Satellite Modem Market, Opportunity, Growth Drivers, Industry Trend Analysis and Forecast, 2024-2032
The global satellite modem market was valued at over USD 490 million in 2023 and is projected to witness 9.5% CAGR from 2024 to 2032 driven by improvements in satellite infrastructure and capabilities enhancing connectivity and data transmission.
Advancements in satellite technology, including the development of low Earth orbit (LEO) and high throughput satellites (HTS) constellations, significantly enhance data capacity, speed, and coverage. These improvements make satellite communication more efficient and cost-effective, driving demand for advanced satellite modems. In a recent turn of events, Google announced its plan to use the Samsung Modem 5400 for its Pixel 9, 9 Pro, and Fold 2 devices to enable satellite connectivity, in April 2024. The Samsung Modem 5400 is designed to provide faster network speeds and lower power consumption compared to its predecessor. It will also support 3GPP Rel. 17, a 5G non-terrestrial network (NTN) powered by Low Earth Orbit (LEO) satellites.
As connectivity requirements grow, particularly in remote and underserved areas, cutting-edge satellite technology will ensure robust, high-speed communication, thus propelling the satellite modem market forward.
The overall satellite modem industry is classified based on channel type, data rate, application, end-use industry, and region.
The energy and utilities sector will garner a considerable satellite modem market share through 2032 due to the growing demand for reliable remote monitoring and management of infrastructure. Satellite modems provide consistent, high-speed connectivity in remote and harsh environments where conventional networks falter. This enables real-time data transmission for operations, enhancing efficiency and safety. Additionally, as energy projects expand into more isolated areas, the capability of satellite modems to offer uninterrupted communication becomes critical, ushering in their increased adoption.
The satellite modem market size from the single channel per carrier (SCPC) segment will expand significantly from 2024 to 2032. The demand for satellite modems in the single channel per carrier (SCPC) segment is rising due to their efficiency in handling high-bandwidth applications and dedicated communication links. SCPC modems offer superior performance for data-intensive operations, ensuring minimal latency and stable connections. This is particularly valuable for industries requiring uninterrupted and high-quality transmissions, such as broadcasting and critical communications. Additionally, advancements in SCPC technology have made it more cost-effective and reliable, boosting its adoption in scenarios demanding robust and dedicated satellite links.
Asia Pacific satellite modem market will register a prominent CAGR between 2024 and 2032. The demand for satellite modems in the Asia Pacific is growing due to the rapid expansion of telecommunications infrastructure in rural and remote areas. As governments and private enterprises push for enhanced connectivity, satellite modems provide an effective solution for overcoming geographical challenges. Additionally, the region's burgeoning smart city projects and the need for robust disaster management systems drive the adoption of satellite technology. Economic growth and increasing investments in satellite communications further contribute to the rising demand, ensuring seamless and reliable connectivity across diverse and challenging terrains.
- Chapter 1 Research Methodology and Scope
- 1.1 Scope and definition
- 1.1.1 Scope
- 1.1.2 Definitions
- 1.2 Research design
- 1.2.1 Data collection techniques
- 1.2.2 Market size estimation
- 1.2.3 Forecasting model
- 1.3 Data sources
- 1.3.1 Primary
- 1.3.2.1 Secondary
- 1.3.2.1 Paid sources
- 1.3.2.2 Public sources
- Chapter 2 Executive Summary
- 2.1 Satellite modem market, 2018-2032
- 2.2 Business trends
- 2.3 Regional trends
- 2.4 Channel type trends
- 2.5 Data rate trends
- 2.6 Application trends
- 2.7 End-use industry trends
- Chapter 3 Satellite Modem Industry Insights
- 3.1 Satellite modem industry ecosystem analysis
- 3.1.1 Component providers
- 3.1.2 Manufacturers
- 3.1.3 System integrators
- 3.1.4 End-users
- 3.1.5 Suppliers landscape
- 3.2 Vendor matrix
- 3.2.1 Profit margin analysis
- 3.3 Technology and innovation landscape
- 3.3.1 High-Throughput Satellite (HTS) modems
- 3.3.2 Software-defined satellite modems
- 3.3.3 5G-enabled satellite modems
- 3.4 Patent analysis
- 3.5 Key news & initiatives
- 3.6 Regulatory landscape
- 3.6.1 International standards
- 3.6.1.1 International Telecommunication Union (ITU)
- 3.6.1.2 North America
- 3.6.1.3 Federal Communications Commission (FCC)
- 3.6.1.4 National Telecommunications and Information Administration (NTIA)
- 3.6.1.5 Canadian Radio-television and Telecommunications Commission
- 3.6.2 Europe
- 3.6.2.1 European Communications Office (ECO)
- 3.6.2.2 European Conference of Postal and Telecommunications Administrations (CEPT)
- 3.6.3 Asia Pacific
- 3.6.3.1 Satellite communication reforms 2022
- 3.6.3.2 Department of Information and Communications Technology (DICT), Philippines
- 3.6.4 Latin America
- 3.6.4.1 National Telecommunications Agency (ANATEL)
- 3.6.5 MEA
- 3.6.5.1 Uganda Communications Commission, Uganda
- 3.7 Industry impact forces
- 3.7.1 Growth drivers
- 3.7.1.1 Increasing demand for high-speed internet access in remote areas
- 3.7.1.2 Growing adoption of satellite communication for maritime and aviation connectivity
- 3.7.1.3 Expansion of satellite-based broadcasting and media services
- 3.7.1.4 Increasing deployment of satellite networks for military and defense applications
- 3.7.1.5 Satellite modems in energy and utility sectors for remote monitoring and control
- 3.7.2 Pitfalls & challenges
- 3.7.2.1 Dependency on atmospheric conditions
- 3.7.2.2 Technological obsolescence
- 3.8 Growth potential analysis, 2023
- 3.9 Porter's analysis
- 3.10 PESTEL analysis
- Chapter 4 Competitive Landscape, 2023
- 4.1 Introduction
- 4.2 Company market share, 2023
- 4.3 Competitive analysis of the key market players
- 4.3.1 Hughes Network Systems
- 4.3.2 Viasat, Inc.
- 4.3.3 Comtech Telecommunications Corp
- 4.3.4 Gilat Satellite Networks Ltd.
- 4.3.5 ST Engineering
- 4.3.6 Teledyne Technologies
- 4.3.7 ND SATCOM
- 4.4 Competitive positioning matrix
- 4.5 Strategic outlook matrix
- Chapter 5 Satellite Modem Market, By Channel Type
- 5.1 Satellite modem market share, by channel type, 2023 & 2032
- 5.2 Single Channel Per Carrier (SCPC) Modem
- 5.3 Multiple Channel Per Carrier (MCPC) Modem
- Chapter 6 Satellite Modem Market, By Data Rate
- 6.1 Satellite modem market share, by data rate, 2023 & 2032
- 6.2 High speed
- 6.3 Mid-Range
- 6.4 Entry Level
- Chapter 7 Satellite Modem Market, By Application
- 7.1 Satellite modem market share, by application, 2023 & 2032
- 7.2 Broadcast
- 7.3 Enterprise & Broadband
- 7.4 In-flight Connectivity
- 7.5 IP Trunking
- 7.6 Mobile & Backhaul
- 7.7 Offshore Communication
- 7.8 Tracking & Monitoring
- 7.9 Others
- Chapter 8 Satellite modem Market, By End-use
- 8.1 Satellite modem market share, by end-use, 2023 & 2032
- 8.2 Energy & Utilities
- 8.3 Government
- 8.4 Marine
- 8.5 Media & entertainment
- 8.6 Military & Defense
- 8.7 Mining
- 8.8 Oil & Gas
- 8.9 Telecommunications
- 8.10 Transportation & Logistics
- 8.11 Others
- Chapter 9 Satellite modem Market, By Region
- 9.1 Satellite modem market share, by region, 2023 & 2032
- 9.2 North America
- 9.3 Europe
- 9.4 Asia Pacific
- 9.5 Latin America
- 9.6 MEA
- Chapter 10 Company Profiles
- 10.1 Amplus Communication
- 10.1.1 Business Overview
- 10.1.2 Financial Data
- 10.1.3 Product Landscape
- 10.1.4 SWOT Analysis
- 10.2 AYECKA Ltd.
- 10.2.1 Business Overview
- 10.2.2 Financial Data
- 10.2.3 Product Landscape
- 10.2.4 Strategic Outlook
- 10.2.5 SWOT Analysis
- 10.3 Comtech Telecommunications Corp.
- 10.3.1 Business Overview
- 10.3.2 Financial Data
- 10.3.3 Product Landscape
- 10.3.4 Strategic Outlook
- 10.3.5 SWOT Analysis
- 10.4 Datum Systems
- 10.4.1 Business Overview
- 10.4.2 Financial Data
- 10.4.3 Product Landscape
- 10.4.4 Strategic Outlook
- 10.4.5 SWOT Analysis
- 10.5 Gilat Satellite Networks Ltd.
- 10.5.1 Business Overview
- 10.5.2 Financial Data
- 10.5.3 Product Landscape
- 10.5.4 Strategic Outlook
- 10.5.5 SWOT Analysis
- 10.6 Hughes Network Systems, LLC
- 10.6.1 Business Overview
- 10.6.2 Financial Data
- 10.6.3 Product Landscape
- 10.6.4 Strategic Outlook
- 10.6.5 SWOT Analysis
- 10.7 ND SATCOM
- 10.7.1 Business Overview
- 10.7.2 Financial Data
- 10.7.3 Product Landscape
- 10.7.4 Strategic Outlook
- 10.7.5 SWOT Analysis
- 10.8 NOVELSAT
- 10.8.1 Business Overview
- 10.8.2 Financial Data
- 10.8.3 Product Landscape
- 10.8.4 Strategic Outlook
- 10.8.5 SWOT Analysis
- 10.9 ORBCOMM Inc.
- 10.9.1 Business Overview
- 10.9.2 Financial Data
- 10.9.3 Product Landscape
- 10.9.4 Strategic Outlook
- 10.9.5 SWOT Analysis
- 10.10 SatixFy
- 10.10.1 Business Overview
- 10.10.2 Financial Data
- 10.10.3 Product Landscape
- 10.10.4 Strategic Outlook
- 10.10.5 SWOT Analysis
- 10.11 ST Engineering iDirect, Inc.
- 10.11.1 Business Overview
- 10.11.2 Financial Dat
- 10.11.3 Product Landscape
- 10.11.4 Strategic Outlook
- 10.11.5 SWOT Analysis
- 10.12 Teledyne Technologies Inc
- 10.12.1 Business Overview
- 10.12.2 Financial Data
- 10.12.3 Product Landscape
- 10.12.4 Strategic Outlook
- 10.12.5 SWOT Analysis
- 10.13 Viasat, Inc.
- 10.13.1 Business Overview
- 10.13.2 Financial Data
- 10.13.3 Product Landscape
- 10.13.4 Strategic Outlook
- 10.13.5 SWOT Analysis
- 10.14 WORK Microwave GmbH
- 10.14.1 Business Overview
- 10.14.2 Financial Data
- 10.14.3 Product Landscape
- 10.14.4 Strategic Outlook
- 10.14.5 SWOT Analysis
Research Assistance
Download our eBook: How to Succeed Using Market Research
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook