Asia Pacific Satellite Telephones Market – Size, Outlook, Trends and Forecast (2024 – 2032)

A type of mobile phone that fixes to orbiting satellites instead of terrestrial cell sites are considered as satellite phones. These phones have the same functionality as mobile phones such as voice, SMS and low-bandwidth internet access and so on. Modern satellite phones are similar in size to a regular mobile phone while some prototype satellite phones have no discrete difference from an ordinary smartphone. In remote areas terrestrial cellular service is not available and these satellite phones are gaining popularity from the recent past.

Asia Pacific Satellite Telephones Market Size & Growth:

APAC satellite telephones market was valued at $XX billion in 2017, and it is estimated to reach $XX billion by 2024 with a CAGR of XX% during the forecasting period 2019-2024. The ability to agree on the user to stay in touch with one another at the time of crisis (terror attacks, power outages, hurricanes and so on) is driving the growth for satellite phones in this region. Satellite phones can also be used in areas where the government has controlled the access to internet and calls. Also, these can be used in areas affected by natural disasters such as earthquakes, tsunami, and others. Moreover, increasing satellite industry coupled with growing defence expenditure is also fueling the global market of satellite telephones.

Asia Pacific Satellite Telephones Market Share:

The market is segmented regarding satellite type, end user, and geography. By satellite type, the market is segmented into Geosynchronous Orbit and Low-Earth Orbit. Geosynchronous orbit is expected to hold the most significant market share and also projected to witness a tremendous growth rate of CAGR XX% during 2019-2024. The amount of bandwidth obtainable on these systems is considerably higher than that of the low Earth orbit (LEO) systems. These systems offer portable satellite internet using laptop-sized terminals with speeds ranging from 60 to 512 kbit per second (kbps).

By end-user, the market is segmented into defence, marine, aviation, energy and government. Defence segment is currently dominating the market and is estimated to maintain its dominance during the forecasting period. By geography, the market is segmented into China, Japan, India, South Korea and Australia & New Zealand. India and China are showing moderate growth rate concerning technology as these countries are adopting the satellite telephone technology and are expected to grow shortly.

Asia Pacific Satellite Telephones Market Trends:

In August 2018, Inmarsat PLC, the global mobile satellite communications provider and Auxilium, partnered to bring the most effective Industrial Internet of Things (IIoT) and communications solutions for Australian mining companies.

In October 2017, Globalstar and IPmotion partnered to offer a suite of Mobile Satellite Services (MSS) and products with voice, data, asset monitoring, tracking and emergency S.O.S. capabilities for the consumer, enterprise and government markets.

Asia Pacific Satellite Telephones Market Research Report:

• An executive summarycondensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
• To have a complete market analysis through industry value chain analysis, Porter’s five, PESTLE, SWOTanalysis, and Y-o-Y analysis.
• Regional and the Asia Pacific diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year–On–Year
• Identifying DROC in the current market and their impact on altering market dynamics.
• Competitive landscape analysis to identify the merger and acquisition which will have a comparative financial study with significant competitors.
• Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
• Identify the latest developments, market shares and strategies that are employed by the major market players, such as
  • Inmarsat PLC
  • Iridium Satellite Communications
  • TerreStar Corporation
  • Thuraya Telecommunication Company
  • Eutelsat Communications S.A.

Along with these companies, there were many other companies are considered in the report while analysing the APAC Satellite Telephones market. These companies held substantial share-owning to the nature of the industry whereas the rest of the market shares are marginal chunks to regional and local level manufacturers. Other players have considerable presence owing to its robust brand image, geographical reach and stable customer base.