Satellite Modem Market 2022: Industry Manufacturers Forecasts – ORBCOMM INC., ViaSat Inc., Gilat Satellite Networks Ltd., Newtec Cy N.V., Teledyne Paradise Datacom, Comtech EF Data Corporation, WORK Microwave GmbH,

Through 2032, the market for satellite modems is expected to grow at a CAGR of 15.4%. The market revenue is anticipated to be around US$ 450 million in 2022 and to climb to US$ 1,890 million by 2032. Customers who live in areas without easy access to telecommunications firms and who want broadband connection frequently …

Market size for satellite modems, COVID-19 impact analysis, and projections through 2032

Satellite ModemĀ 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 …