Satellite Modem Market

The global Satellite Modem market was valued at 23.14 Million USD in 2021 and will grow with a CAGR of 6.33% from 2021 to 2027, based on Research newly published report.
The prime objective of Satellite Modem Market is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, Satellite Modem Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
A satellite modem (also known as a sat modem) is used to establish data transfers with the use of communications satellite as a relay device. A satellite modem is primarily used to transform an input bitstream to a radio signal and vice versa.In terms of end users, the market for military & defense is expected to grow at the highest rate during the forecast period. In the military & defense industry, reliable, secure, and uninterrupted communication is crucial irrespective of the location and weather condition. For this, satellite connectivity with the help of modems is the ideal solution. Furthermore, satellite modems also help in providing secure communication by following the encryption technology, which would make modem perfectly suitable for military & defense purposes. The US is at the forefront of adopting and installing the satellite communication network for all these industries. The satellite modem market in APAC is likely to grow at a high rate between 2018 and 2023. The increasing telecom connectivity within the region drives the demand for mobile and backhaul, and satellite-based backhaul. Also, with the growing Long-Term Evolution (LTE) technology in Asian countries and the growth of broadband services in rural areas, there would be a strong demand for satellite services in the region not only for coverage but also for acquiring new customers. Thus, the growth of satellite-based backhauling and 4G rollout offers a major opportunity for the satellite modem market in APAC.
By Market Verdors:

• ORBCOMM
• ViaSat
• Gilat Satellite Networks
• Novelsat
• Comtech EF Data
• Newtec
• Datum Systems
• Teledyne Paradise Datacom
• Hughes Network Systems
• Advantech Wireless
• WORK Microwave
• Ayecka Communication Systems
• Amplus Communication

By Types:

• Single Channel Per Carrier (SCPC) Modems
• Multiple Channel Per Carrier (MCPC) Modems
• High-Speed Data Rate Modems
• Mid-Range Data Rate Modems
• Entry-Level Data Rate Modems

By Applications:

• Energy & Utilities
• Mining
• Telecommunication
• Marine
• Military & Defense
• Transportation & Logistics
• Oil & Gas

Key Indicators Analysed

• Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market?s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
• Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
• Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
• Opportunities and Drivers: Identifying the Growing Demands and New Technology
• Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Reasons to Purchase

• To gain insightful analyses of the market and have comprehensive understanding of the global market and its commercial landscape.
• Assess the production processes, major issues, and solutions to mitigate the development risk.
• To understand the most affecting driving and restraining forces in the market and its impact in the global market.
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• To understand the future outlook and prospects for the market.
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