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Maritime Satellite Communication Market - Forecast(2025 - 2031)
Maritime Satellite Communication Market Overview:
Maritime Satellite Communication Market size is estimated to reach $4,865.0 Million by 2030, growing at a CAGR of 8.6% during the forecast period 2024-2030. The Maritime Satellite Communication Market is experiencing rapid growth, driven by the rising demand for reliable connectivity in offshore and remote maritime operations. Key sectors fueling this demand include commercial shipping, defense, oil and gas, and recreational vessels. The adoption of advanced satellite technologies, such as VSAT (Very Small Aperture Terminal) and MSS (Mobile Satellite Services), has enhanced data transmission capabilities, enabling real-time communication, navigation, and monitoring.
Major trends include the integration of 5G technology, improving data speeds and reducing latency. The shift towards Low Earth Orbit (LEO) satellites is revolutionizing the industry by offering broader coverage, higher bandwidth, and lower costs compared to traditional geostationary satellites. Furthermore, the use of IoT-enabled devices onboard ships for predictive maintenance, fuel optimization, and crew welfare is increasing. Developments in cybersecurity measures are crucial to safeguard sensitive maritime data and operations. Additionally, the rise of hybrid systems combining satellite and terrestrial networks is optimizing connectivity in congested ports and nearshore areas. The market is also witnessing significant investments in R&D to develop cost-effective solutions, with key players focusing on partnerships and collaborations to expand their service offerings, ensuring seamless global coverage and enhancing operational efficiency in the maritime sector.
Market Snapshot:
Maritime Satellite Communication Market - Report Coverage:
The “Maritime Satellite Communication Market Report - Forecast (2024-2030)” by IndustryARC, covers an in-depth analysis of the following segments in the Maritime Satellite Communication Market.
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COVID-19 / Ukraine Crisis - Impact Analysis:
• The COVID-19 pandemic disrupted the Maritime Satellite Communication Market, causing delays in satellite launches and supply chain challenges. However, increased reliance on remote operations, crew welfare, and real-time monitoring drove demand for reliable connectivity. Enhanced adoption of digital solutions and resilient satellite networks mitigated operational risks during the global maritime industry's recovery phase.
• The Ukraine crisis heightened geopolitical tensions, increasing demand for secure and resilient maritime satellite communication to ensure uninterrupted operations in volatile regions. It accelerated the adoption of advanced satellite technologies for real-time monitoring, navigation, and defense. Rising fuel costs and disrupted supply chains further emphasized the need for optimized communication systems.
Key Takeaways:
• Very Small Aperture Terminal (VSAT) Segment is Leading the Market
In the segmentation of the Maritime Satellite Communication Market by solution, the Very Small Aperture Terminal (VSAT) segment stands out prominently, holding the majority market share of 56% in 2023. VSAT systems enable reliable, high-speed data transmission and voice communication for maritime vessels, ensuring seamless connectivity even in remote oceanic regions. Their growing adoption is driven by the increasing need for real-time data exchange, crew welfare services, and efficient ship operations. VSAT offers a broader bandwidth compared to Mobile Satellite Services (MSS), making it suitable for advanced applications such as video conferencing, internet browsing, and remote monitoring. Furthermore, the segment benefits from technological advancements, including smaller, cost-effective terminals and enhanced data security. The rising demand for operational efficiency in commercial shipping, offshore oil and gas platforms, and defense sectors further fuels market growth. As maritime operators prioritize enhanced connectivity for improved productivity and safety, the VSAT segment continues to lead the market with its superior performance and versatile applications.
• Data Segment to Register Highest Growth
In the Maritime Satellite Communication Market, the Dat segment is experiencing the fastest growth of 10.9% in the forecast period of 2024-2030. This growth is driven by the rising demand for real-time data exchange and enhanced connectivity on maritime vessels. The data segment facilitates critical operations such as route optimization, weather updates, and remote diagnostics, improving operational efficiency and safety. Additionally, it supports crew welfare services, enabling internet access for personal use, which is becoming a standard in the maritime industry. The increasing adoption of Internet of Things (IoT) technology in shipping further propels the data segment, as vessels rely on continuous data flow for predictive maintenance and asset tracking. Technological advancements in satellite communication, offering higher bandwidth and reduced latency, have also contributed to this segment's rapid expansion. As the maritime industry embraces digital transformation, the data segment is positioned as a key driver of growth, meeting the sector's evolving connectivity and operational needs.
• Integration of 5G and Satellite Networks for Enhanced Connectivity a Major Driver
The integration of 5G and satellite networks is set to revolutionize maritime communication by delivering higher speeds, lower latency, and seamless coverage, even in the most remote ocean regions. This advancement enables vessels to transmit large volumes of data swiftly, supporting real-time decision-making, enhanced operational efficiency, and improved communication between ships, ports, and headquarters. With continuous, real-time data sharing, maritime navigation systems will optimize routes, improve weather forecasting, and strengthen safety management. In September 2024, Airbus, alongside industrial partners and BPI France, initiated the development of advanced 5G-enabled telecommunications solutions for terrestrial, aerial, maritime, and space connectivity. This innovation will reduce downtime and enhance fleet management. Additionally, 5G-satellite integration will support cutting-edge technologies like AR and VR for remote maintenance and crew training. As the industry progresses toward autonomous vessels, reliable connectivity will ensure real-time data transmission for safe and efficient operations, driving the maritime satellite communication market forward.
• High cost of installation and operation is a Major Challenge
A major challenge in the Maritime Satellite Communication Market is the high cost of installation and operation. Deploying satellite communication systems, particularly advanced solutions like Very Small Aperture Terminals (VSAT), requires significant capital investment in hardware, installation, and maintenance. Additionally, the ongoing costs of satellite bandwidth and data services can be prohibitive, especially for smaller shipping companies and operators in cost-sensitive markets. Another issue is the technological complexity of integrating satellite systems with existing maritime communication infrastructure, which often demands skilled personnel for setup and maintenance. Furthermore, harsh maritime environments can lead to frequent equipment wear and downtime, increasing maintenance costs. Latency and signal disruptions, caused by weather conditions or remote oceanic locations, also present operational challenges. These limitations impact the reliability of real-time data exchange, which is crucial for navigation, safety, and fleet management. Addressing these challenges is vital for the broader adoption of satellite communication in the maritime industry.
Key Market Players:
Product launches, approvals, patents and events, acquisitions, partnerships and collaborations are key strategies adopted by players in the Maritime Satellite Communication Market. The top 10 companies in this industry are listed below:
1. Viasat Inc.
2. Iridium Communications Inc
3. NSSLGlobal
4. SES S.A.
5. EchoStar Corporation
6. Kongsberg Maritime AS
7. Thuraya
8. EUTELSAT COMMUNICATIONS SA
9. Leonardo S.p.A.
10. Telesat
Scope of the Report:
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For more Information and Communications Technology related reports, please click here
1. Maritime Satellite Communication Market – Market Overview
1.1 Definitions and Scope
2. Maritime Satellite Communication Market - Executive Summary
2.1 What is Maritime Satellite Communication
2.2 Solution of Maritime Satellite Communication
2.3 Value Chain Analysis
2.4 Potential Addressable Market (TAM, SOM, SAM)
2.5 Market Size & Potential Analysis (Global vs KSA)
2.6 SWOT Analysis for KSA
2.7 KSA Segment Analysis
2.8 Global Player Analysis
2.9 Local Player Analysis
2.10 Partner Identification
2.11 Preliminary Economic Assessment
2.12 Investment Risk Assessment
2.13 Key Trends by Solution
2.14 Key Trends by Service
2.15 Key Trends by Range
2.16 Key Trends by End User
2.17 Key Trends by Geography
2.18 Conclusion
3. Maritime Satellite Communication Market – Comparative analysis
3.1 Market Share Analysis - Major Companies
3.2 Product Benchmarking - Major Companies
3.3 Top 5 Financials Analysis
3.4 Patent Analysis - Major Companies
3.5 Pricing Analysis (ASPs will be provided)
4. Maritime Satellite Communication Market – Startup Companies Scenario
4.1 Major startup company analysis:
4.1.1 Investment
4.1.2 Revenue
4.1.3 Product portfolio
4.1.4 Venture Capital and Funding Scenario
5. Maritime Satellite Communication Market – Industry Market Entry Scenario Premium
5.1 Regulatory Framework Overview
5.2 New Business and Ease of Doing Business Index
5.3 Successful Venture Profiles
5.4 Customer Analysis – Major companies
6. Maritime Satellite Communication Market - Market Forces
6.1 Market Drivers
6.2 Market Constraints
6.3 Porter's Five Force Model
6.3.1 Bargaining Power of Suppliers
6.3.2 Bargaining Powers of Buyers
6.3.3 Threat of New Entrants
6.3.4 Competitive Rivalry
6.3.5 Threat of Substitutes
7. Maritime Satellite Communication Market – Strategic Analysis
7.1 Value/Supply Chain Analysis
7.2 Opportunity Analysis
7.3 Product/Market Life Cycle
7.4 Distributor Analysis – Major Companies
8. Saudi Arabia Maritime Satellite Communication Market – Industry Landscape
8.1 Satellite Operators
8.2 Imported Products
8.3 Available Local Products
9. Maritime Satellite Communication Market – by Potential Addressable Market (Market Size - US$ Million/Billion)
9.1 TAM
9.2 SAM
9.3 SOM
10. Maritime Communication Market – by Product
(Market Size - US$ Million/Billion)
10.1 Marine Radio Services
10.2 Fixed-Mount VHF Marine Radios
10.3 Handheld Marine VHF Radios
10.4 MF/HF Radios
10.5 Marine Multifunction Displays (MFDs)
10.6 Automatic Identification Systems (AIS)
10.7 AIS Transponders
10.8 AIS Receivers
10.9 Vessel Monitoring System (VMS) Terminals
10.10 Marine Radars
10.11 VHF Data Exchange System (VDES)
10.12 Maritime Sat Phone & Internet Devices
10.13 Others
11. Maritime Communication Market – by Communication Technology (Market Size - US$ Million/Billion)
11.1 Satellite
11.2 WIMAX
11.3 WLAN
11.4 LTE
11.5 IR Wi-Fi
11.6 Others
12. Maritime Communication Market – by End User (Market Size - US$ Million/Billion)
12.1 Commercial Shipping
12.2 Offshore Support Vessels (OSVs)
12.3 Passenger and Cruise Ships
12.4 Naval and Defense Ships
12.5 Maritime Leisure
12.6 Others
13. Maritime Satellite Communication Market – by Solution Analysis (Market Size - US$ Million/Billion)
13.1 Mobile Satellite Services (MSS)
13.2 Very Small Aperture Terminal (VSAT)
13.2.1. Ku-band
13.2.2. Ka-band
13.2.3. C-band
14. Maritime Satellite Communication Market – by Service (Market Size - US$ Million/Billion)
14.1 Tracking and Monitoring
14.2 Voice
14.3 Data
14.4 Video
15. Maritime Satellite Communication Market- By Range (Market Size -$Million/Billion)
15.1 Low Earth Orbit (LEO)
15.2 Near Earth Orbit (NEO)
15.3 Geostationary Earth Orbit (GEO)
16. Maritime Satellite Communication Market – by End User (Market Size - US$ Million/Billion)
16.1 Commercial Shipping
16.2 Offshore Support Vessels (OSVs)
16.3 Passenger and Cruise Ships
16.4 Naval and Defense Ships
16.5 Maritime Leisure
16.6 Others
17. Maritime Satellite Communication Market - by Geography (Market Size - US$ Million/Billion)
17.1 Global
17.1.1 North America
17.1.2 South America
17.1.3 Europe
17.1.4 APAC
17.1.5 ROW
17.2 MENA
17.2.1 Saudi Arabia
17.2.2 United Arab Emirates
17.2.3 Qatar
17.2.4 Oman
17.2.5 Bahrain
17.2.6 Kuwait
17.2.7 Egypt
17.2.8 Algeria
17.2.9 Morocco
17.2.10 Others
18. Maritime Satellite Communication Market – Risk Assessment
18.1 Market risks
18.2 Technology Risk
18.3 Regulatory Risk
19. Maritime Satellite Communication Market – Entropy
19.1 New Product Launches
19.2 M&As, Collaborations, JVs and Partnerships
20. Maritime Satellite Communication Market – Industry/Segment Competition Landscape
20.1 Market Share at Global Level - Major companies
20.2 Market Share by Key Country - Major companies
21. Maritime Satellite Communication Market – Key Company List by Country Premium
22. Maritime Satellite Communication Market Company Analysis - Business Overview, Product Portfolio, Financials and Developments
22.1 Inmarsat Corp.
22.2 Iridium
22.3 Intelsat
22.4 Thuraya
22.5 Globalstar
22.6 Starlink
22.7 Kuiper
22.8 Company 8
22.9 Company 9
22.10 Company 10
23. Maritime Satellite Communication Market International Partner Company Analysis – Business Overview, Product Portfolio, Financials and Developments
23.1 Company 1
23.2 Company 2
23.3 Company 3
23.4 Company 4
23.5 Company 5
24. Maritime Satellite Communication Market Saudi Arabia Partner Company Analysis - Business Overview, Product Portfolio, Financials and Developments
24.1 Company 1
24.2 Company 2
24.3 Company 3
24.4 Company 4
24.5 Company 5
25. Maritime Satellite Communication Market – Monitoring
25.1 Geospatial
25.2 Greenhouse Gas
25.3 Exploration
"Financials to the Private Companies would be provided on best-effort basis."
LIST OF TABLES
1.Global Maritime Satellite Communication Market Analysis By Type Market 2023-2030 ($M)
1.1 Very Small Aperture Terminal Market 2023-2030 ($M) - Global Industry Research
1.1.1 VSAT By Frequency Band Market 2023-2030 ($M)
1.2 Mobile Satellite Service Market 2023-2030 ($M) - Global Industry Research
2.Global Maritime Satellite Communication Market Analysis By Service Market 2023-2030 ($M)
2.1 Voice Market 2023-2030 ($M) - Global Industry Research
2.2 Video Market 2023-2030 ($M) - Global Industry Research
2.3 Data Market 2023-2030 ($M) - Global Industry Research
2.4 Tracking & Monitoring Market 2023-2030 ($M) - Global Industry Research
2.5 Merchant Shipping Market 2023-2030 ($M) - Global Industry Research
2.6 Offshore Market 2023-2030 ($M) - Global Industry Research
2.7 Government Market 2023-2030 ($M) - Global Industry Research
2.8 Passenger Ships Market 2023-2030 ($M) - Global Industry Research
2.9 Leisure Vessels Market 2023-2030 ($M) - Global Industry Research
2.10 Fishing Market 2023-2030 ($M) - Global Industry Research
3.Global Maritime Satellite Communication Market Analysis By Type Market 2023-2030 (Volume/Units)
3.1 Very Small Aperture Terminal Market 2023-2030 (Volume/Units) - Global Industry Research
3.1.1 VSAT By Frequency Band Market 2023-2030 (Volume/Units)
3.2 Mobile Satellite Service Market 2023-2030 (Volume/Units) - Global Industry Research
4.Global Maritime Satellite Communication Market Analysis By Service Market 2023-2030 (Volume/Units)
4.1 Voice Market 2023-2030 (Volume/Units) - Global Industry Research
4.2 Video Market 2023-2030 (Volume/Units) - Global Industry Research
4.3 Data Market 2023-2030 (Volume/Units) - Global Industry Research
4.4 Tracking & Monitoring Market 2023-2030 (Volume/Units) - Global Industry Research
4.5 Merchant Shipping Market 2023-2030 (Volume/Units) - Global Industry Research
4.6 Offshore Market 2023-2030 (Volume/Units) - Global Industry Research
4.7 Government Market 2023-2030 (Volume/Units) - Global Industry Research
4.8 Passenger Ships Market 2023-2030 (Volume/Units) - Global Industry Research
4.9 Leisure Vessels Market 2023-2030 (Volume/Units) - Global Industry Research
4.10 Fishing Market 2023-2030 (Volume/Units) - Global Industry Research
5.North America Maritime Satellite Communication Market Analysis By Type Market 2023-2030 ($M)
5.1 Very Small Aperture Terminal Market 2023-2030 ($M) - Regional Industry Research
5.1.1 VSAT By Frequency Band Market 2023-2030 ($M)
5.2 Mobile Satellite Service Market 2023-2030 ($M) - Regional Industry Research
6.North America Maritime Satellite Communication Market Analysis By Service Market 2023-2030 ($M)
6.1 Voice Market 2023-2030 ($M) - Regional Industry Research
6.2 Video Market 2023-2030 ($M) - Regional Industry Research
6.3 Data Market 2023-2030 ($M) - Regional Industry Research
6.4 Tracking & Monitoring Market 2023-2030 ($M) - Regional Industry Research
6.5 Merchant Shipping Market 2023-2030 ($M) - Regional Industry Research
6.6 Offshore Market 2023-2030 ($M) - Regional Industry Research
6.7 Government Market 2023-2030 ($M) - Regional Industry Research
6.8 Passenger Ships Market 2023-2030 ($M) - Regional Industry Research
6.9 Leisure Vessels Market 2023-2030 ($M) - Regional Industry Research
6.10 Fishing Market 2023-2030 ($M) - Regional Industry Research
7.South America Maritime Satellite Communication Market Analysis By Type Market 2023-2030 ($M)
7.1 Very Small Aperture Terminal Market 2023-2030 ($M) - Regional Industry Research
7.1.1 VSAT By Frequency Band Market 2023-2030 ($M)
7.2 Mobile Satellite Service Market 2023-2030 ($M) - Regional Industry Research
8.South America Maritime Satellite Communication Market Analysis By Service Market 2023-2030 ($M)
8.1 Voice Market 2023-2030 ($M) - Regional Industry Research
8.2 Video Market 2023-2030 ($M) - Regional Industry Research
8.3 Data Market 2023-2030 ($M) - Regional Industry Research
8.4 Tracking & Monitoring Market 2023-2030 ($M) - Regional Industry Research
8.5 Merchant Shipping Market 2023-2030 ($M) - Regional Industry Research
8.6 Offshore Market 2023-2030 ($M) - Regional Industry Research
8.7 Government Market 2023-2030 ($M) - Regional Industry Research
8.8 Passenger Ships Market 2023-2030 ($M) - Regional Industry Research
8.9 Leisure Vessels Market 2023-2030 ($M) - Regional Industry Research
8.10 Fishing Market 2023-2030 ($M) - Regional Industry Research
9.Europe Maritime Satellite Communication Market Analysis By Type Market 2023-2030 ($M)
9.1 Very Small Aperture Terminal Market 2023-2030 ($M) - Regional Industry Research
9.1.1 VSAT By Frequency Band Market 2023-2030 ($M)
9.2 Mobile Satellite Service Market 2023-2030 ($M) - Regional Industry Research
10.Europe Maritime Satellite Communication Market Analysis By Service Market 2023-2030 ($M)
10.1 Voice Market 2023-2030 ($M) - Regional Industry Research
10.2 Video Market 2023-2030 ($M) - Regional Industry Research
10.3 Data Market 2023-2030 ($M) - Regional Industry Research
10.4 Tracking & Monitoring Market 2023-2030 ($M) - Regional Industry Research
10.5 Merchant Shipping Market 2023-2030 ($M) - Regional Industry Research
10.6 Offshore Market 2023-2030 ($M) - Regional Industry Research
10.7 Government Market 2023-2030 ($M) - Regional Industry Research
10.8 Passenger Ships Market 2023-2030 ($M) - Regional Industry Research
10.9 Leisure Vessels Market 2023-2030 ($M) - Regional Industry Research
10.10 Fishing Market 2023-2030 ($M) - Regional Industry Research
11.APAC Maritime Satellite Communication Market Analysis By Type Market 2023-2030 ($M)
11.1 Very Small Aperture Terminal Market 2023-2030 ($M) - Regional Industry Research
11.1.1 VSAT By Frequency Band Market 2023-2030 ($M)
11.2 Mobile Satellite Service Market 2023-2030 ($M) - Regional Industry Research
12.APAC Maritime Satellite Communication Market Analysis By Service Market 2023-2030 ($M)
12.1 Voice Market 2023-2030 ($M) - Regional Industry Research
12.2 Video Market 2023-2030 ($M) - Regional Industry Research
12.3 Data Market 2023-2030 ($M) - Regional Industry Research
12.4 Tracking & Monitoring Market 2023-2030 ($M) - Regional Industry Research
12.5 Merchant Shipping Market 2023-2030 ($M) - Regional Industry Research
12.6 Offshore Market 2023-2030 ($M) - Regional Industry Research
12.7 Government Market 2023-2030 ($M) - Regional Industry Research
12.8 Passenger Ships Market 2023-2030 ($M) - Regional Industry Research
12.9 Leisure Vessels Market 2023-2030 ($M) - Regional Industry Research
12.10 Fishing Market 2023-2030 ($M) - Regional Industry Research
13.MENA Maritime Satellite Communication Market Analysis By Type Market 2023-2030 ($M)
13.1 Very Small Aperture Terminal Market 2023-2030 ($M) - Regional Industry Research
13.1.1 VSAT By Frequency Band Market 2023-2030 ($M)
13.2 Mobile Satellite Service Market 2023-2030 ($M) - Regional Industry Research
14.MENA Maritime Satellite Communication Market Analysis By Service Market 2023-2030 ($M)
14.1 Voice Market 2023-2030 ($M) - Regional Industry Research
14.2 Video Market 2023-2030 ($M) - Regional Industry Research
14.3 Data Market 2023-2030 ($M) - Regional Industry Research
14.4 Tracking & Monitoring Market 2023-2030 ($M) - Regional Industry Research
14.5 Merchant Shipping Market 2023-2030 ($M) - Regional Industry Research
14.6 Offshore Market 2023-2030 ($M) - Regional Industry Research
14.7 Government Market 2023-2030 ($M) - Regional Industry Research
14.8 Passenger Ships Market 2023-2030 ($M) - Regional Industry Research
14.9 Leisure Vessels Market 2023-2030 ($M) - Regional Industry Research
14.10 Fishing Market 2023-2030 ($M) - Regional Industry Research
LIST OF FIGURES
1.US Maritime Satellite Communication Market Revenue, 2023-2030 ($M)
2.Canada Maritime Satellite Communication Market Revenue, 2023-2030 ($M)
3.Mexico Maritime Satellite Communication Market Revenue, 2023-2030 ($M)
4.Brazil Maritime Satellite Communication Market Revenue, 2023-2030 ($M)
5.Argentina Maritime Satellite Communication Market Revenue, 2023-2030 ($M)
6.Peru Maritime Satellite Communication Market Revenue, 2023-2030 ($M)
7.Colombia Maritime Satellite Communication Market Revenue, 2023-2030 ($M)
8.Chile Maritime Satellite Communication Market Revenue, 2023-2030 ($M)
9.Rest of South America Maritime Satellite Communication Market Revenue, 2023-2030 ($M)
10.UK Maritime Satellite Communication Market Revenue, 2023-2030 ($M)
11.Germany Maritime Satellite Communication Market Revenue, 2023-2030 ($M)
12.France Maritime Satellite Communication Market Revenue, 2023-2030 ($M)
13.Italy Maritime Satellite Communication Market Revenue, 2023-2030 ($M)
14.Spain Maritime Satellite Communication Market Revenue, 2023-2030 ($M)
15.Rest of Europe Maritime Satellite Communication Market Revenue, 2023-2030 ($M)
16.China Maritime Satellite Communication Market Revenue, 2023-2030 ($M)
17.India Maritime Satellite Communication Market Revenue, 2023-2030 ($M)
18.Japan Maritime Satellite Communication Market Revenue, 2023-2030 ($M)
19.South Korea Maritime Satellite Communication Market Revenue, 2023-2030 ($M)
20.South Africa Maritime Satellite Communication Market Revenue, 2023-2030 ($M)
21.North America Maritime Satellite Communication By Application
22.South America Maritime Satellite Communication By Application
23.Europe Maritime Satellite Communication By Application
24.APAC Maritime Satellite Communication By Application
25.MENA Maritime Satellite Communication By Application
26.Inmarsat PLC., Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.Thuraya Telecommunications Company, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.Hughes Network Systems LLC, Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.Viasat, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.Royal Imtech N.V., Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.Globecomm Systems Inc., Sales /Revenue, 2015-2018 ($Mn/$Bn)
The Maritime Satellite Communication Market is projected to grow at 8.6% CAGR during the forecast period 2024-2030.
Maritime Satellite Communication Market size is estimated to surpass $4,865.0 Million by 2030 from $2,723.7 million in 2023.
The leading players in the Maritime Satellite Communication Market are Viasat Inc., Iridium Communications Inc, NSSLGlobal, SES S.A., EchoStar Corporation and Others.