Global Maritime Satellite Communication Market 2022-2028 | |
The Global Maritime Satellite Communication Market is expected to increase by USD 4.2 billion, at a compound annual growth rate (CAGR) of 10.5% from 2022 to 2028, according to the latest edition of the Global Maritime Satellite Communication Market Report. The report covers market size and growth, segmentation, regional breakdowns, competitive landscape, trends and strategies for global maritime satellite communication market. It traces the market’s historic and forecast market growth. The report identifies top segments for opportunities and strategies based on market trends and leading competitors’ approaches. This study also provides an analysis of the impact of the COVID-19 crisis on the maritime satellite communication industry. This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the type, offering, end user, and region. The global market for maritime satellite communication can be segmented by type: mobile satellite communication or mobile satellite services (MSS), very small aperture terminal (VSAT). In 2021, the very small aperture terminal (VSAT) segment made up the largest share of revenue generated by the maritime satellite communication market. Maritime satellite communication market is further segmented by offering: solution, service. The solution segment was the largest contributor to the global maritime satellite communication market in 2021. Based on end user, the maritime satellite communication market is segmented into: merchant, offshore rig and support vessel, passenger fleet, yacht, fishing vessel, others. The merchant segment is estimated to account for the largest share of the global maritime satellite communication market. On the basis of region, the maritime satellite communication market also can be divided into: North America, Europe, Asia-Pacific, Rest of the World (RoW). North America held the largest share of the global maritime satellite communication market in 2021 and is anticipated to hold its share during the forecast period. | |
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