Mobile Satellite Services Market

Mobile Satellite Services Market Outlook (2024 to 2034)

The global mobile satellite services market is estimated to be valued at US$ 6.31 billion and has been forecasted to expand at a CAGR of 6.2% to reach US$ 11.53 billion by the end of 2034.

The use of satellite communication services for IoT and disaster management in developed countries is expected to drive market growth. Telecommunication, weather prediction and navigation, military intelligence, and space exploration are just some of the applications that mobile satellite services can find room for. Also, enhancing 5G mobile networks with next-generation satellite capabilities allows mobile satellite operators to play an important role in the growing 5G ecosystem, thus improving the demand for mobile satellite services, making the mobile satellite services market size increase at a steady rate.

Market expansion is primarily driven by an increase in demand for mobility, an increase in integration between mobile and satellite technologies, and advancements in digital technology. However, market growth is constrained by a lack of accessible bandwidth, poor voice and data quality in weak signal situations, and increased government regulations on the use of satellite technology, contributing to mobile satellite services market growth.

Increased competition in the Internet services market, increased provision of more bandwidth for MSS, and rising adoption of the Internet of Things (IoT) all present significant growth potential. However, a fundamental constraint for market expansion is a lack of confidence in the reliability of the market across different geographies.

• Iridium Communications, Inc., for example, stated in March 2021 that it had topped 152,000 total customers, with a 13 percent subscriber growth in 2020. In addition, Iridium Communications, Inc. reported a 26 percent increase in subscription rates during the pandemic in October 2020. Following COVID-19, such proactive steps by the market players are projected to boost revenue growth.
• Service providers have a keen eye on North America, as the market share occupied by the region grew from 30% in 2019 to 33% in 2024.

Report Attributes	Details
Mobile Satellite Services Market Size (2024E)	US$ 6.31 Billion
Forecasted Market Value (2034F)	US$ 11.53 Billion
Global Market Growth Rate (2024 to 2034)	6.2% CAGR
East Asia Market Value (2034F)	US$ 3 Billion
North America Market Share (2034F)	31.5%
Voice Services Segment Value (2034F)	US$ 6.68 Billion
Mexico Market Value (2034F)	US$ 722.5 Million
Key Companies Profiled	Inmarsat; Iridium Communications; Thuraya Telecommunications; EchoStar; Telesat; Singtel; Avanti Communications; AI Yah Satellite Communications; Globalstar Inc.; Viasat Inc.

What is Leading to Systematic Rise in Demand for Mobile Satellite Services?

“Increasing Incorporation of Navigation Capabilities in Automotive Industry”

The mobile satellite services market study highlights a significant rise in demand, driven by the automotive industry's need for enhanced car navigation systems. As digital technology advances, changes in communication, education, and work patterns are evident worldwide. This rapid progress, facilitated by the Internet, fosters positive cultural shifts, particularly in developing nations, fueling a growing desire for social interaction and entertainment, thereby boosting mobile satellite services demand.

Mobile satellite services mitigate risks associated with travel through remote landscapes, enabling users to maintain communication with family and authorities even where cellular networks are unreliable or absent. This reliability enhances user safety, security, convenience, and confidence.

Market expansion is further propelled by increasing demands for accessible and dependable communication options anytime, anywhere, particularly in areas prone to cellular network breakdowns. Mobile satellite services offer reliable connectivity for voice, video, and data, revolutionizing communication and mobility at a reduced cost.

Notably, the growing preference for secure and direct satellite communication solutions to complement terrestrial networks is expected to drive substantial growth in the mobile satellite services market during the forecast period.

What are the Challenges Faced by Mobile Satellite Service Providers?

“High Initial Cost for Developing and Deploying Satellites and Limited Bandwidth Availability”

Market players are facing challenges due to high initial costs and extended development and deployment timelines for satellites and systems. Satellite networks rely on components such as satellites, Earth stations, sensors, and transmitters, necessitating substantial financial investment, expert teams, and lengthy development phases. Once launched, satellites cannot be repaired if damaged, resulting in significant financial risks that impact market dynamics.

Factors such as limited bandwidth, weak government regulations, and the time-intensive processes involved in satellite design, construction, deployment, and monitoring are anticipated to impede global market growth during the forecast period. Satellite services are increasingly replacing traditional cellular networks and services, yet regulatory constraints in some regions restrict bandwidth availability, affecting voice and data quality under adverse signal conditions.

Over the forecast period, significant propagation delays and interference from thunderstorms and atmospheric disturbances are expected to further challenge the adoption of mobile satellite services.

Country-wise Analysis

Living in an interconnected world has increased the requirement for mobile satellite services around the world. Major countries contributing to this market include the United States, China, Canada, and Japan. Among all these countries, the United States in North America is expected to hold a significant mobile satellite services market share.

What is Amplifying Opportunities for Mobile Satellite Service Companies in the United States?

“Direct-to-Direct Communication and High-Throughout Satellites Key Trends”

Attribute	United States
Market Value (2024E)	US$ 927.5 Million
Growth Rate (2024 to 2034)	6% CAGR
Projected Value (2034F)	US$ 1.65 Billion

D2D allows satellite services to reach end-user devices without the need for intermediates and eliminates the need for extensive ground infrastructure. This is improving the versatility and accessibility of MSS in various applications including phones. This mobile satellite services market trend is minimizing latency by establishing direct links between satellites and user devices. This results in improved quality of service for real-time applications.

Why is Adoption of Mobile Satellite Services High in South Korea?

“High Investments in Mobile Satellite Services to Improve Military Efficiency”

Attribute	South Korea
Market Value (2024E)	US$ 329.5 Million
Growth Rate (2024 to 2034)	7.7% CAGR
Projected Value (2034F)	US$ 692.3 Million

Investing in the security and efficiency of the military is crucial for South Korea. Mobile satellite services are highly regarded for their privacy handling and ability to provide real-time communication, which enhances soldier engagement and overall national security. This factor underscores the government's efforts to attract mobile satellite service providers, encouraging them to establish and invest significantly in MSS infrastructure.

Category-wise Evaluation

The mobile satellite services market is segmented across various dimensions. In terms of service, the market encompasses voice and data services catering to diverse communication needs. Applications include land, aeronautical, and maritime mobile satellite services, each tailored to specific operational environments.

What are the Key Benefits of Voice Services?

“Voice Services Ensuring Continuous Communication in Remote and Underserved Locations”

Attribute	Voice Services
Segment Value (2024E)	US$ 3.54 Billion
Growth Rate (2024 to 2034)	6.6% CAGR
Projected Value (2034F)	US$ 6.68 Billion

Voice services are prominently used by various industries for day-to-day activities, allowing users to stay connected even in remote locations or areas with limited terrestrial network coverage. Industries such as maritime, aviation, emergency response, and remote field operations rely on voice services to ensure constant communication and operational efficiency. This is increasingly becoming a major market trend.

Which Industry Extensively Uses Mobile Satellite Services?

“Widespread Use of Mobile Satellite Services in Military and Defense”

Attribute	Military & Defense
Segment Value (2024E)	US$ 1.83 Billion
Growth Rate (2024 to 2034)	5.8% CAGR
Projected Value (2034F)	US$ 3.23 Billion

The military and defense sector is a primary user of mobile satellite service (MSS) technology. Military organizations rely on MSS providers for secure and reliable voice and data connectivity in remote and challenging environments. MSS technology is crucial for enabling command and control, tactical communications, intelligence gathering, and mission-critical operations, supporting defense and security applications globally.

Business Competition

Key players in the mobile satellite services market understand the importance of introducing new products including satellite services and satellite internet.

• In May 2023 Australia and New Zealand signed a US$ 123 contract with Inmarsat for the new SouthPAN satellite service. Satellite positioning services will be provided by one of Inmarsat's three new I-8 satellites starting in 2027.
• Thuraya and eSAT Global announced that they completed a low-latency over-the-air demonstration, direct-to-satellite IoT texting system by transmitting low-power IoT messages using Thuraya’s satellite network (Thuraya-2 Satellite “T2”). eSAT was able to send and receive messages up to 320 characters long via the T2 satellite using less transmission power (<200 microwatts) than a typical car key fob, in May 2023.
• Apple introduced its revolutionary safety feature, Emergency SOS via satellite, to customers in the United States and Canada. Accessible on all iPhone 14 models, this cutting-edge technology allows users to communicate with emergency services even when they are beyond cellular and Wi-Fi coverage, in November 2022.
• Intellian announced the opening of its London office for a product innovation hub focused on developing next-generation L-band terminals for existing and new market segments in both the maritime and commercial sectors, in April 2022.

Fact.MR provides detailed information about the price points of key providers of mobile satellite services positioned across the world, sales growth, production capacity, and speculative technological expansion, in this updated market report.

Segmentation of Mobile Satellite Services Market Research

• By Service:

  • Voice
  • Data

• By Application:

  • Land Mobile Satellite Services
  • Aeronautical Mobile Satellite Services
  • Maritime Mobile Satellite Services

• By Industry:

  • Oil & Gas
  • Media & Entertainment
  • Transportation
  • Aviation
  • Defense
  • Automotive
  • Government
  • Others

• By Region:

  • North America
  • Western Europe
  • Eastern Europe
  • Latin America
  • East Asia
  • South Asia & Pacific
  • Middle East & Africa