Increasing Launch of Satellites to Provide Satellite Internet Access to Augment Growth of the Satellite Telephones Market

 

A satellite telephone, sat phone or satellite phone, is some sort of communication device that links to the telephone network or other phones by radio via orbiting satellites as opposed to terrestrial cell sites. Satellite phones may be used in many different ways and the services that are offered be determined by the satellite service provider. A typical form of communication service provided is voice over internet protocol (VoIP). This service enables users to create voice calls to long distances with regular land lines and other regular devices such as cordless telephones.

There's also other forms of satellite phone services available. Satellite phones offer International Short Message Service (ISMS) which resembles International Dialup Service (IDS), but with fewer data services. International Long Distance Phone (ILDFS) is another form of ILS. It can also be similar to Global Positioning System (GPS) but only offers data services. Satellite phones also provide data services such as voice mail, fax, web browsing, and usage of Internet data services such as streaming video and picture services.

Market Dynamics

Increasing launch of satellites to provide satellite Access to the internet is anticipated to propel growth of the Satellite Telephones Market. As an example, in May 2019, SpaceX launched the first 60 operational satellites of its network of satellites called Starlink that is tasked to provide satellite Internet access.

Moreover, increasing adoption of satellite phones can also be anticipated to assist in growth of the market. As an example, in June 2020, Thuraya, the mobile satellite services subsidiary of the UAE's Al Yah Satellite Communications Company (Yahsat), announced that the business offers always-on satellite connectivity to Dubai Corporation for Ambulance Services through its partner, Cygnus Telecom.

Launch of satellites for mobile communication is expected to offer lucrative growth opportunities for players in the satellite telephones market. As an example, in November 2020, China launched its 34th satellite in 2020. The Tiantong-1 (02) mobile communications satellite went into orbit above the Earth the other day, carried there into a geostationary transfer orbit on a Long March 3B rocket.

Competitive Analysis

Major players operating in the Satellite Telephones Market include, Inmarsat, Iridium Communications Inc., Globalstar, TerreStar, Thuraya, Nice Trip, and SPOT Global Phone.

Major players operating in the satellite telephones market are focused on launching services to expand their product portfolio. As an example, in October 2020, Iridium Communications Inc. launched new, special edition, Iridium Extreme satellite phones — Iridium Extreme Safety Yellow and Iridium Extreme Sporting Camo.