Press release
THE GLOBAL SATELLITE MODEM MARKET WAS VALUED AT USD 288.37 MILLION IN 2016 AND IS PROJECTED TO REACH USD 487.61 MILLION BY 2025, GROWING AT A CAGR OF 6.01% FROM 2017 TO 2025 TOP KEY PLAYERS ARE ORBCOMM INC. ,DATUM SYSTEMS, VIASAT INC. , ADVANTECH WIRELESS
By End User (Transportation & Logistics, Oil & Gas, Energy & Utilities, Marine, Military & Defense, Mining, Telecommunication), Data Rate (Entry-Level Data Rate Modems, Mid-Range Data Rate Modems, High-Speed Data Rate Modems), Channel Type (Single Channel Per Carrier Modems, Multiple Channel Per Carrier Modems), Application (Offshore Communication, Tracking & Monitoring, Mobile & Backhaul, IP Trunking), and Regional Market Size, Status and Forecast to 2025 The Global Satellite Modem Market was valued at USD 288.37 million in 2016 and is projected to reach USD 487.61 million by 2025, growing at a CAGR of 6.01% from 2017 to 2025. A Satellite Modem is a modem used to establish data transfers using a communications satellite as a relay. A satellite modem's main function is to transform an input bitstream to a radio signal and vice versa. Benefits of satellite modem includes - available virtually everywhere, faster than dial-up, can overcome physical barriers, always-on connection, easy to use, global coverage, use multiple devices, high speed, reliability and availability, and is best for isolated areas without any infrastructure.Request For Free Sample- https://www.kennethresearch.com/sample-request-10059738
Sample Infographics:
Market Dynamics:
1. Market Drivers
1.1 Conjunction of satellite and mobile technologies
1.2 Increasing demand for satellite communication for various verticals
1.3 Growing need for high speed data communication
1.4 Rising innovation by satellite modem manufacturers
2. Market Restraints
2.1 Increasing demand for high bandwidth application
2.2 Poor international regulations on common protocols and communication standards for satellite modems
Market Segmentation:
The Global Satellite Modem Market is segmented on the end user, data rate, channel type, application, and region.
1. End User:
1.1 Transportation & Logistics
1.2 Oil & Gas
1.3 Energy & Utilities
1.4 Marine
1.5 Military & Defense
1.6 Mining
1.7 Telecommunication
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2. By Data Rate:
2.1 Entry-Level Data Rate Modems
2.2 Mid-Range Data Rate Modems
2.3 High-Speed Data Rate Modems
3. By Channel Type:
3.1 Single Channel Per Carrier Modems
3.2 Multiple Channel Per Carrier Modems
4. By Application:
4.1 Offshore Communication
4.2 Tracking & Monitoring
4.3 Mobile & Backhaul
4.4 IP Trunking
4.5 Others
5. By Region:
5.1 North America (U.S., Canada, Mexico)
5.2 Europe (Germany, UK, France, Rest of Europe)
5.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
5.4 Latin America (Brazil, Argentina, Rest of Latin America)
5.5 Middle East & Africa
Competitive Landscape:
The major players in the market are as follows:
1. Gilat Satellite Networks Ltd.
2. Novelsat
3. Newtec Cy N.V.
4. Comtech EF Data Corporation
5. WORK Microwave GmbH
6. ORBCOMM INC.
7. Datum Systems
8. ViaSat Inc.
9. Advantech Wireless
10. Teledyne Paradise Datacom
11. Amplus Communication Pte Ltd
12. Ayecka Communication Systems, Ltd.
13. Hughes Network Systems, LLC
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
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About Kenneth Research
Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation
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