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Satellite Modems Market Statistics and Forecast - 2023 | Leading Industry Players Profiled Newtec, Iridium Communications Inc., C-DOT, Thuraya Telecommunications Company, VT iDirect, Inc., Singapore Technologies Engineering Ltd.

11-26-2018 09:33 PM CET | IT, New Media & Software

Press release from: Allied Market Research

Satellite Modems Market Statistics and Forecast - 2023 | Leading

Satellite modem is an electronic device used to transmit and receive signals from a satellite transponder. These transponders receive signals over a range of uplink frequencies sent from ground stations. The key advantage of using satellite modems is that they provide seamless communication, thereby benefiting various businesses.

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Increase in need for enriched data communication, and rise in the demand for solutions that can help in vehicle tracking, asset monitoring, and fleet management drive the market growth. Moreover, rapid advancements in technology further fuel this growth. However, high cost of these devices restrains the growth. The conjunction of satellite and terrestrial mobile technology presents an opportunity for market expansion.

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The global satellite modems market is segmented on the basis of network device, technology, vertical, and region. Based on network device, it is bifurcated into gateway and satellite IP terminals. The technology segment includes VSAT and satellite telemetry. On the basis of vertical, the market is divided into transportation & logistics, agriculture, oil & gas, and others. Based on region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

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Key players operating in this market are 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, and Comtech EF Data Corporation.

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Allied Market Research (AMR) is a full-service market research and business consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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