The Mobile Satellite Services Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Mobile Satellite Services Market?
The market size for mobile satellite services has seen substantial growth in recent years. The market grew from $5.34 billion in 2024 to $5.75 billion in 2025, representing a compound annual growth rate (CAGR) of 7.6%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Mobile Satellite Services Industry?
The Mobile Satellite Services Global Market will be valued at $7.32 billion in 2029, growing at a compound annual growth rate (CAGR) of 6.2%.
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What are the Key Growth Drivers Fueling the Mobile Satellite Services Market?
The key drivers in the mobile satellite services market are:
• Emergence of commercial space activities
• Increasing adoption of smart transportation systems
• Growth in agriculture and precision farming
• Enhanced disaster response and public safety solutions
Global Market Segmentation: Identifying Major Mobile Satellite Services Industry Segments
The mobile satellite services market covered in this report is segmented –
1) By Service: Voice, Data
2) By Application: Land Mobile Satellite Service, Aeronautical Mobile Satellite Service, Maritime Mobile Satellite Service
3) By Industry: Oil And gas, Media And Entertainment, Transportation, Aviation, Defense, Automative, Government, Other Industries
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What are the Emerging Trends Shaping the Future of the Mobile Satellite Services Market?
The key trends in the mobile satellite services market are:
• The integration with 5G networks is emerging as an influential trend.
• There's a notable surge in the expansion of IoT connectivity.
• Increasing demand for broadband connectivity is shaping the future of the market.
• The enhancement of disaster response and public safety solutions, along with diversification of service offerings, is recognized as an evolving trend.
Who Are the Top Competitors & Leading Players in the Mobile Satellite Services Market?
Major companies in the mobile satellite services market are:
• Ericsson AB
• Telstra Corporation Limited
• Singapore Telecommunications Limited.
• Viasat Inc.
• Intelsat SA
• SES S.A.
• EchoStar Corporation
• Hughes Network Systems
• AI Yah Satellite Communications company P.J.S.C
• Inmarsat plc
• Eutelsat Communications S.A.
• Telesat Canada
• Iridium Communications Inc.
• Telespazio S.p.A.
• Comtech Telecommunications Corporation
• Orbcomm Inc.
• Encompass Digital Media Inc.
• Speedcast International Limited
• Globecast Asia Pte Ltd
• Gilat Satellite Networks Ltd.
• Globalstar Inc.
• Avanti Communications Group plc
• Ligado Networks LLC
• Russian Satellite Communications Company (RSCC)
• MTN Satellite Communications Inc.
Regional Dominance: Which Area Leads the Global Mobile Satellite Services Market?
North America was the largest region in the Mobile Satellite Service market in 2024
