The global satellite telephones market is estimated to grow at a CAGR during the forecast period. Instead of using traditional continental cellular networks, satellite telephones, or satphones, enable telecommunication access via orbiting satellites. These phones are comparable to regular phones, however, they have the extra benefit of enabling continuous connectivity in remote areas and sensitive areas where all forms of communication are censored. Military forces on the ground and other government agencies stationed in sensitive areas primarily use these. Over 2,000 artificial satellites are currently in use. They are utilised for traditional point-to-point communications, mobile applications, and the distribution of TV and radio programming, and can be found in geostationary, Molniya, elliptical, and low Earth orbits.
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Floods, storm surge, coastal flooding, tropical cyclones, and cold/heat waves are instances of climate-related calamities that, in addition to causing large-scale harm, affect traditional land-based cellular networks. Growing concerns about these unintentional incidents, as well as the importance of being prepared in the event of an emergency, are projected to drive the satellite telephone business forward. Due to the need to coordinate their efforts in the event of such emergencies, military forces, public safety agencies, and disaster management teams are likely to be the key users.
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For Instance, In July 2019, UbiquitiLink launched its prototype model into space focusing on cellphone service to deploy small satellites into orbit that can easily link to any mobile phone without requiring any alterations to the phones themselves. The company has invented a system that allows regular handsets to use satellites as cell towers, allowing millions of people to communicate for less money.
Market Coverage
- The market number available for – 2020-2027
- Base year- 2020
- Forecast period- 2021-2027
- Segment Covered-
o By Type
o By Application
- Competitive Landscape: Inmarsat, Iridium, Globalstar, TerreStar, Thuraya among others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominates the market in base year?
- Which segment and region will project fastest growth in the market?
- How COVID-19 impacted the market?
o Recovery Timeline
o Deviation from pre-COVID forecast
o Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Satellite Telephones Market by Segments
By Type
- Geosynchronous
- Low-Earth Orbit
By Application
- Defense
- Maritime
- Aviation
- Energy
- Others (Public safety agencies, disaster management, and tourism)
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