The Global Mobile Satellite Service (MSS) market wiill grow at A CAGR Of 9.33 percent over the 2012-2014 period according to a new Research and Markets report entitled ""Global Mobile Satellite Services Market 2011-2014." One of the key factors contributing to this market growth is demand of data services. The Global MSS market has also been witnessing increasing investment in satellite programs. However, the migration of subscribers to other services and decreasing profit could pose a challenge to the growth of this market.
Key vendors dominating this market space include Inmarsat, Iridium, Globalstar, Thuraya and ORBCOMM.
TechNavio's report, Global Mobile Satellite Services Market 2011-2014, has been prepared based on an in-depth analysis of the market with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the current Global MSS market and its outlook in the coming years.
Commenting on the report, an analyst from TechNavio's Telecom team said, MSS operators have posted significant revenue from data services and this trend will continue in future. These operators are focusing on offering broadband services to meet the increasing demand of data services and IP-based services. Broadband services are comparatively economical and customers prefer to use many services through broadband such as email, VoIP, etc. Moreover, operators are also planning to offer broadband services at low cost to attract more subscribers.
According to the report, the development of new small-size antenna or low-cost satellite phones is another trend that the global MSS market is witnessing. This trend can help MSS providers to attract new customer segments and increase usage among existing users. Thuraya's A-5-sized SCAN Active antenna for Thuraya IP is one example.
The report also discusses that rising adoption of VSAT (very small aperture terminal) technology is a big challenge for MSS operators.
For more information visit http://www.researchandmarkets.com/research/549bae/global_mobile_sate