Telecomunicazioni
Global Satellite Modem Market Expected to Generate a Revenue of $1,004.4 million by 2028, Growing at a CAGR of 14.4% from 2021-2028 [232-Pages] | Research Dive
According to the report, the is expected to register a , growing rapidly at a during the forecast period, .
Growing demand for enhanced data transmission and data connectivity is expected to drive the growth of the satellite modem market during the forecast period. In addition, a significant surge in the demand for connected homes, healthcare devices, and connected automobiles is expected to create immense opportunities for the growth of the market during the forecast period. However, unforeseen regulations on satellite communications are expected to impede the growth of the satellite modem market during the forecast period.
The outbreak of COVID-19 has had an adverse impact on the growth of the global satellite modem market, owing to the occurrence of lockdowns in numerous countries across the globe. Lockdowns affected almost every industry during the pandemic, creating serious disruptions in the supply chain and manufacturing units of various industries. In addition, numerous people across the globe lost their jobs, which considerably declined their expenditure to a bare minimum during the pandemic. But eased lockdown restrictions by the government are expected to recover the growth of the market.
The report has divided the market into various segments based on channel type, technology, application, end-user, and region.
The major players of the market include
These players are working on developing strategies such as product development, merger, and acquisition, partnerships, and collaborations to sustain the market growth. –
For instance, , an innovative company that develops, manufactures, and markets systems, services, and products for advanced communications solutions acquired Gilat Satellite Networks Ltd., an Israel -based public company that manufactures and sells VSAT satellite ground stations and related equipment, in order to strengthen Comtech's position in the global satellite modem market.
The report also summarizes many important aspects including the financial performance of the key players, SWOT analysis, product portfolio, and latest strategic developments.
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