Market Share of Asia-Pacific Maritime Satellite Communication Industry
The competitive landscape of the maritime satellite communication market in the Asia-Pacific region is expected to move toward moderate fragmentation. The market players in the region and the governments of various countries in the region are taking several initiatives for innovation to improve the maritime security of the nations. Also, the market players are forming strategic partnerships and collaborations to boost their market presence in the Asia-Pacific region and globally. For instance,
- In March 2022, shipyards can use Fleet Xpress, a market-leading maritime broadband service from mobile satellite communications company Inmarsat. Fleet Xpress for Shipyards, which is installed during new construction, saves time-consuming and expensive installation tasks at ports by providing owners with a pre-fitted very small aperture terminal (VSAT) solution included in the vessel's initial purchase price.
- In January 2022, Network Innovations (NI) acquired STS Worldwide Inc., one of the most established global ground systems integrators in the satellite business, which provides turnkey network systems and engineering design. With services to link clients in distant regions, send vital data, provide secure networks, and more, STS Global has made sure that dependable services are available everywhere on Earth.
- In May 2022, Thaicom Public Company Limited offered its premier end-to-end satellite communications solutions for a range of clients, including the Nava Global Maritime Broadband Platform and Thaicom Express Wi-Fi, a high-speed broadband hotspot service.
APAC Maritime Satellite Communication Market Leaders
Inmarsat Group Ltd.
Network Innovation Inc.
Thuraya Telecommunications Company
Thaicom PCL
Thales Group
*Disclaimer: Major Players sorted in no particular order
