Product Code: IRTNTR45870
The satellite modem market is forecasted to grow by USD 147.3 mn during 2023-2028, accelerating at a CAGR of 6.81% during the forecast period. The report on the satellite modem market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing need to enhance offshore communication, growing need for satellite systems in 5G ecosystem, and rising demand for internet connectivity in rural areas.
Technavio's satellite modem market is segmented as below:
Market Scope |
Base Year | 2024 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 6.38% |
CAGR | 6.81% |
Incremental Value | $147.3mn |
By Application
- Communications
- IP trucking
- Tracking and monitoring
By Type
By Geography
- North America
- APAC
- Europe
- South America
- Middle East and Africa
This study identifies the high preference for MEO and LEO over GEO satellites as one of the prime reasons driving the satellite modem market growth during the next few years. Also, increasing need to integrate satellite communication into autonomous cars and evolution of frequency bands will lead to sizable demand in the market.
The report on the satellite modem market covers the following areas:
- Satellite modem market sizing
- Satellite modem market forecast
- Satellite modem market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading satellite modem market vendors that include Amplus Communication Pte Ltd., Applied Satellite Technology Ltd., AYECKa Ltd., Baylin Technologies Inc, Comtech, Datum Systems Inc, EchoStar Corp., Gilat Satellite Networks Ltd., Iridium Communications Inc., NovelSat, ORBCOMM Inc., SATCOM Services Corp., SatExpander, Singapore Technologies Engineering Ltd., skyDSL Global GmbH, Teledyne Technologies Inc., THISS Technologies Pte Ltd., Thuraya Telecommunications Co., Viasat Inc., and WORK Microwave GmbH. Also, the satellite modem market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
- 1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market by Geography
- Executive Summary - Chart on Market Segmentation by Application
- Executive Summary - Chart on Market Segmentation by Type
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
- 2.2 Market characteristics
- Market characteristics analysis
- 2.3 Value chain analysis
3 Market Sizing
- 3.1 Market definition
- Offerings of companies included in the market definition
- 3.2 Market segment analysis
- 3.3 Market size 2023
- 3.4 Market outlook: Forecast for 2023-2028
- Chart on Global - Market size and forecast 2023-2028 ($ million)
- Data Table on Global - Market size and forecast 2023-2028 ($ million)
- Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
- 4.1 Global Satellite Modem Market 2018 - 2022
- Historic Market Size - Data Table on Global Satellite Modem Market 2018 - 2022 ($ million)
- 4.2 Application segment analysis 2018 - 2022
- Historic Market Size - Application Segment 2018 - 2022 ($ million)
- 4.3 Type segment analysis 2018 - 2022
- Historic Market Size - Type Segment 2018 - 2022 ($ million)
- 4.4 Geography segment analysis 2018 - 2022
- Historic Market Size - Geography Segment 2018 - 2022 ($ million)
- 4.5 Country segment analysis 2018 - 2022
- Historic Market Size - Country Segment 2018 - 2022 ($ million)
5 Five Forces Analysis
- 5.1 Five forces summary
- Five forces analysis - Comparison between 2023 and 2028
- 5.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2023 and 2028
- 5.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2023 and 2028
- 5.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2023 and 2028
- 5.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2023 and 2028
- 5.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2023 and 2028
- 5.7 Market condition
- Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Application
- 6.1 Market segments
- Chart on Application - Market share 2023-2028 (%)
- Data Table on Application - Market share 2023-2028 (%)
- 6.2 Comparison by Application
- Chart on Comparison by Application
- Data Table on Comparison by Application
- 6.3 Communications - Market size and forecast 2023-2028
- Chart on Communications - Market size and forecast 2023-2028 ($ million)
- Data Table on Communications - Market size and forecast 2023-2028 ($ million)
- Chart on Communications - Year-over-year growth 2023-2028 (%)
- Data Table on Communications - Year-over-year growth 2023-2028 (%)
- 6.4 IP trucking - Market size and forecast 2023-2028
- Chart on IP trucking - Market size and forecast 2023-2028 ($ million)
- Data Table on IP trucking - Market size and forecast 2023-2028 ($ million)
- Chart on IP trucking - Year-over-year growth 2023-2028 (%)
- Data Table on IP trucking - Year-over-year growth 2023-2028 (%)
- 6.5 Tracking and monitoring - Market size and forecast 2023-2028
- Chart on Tracking and monitoring - Market size and forecast 2023-2028 ($ million)
- Data Table on Tracking and monitoring - Market size and forecast 2023-2028 ($ million)
- Chart on Tracking and monitoring - Year-over-year growth 2023-2028 (%)
- Data Table on Tracking and monitoring - Year-over-year growth 2023-2028 (%)
- 6.6 Market opportunity by Application
- Market opportunity by Application ($ million)
- Data Table on Market opportunity by Application ($ million)
7 Market Segmentation by Type
- 7.1 Market segments
- Chart on Type - Market share 2023-2028 (%)
- Data Table on Type - Market share 2023-2028 (%)
- 7.2 Comparison by Type
- Chart on Comparison by Type
- Data Table on Comparison by Type
- 7.3 MCPC - Market size and forecast 2023-2028
- Chart on MCPC - Market size and forecast 2023-2028 ($ million)
- Data Table on MCPC - Market size and forecast 2023-2028 ($ million)
- Chart on MCPC - Year-over-year growth 2023-2028 (%)
- Data Table on MCPC - Year-over-year growth 2023-2028 (%)
- 7.4 SCPC - Market size and forecast 2023-2028
- Chart on SCPC - Market size and forecast 2023-2028 ($ million)
- Data Table on SCPC - Market size and forecast 2023-2028 ($ million)
- Chart on SCPC - Year-over-year growth 2023-2028 (%)
- Data Table on SCPC - Year-over-year growth 2023-2028 (%)
- 7.5 Market opportunity by Type
- Market opportunity by Type ($ million)
- Data Table on Market opportunity by Type ($ million)
8 Customer Landscape
- 8.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
- 9.1 Geographic segmentation
- Chart on Market share by geography 2023-2028 (%)
- Data Table on Market share by geography 2023-2028 (%)
- 9.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison
- 9.3 North America - Market size and forecast 2023-2028
- Chart on North America - Market size and forecast 2023-2028 ($ million)
- Data Table on North America - Market size and forecast 2023-2028 ($ million)
- Chart on North America - Year-over-year growth 2023-2028 (%)
- Data Table on North America - Year-over-year growth 2023-2028 (%)
- 9.4 APAC - Market size and forecast 2023-2028
- Chart on APAC - Market size and forecast 2023-2028 ($ million)
- Data Table on APAC - Market size and forecast 2023-2028 ($ million)
- Chart on APAC - Year-over-year growth 2023-2028 (%)
- Data Table on APAC - Year-over-year growth 2023-2028 (%)
- 9.5 Europe - Market size and forecast 2023-2028
- Chart on Europe - Market size and forecast 2023-2028 ($ million)
- Data Table on Europe - Market size and forecast 2023-2028 ($ million)
- Chart on Europe - Year-over-year growth 2023-2028 (%)
- Data Table on Europe - Year-over-year growth 2023-2028 (%)
- 9.6 South America - Market size and forecast 2023-2028
- Chart on South America - Market size and forecast 2023-2028 ($ million)
- Data Table on South America - Market size and forecast 2023-2028 ($ million)
- Chart on South America - Year-over-year growth 2023-2028 (%)
- Data Table on South America - Year-over-year growth 2023-2028 (%)
- 9.7 Middle East and Africa - Market size and forecast 2023-2028
- Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- 9.8 US - Market size and forecast 2023-2028
- Chart on US - Market size and forecast 2023-2028 ($ million)
- Data Table on US - Market size and forecast 2023-2028 ($ million)
- Chart on US - Year-over-year growth 2023-2028 (%)
- Data Table on US - Year-over-year growth 2023-2028 (%)
- 9.9 China - Market size and forecast 2023-2028
- Chart on China - Market size and forecast 2023-2028 ($ million)
- Data Table on China - Market size and forecast 2023-2028 ($ million)
- Chart on China - Year-over-year growth 2023-2028 (%)
- Data Table on China - Year-over-year growth 2023-2028 (%)
- 9.10 Germany - Market size and forecast 2023-2028
- Chart on Germany - Market size and forecast 2023-2028 ($ million)
- Data Table on Germany - Market size and forecast 2023-2028 ($ million)
- Chart on Germany - Year-over-year growth 2023-2028 (%)
- Data Table on Germany - Year-over-year growth 2023-2028 (%)
- 9.11 Japan - Market size and forecast 2023-2028
- Chart on Japan - Market size and forecast 2023-2028 ($ million)
- Data Table on Japan - Market size and forecast 2023-2028 ($ million)
- Chart on Japan - Year-over-year growth 2023-2028 (%)
- Data Table on Japan - Year-over-year growth 2023-2028 (%)
- 9.12 UK - Market size and forecast 2023-2028
- Chart on UK - Market size and forecast 2023-2028 ($ million)
- Data Table on UK - Market size and forecast 2023-2028 ($ million)
- Chart on UK - Year-over-year growth 2023-2028 (%)
- Data Table on UK - Year-over-year growth 2023-2028 (%)
- 9.13 Market opportunity by geography
- Market opportunity by geography ($ million)
- Data Tables on Market opportunity by geography ($ million)
10 Drivers, Challenges, and Opportunity/Restraints
- 10.1 Market drivers
- 10.2 Market challenges
- 10.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2023 and 2028
- 10.4 Market opportunities/restraints
11 Competitive Landscape
- 11.1 Overview
- 11.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
- 11.3 Landscape disruption
- Overview on factors of disruption
- 11.4 Industry risks
- Impact of key risks on business
12 Competitive Analysis
- 12.1 Companies profiled
- 12.2 Market positioning of companies
- Matrix on companies position and classification
- 12.3 Baylin Technologies Inc
- Baylin Technologies Inc - Overview
- Baylin Technologies Inc - Product / Service
- Baylin Technologies Inc - Key offerings
- 12.4 Comtech
- Comtech - Overview
- Comtech - Business segments
- Comtech - Key news
- Comtech - Key offerings
- Comtech - Segment focus
- 12.5 Datum Systems Inc
- Datum Systems Inc - Overview
- Datum Systems Inc - Product / Service
- Datum Systems Inc - Key offerings
- 12.6 EchoStar Corp.
- EchoStar Corp. - Overview
- EchoStar Corp. - Business segments
- EchoStar Corp. - Key news
- EchoStar Corp. - Key offerings
- EchoStar Corp. - Segment focus
- 12.7 Gilat Satellite Networks Ltd.
- Gilat Satellite Networks Ltd. - Overview
- Gilat Satellite Networks Ltd. - Business segments
- Gilat Satellite Networks Ltd. - Key offerings
- Gilat Satellite Networks Ltd. - Segment focus
- 12.8 Iridium Communications Inc.
- Iridium Communications Inc. - Overview
- Iridium Communications Inc. - Product / Service
- Iridium Communications Inc. - Key news
- Iridium Communications Inc. - Key offerings
- 12.9 NovelSat
- NovelSat - Overview
- NovelSat - Product / Service
- NovelSat - Key offerings
- 12.10 ORBCOMM Inc.
- ORBCOMM Inc. - Overview
- ORBCOMM Inc. - Product / Service
- ORBCOMM Inc. - Key offerings
- 12.11 Teledyne Technologies Inc.
- Teledyne Technologies Inc. - Overview
- Teledyne Technologies Inc. - Business segments
- Teledyne Technologies Inc. - Key news
- Teledyne Technologies Inc. - Key offerings
- Teledyne Technologies Inc. - Segment focus
- 12.12 Viasat Inc.
- Viasat Inc. - Overview
- Viasat Inc. - Business segments
- Viasat Inc. - Key news
- Viasat Inc. - Key offerings
- Viasat Inc. - Segment focus
13 Appendix
- 13.1 Scope of the report
- 13.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
- 13.3 Currency conversion rates for US$
- Currency conversion rates for US$
- 13.4 Research methodology
- 13.5 Data procurement
- 13.6 Data validation
- 13.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
- 13.8 Data synthesis
- 13.9 360 degree market analysis
- 360 degree market analysis
- 13.10 List of abbreviations