The Multiple Channel Per Carrier (MCPC) modem held the largest size of the satellite modem market in 2016

The larger market share of MCPC modems is attributed to their unparalleled channel efficiency, which is the core requirement of high-data-traffic industries such as mobile communication and internet & broadband services. MCPC satellite modems support internet and IP applications for its multimedia applications. Considering the advantages of MCPC satellite modems, this market is expected to register higher growth during the forecast period.

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Mid-range data rate modem market to grow at a high rate between 2017 and 2023

Mid-range data rate modems are expected to find widespread use, especially among telecom and mobile operators. All these sectors such as telecommunication and mobile networks are growing as connectivity is becoming a critical need. Apart from the telecom industry, mid-range data rate satellite modems are also used in enterprises, and the broadcast and news industry, among others. Thus, owing to the rising adoption rate in all these fields, this market is expected to grow at the highest CAGR between 2017 and 2023.

North America to hold the largest share of the satellite modem market in 2016

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Some of the key players in the satellite modem market are ORBCOMM INC. (US), ViaSat Inc. (US), Gilat Satellite Networks Ltd. (Israel), NovelSat (Israel), Comtech EF Data Corporation. (US), Newtec Cy N.V. (Belgium), Datum Systems Inc. (US), Teledyne Paradise Datacom (UK), Advantech Wireless (Canada), and WORK Microwave GmbH (Germany).