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Global Satellite Phone Market Outlook 2018-2022 with China Telecom, Globalstar, Inmarsat, Iridium Communications, and Satcom Global Dominating - ResearchAndMarkets.com

November 22, 2018

DUBLIN--(BUSINESS WIRE)--Nov 22, 2018--The “Global Satellite Phone Market 2018-2022” report has been added to ResearchAndMarkets.com’s offering.

The satellite phone market is projected to register a CAGR of almost 2% by 2022.With the emergence of satellite phone user interface, there is a growing demand for new aircraft. Satellite phones usually tend to have a very basic interface and physical appearance; however, technological innovations are expected to improve the satellite phone interface with modifications in the hardware components.For instance, Thuraya Telecommunications has introduced a satellite smartphone, X-5 Touch, that integrates smart-phone like features with satellite-phone features. It runs on Android operating system and comes with a larger display screen compared to other traditional satellite phones.

One trend affecting this market is the emergence of satellite phone user interface. Satellite phones usually tend to have a very basic interface and physical appearance; however, technological innovations are expected to improve the satellite phone interface with modifications in the hardware components.

According to the report, one driver influencing this market is the driven by the emergence of hybrid satellite phones. The emergence of hybrid satellite phones is expected to boost the growth prospect of the global satellite phone market as the conventional satellite phones are very expensive which is compelling vendors to innovate and launch hybrid phones that have dual capacity and functions of both satellite phones and smart phones.

Further, the report states that one challenge affecting this market is the security challenge with satellite phones. Research evidence has proved that satellite phones can be hacked, and the encryption used by them can be decoded. Since satellite phones are majorly used in remote arears and war zones, hacking is a significant challenge for the growth of the global satellite phone market.Key PlayersChina TelecomGlobalstarInmarsatIridium CommunicationsSatcom Global

Topics Covered

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: RESEARCH METHODOLOGY

PART 04: MARKET LANDSCAPE

Market ecosystemMarket characteristicsMarket segmentation analysis

PART 05: MARKET SIZING

Market definitionMarket sizing 2017Market size and forecast 2017-2022

PART 06: FIVE FORCES ANALYSIS

Bargaining power of buyersBargaining power of suppliersThreat of new entrantsThreat of substitutesThreat of rivalryMarket condition

PART 07: MARKET SEGMENTATION BY END-USER

Segmentation by end-userComparison by end-userGovernment - Market size and forecast 2017-2022Energy - Market size and forecast 2017-2022Aerospace and defense - Market size and forecast 2017-2022Maritime - Market size and forecast 2017-2022Others - Market size and forecast 2017-2022Market opportunity by end-user

PART 08: CUSTOMER LANDSCAPE

PART 09: REGIONAL LANDSCAPE

Geographical segmentationRegional comparisonAmericas - Market size and forecast 2017-2022EMEA - Market size and forecast 2017-2022APAC - Market size and forecast 2017-2022Key leading countriesMarket opportunity

PART 10: DECISION FRAMEWORK

PART 11: DRIVERS AND CHALLENGES

Market driversMarket challenges

PART 12: MARKET TRENDS

Emergence of satellite phone user interfaceConverging satellite and cellular communicationIncreasing demand for disaster management system

PART 13: VENDOR LANDSCAPE

OverviewLandscape disruption

PART 14: VENDOR ANALYSIS

Vendors coveredVendor classificationMarket positioning of vendorsChina TelecomGlobalstarInmarsatIridium CommunicationsSatcom Global

For more information about this report visit https://www.researchandmarkets.com/research/q75skn/global_satellite?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20181122005258/en/

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Related Topics:Satellite Communications

KEYWORD:

INDUSTRY KEYWORD: TECHNOLOGY TELECOMMUNICATIONS SATELLITE

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 11/22/2018 09:28 AM/DISC: 11/22/2018 09:27 AM

http://www.businesswire.com/news/home/20181122005258/en

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