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The satellite modem market is forecasted to grow by USD 147.3 million during 2023-2028, accelerating at a CAGR of 6.81% during the forecast period. The report on the satellite modem market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing need to enhance offshore communication, growing need for satellite systems in 5G ecosystem, and rising demand for internet connectivity in rural areas.
The satellite modem market is segmented as below:
By Application
- Communications
- IP trucking
- Tracking and monitoring
By Type
- MCPC
- SCPC
By Geography
- North America
- APAC
- Europe
- South America
- Middle East and Africa
The report on the satellite modem market covers the following areas:
- Satellite modem market sizing
- Satellite modem market forecast
- Satellite modem market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
360 degree market analysis
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global satellite modem market: Amplus Communication Pte Ltd., Applied Satellite Technology Ltd., AYECKa Ltd., Baylin Technologies Inc, Comtech, Datum Systems Inc, EchoStar Corp., Gilat Satellite Networks Ltd., Iridium Communications Inc., NovelSat, ORBCOMM Inc., SATCOM Services Corp., SatExpander, Singapore Technologies Engineering Ltd., skyDSL Global GmbH, Teledyne Technologies Inc., THISS Technologies Pte Ltd., Thuraya Telecommunications Co., Viasat Inc., and WORK Microwave GmbH.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is high preference for MEO and LEO over GEO satellites."
According to the report, one of the major drivers for this market is the increasing need to enhance offshore communication.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Amplus Communication Pte Ltd.
- Applied Satellite Technology Ltd.
- AYECKa Ltd.
- Baylin Technologies Inc
- Comtech
- Datum Systems Inc
- EchoStar Corp.
- Gilat Satellite Networks Ltd.
- Iridium Communications Inc.
- NovelSat
- ORBCOMM Inc.
- SATCOM Services Corp.
- SatExpander
- Singapore Technologies Engineering Ltd.
- skyDSL Global GmbH
- Teledyne Technologies Inc.
- THISS Technologies Pte Ltd.
- Thuraya Telecommunications Co.
- Viasat Inc.
- WORK Microwave GmbH
