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RESEARCH, ANALYSIS & TRENDS

Geopolitical conflicts stimulate the demand

for mobile satellite services (MSS)

According to a report, published by TechSci Research tunities in the market.
"Global Mobile Satellite Services Market Forecast &
Opportunities, 2020", the global mobile satellite ser- "A series of passenger aircraft mishaps that occurred in
vices market is projected to register revenues worth 2014 such as MH 370 and QZ8501 have induced the
over USD3.2 billion through 2020. The report reveals need of more robust mobile satellite communication
that maritime industry is set to continue dominating the services in the aviation sector. This indicates a huge
market with a stronger foothold in mobile satellite ser- growth potential for mobile satellite service providers to
vices globally despite miniscule decline in its share tap growth in this sector besides maritime sector" said
through the forecast period. Mr. Karan Chechi, Research Director of the global
management consulting firm TechSci Research. "The
The demand for mobile satellite services (MSS) grew at expectation of passengers on board for in-flight con-
a considerable pace over the past few years due to geo nectivity, live videos, social media access etc., also
-political conflicts in Asia and North Africa. Besides that, offers an opportunity for mobile satellite service provid-
the rise in maritime communication within the global ers to maximize their revenues from the aviation indus-
shipping industry and continuous oil and gas explora- try", added Mr. Chechi.
tion and mining activities in remote catalyzed the growth
of mobile satellite services across the globe. Worldwide Without doubt, the report evaluated the future growth
government agencies contributed a significant share in potential of mobile satellite services across the globe
revenues coming from mobile satellite communication well and provides statistics and information on market
industry in 2014 as well. structure, size, trends, etc., besides including mobile
satellite service market projections and demand fore-
Being a niche market, a handful of players such as In- casting. Last but not least, the report intends to provide
marsat, Iridium, EchoStar, ORBCOMM, Globalstar, etc. cutting-edge market intelligence to help decision mak-
marked their presence in the industry globally. Devel- ers make sound investment decisions and to identify
oped countries of North America and Europe remained and analyze the emerging trends along with essential
the major revenue generating market for these services. drivers, challenges and opportunities prevailing in mo-
However, growing demand for data and voice services bile satellite service market. ◊
across various end user segments, primarily maritime
and aviation segments, continued to offer growth oppor- By MediaBUZZ

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16 Asian eMarketing October 2015: Mobile Marketing
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