Market Overview:
The Global Space Mobile Service Market is expected to grow at a CAGR of XX% and is projected to reach a market size of USD XX million by 2030. The market growth can be attributed to the increasing demand for satellite phones, standard mobile phones&IoT devices., and rising applications in scientific expedition team, rescue team, and enterprise segments. However, the high cost associated with space mobile service may restrain the market growth during the forecast period. Based on type, the global space mobile service market is segmented into satellite phone, standard mobile phone&IoT devices. The satellite phone segment dominated the global space mobile service market in 2017 and is projected to maintain its dominance during the forecast period. This can be attributed to its advantages such as wide coverage area and uninterrupted communication even in remote areas. Based on application,the global space mobile servicemarketis divided intoscientific expedition team,rescue teamandenterprise segments.
Product Definition:
Space Mobile Service is a type of mobile service that enables users to make and receive calls, send and receive text messages, access the internet and use other mobile services while travelling in outer space. The importance of Space Mobile Service is that it allows people to communicate with others while travelling in outer space.
Satellite Phone:
Satellite phone is a mobile communications device that uses radio waves to communicate with the earth. It is mainly used for communication purposes in space and outer space. The main function of these phones is to provide telephonic communication facility between people and their relatives at home or on Earth, using satellite signals, as the signal received from ground stations are weak in some areas.
Standard Mobile Phones&IoT devices.:
Mobile devices have become an essential part of everyday life. With the growing demand for mobility, service providers are looking to provide cost-effective and innovative ways to meet consumer needs. The introduction of smart devices with unique capabilities is expected to drive growth in the space mobile services market over the forecast period.
The global standard mobile phones and IoT devices market was valued at USD 1,337 billion in 2015.
Application Insights:
The enterprise segment dominated the global market in 2017. The growth can be attributed to the increasing demand for communication services and devices among businesspersons, especially in developed economies such as North America and Europe. In addition, a growing number of MNCs across developing countries is also expected to contribute towards the growth of this segment over the forecast period.
The rescue team application is projected to witness significant growth over the forecast period owing to its rising adoption by governments worldwide for search & rescue operations at Mount Everest base camp, icefall expeditions on glaciers and other high altitude climbing expeditions where satellite phones are required for safety purposes. Moreover, standard mobile phones with enhanced capabilities are also used by rescue teams along with drones equipped with standard mobile phone applications that enable users send text messages while flying which further contributes towards market growth.
Regional Analysis:
The market in North America is expected to grow at a significant rate over the forecast period. The growth can be attributed to increasing government initiatives and investments for enhancing communication infrastructure, especially in rural areas. For instance, according to the National Association of Telecommunications Officers (NATO), from 2010 to 2015, there was a funding increase of 46% for satellite communications programs. Moreover, growing demand for mobile data services is also anticipated to drive regional market growth over the forecast period.
Asia Pacific region accounted for more than 35% revenue share in 2017 owing its large population base and rapid technological advancements such as 4G/LTE network deployment across countries such as India and China are anticipated boost regional demand over the next eight years (2030). Furthermore, increasing number of IoT devices coupled with rising adoption of wearable technologies will further propel industry expansion across this region during the same period (2030).
Growth Factors:
- Increasing demand for mobile services and applications in space
- Proliferation of small satellites and CubeSats that can be used for providing mobile services
- Development of new technologies that can improve the quality and coverage of mobile services in space
- Growing number of companies entering the Space Mobile Service market
- Increasing investments in research and development to develop new technologies for Space Mobile Service
Scope Of The Report
Report Attributes
Report Details
Report Title
Space Mobile Service Market Research Report
By Type
Satellite Phone, Standard Mobile Phones&IoT devices.
By Application
Scientific Expedition Team, Rescue Team, Enterprise
By Companies
AST SpaceMobile, Inmarsat, Globalstar, ORBCOMM, Thuraya Telecommunications Co., Iridium Communications., China Telecommunications Corporation
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
218
Number of Tables & Figures
153
Customization Available
Yes, the report can be customized as per your need.
Global Space Mobile Service Market Report Segments:
The global Space Mobile Service market is segmented on the basis of:
Types
Satellite Phone, Standard Mobile Phones&IoT devices.
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Scientific Expedition Team, Rescue Team, Enterprise
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- AST SpaceMobile
- Inmarsat
- Globalstar
- ORBCOMM
- Thuraya Telecommunications Co.
- Iridium Communications.
- China Telecommunications Corporation
Highlights of The Space Mobile Service Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Satellite Phone
- Standard Mobile Phones&IoT devices.
- By Application:
- Scientific Expedition Team
- Rescue Team
- Enterprise
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Space Mobile Service Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Space Mobile Service is a telecommunications service that provides voice and data services to spacecraft in orbit. It enables operators to provide reliable, high-quality communications for their customers, regardless of location or time of day.
Some of the major players in the space mobile service market are AST SpaceMobile, Inmarsat, Globalstar, ORBCOMM, Thuraya Telecommunications Co., Iridium Communications., China Telecommunications Corporation.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Space Mobile Service Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Space Mobile Service Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Space Mobile Service Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Space Mobile Service Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Space Mobile Service Market Size & Forecast, 2020-2028
4.5.1 Space Mobile Service Market Size and Y-o-Y Growth
4.5.2 Space Mobile Service Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Satellite Phone
5.2.2 Standard Mobile Phones&IoT devices.
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Scientific Expedition Team
6.2.2 Rescue Team
6.2.3 Enterprise
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Space Mobile Service Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Space Mobile Service Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Satellite Phone
9.6.2 Standard Mobile Phones&IoT devices.
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Scientific Expedition Team
9.10.2 Rescue Team
9.10.3 Enterprise
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Satellite Phone
10.6.2 Standard Mobile Phones&IoT devices.
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Scientific Expedition Team
10.10.2 Rescue Team
10.10.3 Enterprise
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Satellite Phone
11.6.2 Standard Mobile Phones&IoT devices.
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Scientific Expedition Team
11.10.2 Rescue Team
11.10.3 Enterprise
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Satellite Phone
12.6.2 Standard Mobile Phones&IoT devices.
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Scientific Expedition Team
12.10.2 Rescue Team
12.10.3 Enterprise
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Satellite Phone
13.6.2 Standard Mobile Phones&IoT devices.
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Scientific Expedition Team
13.10.2 Rescue Team
13.10.3 Enterprise
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Space Mobile Service Market: Competitive Dashboard
14.2 Global Space Mobile Service Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 AST SpaceMobile
14.3.2 Inmarsat
14.3.3 Globalstar
14.3.4 ORBCOMM
14.3.5 Thuraya Telecommunications Co.
14.3.6 Iridium Communications.
14.3.7 China Telecommunications Corporation
