Middle East & Africa Mobile Satellite Services Market Size & Outlook
The mobile satellite services market in Middle East & Africa is expected to reach a projected revenue of US$ 716.7 million by 2030. A compound annual growth rate of 4.1% is expected of Middle East & Africa mobile satellite services market from 2024 to 2030.
Revenue, 2023 (US$M)
$542.2
Forecast, 2030 (US$M)
$716.7
CAGR, 2024 - 2030
4.1%
Report Coverage
Middle East & Africa
Middle East & Africa mobile satellite services market, 2018-2030 (US$M)
Related Markets
MEA mobile satellite services market highlights
- The MEA mobile satellite services market generated a revenue of USD 542.2 million in 2023.
- The market is expected to grow at a CAGR of 4.1% 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, UAE is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 542.2 million |
| Market revenue in 2030 | USD 716.7 million |
| Growth rate | 4.1% (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, MEA region accounted for 8.9% 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 segmentation & scope
Mobile Satellite Services Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Middle East & Africa 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 74.68% in 2023. Horizon Databook has segmented the Middle East & Africa mobile satellite services market based on voice, data covering the revenue growth of each sub-segment from 2018 to 2030.
- Middle East & Africa Mobile Satellite Services Services Outlook (Revenue, USD million, 2018-2030)
- Voice
- Data
- Middle East & Africa Mobile Satellite Services Application Outlook (Revenue, USD million, 2018-2030)
- Land Mobile
- Aviation & Aeronautics
- Maritime
- M2M Services
- Middle East & Africa Mobile Satellite Services End User Outlook (Revenue, USD million, 2018-2030)
- Defense & Intelligence
- Government
- Industrial
- Enterprises
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Target buyers of Middle East & Africa 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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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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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa mobile satellite services market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa mobile satellite services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
MEA mobile satellite services market size, by country, 2018-2030 (US$M)
Middle East & Africa Mobile Satellite Services Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
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