to regions where traditional network rollout is economically unviable or logistically challenging.

Market Segments' Analysis

By Service Type 

“Data segment is expected to be the dominant segment with the highest growth rate during the forecast period.”

• The mobile satellite services market is segmented by service type into voice and data.
• Data segment is expected to be the dominant segment with the highest growth rate during the forecast period, driven by the growth of data-intensive applications such as Internet of Things (IoT), machine-to-machine (M2M) communications, and real-time analytics across sectors like transportation, logistics, energy, and agriculture.
• The market is further fueled by technological advancements in satellite technology, in the form of higher throughput satellites and better compression algorithms, which have enhanced the efficiency and accessibility of these services.  

By End-user Type 

“Defense & Intelligence is expected to account for the largest share of the market during the forecast period.”

• The mobile satellite services market is segmented by end-user type into defense & intelligence, government, industrial, and enterprises.
• Defense & Intelligence is expected to account for the largest share of the market during the forecast period, driven by the growing demand for reliable and secure communication in remote and challenging environments. These services are utilized in unmanned aerial vehicles for providing real-time Intelligence, Surveillance, and Reconnaissance (ISR) functionality. 
• In addition, the increasing use of these services for secure voice and data communication in tactical environments allows troops to communicate effectively where terrestrial networks are not possible or reliable. 

Regional Analysis 

“North America is expected to be the dominant and fastest-growing region over the forecasted period.”

• Based on region, the mobile satellite services market has been segmented into North America, Europe, Asia Pacific, and the Rest of the world.
• North America is expected to be the dominant and fastest-growing region over the forecasted period, due to a combination of technological innovation and a strong demand for reliable connectivity across diverse sectors. The growing use of mobile satellite services in this region is further fueled by the need for reliable and affordable connectivity in remote areas.
• Mobile satellite services provide a suitable alternative to traditional networks, making it possible for individuals in these locations to stay connected. 

Competitive Landscape

Top Players 

Most of the major players compete in some of the factors, including price, service offerings, regional presence, etc. The following are the key players in the mobile satellite services market -  

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

Note: The above list does not necessarily include all the top players in the market.

Are you a leading player in this market? We would love to include your name. Please write to us at [email protected]

Recent Developments/Mergers & Acquisitions:

• In May 2024, SmarTone and China Telecom announced their collaboration to bring direct-to-phone satellite connectivity in Hong Kong. This revolutionary service will enable callers to make  calls and send messages even in situations when conventional networks are not available.
• In January 2024, SpaceX launched the initial six Starlink satellites featuring direct-to-cell technology on a Falcon 9 rocket from Vandenberg Space Force Base in California. These satellites are meant to offer network access in the rural and outlying areas, beginning with text messaging and progressing to voice and restricted data services.

Report Features

This report provides market intelligence most comprehensively. The report structure has been kept so that it offers maximum business value. It provides critical insights into market dynamics and will enable strategic decision-making for existing market players as well as those willing to enter the market.

The following are the key features of the report:

• Market structure: Overview, industry life cycle analysis, supply chain analysis.
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
• Market trend and forecast analysis.
• Market segment trend and forecast.
• Competitive landscape and dynamics: Market share, Service portfolio, New Product Launches, etc.
• COVID-19 impact and its recovery curve.
• Attractive market segments and associated growth opportunities.
• Emerging trends.
• Strategic growth opportunities for the existing and new players.
• Key success factors.

Market Segmentation 

This report studies the market, covering a period of 15 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision-making and growth strategy formulation based on the opportunities present in the market.

The mobile satellite services market is segmented into the following categories:

By Service Type

• Voice 
• Data 

By Application Type

• Land Mobile 
• Aviation & Aeronautics 
• Maritime 
• M2M Services 

By End-User Type

• Defense & Intelligence 
• Government 
• Industrial 
• Enterprise 

By Region

• North America (Country Analysis: The USA, Canada, and Mexico)
• Europe (Country Analysis: Germany, France, The UK, Russia, and the Rest of Europe)
• Asia-Pacific (Country Analysis: China, Japan, India, and Rest of Asia-Pacific)
• Rest of the World (Country Analysis: Brazil, Saudi Arabia, and Others)

Research Methodology

• This strategic assessment report from Stratview Research provides a comprehensive analysis that reflects today’s Mobile Satellite Services market realities and future market possibilities for the forecast period. 
• The report segments and analyzes the market in the most detailed manner in order to provide a panoramic view of the market.
• The vital data/information provided in the report can play a crucial role for market participants and investors in identifying the low-hanging fruits available in the market and formulating growth strategies to expedite their growth process.
• This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.
• More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data.
• We conducted more than 15 detailed primary interviews with market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.

Report Customization Options

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

• Detailed profiling of additional market players (up to three players)
• SWOT analysis of key players (up to three players)

Competitive Benchmarking

• Benchmarking of key players on the following parameters: Service portfolio, geographical reach, regional presence, and strategic alliances

Custom Research: Stratview Research offers custom research services across industries. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to [email protected]