Global Maritime SATCOM Services Growth to be Boosted by Smart Shipping

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"The construction of NGSO (non-geostationary orbit) satellite constellations by market participants to offer services to the maritime industry is changing the dynamics of the maritime SATCOM sector," said Ehrar Ahamed Shariff, Aerospace & Defense Research Analyst at Frost & Sullivan. "This trend will benefit maritime customers during the next three to five years by providing greater bandwidth, low-latency connectivity, and more SATCOM options."

Shariff added: "Digitalization is essential for crew connectivity, safety, performance monitoring, and operational efficiency for connected ships and vessels. Further, advancement in maritime SATCOM will enable fifth-generation (5G) coverage at sea, providing ubiquity, lowering the cost of maritime SATCOM service, and improving the value proposition of very-small-aperture terminal (VSAT) services in the maritime sector."

To reap the benefits of the expanding maritime SATCOM industry, market participants should:

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Growth Opportunities in Global Maritime Satellite Communication (SATCOM) Services

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