The global mobile satellite phone market is projected to have a considerable CAGR during the forecast period. Mobile satellite phones are the most modern technological innovations, capable of operating in the most extreme conditions. These phones connect to communication satellites via a direct signal link and can be used for military purposes such as connecting with troops over vast distances. They've also come in handy during natural disasters like earthquakes, tsunamis, floods, hurricanes, and other natural disasters to guarantee that search and rescue efforts run well. These aspects are predicted to help the market's expansion.

In most parts of the world, satellite mobile phones use satellites to communicate with landlines, cellular phones, and other satellite phones. Responders use satellite mobile phones for emergency communications in remote areas where there are no landline or cellular telephone networks or in areas where existing networks are damaged or overloaded, such as during a natural disaster (e.g., severe weather or earthquake) or a man-made incident, such as a chemical, biological, or radiologic attack.

Furthermore, satellite phones that are as small as regular smartphones have been introduced to the market. In addition, numerous significant players are attempting to improve the phones' functionality. These factors are expected to aid the market's expansion over the forecast period. For instance, in January 2019, Iridium Communications, a global communications pioneer, used the SpaceX Falcon9 rocket to launch over ten satellites. These satellites were then launched into orbit for testing. The satellites are expected to improve global network connectivity even more.

Market Coverage

• The market number available for – 2020-2027
• Base year- 2020
• Forecast period- 2021-2027
• Segments Covered

o By Service

o By Access Type

o By Industrial Vertical

• Regions Covered

o North America

o Europe

o Asia-Pacific

o Rest of the world

• Competitive Landscape: Inmarsat, Iridium Communications Inc., Orbcomm, Echostar Corporation, Intelsat General Corporation, Singtel.

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How has COVID-19 impacted the market?

o Deviation from the pre-COVID-19 forecast

o Most affected region and segment

• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Mobile Satellite Services Market by Segments

By Service 

• Video Service
• Voice Services
• Data Services
• Tracking and Monitoring

By Access Type 

• Land Mobile
• Maritime
• Aeronautical

By Industry Vertical 

• Oil and Gas
• Media and Entertainment
• Mining
• Military and Defence
• Aviation
• Transportation
• Other Industry Verticals

Global Mobile Satellite Services Market by Regions

North America

• United States
• Canada

Europe

• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe 

Asia-Pacific

• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific 

Rest of the World

• Latin America 
• Middle East & Africa