Growth Opportunities in Global Maritime Satellite Communication (SATCOM) Services

Description

Connectivity, Safety, and Operational Efficiency Needs Prompt Participants to Seek Strategic Partnerships

As the world gets more connected, the demand for connectivity grows, including at sea. Customers' and crew members' increasing appetite for broadband connectivity drives many segments of the maritime industry to adopt maritime satellite communication (SATCOM) services.

In this report, Frost & Sullivan studies the global maritime SATCOM services market in seven application areas: commercial shipping, fishing, passenger ships and ferries, leisure and yachting, offshore energy, cruise, and government/defense. The study covers maritime SATCOM service market participants, focusing on those providing value-added services. This study does not address hardware related to the maritime SATCOM industry, including SATCOM terminals, parts, equipment, receivers, antennas, and modems.

Vessel and ship digitalization, automation, and smart shipping are trends powering the need for increased connectivity at sea. In response, market players are developing new technology solutions to provide the high-speed connectivity necessary for better fleet operational efficiency, enhance crew and customer welfare, and support critical decision-making.

Other information includes:

Market drivers and restraints

Revenue forecast by solution and service type (2021-2030)

Leading competitors by region and segment

Growth opportunities in the seven application areas

Product Code: PD6C-66

Strategic Imperatives

Why is it Increasingly Difficult to Grow?
The Strategic Imperative 8™
The Impact of the Top 3 Strategic Imperatives on the Maritime SATCOM Services Industry
Growth Opportunities Fuel the Growth Pipeline Engine™

Growth Opportunity Analysis

Scope and Methodology
Segmentation Based on the Markets Served
Competitors by Region
Competitors by Segment
Growing Data Needs at Sea Are Pushing the Maritime SATCOM Sector to Evolve to Adopt NGSO Satellite Constellations
The Impact of LEO Satellite Constellations
Growth Metrics
Growth Drivers
Growth Driver Analysis
Growth Driver Analysis (continued)
Growth Restraints
Growth Restraint Analysis
Growth Restraint Analysis (continued)
Growth Restraint Analysis (continued)
Forecast Assumptions
Revenue Forecast
Revenue Forecast by Solution Type
Revenue Forecast by Solution Type (continued)
Revenue Forecast by Service Type
Revenue Forecast by Application
Revenue Forecast by Region
Competitive Environment
Revenue Share

Commercial Shipping

Growth Metrics
Revenue Forecast
Revenue Forecast by Region
Forecast Analysis

Fishing

Growth Metrics
Revenue Forecast
Revenue Forecast by Region
Forecast Analysis

Passenger Ships and Ferries

Growth Metrics
Revenue Forecast
Revenue Forecast by Region
Forecast Analysis

Leisure and Yachting

Growth Metrics
Revenue Forecast
Revenue Forecast by Region
Forecast Analysis

Offshore Energy

Growth Metrics
Revenue Forecast
Revenue Forecast by Region
Forecast Analysis

Cruise

Growth Metrics
Revenue Forecast
Revenue Forecast by Region
Forecast Analysis

Government/Defense

Growth Metrics
Revenue Forecast
Revenue Forecast by Region
Forecast Analysis

Growth Opportunity Universe

Growth Opportunity 1: Strategic Partnerships with Fleet Operators, Cruise Charters, and Ship Owners
Growth Opportunity 1: Strategic Partnerships with Fleet Operators, Cruise Charters, and Ship Owners (continued)
Growth Opportunity 2: Strategic Partnerships with NGSO Satellite and Network Operators
Growth Opportunity 2: Strategic Partnerships with NGSO Satellite and Network Operators (continued)
Growth Opportunity 3: Partnership with ICT and Cybersecurity Industry Participants
Growth Opportunity 3: Partnership with ICT and Cybersecurity Industry Participants (continued)

Next Steps

Your Next Steps
Why Frost, Why Now?
List of Exhibits
List of Exhibits (continued)
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