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- 1. The Satellite Navigation System Market is predicted to be worth $75.5 billion by 2028
- 2. 60% of employees believe GPS tracking improves safety, efficiency and accountability
- 3. Satellites helped save 397 lives in 2022
- 4. Satellite GPS trackers can alert search and rescue within five minutes of raising an alarm
- 5. There are 9000 active satellites orbiting the Earth
1. The Satellite Navigation System Market is predicted to be worth $75.5 billion by 2028
If you’re not already using satellite tracking to keep your remote workers safe, the chances are you will be soon. According to a report by MarketsandMarkets, the current Satellite Navigation System Market is estimated to be worth an incredible $61.1 billion, and is projected to reach $75.5 billion by 2028. The rising demand for accurate location-based services, and the integration of satellite tracking into various industries, are major drivers of this growth.
2. 60% of employees believe GPS tracking improves safety, efficiency and accountability
While some employers and employees are sceptical about using GPS in the workplace, when used strategically – and legally – GPS tracking devices can have many benefits. According to research, 60% of employees who have used GPS tracking in the workplace believe it improves safety, efficiency and accountability. In fact, one in two employees believe it builds trust in the workplace.
3. Satellites helped save 397 lives in 2022
Satellite tracking is a life saver. NOAA satellites, which are crucial in weather and climate forecasts, helped rescue 397 people from potentially life-threatening situations last year. Since its launch in the early 80s, COSPAS-SARSAT, a satellite-based monitoring system that detects and locates emergency beacons, has been credited with supporting more than 50,000 search and rescues worldwide.
4. Satellite GPS trackers can alert search and rescue within five minutes of raising an alarm
Speaking of search and rescue, the use of satellite trackers has significantly improved the speed of search and rescue operations worldwide. If you are using a personal locator beacon (PLB) equipped with GPS tracking, the average notification time to reach search and rescue is just 5 minutes.
5. There are 9000 active satellites orbiting the Earth
The number of satellites is growing at an incredible pace. As of 2023, there is an estimated 9,000 active satellites orbiting the Earth. This number is expected to increase to 60,000 by 2030.
Bonus fun fact; active satellites are not the only objects orbiting the Earth. There are also over 100 trillion untracked pieces of old satellites circling the planet – scientists call this debris ‘space junk’.
Using a satellite tracker can help to better protect your remote workers. The StaySafe satellite solution gives your employees a quick and easy way to signal for help in an emergency and receive help to their exact location – no matter where they are in the world. Find out more about how StaySafe can keep your hard-to-reach staff safe.
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