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Maritime Satellite Communication Market by Type, Service, End User and by Region - Global Forecast to 2020NEW YORK, Feb. 2, 2016 /PRNewswire/ -- The global maritime satellite communication market is estimated at USD 2.01 billion in 2015 and is expected to register a CAGR of 9.0% during the forecast period. Tremendous opportunities lie in developing integrated network management systems that can seamlessly work across different frequency bands and cloud-based platforms to deliver maritime satellite communication services. Considering it as a future opportunity, top market players are working towards combining satellite and cellular communication technology. "Increasing demand of communication services by business travelers" Increase in business travelers' demand for having advanced communication systems at sea and expectations for high speed data equipment are growing continually. Passenger ship end user segment will reflect highest growth during the forecast period due to rapid deployment of affordable solutions across segment. Break-up of profile of primary participants for the report as given below - By Company Type - Tier 1 – 30 %, Tier 2 – 40% and Tier 3 – 30% - By Designation - C level – 25%, Director level – 38%, Others – 37% - By Region - North America - 45%, Europe – 23%, APAC – 18%, RoW – 14% The various key maritime satellite communication market vendors and service providers profiled in the report are as follows: 1. Inmarsat communications, Inc. 2. Iridium communications, Inc., 3. Thuraya Telecommunications Company 4. Hughes Network System LLC. 5. KVH Industries, Inc. 6. VIASAT 7. Harris Caprock 8. Royal Imetech N.V. 9. Globecomm Systems Inc., 10. VT iDirect, Inc. The report will help the market leaders/new entrants/end users in this market in the following ways: 1. The report provides deep analysis and comprehensive view of the overall market and closest approximation about global numbers and segmentaition across types, services, end users, and regions. 2. The report provides analysis about strategies followed by top players to grab more market share and insights to understand market dynamics comprising key market drivers, restraints, challenges, and opportunities. 3. The report will help various stakeholders to understand competetive landscape, products & services offered, recent developmens, new product launches, contracts/ agreements, and mergers & acquisitions taking place in the marketspace. Read the full report: http://www.reportlinker.com/p03572450-summary/view-report.html About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. http://www.reportlinker.com __________________________ Contact Clare: [email protected] US: (339)-368-6001 Intl: +1 339-368-6001 To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/maritime-satellite-communication-market-by-type-service-end-user-and-by-region---global-forecast-to-2020-300214094.html SOURCE Reportlinker |