LONDON, Nov. 26, 2014 /PRNewswire/ -- Satellite communication is moving rapidly with the evolution of applications and mobile services. Mobile Satellite Service (MSS) offers enhanced voice and data quality to mobile users situated in remote locations. This technology is a type of data and voice transmission that occurs through satellite systems that can be accessed through land mobile, maritime, and aeronautical.
The emerging advancements in digital technology and rising integration demands of satellite and terrestrial mobile technology are visibly driving the market for MSS. Industry verticals such as media and entertainment, oil and gas, and mining are progressively deploying MSS for better voice and data communication experience.
Strategic ground equipment vendors, namely iDirect, Gilat Satcom, and GroundControl among various others are progressively implementing MSS technology into their products, in order to remain competitive and offer an additional enticement for its customers to shift to MSS.
The major restraints in this market are policy and regulatory issues and congestion of frequency bands and orbits. This report analyzes the growth rate and penetration of MSS across all regions.
There are various assumptions that have been taken into consideration for the market sizing and forecasting exercise. A few of the global assumptions include political, economic, social, technological, and economic factors. For instance, exchange rate is one of the economic factors which are expected to have a moderate rating of impact on this market. Therefore, dollar fluctuations are expected to not seriously affect the forecasts in the emerging Asia-Pacific (APAC) regions.
The report will help the market leaders/new entrants in this market in the following ways:
1. This report segments the market into services, covering this market comprehensively. The report provides the closest approximations of the revenue numbers for the overall market and the sub-segments. The market numbers are further split across different industry verticals and regions.
2. This report will help them better understand the competitors and gain more insights to better position one's business. There is a separate section on competitive landscape, including end-user analysis, mergers and acquisitions, and venture capital funding. Besides this, there are company profiles of the ten major players in this market. In this section, market internals are provided that can help place one's company ahead of the competitors.
3. The report helps them understand the pulse of the market. The report provides information on key market drivers, restraints, challenges, and opportunities.
Download the full report: https://www.reportbuyer.com/product/2487216/
Reportbuyer is a leading industry intelligence solution that provides all market research reports from top publishers
For more information:
Research Advisor at Reportbuyer.com
Email: [email protected]
Tel: +44 208 816 85 48
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/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---2019-300001967.html