Satellite Modem Market to Perceive Substantial Growth During 2017-2027

Satellite Modem are often used by the consumers that resides in area which is not within the close proximity of telecommunication companies and desired broadband access. So, these consumers are adopting satellite dishes for two way data exchanges. Moreover, the satellite Modem has wide application in military and defense industry for reliable, secured, and uninterrupted communication which is plays a vital role irrespective of weather condition.

The rising demand for enriched high speed data communication is one of the major factor driving the satellite Modem market. These Modem has widespread usage, especially among mobile and telecom operators. Moreover, the rising demand for satellite communication in telecommunication industry for high speed secured connection is also turning to be the major factor driving the satellite Modem market in positive manner.The enterprises are facing difficulties to meet the rising demand for high bandwidth application which is turning to be the major challenge faced by most of the vendors in satellite modem market.

The major segments of Satellite Modem market on the basis of the end-user include: Telecommunication, Marine, Military and Defence, Transportation & Logistics, Energy & Utilities, Mining, Oil & Gas, and Others.The major player operating in Satellite Modem market includes ORBCOMM INC, ViaSat Inc., Gilat Satellite Networks Ltd., Newtec Cy N.V., Datum Systems Inc., Teledyne Paradise Datacom NovelSat, Comtech EF Data Corporation., Advantech Wireless, and WORK Microwave GmbH.

On the basis of geography, Satellite Modem market can be segmented into seven key regions namely North America, Latin America, Western Europe, Eastern Europe, APEJ, Japan and Middle East & Africa. Among various regions, the Satellite Modem market in North America is expected to dominate during the forecast period owing to the growing demand for satellite communication to make critical decisions that are based on video and voice communications in military applications. North America region is expected to be followed by Western Europe, Japan and APAC.

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