Maritime satellite communications market: trends and forecasts 2023–2033

26 June 2024 | Research

Forecast report | PPTX and PDF (17 slides); Excel; CSV | Satellite Mobility

"Starlink is disrupting the maritime satcom market and incumbents must respond."

This report forecasts global demand for maritime satellite connectivity services over the next decade. The analysis reflects evolving customer needs as well as the emerging technologies and business models that industry players need to employ to stay competitive.

Report coverage

Analysys Mason’s 10-year forecast for demand in the maritime satcom industry, by region, frequency band and segment.
Projections for capacity, service, equipment and retail revenue earned by maritime satcom players during 2023–2033.
Analysis of the evolving total addressable market for maritime connectivity, as well as market saturation or growth trends by segment.
Assessment of the maritime satcom ecosystem and changing landscape.

Questions answered

At what rate will variables in the maritime satcom market grow during the forecast period?
What can incumbent operators and service providers do to alleviate the competitive pressure created by new entrants?
How will the competition between GEO and non-GEO service providers progress, and how will this vary by segment?
What is the future for the mobile-satellite service (MSS) market?
Which segments, regions and technologies will provide demand and revenue growth for satcom players in the maritime market?

Metrics

Variable	In-service units Capacity demand Capacity revenue Service revenue Equipment revenue Retail revenue (sum of service and equipment revenue)
Segment	Fishing Passenger shipping Merchant shipping Offshore Leisure
Frequency band	Fixed satellite services (FSS): C-, Ka-, Ku-band Mobile satellite services (MSS): broadband, narrowband GEO HTS C-, Ka-, Ku-band Non-GEO or NGSO
Region	Asia Europe Latin America Middle East and Africa North America Atlantic Ocean (AOR) Pacific Ocean (POR) Indian Ocean (IOR) Arctic (ARC)

Who should buy this report

Maritime satcom service providers
Satellite operators
Commercial maritime end users (for example, merchant shipping, cruise lines, offshore platform operators, fishing companies, leisure craft owners)
Maritime terminal and equipment manufacturers
Hardware integrators
Investors and financial institutions

Companies mentioned in this report