Maritime Satellite Communication Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Maritime Satellite Communication Market Report is Segmented by Type (Mobile Satellite Communication or Mobile Satellite Services [MSS] and Very Small Aperture Terminal [VSAT]), Offering (Solution and Service), End-User Vertical (Merchant, Offshore Rigs and Support Vessels, Passenger Fleet, Leisure, and Finishing Vessels), and Geography (North America, Europe, Asia-Pacific, and Rest of the World). The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

Maritime Satellite Communication Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Maritime Satellite Communication Industry Overview

The maritime satellite communication market is favorably competitive with several players. In terms of market share, few of the major players currently dominate the market. These major players, with a prominent market share, focus on developing their customer base across foreign countries. These corporations leverage strategic collective initiatives to increase their market share and profitability.

  • April 2024: Unseenlabs, a French maritime surveillance company known for its expertise in radio frequency (RF) detection, is set to bolster its fleet. In 2026, the company plans to broaden its scope, moving beyond maritime surveillance to monitor both terrestrial and space environments. This expansion will be facilitated by Unseenlabs' innovative "monosatellite" technology, allowing the company to extend its surveillance capabilities across the seas, land, and space.
  • January 2024: In a historic move, India's ISRO is set to deploy its 4.7-tonne GSAT-20 communications satellite, utilizing SpaceX's Falcon-9 rocket. GSAT-20's mission is to bolster India's broadband capabilities, elevate in-flight and maritime communications, and fortify cellular backhaul services.

Maritime Satellite Communication Market Leaders

  1. Inmarsat Group Limited

  2. Marlink SAS (Providence Equity Partners)

  3. KVH Industries Inc.

  4. Speedcast

  5. NSSL Global Limited

  6. *Disclaimer: Major Players sorted in no particular order
Maritime Satellite Communication Market Concentration