Asia Pacific Maritime Satellite Communication Market Size & Outlook
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Asia Pacific maritime satellite communication market highlights
- The Asia Pacific maritime satellite communication market generated a revenue of USD 1,498.1 million in 2024.
- The market is expected to grow at a CAGR of 13.5% from 2025 to 2033.
- In terms of segment, commercial vessels was the largest revenue generating end use in 2024.
- Naval Vessel is the most lucrative end use segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2025 to 2033.
Asia Pacific data book summary
| Market revenue in 2024 | USD 1,498.1 million |
| Market revenue in 2033 | USD 4,559.7 million |
| Growth rate | 13.5% (CAGR from 2025 to 2033) |
| Largest segment | Commercial vessels |
| Fastest growing segment | Naval Vessel |
| Historical data covered | 2021 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Naval Vessel, Commercial Vessels, Leisure Vessels, Offshore Oil Rigs |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 34.6% of the global maritime satellite communication market in 2024.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2033.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 4,559.7 million by 2033.
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Maritime Satellite Communication Market Scope
Maritime Satellite Communication Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Kongsberg Maritime | View profile | 5001-10000 | Kongsberg, Buskerud, Norway, Europe | http://www.kongsberg.com/kongsberg-maritime |
| KVH, Industries | View profile | 501-1000 | Middletown, Rhode Island, United States, North America | http://www.kvh.com |
| Saab AB ADR | View profile | 22335 | Olof Palmes gata 17, 5th Floor, Stockholm, Sweden, SE-111 22 | https://www.saab.com |
| Thuraya Telecommunications | View profile | 251-500 | Dubai, Dubai, United Arab Emirates, Asia | http://www.thuraya.com/ |
| ORBCOMM | View profile | 1001-5000 | Rochelle Park, New Jersey, United States, North America | http://www.orbcomm.com/ |
| Inmarsat | View profile | 1001-5000 | London, England, United Kingdom, Europe | http://www.inmarsat.com |
| EchoStar Corp Class A | View profile | 15300 | 9601 South Meridian Boulevard, Englewood, CO, United States, 80112 | https://www.echostar.com |
| Singapore Technologies Engineering Ltd | View profile | 26000 | 1 Ang Mo Kio Electronics Park Road, No. 07-01, ST Engineering Hub, Singapore, Singapore, 567710 | https://www.stengg.com |
| Viasat Inc | View profile | 6800 | 6155 El Camino Real, Carlsbad, CA, United States, 92009 | https://www.viasat.com |
| Iridium Communications Inc | View profile | 760 | 1750 Tysons Boulevard, Suite 1400, McLean, VA, United States, 22102 | https://www.iridium.com |
| Leonardo SpA ADR | View profile | 51000 | Piazza Monte Grappa 4, Rome, Italy, 00195 | http://www.leonardocompany.com |
Asia Pacific maritime satellite communication market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to maritime satellite communication market will help companies and investors design strategic landscapes.
Commercial vessels was the largest segment with a revenue share of 73.53% in 2024. Horizon Databook has segmented the Asia Pacific maritime satellite communication market based on naval vessel, commercial vessels, leisure vessels, offshore oil rigs covering the revenue growth of each sub-segment from 2021 to 2033.
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Target buyers of Asia Pacific maritime satellite communication market databook
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Our clientele includes a mix of maritime satellite communication market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific maritime satellite communication market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific maritime satellite communication market from 2021 to 2033, including revenue numbers, major trends, and company profiles.
Partial client list
Asia Pacific maritime satellite communication market size, by country, 2021-2033 (US$M)
Asia Pacific Maritime Satellite Communication Market Outlook Share, 2024 & 2033 (US$M)
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