Global Satellite Modem Market Trends and Growth Opportunities to 2026: Rising Adoption in the APAC Region to Generate Untapped Opportunities - ResearchAndMarkets.com
Global Satellite Modem Market Trends and Growth Opportunities to 2026: Rising Adoption in the APAC Region to Generate Untapped Opportunities - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--The "Global Satellite Modem Market (2021-2026) by Channel Type, Data Rate, Application, End-User Industry, Technology, Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering.
The Global Satellite Modem Market was estimated to be USD 516 million in 2021 and is expected to reach USD 723 million by 2026, growing at a CAGR of 7%.
The growing need for high-data-rate and high-bandwidth applications such as mobile and backhaul and offshore communication have fueled the worldwide satellite modem industry. Rising-speed data rate satellite modems are required to keep up with the high demand for data while managing operational costs. The market is predicted to expand as demand for solutions to help with vehicle tracking, asset monitoring, and fleet management grows.
Furthermore, the increased need for on-the-go communications at high data rates from the commercial and military sectors is driving the market for high-data-rate satellite modems. However, a few factors are preventing the industry from reaching its full potential, including the expensive cost of devices and complex infrastructure. Rising adoption in the APAC region is expected to generate untapped opportunities for market participants.
Market Segmentation
- The Global Satellite Modem Market is segmented further based on Channel Type, Data Rate, Application, End-User Industry, Technology, and Geography.
- By Channel Type, the market is classified into SCPC Satellite Modem and MCPC Satellite Modem.
- By Data Rate, the market is classified as High-Speed Data Rate Satellite Modem, Mid-Range Data-rate Satellite Modem, and Entry Level Data Rate Satellite Modem.
- By Application, the market is classified as Mobile & Backhaul, IP Trunking, Off-Shore Communication, Tracking & Monitoring, Enterprise & Broadband, In-Flight Connectivity, and Media & Broadcast.
- By End-User Industry, the market is classified as Energy & Utilities, Mining, Telecommunications, Marine, Military & Defense, Transport & logistics, and Oil & Gas.
- By Technology, the market is classified as VSAT, SATCOM On The Move, SATCOM On The Pause, Satellite Telemetry, and SATCOM Automatic Identification System.
- By Geography, America is projected to lead the market.
The report includes a Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.
Report Highlights:
- A complete analysis of the market, including parent industry
- Important market dynamics and trends
- Market segmentation
- Historical, current, and projected size of the market based on value and volume
- Market shares and strategies of key players
- Recommendations to companies for strengthening their foothold in the market
Key Topics Covered:
1 Report Description
2 Research Methodology
3 Executive Summary
4 Market Influencers
4.1 Drivers
4.1.1 Increases in Need of the Satellite Link Performance
4.1.2 Growing Demand for IoT
4.2 Restraints
4.2.1 Complex Infrastructure
4.2.2 High Cost of the Devices
4.3 Opportunities
4.3.1 Increasing Investments in Technologies and SaT5G Approach
4.3.2 Rising Adoption in Emerging Economies
4.4 Challenges
4.4.1 Lack of International Regulations
5 Market Analysis
5.1 Regulatory Scenario
5.2 Porter's Five Forces Analysis
5.3 Impact of COVID-19
5.4 Ansoff Matrix Analysis
6 Global Satellite Modem Market, By Channel Type
6.1 Introduction
6.2 SCPC Satellite Modem
6.3 MCPC Satellite Modem
7 Global Satellite Modem Market, By Data Rate
7.1 Introduction
7.2 High-Speed Data Rate Satellite Modem
7.3 Mid-Range Data Rate Satellite Modem
7.4 Entry-Level Data Rate Satellite Modem
8 Global Satellite Modem Market, By Application
8.1 Introduction
8.2 Mobile & Backhaul
8.3 IP Trunking
8.4 Offshore Communication
8.5 Tracking & Monitoring
8.6 Enterprise & Broadband
8.7 In-Flight Connectivity
8.8 Media & Broadcast
9 Global Satellite Modem Market, By End User Industry
9.1 Introduction
9.2 Energy & Utilities
9.3 Mining
9.4 Telecommunications
9.5 Marine
9.6 Military & Defense
9.7 Transportation & Logistics
9.8 Oil & Gas
10 Global Satellite Modem Market, By Technology
10.1 Introduction
10.2 VSAT
10.3 Satcom On-The-Move (SOTM)
10.4 Satcom On-The-Pause (SOTP)
10.5 Satellite Telemetry
10.6 Satcom Automatic Identification System (AIS)
11 Global Satellite Modem Market, By Geography
12 Competitive Landscape
13 Company Profiles
- Aselsan
- AYECKA Communication Systems
- Comtech Telecommunications
- Datum Systems
- Dish Network
- Enensys Technologies
- Flightcell International
- Gilat Satellite Networks
- Hughes Network Systems
- Kratos Defense & Security Solutions
- Nal Research
- Novelsat
- Orbcomm
- Satixfy
- Singapore Technologies Engineering
- Swarm Technologies
- Teledyne Technologies
- Thiss Technologies
- TXMission
- ViaSat
- Work Microwave
For more information about this report visit https://www.researchandmarkets.com/r/5350rb
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