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A Mobile Satellite Phone, satellite phone or satphone 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 advantage of a satphone is that its use is not limited to areas covered by cell towers; it can be used in most or all geographic locations on the Earth's surface.
LPI (LP Information)' newest research report, the "Mobile Satellite Phone Industry Forecast" looks at past sales and reviews total world Mobile Satellite Phone sales in 2022, providing a comprehensive analysis by region and market sector of projected Mobile Satellite Phone sales for 2023 through 2029. With Mobile Satellite Phone sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Mobile Satellite Phone industry.
This Insight Report provides a comprehensive analysis of the global Mobile Satellite Phone landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Mobile Satellite Phone portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Mobile Satellite Phone market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Mobile Satellite Phone and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Mobile Satellite Phone.
The global Mobile Satellite Phone market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.
United States market for Mobile Satellite Phone is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
China market for Mobile Satellite Phone is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Europe market for Mobile Satellite Phone is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Global key Mobile Satellite Phone players cover Iridium, Globalstar, BYOD Devices, Inmarsat, BGAN, Thuraya, BlueCosmo, TerreStar and Nicetrip, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.
This report presents a comprehensive overview, market shares, and growth opportunities of Mobile Satellite Phone market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
- Geosynchronous Satellite Telephone
- Low-Earth Orbit Satellite Telephone
Segmentation by application
- Defense
- Maritime
- Aviation
- Energy
- Others
This report also splits the market by region:
- Americas
- - United States
- - Canada
- - Mexico
- - Brazil
- APAC
- - China
- - Japan
- - Korea
- - Southeast Asia
- - India
- - Australia
- Europe
- - Germany
- - France
- - UK
- - Italy
- - Russia
- Middle East & Africa
- - Egypt
- - South Africa
- - Israel
- - Turkey
- - GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
- Iridium
- Globalstar
- BYOD Devices
- Inmarsat
- BGAN
- Thuraya
- BlueCosmo
- TerreStar
- Nicetrip
Key Questions Addressed in this Report
What is the 10-year outlook for the global Mobile Satellite Phone market?
What factors are driving Mobile Satellite Phone market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Mobile Satellite Phone market opportunities vary by end market size?
How does Mobile Satellite Phone break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?