Seattle, WA -- (SBWIRE) -- 11/29/2019 -- Satellite modem is an electronic device used to transmit and receive signals from a satellite transponder. These transponders receive signals over a range of uplink frequencies sent from ground stations. The key advantage of using satellite modems is that they provide seamless communication, thereby benefiting various businesses.

Market Drivers:

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.

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Global Satellite Modem Market: Market Segmentation

By Data Rate:
- Entry-Level Data Rate Modems
- Mid-Range Data Rate Modems
- High-Speed Data Rate Modems

By Application:
- Offshore Communication
- Tracking & Monitoring
- Mobile & Backhaul
- IP Trunking
- Others

End User:
- Transportation & Logistics
- Oil & Gas
- Energy & Utilities
- Marine
- Military & Defense
- Mining
- Telecommunication

Regional Analysis:

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.

Key Players:

Newtec, Iridium Communications Inc., C-DOT, Thuraya Telecommunications Company, VT iDirect, Inc., Singapore Technologies Engineering Ltd., ViaSat Inc., Teledyne Paradise Datacom, Hughes Network Systems LLC, and Comtech EF Data Corporation.

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