The impact of growing adoption of satellite communication devices and services in emerging nations
Key findings
and predictions from numerous analysts converge on
the fact that, the global mobile satellite services (MSS) market is on
interesting curve in terms of adoption across the world particularly in
emerging nations.
According to Technavio, the global MSS market was valued at USD 3.32
billion in 2015 and will reach USD 4.84 billion by 2020, growing at a CAGR of
7.83%.
The firm announces that, the global MSS market will experience steady
growth during 2016-2020 because of the growing
adoption of satellite communication devices and services in emerging nations, and
the rapid adoption and use of satellite communication for disaster management
in developed nations.