Global Maritime Satellite Communication Market Growth 2023-2029

Global Maritime Satellite Communication Market Growth 2023-2029

Maritime satellite is a communications satellite for radio communication between sea and land.

LPI (LP Information)' newest research report, the “Maritime Satellite Communication Industry Forecast” looks at past sales and reviews total world Maritime Satellite Communication sales in 2022, providing a comprehensive analysis by region and market sector of projected Maritime Satellite Communication sales for 2023 through 2029. With Maritime Satellite Communication sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Maritime Satellite Communication industry.

This Insight Report provides a comprehensive analysis of the global Maritime Satellite Communication landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Maritime Satellite Communication portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Maritime Satellite Communication market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Maritime Satellite Communication and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Maritime Satellite Communication.

The global Maritime Satellite Communication market size is projected to grow from US$ 2158.2 million in 2022 to US$ 3549.3 million in 2029; it is expected to grow at a CAGR of 3549.3 from 2023 to 2029.

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

This report presents a comprehensive overview, market shares, and growth opportunities of Maritime Satellite Communication market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Very Small Aperture Terminal (VSAT)
Mobile Satellite Services (MSS)

Segmentation by application
Merchant Shipping
Fishing
Passenger Ship
Leisure Vessels
Offshore
Government

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Inmarsat
Iridium Communications
Thuraya Telecommunications
Hughes Network Systems
Kvh Industries
Viasat
Speedcast
Royal Imtech
Globecomm Systems

Key Questions Addressed in this Report

What is the 10-year outlook for the global Maritime Satellite Communication market?

What factors are driving Maritime Satellite Communication market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Maritime Satellite Communication market opportunities vary by end market size?

How does Maritime Satellite Communication break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.