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Mobile Satellite Services Market Projected to Be Worth $5.62 Billion by 2019 & North America Is Expected to Be the Largest Market in Terms of Market Size(ReleaseWire Via Acquire Media NewsEdge) Mobile Satellite Services Market categorizes the global market by Services as Video, Voice, Data, Tracking and Monitoring Services, by Access Type as Land Mobile, Maritime, Aeronautical & by Geography.Dallas, TX -- (ReleaseWire) -- 11/10/2014 -- The report “Mobile Satellite Services Market by Services (Video, Voice, Data, Tracking and Monitoring Services), by Access Type (Land Mobile, Maritime, Aeronautical) - Worldwide Market Forecasts and Analysis (2014 - 2019)”, defines and segments the global MSS market into various sub-segments with an in-depth analysis and forecasting of market sizes. The report also identifies the factors driving the market, various restraints, and opportunities impacting it, along with the adoption trends. Mobile Satellite Service (MSS) is on the rise, with a huge surge of interest in mobile communications and high-paced developments in devices and applications. In recent years, mobile-broadband circulation has increased exponentially with improved developments in network technology. The massive implementation of MSS has been beneficial for mobile operators that plan to serve unconnected remote areas in order to increase their subscriber base. The biggest challenge for the MSS market is the increasing regulation and the heightened competition from the traditional mobile value chain, which makes it difficult for operators to offer traditional voice and data services. However, today, satellite operators are no longer the only entity dominating the satellite communication market. Data services are particularly gaining traction for remote locations, since several vertical markets are very suitable for mobile services, including transport, mining, and media. The MSS market includes big players such as Ericsson, GlobalStar, Inmarsat, Iridoum Communications, ORBCOMM, EchoStar, Intelsat, SingTel, ViaSat, and Telstra. The competition from these big players further makes it difficult for small vendors to enter the MSS market. Browse 75 market data tables and 44 figures spread through 150 pages and in-depth TOC on “Mobile Satellite Services Market by Services ( Video, Voice, Data, Tracking and Monitoring Services), by Access Type ( Land Mobile, Maritime, Aeronautical) - Worldwide Market Forecasts and Analysis (2014 - 2019)” http://www.marketsandmarkets.com/Market-Reports/mobile-satellite-services-market-182154906.html Early buyers will receive 10% customization on this report. For More Inquiry http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=182154906 The major factors driving this market are the emerging advancements in digital technology, increasing demand for mobility, rising integration demands of satellite and terrestrial mobile technology, and increasing focus of data applications and services. Policy and regulatory issues are one of the restraints for satellite operators along with the congestion of frequency bands and orbits. Hence, improved frequency spectrum will prove to be more beneficial and will enable the satellite operators to seize this opportunity by providing simpler services to end users. Indispensable requirement in key potential markets and reliability in quality of services are another opportunity for organizations and small business units. MSS mainly focuses on offering voice and data services to mobile users that are situated in remote locations. Some of the benefits that MSS offer to government organizations include all forms of communications ranging from simple voice and data to bandwidth exhaustive multimedia applications. Additionally, the benefits for the satellite communications industry are numerous. For the end users, MSS uses communication satellites that cover all terrestrial masses and are estimated to grow their volume by serving maritime and aeronautical markets. MarketsandMarkets broadly segments the global MSS market by region: North America (NA), Asia-Pacific (APAC), Europe (EU), Middle East and Africa (MEA), and Latin America (LA); by service: video, voice, data, and tracking and monitoring; by access type: land mobile, maritime, and aeronautical; by industry verticals as oil and gas, media and entertainment, mining, military and defense, aviation, transportation, and others. Purchase a Copy of the Report http://www.marketsandmarkets.com/Purchase/purchase_report1.asp?id=182154906 MarketsandMarkets forecasts the global MSS market to grow from $3.45 billion in 2014 to $5.62 billion in 2019. North America is expected to be the largest market in terms of market size, while Europe and Asia-Pacific are expected to experience an increase in market traction during the forecast period. Browse Related Report Maritime Security Market by Technologies and Systems, by Services, by Categories, and by Region - Global Market Forecast & Analysis (2014 - 2019) http://www.marketsandmarkets.com/Market-Reports/maritime-security-market-1033.html M2M Satellite Communication Market [VSAT, AIS, Satellite Telemetry, Satellite Modems, Gateways, Managed Services, Business Services, and Broadband Services] - Worldwide Market Forecast and Analysis (2014 - 2019) http://www.marketsandmarkets.com/Market-Reports/m2m-satellite-communication-market-33741729.html About MarketsandMarkets MarketsandMarkets is world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical info graphics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers. We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository. Contact: Mr. Rohan North - Dominion Plaza, 17304,Preston Road, Suite 800, Dallas, TX 75252 Tel: 888-600-6441 Email: [email protected] more information on this press release visit: http://www.releasewire.com/press-releases/mobile-satellite-services-market-projected-to-be-worth-562-billion-by-2019-north-america-is-expected-to-be-the-largest-market-in-terms-of-market-size-560699.htmMedia Relations ContactRohan SalgarkarTelephone: 888-600-6441Email: Click to Email Rohan SalgarkarWeb: http://www.marketsandmarkets.com/ |