Maritime Satellite Communication Market 2020 Future Trends, Dynamic Growth & Forecast To 2028
Get link
Facebook
X
Pinterest
Email
Other Apps
The Global Maritime Satellite Communication Market is expected to grow from USD 3.53 Billion in 2019, at a CAGR of 9.1% during the forecast period. It is anticipated that the increasing need for enriched data communication and extensive use of satellite communication in the maritime industry along with less expensive technology to attract end users who did not have the ability to use satellite communication initially will drive the market during the forecast period. For More Information, Download Sample Of The Premium Report Maritime Satellite Communication MarketDuring the forecast period, the very tiny opening terminal (VSAT) technology segment is projected to dominate the industry for maritime satellite communication. VSAT currently maintains over 61 percent of the overall market share. The fast transition from mobile satellite communication (MSS) to VSAT is ascribed to VSAT maritime users ' bandwidth and price benefits. VSAT's reach across the Ka-Band is currently peaking and this pattern is anticipated to persist until 2028. On the other hand, due to the growing activities of maritime cable relay facilities across Ku-Band, the Ku-Band section is anticipated to record the largest growth during the forecast period. Key Factors Impacting Market Growth:
The increasing need for data communication in the marine industry.
Fast adoption of technology in the Asia Pacific especially in China & India
In April 2019 ORBCOMM, a global provider of Machine-to-Machine (M2M) and Internet of Things (IoT) solutions, announced that the Australian Maritime Safety Authority (AMSA) has extended its contract for another year through ORBCOMM’s partner Kordia. ORBCOMM and Kordia, a leading provider of mission-critical technology solutions in Australia and New Zealand, will provide satellite Automatic Identification System (AIS) data used for ship tracking and other maritime navigational and safety efforts to AMSA for designated regions and specific maritime projects.
On 25th March 2019, the British satellite communications company Inmarsat agreed to a takeover by a group led by the private equity firms Apax and Warburg Pincus, becoming the latest UK technology business to be sold to investment companies.
Companies Covered: Inmarsat communications, Inc., Iridium Communications, Inc., Thuraya Telecommunications Company, Hughes Network System LLC., KVH Industries, Inc., VIASAT, Harris Caprock, Royal Imtech N.V., Globecomm Systems Inc., and VT iDirect, Inc., Speedcast, Navarino, NSSL Global, MTN, and Network Innovation.
By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
By Type
By Application
By End User Industry
Eastern Europe
By Country (Russia, Turkey, Rest of Eastern Europe)
By Type
By Application
By End User Industry
Asia Pacific
By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
By Type
By Application
By End User Industry
Middle East
By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
By Type
By Application
By End User Industry
Rest of the World
By Region (South America, Africa)
By Type
By Application
By End User Industry
Reasons To Buy This Report:
Market size estimation of the global maritime satellite communication market on a regional and global basis
The unique research design for market size estimation and forecast
Profiling of major companies operating in the market with key developments
Broad scope to cover all the possible segments helping every stakeholder in the market
Customization:
We provide customization of the study to meet specific requirements:
By Segment
By Sub-segment
By Region/Country
ABOUT US: QMI has the most comprehensive collection of market research products and services available on the web. We deliver reports from virtually all major publications and refresh our list regularly to provide you with immediate online access to the world's most extensive and up-to-date archive of professional insights into global markets, companies, goods, and patterns.
The report's goal is to provide a thorough analysis of the market, with thoughtful observations, statistics, historical data, industry-validated market data, and forecasts based on a suitable set of assumptions and methodology. The study also aids in the comprehension of global Aircraft Engine Market dynamics and structure by defining and evaluating market segments, as well as forecasting global market size. The report also examines key players' competitive positioning in terms of product, price, financial position, product portfolio, growth strategy, and regional presence. COVID-19 The new report is a market evaluation focused on the most recent details in COVID-19 scenario. Forecasts, original research, business profiles, and, most importantly, new conclusions are all included in our new market study along with COVID-19. The report includes quantitative forecasts and analyses of the market by region, type, and application. Get More Information about this Report: https://w...
Market Analysis The shrink sleeve labels market , according to the new MRFR analysis, will develop at a 6.5% CAGR between 2017- 2023. Shrink sleeves are plastic/polyester labels that are wrapped on the entire perimeter of the object/product. Numerous factors are adding to the share and revenue of the market. As per the MRFR report, these factors comprise developing manufacturing and retail sector, burgeoning need for shrink label and stretch sleeve labels, surging need for pharmaceutical products, increased investments in the packaging sectors by companies to improve technology, on-shelf appeal, brand competitiveness, and cost-efficiency. Request a Free Sample @ https://www.marketresearchfuture.com/sample_request/1785 On the contrary, growing awareness regarding packaging items that are eco-friendly, bio-degradable, and have low density, availability of cost-effective alternatives such as pressure-sensitive labels & self-adhesive, and the impact of the...
Market Analysis The global flexible packaging market size will develop at a 6.09% CAGR between the forecast period 2017- 2023, according to the new Market Research Future (MRFR) analysis. Flexible packagings are containers or packages made of flexible materials or materials which, when closed or filled, can bend and still hold the shape. It is generally made of foil, plastic film, paper, or a combination of any of these. Various factors are propelling the global flexible packaging market share. According to the recent MRFR market estimates, such factors include increased demand in the pharmaceutical, cosmetics and personal care, and food & beverage sectors, development in modern retailing, consumers high income, rise in e-commerce activities in emerging economies, technological advancements, innovations in flexible packaging, and increased consumption of processed foods and beverages during the COVID-19 pandemic. Request a Free Sample @ https://www.marketres...
Comments
Post a Comment