Satellite Telephones MarketSize and Trends

Strong network infrastructure in mission critical applications is the prominent factor driving growth of the satellite telephones market

According to New England Journal of Medicine’s Report, incidences of natural disasters have witnessed steady increase, with the global climate change, since the 1970s. These climate related calamities such as floods, storm surge, coastal flooding, tropical cyclones, and cold/heat waves apart from causing large-scale destruction, these disrupt and conventional land-based cellular networks. Growing concerns regarding these inadvertent incidences, and the necessity of preparedness in case of emergencies is expected fuel growth of the satellite telephones market. Military forces, public safety agencies and disaster management teams are expected to be the primary consumers, owing to the requirement to coordinate their activities in case of such emergencies.

Growing defense expenditure will provide solid growth platform to the satellite telephones market over the forecast period

U.S. is expected to remain the most potential region for growth prospects, owing to it being the largest spender on defense. Moreover, commercial applications in the region have witnessed significant increase owing to increasing tourism to foreign remote locations in South America, Asia and Africa. Choices of prepaid and postpaid options, no roaming costs and internet enabled devices will propel the commercial consumer inclination towards these satphones market

Media, tourism and other forms of venturing business operations have witnessed significant growth in the Asia Pacific and Middle East over the past few years. Requirement to cope up with the lack of efficient conventional network coverage, expensive roaming rates, and severe government restrictions and scrutiny imposed on all forms of communication in certain countries in MEA and Asia Pacific are expected to provide substantial growth prospects for players in the global satellite telephones market. However, considering the large volume of expenditure in the sector are expected to position the defense and maritime industry as the largest end user segment over the forecast period.

Participants are increasingly investing to enhance user experience through long battery life, rugged design, and integration of navigation systems such as GPS, Glonass, BeiDou, and Galileo in the devices for increased functionality. For instance, in November 2016, Thuraya introduced its Thuraya XT PRO DUAL, that combines satellite and GSM SIM cards.

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