Home > Aerospace & Defense > Aviation Technology > Satellite Modem Market

Satellite Modem Market Trends

Report ID: GMI9042
Published Date: Apr 2024
Report Format: PDF

Download Free Sample

Satellite Modem Market Trends

In the market, notable trends include the growing use of High Throughput Satellites (HTS) to meet the rising demand for bandwidth-intensive applications such as video streaming and data transfer. Another trend is the incorporation of advanced features such as Adaptive Coding and Modulation (ACM) and advanced Forward Error Correction (FEC) techniques to improve signal reliability & efficiency. Furthermore, there is a trend toward smaller & lighter modem designs to accommodate emerging applications on the Internet of Things (IoT) and mobile satellite communications.

For instance, in June 2023, Qualcomm launched new satellite IoT solutions to provide uninterrupted remote monitoring and asset tracking. The company announced two modem chipsets with satellite capability: the Qualcomm 212S Modem and the Qualcomm 9205S Modem. These modem chipsets power off-grid industrial use cases that require standalone Non-terrestrial Network (NTN) connectivity or hybrid connectivity alongside terrestrial networks, and allow IoT enterprises, developers, ODMs, and OEMs to harness real-time information and insights to manage business projects.

Furthermore, the market is seeing an increase in the demand for satellite modems that include built-in cybersecurity features to address growing concerns about data security and privacy. Overall, these trends represent a continuous evolution in satellite modem technology to meet the increasing demand for high-speed, reliable, and secure satellite communication solutions across various industries & applications.

Authors: Suraj Gujar , Sandeep Ugale

Frequently Asked Questions (FAQ) :

Satellite modem market size crossed USD 490 million in 2023 and is expected to register over 9.5% CAGR from 2024-2032 owing to its applications in variety of industries including internet access, telecommunication, remote sensing, and broadcasting worldwide.

The military & defense segment recorded over 25% share in 2023 due to its increasing importance in military operations such as command & control, intelligence gathering, and situational awareness.

North America held a significant share of over 30% in the global market in 2023, due to the investments in space exploration, satellite communication infrastructure, and military applications in the region.

AYECKA Ltd., Datum Systems, Gilat Satellite Networks Ltd., Hughes Network Systems, ND SATCOM, NOVELSAT, ORBCOMM Inc., SatixFy, ST Engineering, Teledyne Technologies, Viasat, Inc., and WORK Microwave GmbH, are some of the major satellite modem companies worldwide.