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(IndustryNews247.Com, July 11, 2018 ) Publisher’s market research analysts have identified the increasing need to enhance offshore communication as one of the primary factors that will trigger the growth of the satellite modem market size till 2022. To communicate offshore, there is a rising need to deploy effective communication networks for crews and passengers, including fisherman, sailors, and tourists on cruise ships. By using satellite communication, offshore communication can be enhanced. Offshore teams have comparatively fewer data and reduced speed as compared with the onshore team. Offshore teams cannot avail climate changes, wind speeds, and other environmental factors, and therefore they are dependent on the onshore team to provide important news and data. These factors are leading to high demand for satellite communication for the offshore team to protect them from danger. The growing demand for enhanced satellite communications is creating a demand for satellite modems to modulate and demodulate signals. Our market research analysts estimate that the market will grow steadily at a CAGR of more than 5% by 2022.
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Covered in this report
The report covers the present scenario and the growth prospects of the satellite modem. To calculate the market size, the report considers the revenue generated from the satellite modem.
The market is divided into the following segments based on geography:
Publisher's report, satellite modem market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
- Comtech EF Data
- GILAT SATELLITE NETWORKS
Make an Inquiry http://www.reportsweb.com/inquiry&RW00012102488/buying .
-Increasing need to enhance offshore communication
-High investments required for satellite internet and connectivity
-High preference for MEO and LEO over GEO satellites
Key questions answered in this report
-What will the market size be in 2022 and what will the growth rate be-
-What are the key market trends-
-What is driving this market-
-What are the challenges to market growth-
-Who are the key vendors in this market space-
-What are the market opportunities and threats faced by the key vendors-
-What are the strengths and weaknesses of the key vendors-
For More Information about This Report: http://www.reportsweb.com/global-satellite-modem-market-2018-2022 .
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