Latin America Mobile Satellite Services Market Size & Outlook
Latin America mobile satellite services market, 2018-2030 (US$M)
Related Markets
Latin America mobile satellite services market highlights
- The Latin America mobile satellite services market generated a revenue of USD 496.3 million in 2023.
- The market is expected to grow at a CAGR of 5.2% from 2024 to 2030.
- In terms of segment, data was the largest revenue generating services in 2023.
- Data is the most lucrative services segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 496.3 million |
| Market revenue in 2030 | USD 709.2 million |
| Growth rate | 5.2% (CAGR from 2023 to 2030) |
| Largest segment | Data |
| Fastest growing segment | Data |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Voice, Data |
| Key market players worldwide | Viasat Inc, SES SA DR, Telesat Corp Class A, EchoStar Corp Class A, Iridium Communications Inc, SKY Perfect JSAT Holdings Inc ADR, Thuraya Telecommunications, SES AI Corp, Vizocom, SpeedCast |
Other key industry trends
- In terms of revenue, Latin America region accounted for 8.2% of the global mobile satellite services market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 2,578.6 million by 2030.
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Mobile Satellite Services Market Scope
Mobile Satellite Services Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America mobile satellite services 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 mobile satellite services market will help companies and investors design strategic landscapes.
Data was the largest segment with a revenue share of 74.59% in 2023. Horizon Databook has segmented the Latin America mobile satellite services market based on voice, data covering the revenue growth of each sub-segment from 2018 to 2030.
- Latin America Mobile Satellite Services Services Outlook (Revenue, USD million, 2018-2030)
- Voice
- Data
- Latin America Mobile Satellite Services Application Outlook (Revenue, USD million, 2018-2030)
- Land Mobile
- Aviation & Aeronautics
- Maritime
- M2M Services
- Latin America Mobile Satellite Services End User Outlook (Revenue, USD million, 2018-2030)
- Defense & Intelligence
- Government
- Industrial
- Enterprises
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Target buyers of Latin America mobile satellite services market databook
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Our clientele includes a mix of mobile satellite services 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 Latin America mobile satellite services market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America mobile satellite services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Latin America mobile satellite services market size, by country, 2018-2030 (US$M)
Latin America Mobile Satellite Services Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
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