The global mobile satellite phone market is projected to have a considerable CAGR during the forecast period. Mobile satellite phones are the most modern technological innovations, capable of operating in the most extreme conditions. These phones connect to communication satellites via a direct signal link and can be used for military purposes such as connecting with troops over vast distances. They've also come in handy during natural disasters like earthquakes, tsunamis, floods, hurricanes, and other natural disasters to guarantee that search and rescue efforts run well. These aspects are predicted to help the market's expansion.
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In most parts of the world, satellite mobile phones use satellites to communicate with landlines, cellular phones, and other satellite phones. Responders use satellite mobile phones for emergency communications in remote areas where there are no landline or cellular telephone networks or in areas where existing networks are damaged or overloaded, such as during a natural disaster (e.g., severe weather or earthquake) or a man-made incident, such as a chemical, biological, or radiologic attack.
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Furthermore, satellite phones that are as small as regular smartphones have been introduced to the market. In addition, numerous significant players are attempting to improve the phones' functionality. These factors are expected to aid the market's expansion over the forecast period. For instance, in January 2019, Iridium Communications, a global communications pioneer, used the SpaceX Falcon9 rocket to launch over ten satellites. These satellites were then launched into orbit for testing. The satellites are expected to improve global network connectivity even more.
Mobile Satellite Phone Market – Segmentation
By Service
Video Service
Voice Services
Data Services
Tracking and Monitoring
By Access Type
Land Mobile
Maritime
Aeronautical
By Industry Vertical
Oil and Gas
Media and Entertainment
Mining
Military and Defence
Aviation
Transportation
Other Industry Verticals
Mobile Satellite Phone Market – Segmentation by Region
North America
United States
Canada
Europe
Germany
United Kingdom
France
Spain
Italy
Rest of Europe
Asia-Pacific
China
Japan
India
Rest of Asia-Pacific
Rest of the World
Company Profiles
Inmarsat
Iridium Communications Inc.
Orbcomm
Echostar Corporation
Intelsat General Corporation
Singtel
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