Read the Beforeitsnews.com story here. Advertise at Before It's News here.
Profile image
Story Views
Now:
Last hour:
Last 24 hours:
Total:

Satellite Modem Market Opportunities and Challenges

% of readers think this story is Fact. Add your two cents.


The report Satellite Modem Market by Channel Type (SCPC & MCPC), Data Rate (High-Speed, Mid-Range, Entry-Level), Application (Mobile & Backhaul, IP Trunking, Offshore Communication), End User (Telecom, Marine, Oil & Gas), & Geography – Global Forecast to 2023″, The satellite modem market is expected to grow from USD 296.4 Million in 2017 to USD 420.4 Million by 2023, at a CAGR of 6.0% between 2017 and 2023. 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.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=261298987

The Multiple Channel Per Carrier (MCPC) modem held the largest size of the satellite modem market in 2016

The larger market share of MCPC modems is attributed to their unparalleled channel efficiency, which is the core requirement of high-data-traffic industries such as mobile communication and internet & broadband services. MCPC satellite modems support internet and IP applications for its multimedia applications. Considering the advantages of MCPC satellite modems, this market is expected to register higher growth during the forecast period.

Mid-range data rate modem market to grow at a high rate between 2017 and 2023

Mid-range data rate modems are expected to find widespread use, especially among telecom and mobile operators. All these sectors such as telecommunication and mobile networks are growing as connectivity is becoming a critical need. Apart from the telecom industry, mid-range data rate satellite modems are also used in enterprises, and the broadcast and news industry, among others. Thus, owing to the rising adoption rate in all these fields, this market is expected to grow at the highest CAGR between 2017 and 2023.

North America to hold the largest share of the satellite modem market in 2016

In North America, the US, Canada, and Mexico are major oil producers, and oil & gas companies in this region are continuously increasing their exploration activities. As the operations of oil & gas industries are often conducted in remote locations, there is a growing demand for satellite communication to make critical decisions based on data, voice, and video communications. Satellite communication provides continuous connectivity and delivers very high performance, and is, therefore, essential for the oil & gas industry. Thus, the satellite modem market has a good opportunity to achieve growth in different applications (such as tracking & monitoring and offshore communication) in various North American industries.

Request Sample @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=261298987

Some of the key players in the satellite modem market are ORBCOMM INC. (US), ViaSat Inc. (US), Gilat Satellite Networks Ltd. (Israel), NovelSat (Israel), Comtech EF Data Corporation. (US), Newtec Cy N.V. (Belgium), Datum Systems Inc. (US), Teledyne Paradise Datacom (UK), Advantech Wireless (Canada), and WORK Microwave GmbH (Germany).



Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world.

Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.

"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.

Please Help Support BeforeitsNews by trying our Natural Health Products below!


Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST


Order by Phone at 888-809-8385 or online at https://www.herbanomic.com M - F 9am to 5pm EST


Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!

HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation

Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.

MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)
Oxy Powder - Natural Colon Cleanser!  Cleans out toxic buildup with oxygen! 
Nascent Iodine - Promotes detoxification, mental focus and thyroid health.
Smart Meter Cover -  Reduces Smart Meter radiation by 96%!  (See Video)

Immusist Beverage Concentrate - Proprietary blend, formulated to reduce inflammation while hydrating and oxygenating the cells.

Report abuse
Loading...
    Loading...

    Comments

    Your Comments
    Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

    MOST RECENT
    Load more ...

    SignUp

    Login

    Newsletter

    Email this story
    Email this story

    If you really want to ban this commenter, please write down the reason:

    If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.