Market Share of Maritime Satellite Communication Industry
The maritime satellite communication market is favorably competitive with several players. In terms of market share, few of the major players currently dominate the market. These major players, with a prominent market share, focus on developing their customer base across foreign countries. These corporations leverage strategic collective initiatives to increase their market share and profitability.
- October 2022 - AXESS Networks and Viasat joined a strategic partnership to expand maritime services globally, which expect and need high-performing internet at sea. Viasat brings robust offshore internet services within a precise maritime plan.
- August 2022 - KVH partnered with the Hellenic Broadcasting Corporation (ERT) to benefit Greek seafarers with native content through KVH Link, improving the content service concentrated on a large segment of the commercial maritime crew population. The new partnership with ERT includes video and audio content available to seafarers directly on vessels enjoying KVH Link. Video content contains a one-hour news bulletin broadcast daily, keeping Greek seafarers updated with their experiences in Greece.
Maritime Satellite Communications Market Leaders
Inmarsat Group Limited
Marlink SAS (Providence Equity Partners)
KVH Industries Inc.
Speedcast
NSSL Global Limited
*Disclaimer: Major Players sorted in no particular order
