A device used to transmit and receive signals from a satellite transponder. For transmission, it modulates digital data signals from a multiplexing device into a carrier frequency for delivery to an upconverter, amplifier and antenna. For receiving, it converts the frequencies from the downconverter into digital pulses for the multiplexor.
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Global Satellite Modem Market is estimated to raise in 2022. Promising forecasts of high Compound Annual Growth Rates (CAGR) pushes the market aloft in the latest surveys.
It compiles exhaustive information sourced via proven research methodologies.
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The information of the Satellite Modem market is accessible in a logical chapter-wise format. It is also interspersed with relevant graphs and tables to enable readers to get a better perspective of the Satellite Modem market.
The global Satellite Modem witnessed a lucrative growth in 2017 and is estimated to grow at a CAGR of over +6% from 2017 to 2022.
The major factors driving the growth of the satellite modem market include continuous innovation by satellite modem manufacturers to ensure the growth of the market, rising need for enriched high-speed data communication, and growing demand for satellite communication from various verticals. However, the lack of international regulations on common protocols and communication standards for satellite modems is the major restraining factor for the growth of the satellite modem market.
Considering the nature of the offshore industry, satellite communications plays a crucial role in ensuring a high level of operational efficiency at offshore exploration and production facilities. This is especially critical in situations where companies are required to expand their exploration and production activities further into remote regions.The telecommunication and oil & gas industries are expected to drive the satellite modem market.
Furthermore, with the growth of the Long-Term Evolution (LTE) technology in Asian countries and the growth of broadband services in rural areas, satellite services would have a high demand in the region not only for coverage but also for the acquisition of new customers. Hence, the growth of satellite-based backhauling and 4G rollout would create major opportunities for the satellite modem market.
Satellite Modem Market analysis based on leading market: ORBCOMM INC, ViaSat Inc, Gilat Satellite Networks Ltd., Novelsat , Comtech EF Data Corporation , Newtec Cy N.V., Datum Systems , Teledyne Paradise Datacom , Hughes Network Systems, LLC, Advantech Wireless , WORK Microwave GmbH , Ayecka Communication Systems, Ltd., Amplus Communication Pte Ltd
The report describes a thorough summary of the global Satellite Modem market and scrutinizes the key micro- and macro-economic factors affecting the growth of the market. The report additionally projects the size and valuation of the global Satellite Modem market in the upcoming years.
The market has been considered in terms of product types and applications. It thus makes for a resourceful data repository that can help decision-makers devise the most effective business strategies.
For technical data and manufacturing plants analysis, the report analyzes leading suppliers on capacity, commercial production date, manufacturing plants distribution, R&D Status, technology sources, and raw materials sources. In this report, applications, delivery mode, region, technology, service type, solutions, and company size is explained in detail for better understanding of this market.
The use of position awareness technologies is also increasingly being used in in this market. Hence, due to the immense boost demand for this market.
High demand is likely to remain a key driver for the Satellite Modem market in during the forecast period is given.
In the end, the report includes Satellite Modem new project SWOT analysis, investment feasibility analysis, investment return analysis, and development analysis. The report also presents a round-up of vulnerabilities which companies operating in the market must avoid in order to enjoy sustainable growth through the course of the forecast period.
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