Satellite Handheld Market Peaked, Can Have Long Tail, NSR Says
The handheld satellite phone business will continue to slide due to more terrestrial connectivity, alternatives and more versatile devices, with revenue dropping from $405 million annually today to $357 million by 2027, Northern Sky Research analyst Alan Crisp blogged Wednesday. The industry can still have a future by integrating with terrestrial networks and more retail-focused business models, he said.