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Satellite Phone Market | Advantages of Satellite Phones to Boost Growth | Technavio

Technavio has been monitoring the satellite phone market and it is poised to grow by USD 135.13 mn during 2019-2023, progressing at a CAGR of over 4% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. Request latest free sample report of 2020-2024

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200316005532/en/

Technavio has announced its latest market research report titled Global Satellite Phone Market 2019-2023 (Graphic: Business Wire)

The market is concentrated, and the degree of concentration will accelerate during the forecast period. The advantages of satellite phones will offer immense growth opportunities, will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Advantages of satellite phones has been instrumental in driving the growth of the market.

Satellite Phone Market 2019-2023: Segmentation

Satellite Phone Market is segmented as below:

Type

  • Geosynchronous Orbit Satellites
  • Low-earth Orbit Satellites

Geographic Segmentation

  • Americas
  • APAC
  • EMEA

To learn more about the global trends impacting the future of market research, download latest free sample report of 2020-2024: https://www.technavio.com/talk-to-us?report=IRTNTR30165

Satellite Phone Market 2019-2023: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our satellite phone market report covers the following areas:

  • Satellite Phone Market Size
  • Satellite Phone Market Trends
  • Satellite Phone Market Industry Analysis

This study identifies progression toward low-cost, satellite-based internet services as one of the prime reasons driving the satellite phone market growth during the next few years.

Satellite Phone Market 2019-2023: Vendor Analysis

We provide a detailed analysis of around 25 vendors operating in the satellite phone market, including some of the vendors such as Globalstar, Inmarsat, Iridium Communications and Thuraya Telecommunications. Backed with competitive intelligence and benchmarking, our research reports on the satellite phone market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

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Satellite Phone Market 2019-2023: Key Highlights

  • CAGR of the market during the forecast period 2019-2023
  • Detailed information on factors that will assist satellite phone market growth during the next five years
  • Estimation of the satellite phone market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behaviour
  • The growth of the satellite phone market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of satellite phone market vendors

Table of Content:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 04: MARKET SIZING

  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 06: CUSTOMER LANDSCAPE

PART 07: GEOGRAPHIC LANDSCAPE

  • Geographic segmentation
  • Geographic comparison
  • Americas - Market size and forecast 2018-2023
  • EMEA - Market size and forecast 2018-2023
  • APAC - Market size and forecast 2018-2023
  • Key leading countries
  • Market opportunity

PART 08: MARKET SEGMENTATION BY SATELLITE TYPE

  • Market segmentation by satellite type
  • Comparison by satellite type
  • GEO - Market size and forecast 2018-2023
  • LEO - Market size and forecast 2018-2023
  • Market opportunity by satellite type

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 11: MARKET TRENDS

  • Progression toward low-cost, satellite-based Internet services
  • Use of 3D printing technology in satellite manufacturing
  • Miniaturization of electronic parts

PART 12: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption

PART 13: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Globalstar
  • Inmarsat
  • Iridium Communications
  • Thuraya Telecommunications

PART 14: APPENDIX

  • Research methodology
  • List of abbreviations

PART 15: EXPLORE TECHNAVIO

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

View source version on businesswire.com: https://www.businesswire.com/news/home/20200316005532/en/

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