LONDON--(BUSINESS WIRE)--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
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
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