Maritime satellite communications market: trends and forecasts 2024–2034

This report analyses the maritime satellite communications (satcom) market. It provides forecasts for the period between 2024 and 2034 for in-service units, capacity demand and revenue, shipments, equipment revenue, ARPU and service revenue for different verticals and frequency bands.

The report also offers strategic recommendations for satellite operators and service integrators on how to navigate the competitive landscape across the maritime satcom market.

Report coverage

• Detailed projections for the evolution of the maritime satcom market across merchant shipping, offshore, fishing, leisure and passenger shipping vessel applications
• Analysis of multi-orbit and hybrid connectivity architectures for the maritime satcom market, alongside advancements in terminals, antennas and satellite capacity
• Overview of the main market players, new entrants and strategic partnerships in the maritime satcom industry, including operator–service provider consolidation
• Analysis of service and equipment revenue forecasts, ARPU trends by vertical and region, and discussion of the evolution of capacity pricing
• Insights into satcom adoption and demand across major maritime regions including NAM, EU, Asia, MEA and oceanic routes (AOR, IOR, POR)

Report segmentation

Questions answered

• How much growth will each of the six satcom market variables discussed in this report experience during the forecast period?
• What can incumbent satellite operators and service providers do to alleviate the competitive pressures presented by new entrants? 
• How will competition between GEO and non-GEO services evolve, and how will this differ by vertical? 
• Which applications, regions and technologies will provide increasing demand and revenue growth for satcom players in the maritime market? 

Who should buy this report

• Maritime satcom service providers 
• Satellite operators 
• Commercial maritime end users (for example, merchant shipping, cruise lines, offshore platform operators, fishing companies and leisure craft owners)
• Maritime terminal and equipment manufacturers 
• Hardware integrators 
• Investors and financial institutions

Companies mentioned in this report

Hapag-Llyod, Inmarsat, Intellian, KVH, Marlink, Mitsui OSK Lines, Navarino, Pacific Basin, SES, Solstad, Solvang, Simon Mokster Shipping, Speedcast and Starlink.