Latin America Mobile Satellite Services Market Size & Outlook
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 |
|---|---|---|---|---|
| SpeedCast | View profile | 1001-5000 | Chantilly, Virginia, United States, North America | http://www.speedcast.com/ |
| Vizocom | View profile | 101-250 | San Diego, California, United States, North America | https://www.vizocom.com |
| SES AI Corp | View profile | 300 | 35 Cabot Road, Woburn, MA, United States, 01801 | https://www.ses.ai |
| Thuraya Telecommunications | View profile | 251-500 | Dubai, Dubai, United Arab Emirates, Asia | http://www.thuraya.com/ |
| SKY Perfect JSAT Holdings Inc ADR | View profile | 1632 | 1-8-1 Akasaka, Akasaka Intercity AIR, Minato-ku, Tokyo, Japan, 107-0052 | https://www.skyperfectjsat.space |
| Telesat Corp Class A | View profile | 490 | 160 Elgin Street, Ottawa, ON, Canada, K2P 2P7 | https://www.telesat.com |
| SES SA DR | View profile | 2294 | Chateau de Betzdorf, Betzdorf, Luxembourg, Luxembourg, L-6815 | https://www.ses.com |
| EchoStar Corp Class A | View profile | 15300 | 9601 South Meridian Boulevard, Englewood, CO, United States, 80112 | https://www.echostar.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 |
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)
- Maritime
- Land Mobile
- Aviation & Aeronautics
- M2M Services
- Latin America Mobile Satellite Services End User Outlook (Revenue, USD million, 2018-2030)
- Government
- Defense & Intelligence
- 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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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.
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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)
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