[November 25, 2016]

Prospects for Maritime Satellite Communications - Ever-increasing Data Communications Needs are Driving Growth - Research and Markets

Research and Markets has announced the addition of the "Prospects for Maritime Satellite Communications" report to their offering.

The report provides an in-depth view of the sector dynamics, analysis and forecasts for the maritime satcom market. Five comprehensive sections give a detailed analysis of trends and prospects within the major addressable maritime market segments.

In 2015 the global maritime satellite communications market reached close to 338,000 terminals, $953 million in revenue at the satellite operator level and $1.7 billion in revenue at the service provider level. The value of the maritime satcom market will continue to grow over the next decade, with a CAGR of 5% in terminals and revenue over the 10-year period. Ever-increasing data communications needs and the massive launch of new generation High Throughput Satellite (HTS) systems are xpected to drive growth.

2016 was an important milestone for maritime satellite communications. It marked the entry into service of HTS satellites with a major maritime focus, with the entry into commercial operation of Inmarsat Global Xpress and Telenor's (News - Alert) Thor 7 satellite, in addition to the launch of the first two Epic satellites. A number of additional HTS satellites will be launched in the coming years, with maritime satellite capacity expected to reach 680 Gbps by 2020. This will result in a significant decrease in capacity prices which, along with innovations at the antenna level with the entry into service of flat-panel antennas in 2017, will drive demand for more bandwidth-hungry applications such as big data analytics and video streaming applications.

A must read for:

• MSS & FSS satellite operators
• Equipment manufacturers
• Satellite manufacturers
• Service providers
• Banks & investors
• Government agencies

Key Topics Covered:

1. Strategic Issues & Forecasts

2. Market Dynamics & Value Chain

3. Merchant Shipping

4. Passenger Ships

5. Leisure Vessels

6. Offshore Market

7. Fishing Market

For more information about this report visit http://www.researchandmarkets.com/research/x2mt4g/prospects_for

View source version on businesswire.com: http://www.businesswire.com/news/home/20161125005242/en/

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