Press release

Due to the COVID-19 pandemic and Russia-Ukraine War Influence, the global market for Maritime Satellite Communication estimated at US$ 2438.6 million in the year 2022, is projected to reach a revised size of US$ 3680.3 million by 2028, growing at a CAGR of 7.1% during the forecast period 2022–2028.

Asia-Pacific region is expected to register the highest CAGR during the forecast period.

Maritime Satellite Communication Market Report Scope
This latest report researches the industry structure, capacity, production, sales (consumption), revenue, price and gross margin. Major producers’ production locations, market shares, industry ranking and profiles are presented. The primary and secondary research is done in order to access up-to-date government regulations, market information and industry data. Data were collected from the Maritime Satellite Communication manufacturers, distributors, end users, industry associations, governments’ industry bureaus, industry publications, industry experts, third party database, and our in-house databases.

This report also includes a discussion of the major players across each regional Maritime Satellite Communication market. Further, it explains the major drivers and regional dynamics of the global Maritime Satellite Communication market and current trends within the industry.

Maritime Satellite Communication Market Key Companies Covered
In this section of the report, the researchers have done a comprehensive analysis of the prominent players operating and the strategies they are focusing on to combat the intense competition. Company profiles and market share analysis of the prominent players are also provided in this section. Additionally, the specialists have done an all-encompassing analysis of each player. They have also provided reliable sales, revenue, price, market share and rank data of the manufacturers for the period 2017–2022. With the assistance of this report, key players, stakeholders, and other participants will be able to stay abreast of the recent and upcoming developments in the business, further enabling them to make efficient choices. Mentioned below are the prime players taken into account in this research report:

-Inmarsat
-Iridium Communications
-Thuraya Telecommunications
-Hughes Network Systems
-Kvh Industries
-Viasat
-Speedcast
-Royal Imtech
-Globecomm Systems

Maritime Satellite Communication Market Segments
This report has explored the key segments: by Type and by Application. The lucrativeness and growth potential have been looked into by the industry experts in this report. This report also provides sales, revenue and average price forecast data by type and by application segments based on production, price, and value for the period 2017–2028.

Segment By Type
-Very Small Aperture Terminal (VSAT)
-Mobile Satellite Services (MSS)

Segment By Application
-Merchant Shipping
-Fishing
-Passenger Ship
-Leisure Vessels
-Offshore
-Government

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