ReportBuyer has released a report that forecasts the global mobile satellite services market to grow 7.39 percent by 2018.
The report factors in the wholesale mobile satellite services revenue in order to calculate the market size, ReportBuyer said Sept. 23.
Key regions covered in the report are the Americas, the Asia-Pacific and Europe-Middle East-Africa.
ReportBuyer also cites the following companies as key vendors in the market:
- Globalstar
- Inmarsat
- Iridium Communications
- Orbcomm
- Thuraya Satellite Telecommunication
The report attributes key market challenges to limited availability, high cost and complexity.