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(Wireless-NewsWire.Com, September 29, 2018 ) The major players in the market are as follows:
Iridium Communications, Inc.
Harris Caprock Communications, Inc.
Thuraya Telecommunications Company
Royal Imtech N.V.
Hughes Network Systems LLC
Globecomm Systems Inc
Inmarsat PLC.
Viasat
VT Idirect, Inc.
KVH Industries, Inc.
The Global Maritime Satellite Communication Market was valued at USD 2.35 billion in 2016 and is projected to reach USD 5.17 billion by 2025, growing at a CAGR of 9.18% from 2017 to 2025.
Mobile Maritime Communications is a communication platform by which two-way voice communication is made viable for users who are in remote locations or frequent travelers such as those between ship and coast stations. The Mobile satellite communications can offer several different ways of communications such as GPS, distress signaling, and PIN-based solutions. Communication is a crucial factor when it comes to Maritime business as it can be used in emergency situations to indicate the location of the employees. There is a rising demand for immediate data communication as it helps in the monitoring of ships, vessels, and cargo as well as to ensure surveillance and security.
Recently there has been a growth in satellite and cellular communication technology and the less expensive technology. The advent of these has led to an increase in the growing demand for enriched data communication, integration of network management systems, and the adoption of cloud-based solutions. These factors have led to increasing applications of Maritime Satellite communications and therefore have been driving forces for the increase in Maritime Satellite communication’s market growth. Certain concerns for security and privacy, the high infrastructure and operational costs and the lack of knowledge about the technology among users are restraining factors for the Maritime Satellite communication’s market.
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Worldwide Maritime Satellite Communication Market Analysis to 2025 is a specialized and in-depth study of the Maritime Satellite Communication industry with a focus on the global market trend. The report aims to provide an overview of global Maritime Satellite Communication market with detailed market segmentation by product/application and geography. The global Maritime Satellite Communication market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the Maritime Satellite Communication players and offers key trends and opportunities in the market.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Maritime Satellite Communication market based on product and application. It also provides market size and forecast till 2025 for overall Maritime Satellite Communication market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM), which is later sub-segmented by respective countries and segments. The report evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend and provides exhaustive PEST analysis for all five regions.
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Also, key Maritime Satellite Communication market players influencing the market are profiled in the study along with their SWOT analysis and market strategies. The report also focuses on leading industry players with information such as company profiles, products and services offered, financial information of last 3 years, key development in past five years.
Table Of Content
1 Introduction Of The Global Maritime Satellite Communication
2 Executive Summary
3 Research Methodology Of Verified Market Intelligence
4 The Global Maritime Satellite Communication Outlook
5 The Global Maritime Satellite Communication, By Systems
6 The Global Maritime Satellite Communication, By Service
7 The Global Maritime Satellite Communication, By Verticals
8 The Global Maritime Satellite Communication, By Applications
9 The Global Maritime Satellite Communication, By Geography
10 The Global Maritime Satellite Communication Competitive Landscape
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- The key findings and recommendations highlight crucial progressive industry trends in the Maritime Satellite Communication market, thereby allowing players to develop effective long term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
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