Press release
Satellite Modem Market is Projected to Reach USD 998.05 Billion by 2030: Cognitive Market Research
Satellite Modem Market is Projected to Reach USD 998.05 Billion by 2030: Cognitive Market Research
What is Satellite Modem?
The satellite modem market refers to the global market for devices that enable communication between a satellite and a ground station or other satellite communication systems. Satellite modems are used in various applications such as military & defense, government, enterprise, maritime, aviation, transportation, and others. These modems provide high-speed data transmission, voice, and video communication services in remote and isolated areas, where terrestrial communication is not feasible. The satellite modem market includes both hardware and software components and is a crucial element of the satellite communication industry.
Summary:
As per the study of CMR, the Global Satellite Modem Market size was valued at USD 403.15 Billion in 2022 and will reach USD 998.05 Billion by 2030 and is expected to grow at a CAGR of 12.1% during the forecast period (2023-2030).
To know more about The Satellite Modem Market statistics click here: https://www.cognitivemarketresearch.com/satellite-modem-market-report
Market Dynamics:
Satellite Modem Market Drivers:
Increasing demand for high-speed data transmission with the proliferation of digital devices and the growing need for real-time data transmission, there is a significant demand for high-speed satellite communication systems. Satellite modems provide high-speed data transmission capabilities, which is driving the growth of the market.
Growing need for remote connectivity with the increasing demand for connectivity in remote and isolated areas, satellite communication systems are becoming more popular. Satellite modems provide reliable communication services in these areas, which is boosting the growth of the market.
Satellite Modem Market Opportunities:
Advancements in technology the satellite modem market is witnessing significant technological advancements, such as the development of high-throughput satellite (HTS) technology, which provides higher data rates and greater efficiency. These advancements are expected to increase the demand for satellite modems and will further create significant opportunities for the market.
Satellite Modem Market Restraints:
Satellite communication has limited coverage compared to terrestrial communication. This limitation restricts the use of satellite modems to specific applications, such as remote locations or maritime and aviation industries. This may act as a hampering factor for the market growth.
Market Segmentation:
Channel Type:
• SCPC Modem
• MCPC Modem
Based on channel type, the MCPC Modem segment has the largest revenue share in the satellite modem market. This market's expansion can be due to the unparalleled channel efficiency that these modems provide, which is a prerequisite for high-data-traffic applications including mobile communication, the internet, and broadband services. IP networks can be combined with MCPC satellite modems to provide seamless phone, video, and data traffic connections. Because of its high data rate capacity over satellite technology, MCPC modem technology enables broadband internet services for enterprise networks.
Data Rate:
• High Speed
• Mid Range
• Entry Level
Application:
• Mobile & Backhaul
• IP Trunking
• Offshore Communication
• Tracking & Monitoring
• Enterprise & Broadband
• In-flight Connectivity
• Media & Broadcast
• Others
End-Use:
• Energy & Utilities
• Mining
• Telecommunications
• Marine
• Military & Defense
• Transportation & Logistics
• Oil & Gas
• Others
Technology:
• VSAT
• Satcom-on-the-Move
• Satcom-on-the-Pause
• Satellite Telemetry
• Satcom Automatic Identification System (AIS)
Competitive Analysis of the Satellite Modem Market: ORBCOMM , ViaSat , Gilat Satellite Networks , Novelsat , Comtech EF Data , Newtec , Datum Systems , Teledyne Paradise Datacom , Hughes Network Systems , Advantech Wireless , WORK Microwave , Ayecka Communication Systems , Amplus Communication
Get free sample pages of the latest published Satellite Modem Market Report: https://www.cognitivemarketresearch.com/satellite-modem-market-report#request_sample
Regional Analysis:
Asia Pacific accounted for the largest share of the satellite modem market
Europe has the largest revenue share in the satellite modem market. From 2020 to 2025, the satellite modem market in APAC is anticipated to develop at the fastest CAGR. The rising need for metals like steel for sophisticated industrial applications will fuel this industry. It is anticipated that the market in APAC will be led by China, Japan, South Korea, and India. It is still expected that China would continue to dominate the satellite modem market for the entire projection period. Government backing for steel production and investments in expanding the glass industry are both expected to create enormous prospects for the APAC market.
Browse Here For Full TOC:
Table of Content (Revenue USD Edition), (Enquire about Volume/Consumption Edition Data)
Chapter 1 Industrial Insight and Market Scope
• 1.1 Global Satellite Modem Industry Introduction
• 1.2 Objectives of the Study
• 1.3 USP of the Report
• 1.4 Who is this report for?
• 1.5 Designing of Market Scope
1.5.1 Satellite Modem Market Segmentation
1.5.1 Satellite Modem Market Regional Fragmentation
1.5.1 Satellite Modem Market Players
• 1.6 Report Duration
• 1.7 List of Stakeholders
Chapter 2 Research MethodologyReview Complete Research Methodology
Chapter 3 Executive Summary of Satellite Modem Market
• 3.1 Global Satellite Modem Market Size 2018 - 2030, (USD Million)
• 3.2 Global Satellite Modem Value, Absolute & Opportunity Analysis
• 3.3 Global Satellite Modem Market Y-o-Y Growth Rate Projection by Region (2023 - 2030)
• 3.4 Global Satellite Modem Market Statistics 2022: Snapshot
Chapter 4 Global Satellite Modem Market Overview
Chapter 5 Competitive Analysis (Subject to Availability)
Chapter 6 Environmental, Social, and Governance (ESG) Analysis
Chapter 7 Qualitative Analysis
Chapter 8 Company Profiling (Subject to Availability)
Chapter 9 Global Satellite Modem Market by Channel Type Segmentation Analysis (2018-2030)
Chapter 10 Global Satellite Modem Market by Application Segmentation Analysis (2018-2030)
Chapter 11 Global Satellite Modem Market by Data Rate Segmentation Analysis (2018-2030)
Chapter 12 Global Satellite Modem Market by End-Use Segmentation Analysis (2018-2030)
Chapter 13 Global Satellite Modem Market by Technology Segmentation Analysis (2018-2030)
Chapter 14 Global Satellite Modem Market Regional Analysis
Chapter 15 North America Satellite Modem Market Outlook (2018 - 2030)
Chapter 16 Europe Satellite Modem Market Outlook (2018 - 2030)
Chapter 17 Asia Pacific Satellite Modem Market Outlook (2018 - 2030)
Chapter 18 Latin America Satellite Modem Market Outlook (2018 - 2030)
Chapter 19 Middle East and Africa Satellite Modem Market Outlook (2018 - 2030)
Chapter 20 Research Findings
Customize the Report Edition (Is applicable, On Request, Subject to Data Available, At an Additional Cost)
To know more about The Satellite Modem Market TOC click here: https://www.cognitivemarketresearch.com/satellite-modem-market-report#table_of_contents
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• UAV Battery Market- https://www.cognitivemarketresearch.com/uav-battery-market-report
• Satellite Broadband Market- https://www.cognitivemarketresearch.com/satellite-broadband-market-report
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• How the Internet of Things is Changing Market Research: Cognitive Market Research- https://www.cognitivemarketresearch.com/blog/how-the-internet-of-things-is-changing-market-research
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• Which Factors Drives the High temperature 3D Printing Plastics Market- https://www.cognitivemarketresearch.com/articles/which-factors-drives-the-high-temperature-3d-printing-plastics-market
𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
Nicolas Shaw
Cognitive Market Research
20 N State Street,Chicago,
Illinois, 60602
United States
USA: +1 312-376-8303
Europe and UK: (+44) 20-8144-9523
Asia Pacific: (+852) 81930785
Email: sales@cognitivemarketresearch.com
Website: https://www.cognitivemarketresearch.com/about-us
About Cognitive Market Research Company :
Cognitive Market Research has evolved as one leading market research and consulting firm and it provides services across multiple domains. Cognitive Market Research gathers and analyzes data about customers, competitors, distributors, and other market actors and forces operational across the value chain. As a market research company, we follow a complete process of gathering information about the target market and end-use industries to verify the complete journey of the product or service in the global market. It helps our readers understand the demand and viability of their product/service and how it might perform in the real world and help them to build business strategies accordingly.
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