Emergen Research’s latest document,titled ‘Global Mobile Satellite Services Market - Forecast to 2027,’ isone of the most sought-after market reports involving an in-depth analysis ofthe global Mobile Satellite Services market. The report’s authors have offerednecessary details on the latest Mobile Satellite Services market trends and thecrucial parameters impacting both short-term and long-term market growth. Its panoramicview of the Mobile Satellite Services industry entails useful insights into theestimated Mobile Satellite Services market size, revenue share, and sales &distribution networks.
The global MobileSatellite Services Market is forecasted to be worth USD 10.19 Billionby 2027, according to a new report by Emergen Research. The key driversexpected to boost the market growth for mobile satellite services are growingdemand for mobility, rising connectivity of smartphone and satellitetechnologies, and increasing developments in digital technology across theworld. Moreover, rising consumer awareness of the benefits of satelliteservices and low transport costs are factors also anticipated to propel thegrowth of the market during the forecast period.
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COVID-19 Impact Analysis:
Our experienced marketresearch team has provided updated information on the ongoing COVID-19 pandemicand its adverse economic impact in the latter segment of the report. The coronavirus outbreak has led to drasticchanges in the current Mobile Satellite Services business landscape, limitingthe growth opportunities for various manufacturers and buyers for the next fewyears. Besides making speculations about the market’s post-COVID-19 scenario,the report discusses its existing situation. The report eventually offersconclusive data related to the Mobile Satellite Services market growth assessedon both regional and global levels.
Key Highlights From TheReport
· November 2019-EchoStar Mobile, a division of EchoStarCorporation and a mobile satellite manufacturer providing connectivitythroughout the North Sea, Europe, and the Mediterranean Sea via a unifiedsatellite and terrestrial network, announced the introduction of the innovativeHughes 4500 S-band terminal to deliver secure connectivity over mobilesatellite.
· The Land Mobile Satellite Service is expected to lead the marketduring the forecast period due to widespread use in the defense and militaryindustries.
· The data service segment held the largest market share of 35.3%in 2019, owing to Its ability to deliver satellite data to government entitiesto inform warnings of disasters at an early stage.
LeadingPlayers Profiled in the Report:
· Ericsson
· Globalstar, Inc.
· Iridium Communications Inc.
· Inmarsat plc
· ORBCOMM
· Singapore Telecommunications Limited
· EchoStar Corporation
· Intelsat Corporation
Keyinsights presented in the report:
• Market revenue shares by major businessplayers, by type, by application, and market scope of global Mobile SatelliteServices market
• Sales revenue by key players and newentrants
• Competitive analysis of key players,including aspects such as company overview, product or services specification,vendors, and buyers
• Recent mergers, acquisitions, productlaunches, recent investments, and joint ventures
• Regional analysis to provide insight intorecent trends and opportunities
Browse Detailed Research Report, visit @https://www.emergenresearch.com/industry-report/mobile-satellite-services-market
Key geographical areas:
· NorthAmerica
· Europe
· AsiaPacific
· LatinAmerica
· MiddleEast & Africa
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