About Satellite Telephone
The global Satellite Telephone market is expected to witness high Demand in the forecasted period due to the booming adventure tourism market and growing satellite industry. and A satellite telephone is also known as a satellite phone or satphone. It is a type of mobile phone that connects to other phones or the telephone network by radio through orbiting satellites instead of terrestrial cell sites, as cellphones do. The rising demand due to the advantages of satellite phones over landline and cellular phones. These phones are rugged in nature and can withstand rough weather conditions. These phones also provide better geographic coverage than landline and cellular phones. There are various benefits of the satellite telephones including progression toward low-cost, satellite-based internet services, the use of 3D printing technology in satellite manufacturing and miniaturization of electronic parts. in China, Inmarsat became the first company permitted to sell satellite phones in 2016.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Satellite Telephone market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Inmarsat (United Kingdom), Iridium Communications (United States), Globalstar (United States), TerreStar (United States), Thuraya (United Arab Emirates), Satcom Global (United Kingdom) and China Telecom (China) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Satellite Telephone market by Type (Geosynchronous Satellite Telephone (GEO) and Low-Earth Orbit Satellite Telephone (LEO)), Application (Defense, Maritime, Aviation, Energy and Others) and Region.
On the basis of geography, the market of Satellite Telephone has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Online Distribution Channel will boost the Satellite Telephone market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rising Number of Satellite Launches across the World and Upsurging Demand From Surging Shipbuilding Industry and Seaborne Trade
Market Growth Drivers:
High Adoption for Disaster Management System and Increasing Demand due to Converging Satellite and Cellular Communication
Challenges:
Stringent Government Regulation Regarding Satellite Telephone
Restraints:
Technological Complexity in the Satellite Phones and Cost Associated with Satellite Telephone
Opportunities:
Introduction of Satellite Phone User Interface and Increasing Advancement in the Hybrid Satellite Telephones
Market Leaders and their expansionary development strategies
On 23 September 2019, Inmarsat, the world leader in global, mobile satellite communications will showcase its leading role in the UK space sector at the UK Space Conference from the 24 to the 26 September in Newport, Wales.
" (a) Rules for Russians:, If the Iridium satellite phone belongs to a Russian-based company or individual, it is mandatory that the SIM card is obtained through a local Iridium partner and be billed at the official Iridium-Russia rates. Expect somewhat higher costs than typically available in the United States. and (b) Rules for Non-Russian Visitors: for Russian visitors, the Satellite phone or terminal must be registered through https://iridium-russia.com/en/register/ as visiting SIM cards. Once registered, the SIM card can be used in Russian territory for a period of 6 months. If the visitor expects to return a second time during that 6 month period, they do not need to re-register. If they return again after the 6 month period has expired, they must re-register for another 6 month period. Registering can be thought of as getting a "VISA" for satellite phone."
Key Target Audience
Satellite Telephone Manufactures, Satellite Telephone Distributors, Satellite Telephone Suppliers, Government Regulatory Bodies, Private Research Organizations, Government Research Organizations and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.