What is Satellite Modem?
Satellite Modem is a device which helps in modulation and demodulation of satellite internet signal. Satellite Modems can be found according to different channel types which are primarily SCPC and MCPC. They even offer different technologies as per the band width requirement of the customers, that is they come either with TDMA or Mx-DMA technology equipped. With the Growing demand for high speed, remote internet access, and the innovation in space technology has led to growth of demand for Satellite Modem and related Technology. Although expensive data rates and hindrance from climate remain the major setbacks but with the economies of scale, development in space technology the operational costs are set to come down on the long run. Geographically, United States is the biggest market currently, but Europe and Asia Pacific have huge potential to grow with rising innovations and increasing investments.
The market study is broken down, by Application (IP Trunking, Offshore Communication and Mobile & Backhaul) and major geographies with country level break-up.
NovelSat (Israel), ST Engineering (Singapore), ORBCOMM INC. (United States), ViaSat Inc. (United States), Comtech Telecommunications Corp. (United States), Datum Systems Inc. (United States), WORK Microwave GmbH (Germany), Hughes Network Systems, LLC (United States), Teledyne Paradise Datacom (United Kingdom) and Advantech Wireless (Canada) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Amplus Communication Pte Ltd (Singapore), Ayecka Communication Systems, Ltd (Israel) and Rohde & Schwarz Inradios Gmbh (Germany).
AdvanceMarketAnalytics has segmented the market of Global Satellite Modem market by Type, Application and Region.
On the basis of geography, the market of Satellite Modem has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Bandwidth , the sub-segment i.e. High Demand will boost the Satellite Modem market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Channel Type , the sub-segment i.e. SCPC will boost the Satellite Modem market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Technology , the sub-segment i.e. TDMA will boost the Satellite Modem market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End Use, the sub-segment i.e. BFSI will boost the Satellite Modem market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
In 2019, ST Engineering announced completion of acquisition of Newtec, with prior acquisition of iDirect. The merger of both the subsidiaries will enhance and expand the product offering portfolio of ST Engineering. The merger allows ST Engineering to serve both high and low band customer requirments through the combined expertise of iDirect in TDMA and Newtec in Mx-DMA as well as SCPC.
- Rising Number of Private Space Companies
- Increasing Digitisation in Various Industries
- Growth of Telecom and IT industry
- Intense Research and Development in Space Technology
- Rise in Cloud Computing and Services through Internet Operations
- Growing Demand for Remote Internet Access
- Demand for High Speed Internet Services Provided by Satellite Modem
- High Operational Costs of Providing Satellite Internet Access Services
- High Cost of Manufacturing and Launching Satellite Launch
- Higher Data Costs than Traditional Telecom Providers
- Low Awareness Regarding Satellite Modem Offerings
Key Target AudienceSatellite Modem Manufacturers, Suppliers and Distributors, Venture Capitalists and Private Equity Firms, New Entrants/Investors, Raw Material Suppliers, Government Regulatory and Research Organizations and End-Use Industries
About ApproachDuring this study the evaluation and validation of the market size is done through various sources including primary and secondary analysis. AMA Research & Media follows industrial and regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.
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