Maritime Satellite Communications Market Tops 5.5 Percent in Terminal Growth, $1.4 B in Revenues

摘要

Euroconsult, the leading international consulting and analysis firm specializing in the satellite and space sectors, recently forecast that the number of satellite communications terminals in the global maritime market will nearly double over the next decade, with a compound annual growth rate (CAGR) of 7 percent over the 10-year period. While MSS terminals are still expected to account for the majority of terminals deployed over the decade, VSAT service providers should gain significant market share in terms of revenue in the coming 10 years.