TechNavio's analysts forecast the Global Satellite Communication market in the Oil and Gas industry to grow at a CAGR of 5.74 percent over the period 2013-2018. One of the key factors contributing to this market growth is the challenging environment of oil and gas rigs. The Global Satellite Communication market in the Oil and Gas industry has also been witnessing the use of satellite communication for the ultra-deep water exploration. However, the increasing adoption of fiber optics connectivity could pose a challenge to the growth of this market.
TechNavio's report, the Global Satellite Communication Market in the Oil and Gas Industry 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers North America, Europe, the APAC region, the Middle East and Africa, and Latin America; it also covers the Global Satellite Communication market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
The key vendors dominating this market space are Harris CapRock Communications Inc., Inmarsat plc., KVH Industries Inc., RigNet Inc., and Vizada Inc.
Other vendors mentioned in the report are APT Satellite Company Ltd., C-Com Satellite Systems Inc., DTS Inc., Hermes Datacommunications International Ltd., Hughes Satellite Systems Corp., ITC Global, Inc., Orange Business Services, Singapore Telecommunications Ltd., STM Group, Inc., and Telespazio SpA.
Key questions answered in this report:
What will the market size be in 2018 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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