The global satellite modem market size was valued at US$20 Mn in 2019 and is expected to reach US$20 million by 2027, representing a 20% CAGR over the forecast period.
The growing popularity of the internet and digital communications is helping this market grow. Satellite modem companies are focused on providing better solutions to remain competitive in the marketplace. The increasing popularity of the Internet, high-speed data transmission and global transmission are expected factors to drive this market, while high deployment costs are the main limiting factors.
A full report of Global Satellite Modem Market available at: https://www.orionmarketreports.com/satellite-modem-market/48373/
Satellite Modem Market Segmentations
By Channel Type:
• Single Channel Per Carrier (SCPC) Modems
• Multiple Channel Per Carrier (MCPC) Modems
By Data Rate:
• High-Speed Data Rate Modems
• Mid-Range Data Rate Modems
• Entry-Level Data Rate Modems
By Application:
• Mobile & Backhaul
• IP Trunking
• Offshore Communication
• Tracking & Monitoring
• Others
By End User:
• Energy & Utilities
• Mining
• Telecommunication
• Marine
• Military & Defense
• Transportation & Logistics
• Oil & Gas
• Other
By Region:
• North America
• Asia Pacific (APAC)
• Europe
• Rest of The World (Row)
Key Market Players Profiled in The Report
• Newtec
• Iridium Communications Inc.
• C-DOT
• Thuraya Telecommunications Company.
• VT iDirect, Inc.
• Singapore Technologies Engineering Ltd.
• ViaSat Inc.
• Teledyne Paradise Datacom
• Hughes Network Systems LLC
• Comtech EF Data Corporation
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(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
