Hybrid-Satellite Cellular Terminal Market to Reach $6.9 B by 2031

The Hybrid-Satellite Cellular Terminal Market is projected to reach nearly $7 billion by 2031, according to a market intelligence study from ASDReports. The study suggests that the market grow at a CAGR 22.81 percent during the forecast period.

“The market potential of hybrid-satellite cellular terminals for land, maritime and aeronautical platform is expected to reach new heights. This is due to the emergence of new companies which are increasingly investing in the development of mobile satellite terminals for various end users."

Lead analyst Nilopal Ojha.

A hybrid-satellite cellular system is a combination of both satellite and cellular networks where satellite and cellular components are interconnected but running independently. In such a scenario, the cellular and satellite have a separate system and might not have the same frequency band.

“The market potential of hybrid-satellite cellular terminals for land, maritime and aeronautical platform is expected to reach new heights. This is due to the emergence of new companies which are increasingly investing in the development of mobile satellite terminals for various end users," said lead analyst Nilopal Ojha. "Furthermore, the hybrid-satellite cellular terminal is required technology for next-generation communications infrastructure. Hence, the market is expected to grow significantly during the forecast period 2021-2031.”

Key companies operating in the market Cubic Telecom, Comtech Telecommunication Corp, Eutelsat, EchoStar Corporation, Inmarsat (Connect Bidco Ltd.), IP Access International, JT Group Limited, Kymeta Corporation, OQ Technology, Orbocomm, ST Microelectronics

Players analyzed and profiled in the study involve original equipment manufacturers (OEMs) and service providers that capture a maximum share in the global hybrid-satellite cellular terminal market. Moreover, a detailed competitive benchmarking of the players operating in the global hybrid-satellite cellular terminal market has been done that will help the reader to understand how players stack against each other, presenting a clear market landscape.

Additionally, comprehensive competitive strategies such as partnerships, agreements and collaborations, and new product launches are expected to aid the reader in understanding the untapped revenue pockets in the market.

The report segments the market based on end user, including oil and gas, mining, media and entertainment, defense and government, aviation, enterprise, naval, automotive, logistics and transportation. The government and defense end user segment is estimated to dominate the global hybrid-satellite cellular terminal market due to the growing need for high-speed communication to emergency responders and different armored vehicles.

Land is the most prominent platform contributing toward the growth of the market. This is due to the increasing number of the hybrid-satellite cellular terminals for end-users such as oil and gas, mining, defense and government, automotive, and logistics and transportation.

North America is expected to account for the highest share of the market.

(Image provided with ASDReports news release)