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Satellite Telephones Market Top Keyplayers Inmarsat, Iridium, Globalstar, TerreStar, Thuraya, Nice Trip, and SPOT Global Phone.

07-09-2019 04:00 PM CET | Industry, Real Estate & Construction

Press release from: Coherent Market Insights

Satellite Telephones Market

Satellite Telephones Market

Satellite telephones or Satphones, provide telecommunication connectivity through orbiting satellites, instead of conventional terrestrial cellular networks. These phones are similar to conventional phones, with the added advantage of providing uninterrupted connectivity in remote locations and in sensitive areas, where all forms of communication are subjected to censorship.

Download PDF Brochure of Research Report: https://www.coherentmarketinsights.com/insight/request-pdf/635

Strong network infrastructure in mission critical applications is the prominent factor driving growth of the satellite telephones market

According to New England Journal of Medicine’s Report, incidences of natural disasters have witnessed steady increase, with the global climate change, since the 1970s. These climate related calamities such as floods, storm surge, coastal flooding, tropical cyclones, and cold/heat waves apart from causing large-scale destruction, these disrupt and conventional land-based cellular networks. Growing concerns regarding these inadvertent incidences, and the necessity of preparedness in case of emergencies is expected fuel growth of the satellite telephones market.
Growing defense expenditure will provide solid growth platform to the satellite telephones market over the forecast period

U.S. is expected to remain the most potential region for growth prospects, owing to it being the largest spender on defense. Moreover, commercial applications in the region have witnessed significant increase owing to increasing tourism to foreign remote locations in South America, Asia and Africa. Choices of prepaid and postpaid options, no roaming costs and internet enabled devices will propel the commercial consumer inclination towards these satphones market

Key industry participants include Inmarsat, Iridium, Globalstar, TerreStar, Thuraya, Nice Trip, and SPOT Global Phone. Leading market participants are adopting off the shelf marketing strategies in order to obtain competitive edge.

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Satellite Telephones Market Taxonomy

On the basis of type of product, the global satellite telephones market is classified into:
• Geosynchronous
• Low-Earth Orbit

On the basis of application, the global satellite telephones market is classified into:
• Defense
• Maritime
• Aviation
• Energy
• Others (Public safety agencies, disaster management, and tourism)

Contact Us:
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Coherent Market Insights
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#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com

About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

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