#Wireless Data Radio Modem Market Analysis
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Underwater Communication System Market Size, Share, Analysis, Forecast, and Emerging Growth Opportunities by 2032
The Underwater Communication System Market was valued at USD 4.2 Billion in 2023 and is expected to reach USD 9.7 Billion by 2032, growing at a CAGR of 9.68% from 2024-2032.
The Underwater Communication System market is rapidly evolving, driven by growing demands across diverse sectors such as defense, oil & gas exploration, marine research, and offshore construction. As underwater activities increase in complexity and scope, reliable communication becomes crucial for safety, data transmission, and operational efficiency. Innovations in acoustic, optical, and electromagnetic communication technologies are transforming how information is exchanged beneath the ocean surface, fostering new opportunities for real-time underwater networking and exploration.
Underwater Communication System market advancements are reshaping subsea operations worldwide. Emerging applications in autonomous underwater vehicles (AUVs), remotely operated vehicles (ROVs), and environmental monitoring have heightened the need for robust, long-range, and low-latency communication systems. The integration of IoT and AI into underwater networks further propels the market, enabling smarter and more adaptive communication solutions that meet stringent underwater environmental challenges.
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Market Keyplayers:
Sonardyne International Ltd. – BlueComm Optical Modem
Teledyne Technologies Incorporated – Teledyne Benthos Acoustic Modems
Ultra Electronics Holdings plc – UnderSea Acoustic Communication System
EvoLogics GmbH – S2C Acoustic Modems
Kongsberg Gruppen ASA – cNODE Modems
Thales Group – BlueScan Acoustic System
L3Harris Technologies, Inc. – UUV Acoustic Communication System
Sea and Land Technologies Pte Ltd – Seatext Underwater Modems
Aquatec Group Ltd. – AQUAmod Acoustic Modems
DSIT Solutions Ltd. – PointShield Diver Detection System
Hydroacoustic Inc. – HLF-5000 Underwater Acoustic Transceiver
Ocean Technology Systems (OTS) – Aquacom SSB-2010 Wireless Communicator
Zebra-Tech Ltd. – Hydro-Wireless Acoustic Modems
Mistral Solutions Pvt. Ltd. – Tactical Underwater Communication System
Japan Radio Co., Ltd. – JHS-800S Submarine Communication System
Market Analysis
The market is characterized by a diverse range of communication technologies, including acoustic communication, which remains dominant due to its long-range capabilities, alongside growing adoption of optical and radio frequency systems for short-range, high-speed data transfer. Increasing investments from defense agencies and energy sectors, alongside rising marine research activities, have significantly contributed to market expansion. Furthermore, regional growth is driven by enhanced offshore exploration and naval modernization programs in North America, Europe, and Asia-Pacific.
Market Trends
Rising integration of IoT and AI for underwater communication enhancement
Increasing use of autonomous and remotely operated underwater vehicles
Development of hybrid communication systems combining acoustic, optical, and electromagnetic technologies
Growing demand for real-time underwater data transmission and monitoring
Expansion of offshore oil & gas and renewable energy projects fueling demand
Focus on miniaturization and energy-efficient communication devices
Advancements in underwater sensor networks for environmental and defense applications
Market Scope
Enhanced safety and operational efficiency across subsea industries
Broad applications spanning defense, marine research, oil & gas, and offshore wind farms
Emergence of multi-modal communication technologies for diverse underwater environments
Growing emphasis on reducing latency and increasing data bandwidth underwater
Increasing collaborations between tech developers and marine research institutes
Rising adoption of underwater wireless sensor networks to monitor oceanographic parameters
The Underwater Communication System market encapsulates an expansive scope, touching various sectors that depend on seamless underwater connectivity. Its growth is fueled by technological breakthroughs and an increasing need to monitor and manage underwater activities effectively.
Market Forecast
The Underwater Communication System market is poised for remarkable growth, driven by continuous technological innovation and expanding applications. As global subsea operations intensify, demand for more reliable, faster, and energy-efficient communication systems will surge. Integration with digital transformation trends such as AI, machine learning, and IoT will unlock new dimensions in underwater data management, expanding possibilities for exploration, surveillance, and environmental protection. Market players focusing on R&D and strategic collaborations will spearhead future advancements and market penetration.
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Conclusion
The Underwater Communication System market stands at the cusp of a technological revolution that promises to redefine subsea connectivity. For stakeholders, this market offers exciting prospects fueled by innovation and expanding industry demands. Investing in advanced underwater communication technologies will not only enhance operational safety and efficiency but also unlock unprecedented opportunities in marine exploration and monitoring. As the ocean becomes the next frontier for digital transformation, the underwater communication ecosystem is set to become a cornerstone of global maritime strategy and sustainable underwater operations.
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#Underwater Communication System Market#Underwater Communication System Market Scope#Underwater Communication System Market Trends#Underwater Communication System Market Growth
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Private 5G Network Market Size, Share, Scope, Demand, Analysis, Forecast, Growth, and Industry Report 2032
The Private 5G Network Market Size was valued at USD 2.03 billion in 2023 and is expected to reach USD 61.1 billion by 2032, growing at a CAGR of 46.0% over the forecast period 2024-2032.
The Private 5G Network Market is experiencing unprecedented growth, driven by the increasing demand for secure, high-speed, and low-latency connectivity. Enterprises across industries are rapidly adopting private 5G to enhance operational efficiency, support automation, and ensure seamless communication. With the rise of Industry 4.0, the market is set for exponential expansion in the coming years.
The Private 5G Network Market continues to evolve as businesses seek greater control over their wireless networks. Unlike public 5G, private networks offer enhanced security, customization, and dedicated bandwidth, making them ideal for manufacturing, healthcare, logistics, and smart cities. Governments and enterprises are investing heavily in 5G infrastructure, further accelerating market growth.
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Market Keyplayers:
Nokia (AirScale Baseband, Digital Automation Cloud)
Ericsson (Ericsson Private 5G, Radio Dot System)
Huawei Technologies (5G CPE Pro, 5G Core Network)
Qualcomm Technologies, Inc. (FSM100xx Platform, Snapdragon X75 5G Modem)
Samsung Electronics Co., Ltd. (Compact Core, Massive MIMO Solutions)
Cisco Systems, Inc. (Cisco Ultra-Reliable Wireless Backhaul, Catalyst 5G Routers)
ZTE Corporation (5G Radio Access Network, ZTE's Digital Core)
Juniper Networks, Inc. (Mist AI for 5G, Contrail Networking)
Dell Technologies (Dell EMC PowerEdge Servers, Dell Open RAN Solutions)
Hewlett Packard Enterprise (HPE) (HPE Edge Orchestrator, HPE Aruba)
Market Trends Driving Growth
1. Rise of Industrial 5G Applications
Industries such as manufacturing, logistics, and energy are deploying private 5G networks to enable smart factories, automation, and IoT-driven operations.
2. Edge Computing and AI Integration
The convergence of private 5G with edge computing and artificial intelligence is enhancing real-time data processing, reducing latency, and improving decision-making.
3. Growing Adoption in Healthcare and Smart Cities
Private 5G networks are transforming healthcare by enabling remote surgeries, telemedicine, and real-time patient monitoring. Smart cities are also leveraging 5G for connected infrastructure and public safety.
4. Increasing Government and Enterprise Investments
Governments worldwide are allocating spectrum for private 5G deployments, while enterprises are investing in network infrastructure to gain independence from traditional telecom providers.
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Market Segmentation:
By Component
Hardware
Software
Services
By Enterprise Size
Small & Medium Enterprises
Large Enterprises
By Frequency
Sub-6 GHz
mmWave
By Spectrum
Licensed
Unlicensed/Shared
By Vertical
Manufacturing/Factories
Energy & Utilities
Transportation & Logistics
Defense
Enterprises & Campus
Mining
Healthcare/Hospitals
Oil & Gas
Retail
Market Analysis
Demand for Ultra-Reliable Low Latency Communication (URLLC): Critical industries require secure, real-time connectivity for automation and control.
Rising Need for Data Security and Network Control: Private 5G networks offer higher security and customization than public networks.
Expansion of Smart Manufacturing and Industrial IoT (IIoT): Industry 4.0 is accelerating the adoption of private 5G in factories and supply chains.
Availability of Licensed and Unlicensed Spectrum: Governments are facilitating private 5G deployment by making spectrum available to enterprises.
Future Prospects: What Lies Ahead?
1. Growth in Private 5G-as-a-Service (P5GaaS)
Companies are offering Private 5G as a service, allowing enterprises to deploy and manage networks without significant upfront investment.
2. Expansion into Small and Medium Enterprises (SMEs)
While large enterprises lead in adoption, SMEs are expected to embrace private 5G for enhanced connectivity and operational efficiency.
3. Integration with Next-Gen Technologies
Private 5G will work alongside AI, machine learning, and blockchain to further enhance automation, security, and data management.
4. Evolution of Hybrid Networks
Enterprises will increasingly use a mix of private 5G, public 5G, and Wi-Fi 6 to ensure seamless and cost-effective connectivity.
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Conclusion
The Private 5G Network Market is poised for rapid expansion as industries prioritize security, speed, and automation. With growing investments from governments and enterprises, coupled with advancements in AI, IoT, and edge computing, the market is set to revolutionize connectivity across various sectors. Businesses that adopt private 5G early will gain a competitive advantage in the digital era, unlocking new efficiencies and innovations.
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#Private 5G Network Market#Private 5G Network Market Growth#Private 5G Network Market Trends#Private 5G Network Market Scope
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Wireless Data Radio Modem Market Analysis Forecast till 2032
Wireless Data Radio Modem Market size was valued at USD 527.87 Million in 2021 and is projected to reach USD 739.30 Million by 2030, growing at a CAGR of 3.82% from 2023 to 2030.
The competitive analysis of the Wireless Data Radio Modem Market offers a comprehensive examination of key market players. It encompasses detailed company profiles, insights into revenue distribution, innovations within their product portfolios, regional market presence, strategic development plans, pricing strategies, identified target markets, and immediate future initiatives of industry leaders. This section serves as a valuable resource for readers to understand the driving forces behind competition and what strategies can set them apart in capturing new target markets.
Market projections and forecasts are underpinned by extensive primary research, further validated through precise secondary research specific to the Wireless Data Radio Modem Market. Our research analysts have dedicated substantial time and effort to curate essential industry insights from key industry participants, including Original Equipment Manufacturers (OEMs), top-tier suppliers, distributors, and relevant government entities.
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Market Segmentations:
Global Wireless Data Radio Modem Market: By Company • Adeunis • Atim Radiocommunications • Campbell Scientific • Cohda Wireless • Encom Wireless • Harris Corporation • Intuicom • Pro4 Wireless • Advantech B+B Smartworx • Freewave Technologies • Microhard Systems • Pacific Crest • Digi International • Woods & Douglas • Simrex Corporation • MotoRola Solutions • Satel OY • Arada Systems • Javad Gnss • Schneider Electric • GE Grid Solutions • Harxon Corporation • ABB Global Wireless Data Radio Modem Market: By Type • Short Range • Long Range Global Wireless Data Radio Modem Market: By Application • SCADA & Telemetry • Precision Farming • Transportation
Regional Analysis of Global Wireless Data Radio Modem Market
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Wireless Data Radio Modem market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
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Key Report Highlights:
Key Market Participants: The report delves into the major stakeholders in the market, encompassing market players, suppliers of raw materials and equipment, end-users, traders, distributors, and more.
Comprehensive Company Profiles: Detailed company profiles are provided, offering insights into various aspects including production capacity, pricing, revenue, costs, gross margin, sales volume, sales revenue, consumption patterns, growth rates, import-export dynamics, supply chains, future strategic plans, and technological advancements. This comprehensive analysis draws from a dataset spanning 12 years and includes forecasts.
Market Growth Drivers: The report extensively examines the factors contributing to market growth, with a specific focus on elucidating the diverse categories of end-users within the market.
Data Segmentation: The data and information are presented in a structured manner, allowing for easy access by market player, geographical region, product type, application, and more. Furthermore, the report can be tailored to accommodate specific research requirements.
SWOT Analysis: A SWOT analysis of the market is included, offering an insightful evaluation of its Strengths, Weaknesses, Opportunities, and Threats.
Expert Insights: Concluding the report, it features insights and opinions from industry experts, providing valuable perspectives on the market landscape.
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[210 Pages Report] The wireless data radio modem market was valued at USD 557.6 Million in 2017 and is expected to reach USD 724.1 Million by 2023, at a CAGR of 4.03% during the forecast period.
#Wireless Data Radio Modem Market#Wireless Data Radio Modem Market Share#Wireless Data Radio Modem Market Analysis#Wireless Data Radio Modem Market Trends#Wireless Data Radio Modem Market Forecast
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Worldwide Wireless Data Radio Modem Industry Growth and Market Segmentation 2018 - 2023: Ozone Market Reports
Ozone Market Reports projects that the Wireless Data Radio Modem market size will grow from in 2017 to by 2023, at an estimated CAGR of . The base year considered for the study is 2017, and the market size is projected from 2018 to 2023.
The growth of this market is fueled by the growing demand for radio modems in agricultural drones and surveys, dominance of radio modems in SCADA and telemetry applications, and low operational costs and more power-efficiency of private radio networks using radio modems. By Market Players: Adeunis , AtimRadiocommunications , Campbell Scientific , Cohda Wireless , Encom Wireless , Harris Corporation , Intuicom , Pro4 Wireless , Advantech B+B Smartworx , Freewave Technologies , Microhard Systems , Pacific Crest , Digi International , Woods & Douglas , Simrex Corporation , MotoRola Solutions , Satel OY , Arada Systems , JavadGnss , Schneider Electric , GE Grid Solutions , Harxon Corporation , ABB, By Application General-Purpose Data Modem, By Operating Range Short Range, Long Range,
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The prime objective of this report is to help the user understand the market in terms of its definition, segmentation, market potential, influential trends, and the challenges that the market is facing. Deep researches and analysis were done during the preparation of the report. The readers will find this report very helpful in understanding the market in depth. The data and the information regarding the market are taken from reliable sources such as websites, annual reports of the companies, journals, and others and were checked and validated by the industry experts. The facts and data are represented in the report using diagrams, graphs, pie charts, and other pictorial representations. This enhances the visual representation and also helps in understanding the facts much better.
Points Covered in The Report: The points that are discussed within the report are the major market players that are involved in the market such as manufacturers, raw material suppliers, equipment suppliers, end users, traders, distributors and etc. The complete profile of the companies is mentioned. And the capacity, production, price, revenue, cost, gross, gross margin, sales volume, sales revenue, consumption, growth rate, import, export, supply, future strategies, and the technological developments that they are making are also included within the report. The historical data from 2012 to 2017 and forecast data from 2018 to 2023. The growth factors of the market is discussed in detail wherein the different end users of the market are explained in detail. Data and information by manufacturer, by region, by type, by application and etc, and custom research can be added according to specific requirements. The report contains the SWOT analysis of the market. Finally, the report contains the conclusion part where the opinions of the industrial experts are included.
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Key Reasons to Purchase To gain insightful analyses of the market and have comprehensive understanding of the global market and its commercial landscape. Assess the production processes, major issues, and solutions to mitigate the development risk. To understand the most affecting driving and restraining forces in the market and its impact in the global market. Learn about the market strategies that are being adopted by leading respective organizations. To understand the future outlook and prospects for the market. Besides the standard structure reports, we also provide custom research according to specific requirements.
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Ozone Market Reports is a research-based consulting firm specializing in getting research inputs and using them appropriately in the marketing planning process. In saying this, we are trying to convey that we always attempt to interpret the research data from the viewpoint of recommending action priorities - both short-term and long-term. To this end, we have put together a team that understands not only research techniques, but also branding concepts in depth. We believe our people are our clients' biggest assets hence we do our best to recruit multi-skilled individuals, and then give them an environment where they can think and ideate freely.
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#Wireless Data Radio Modem Market#Wireless Data Radio Modem Market Size#Wireless Data Radio Modem Market Share#Wireless Data Radio Modem Market Demand#Wireless Data Radio Modem Market Analysis#Wireless Data Radio Modem Market Segmentation#Wireless Data Radio Modem#Ozone Market Reports
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Wireless RAN Market Demand By Manufacturers, Countries, Type and Application, Forecast to 2030
TheWireless RAN Market report gives a comprehensive analysis of the industry, including essentials such as the industry chain’s structure and implementations. In addition, this report highlights the key driving factors, constraint, opportunities, and challenges in the market. The Wireless RAN Market report delivers market status from the reader’s point of view, providing certain market stats and business intuitions. The global Wireless RAN Market industry includes historical and futuristic data related to the industry. The study report on the Wireless RANmarket uses primary and secondary research methodologies to provide accurate data to its readers. In order to completely evaluate the market and key players. Analysts have also used SWOT analysis and Porter’s five forces analysis.
The Global Wireless RAN Market Is Expected To Grow At A CAGR Of 8.6% To Reach USD 31.6 Billion During The Forecast Period 2022-2030.
Wireless: The Radio Access Network (RAN) makes sure that radio sites manage their resources together and lets them give radio access. Its main job is to connect the user's equipment to the network's core. When a device connects wirelessly to the core network, the radio access network sends its signal to many endpoints. The signal travels with traffic from different networks. It is scalable, flexible, and saves energy because it is a new wireless idea. As a result, they are used in transmission infrastructure, baseband processing resources, shared cell sites, radio spectrum, and other end uses like telecommunications, aerospace, defense, data centers, medical service providers, industrial, etc. The global wireless RAN market is growing a lot and will keep growing a lot over the next few years.
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Top Key Players:
AT&T Mobility, Ericsson, Huawei, Nokia, ZTE, Samsung, and Others.
Strategic Market Developments:
In February 2019, MaxLinear Inc. announced the release of its next-generation quad RF transceivers, the MxL1500 and MxL1600, for 5G wireless infrastructure. These transceivers help provide high system integration, wide bandwidth with high performance and wide system flexibility. With their low power consumption features, both transceivers create high deployments in wireless infrastructure radios.
In February 2019, Signalchip announced the release of semiconductor chips for 5G NR modems. The company has launched the SCRF4502, a 2x2 transceiver specifically designed for the 5G NR standard. These transceivers are optimally designed to deliver high performance in support of evolving network architectures.
Market Segmentation:
By Type
Broadcast Radio
Cellular Radio
Other
By Application
Healthcare
Automotive
Consumer Electronics
Defence
Industries
Others
Regional Analysis: –
Major regions covered in the report include North America, Asia Pacific, Europe, East and Africa, and South America. In addition, the report provides country level analysis for 25+ major countries including US, Germany, UK, Japan, China, India, UAE, South Korea, South Africa, and Brazil. Regional analysis provides regional as well as country level information about the market highlighting the dynamics of the market by various segments covered in the report.
The Asia-Pacific region is expected to grow a lot in the global wireless RAN market, from 2022 to 2030. In 2020, it will have a 36.5% share. The wireless RAN market in the region is growing because of how much money is being spent on research and development and how the consumer electronics market is growing. Also, factors like the growing number of smartphone users and the increase in digitization have helped the market for wireless RAN grow quickly. The growth of the wireless RAN market has also been affected by how much money mobile companies in China have spent on developing infrastructure for 5G base stations.
Key Highlights of the Report:
Market Study: It includes key market segments, key manufacturers covered, the scope of products offered in the years considered, global Wireless RAN Market and study objectives. Additionally, it touches the segmentation study provided in the report on the basis of the type of product and applications.
Market Executive summary: This section highlights the key studies, market growth rate, competitive landscape, market drivers, trends, and issues in addition to the macroscopic indicators.
Market Production by Region: The report delivers data related to import and export, revenue, production, and key players of all regional markets studied are covered in this section.
Market Profile of Top leading competitors: Analysis of each Wireless RAN market player profiled is detailed in this section. This segment also provides SWOT analysis, products, production, value, capacity, and other vital factors of the individual player.
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Table of Contents:
1 Market Overview 2 Market Competition by Manufacturers 3 Production and Capacity by Region 4 Global Wireless RAN Market Consumption by Region 5 Production, Revenue, Recent development 6 Consumption Analysis by Application 7 Key Companies Profiled 8 Wireless RAN Market Manufacturing Cost Analysis 9 Marketing Channel, Distributors and Customers 10 Market Dynamics 11 Production and Supply Forecast 12 Consumption and Demand Forecast 13 Forecast by Type and by Application (2023-2030) 14 Research Finding and Conclusion
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Satellite Communication Market Manufacturers Global Industry Analysis, Size, Share, Growth, Trends, And Forecast, 2021-2031
Satellite Communication (SATCOM) Market Research Report: Information by Product (SATCOM Transponder, SATCOM Transceiver, SATCOM Antenna, SATCOM Modem, and SATCOM Receiver), Technology (SATCOM VSAT, SATCOM Telemetry, SATCOM Automatic Identification System (AIS), SATCOM-On-the-Move by MRFR
Market Forecast
The satellite communication (SATCOM) market is projected to register a CAGR of 8.44% between 2021 and 2027. SATCOM is used for the transmission of information from one place to another with the aid of a satellite that orbits around the Earth. SATCOM is employed for a wide range of mobile applications, including communication to aircraft, ships, vehicles, and hand-held terminals, as well as for TV and radio broadcasting.
The increasing deployment of small satellites, growing demand for high-speed Internet, and rising adoption of maritime VSAT are primarily driving the market's growth. Additionally, increasing demand for small form factor SATCOM solutions and frequent launches of military satellitesare driving the global market's growth.
Globally, military spending has increased significantly in recent years. Factors such as ongoing conflicts in the Middle East & Africa, long-standing tensions, territorial disputes between countries in Asia-Pacific, and a focus on counterterrorism activities are prompting governments to strengthen their defense capabilities. Moreover, the nature of warfare has changed significantly over the past decade. It is transforming from being weapon-centric to technology-centric. Thus, a rise in military spending directly boosts the demand for advanced defense systems, covering everything from aircraft and weapons to satellites.
Currently, military forces and defense organizations around the world are using satellites. Satellites can carry payloads, offering voice or data communication and optical imagery. These features offer several benefits in communication, intelligence, surveillance, and reconnaissance. Moreover, the launch of these satellites is increasing over the last few years. In 2019, the US Air Force launched its 10th military communication satellite. Furthermore, the US Space Force is working with the UK on military space projects and looking into further areas of cooperation, including small satellites, space deterrence and reduction of on-orbit space debris, satellite communications, and launch. Therefore, the increasing defense expenditure & frequent launches of satellites for military application is expected to drive the growth of the global satellite communication market during the forecast period.
Market USP
Increasing need for advanced satellite communication for rapidly advancing communications industry
Key Players Operating in the Global Satellite Communication (SATCOM) Market:
Inmarsat plc (UK)
Honeywell International Inc. (US)
L3Harris Technologies, Inc. (US)
Indra Sistemas, S.A. (Spain)
General Dynamics Mission Systems, Inc. (US)
Cobham Plc (UK)
Viasat Inc. (US)
Iridium Satellite Communications Inc. (US)
Qualcomm Technologies, Inc. (US)
Gilat Satellite Networks (Israel)
Segmental Analysis
By Product
The SATCOM transponder segment is expected to grow at the highest rate: The SATCOM transponder segment is expected to registerthe highest CAGR during the forecast period, 2021 to 2027. Additionally, the segment dominated the market in 2020. The growth can be attributed to the several advantages that the SATCOM transponders have to offer, such as flexibility, complete control over a specific system, and the capability for sustaining new and developed applications.
The SATCOM transceiver segment accounted for a significant market share in 2020: The SATCOM transceiver segment held a considerable market share in 2020. This can be ascribed to the technological advancements in the SATCOM transceiver and their abundant use in wireless communications.
The SATCOM antenna segment generated considerable revenues in 2020: The SATCOM antenna segment accounted for significant revenues in 2020. The growth can be attributed to the growing number of new players engaged in SATCOM antenna manufacturing and their extensive use in military and commercial applications.
The SATCOM modem segment is expected to grow at a significant rate: The SATCOM modem segment is likely to register a notable CAGR during the forecast period, 2021 to 2027. New product launches in the segment are one of the primary reasons for the expected growth during the review period.
The SATCOM receiver segment is likely to account for a significant market share: The SATCOM receiver segment is likely to account for a substantial market share in the coming years during the conjectured period. The rising adoption of unmanned aerial vehicles (UAVs) and unmanned vehicles is expected to drive the growth of this segment. Additionally, technological advancements aimed towards the enhancement of the efficiency of SATCOM receivers are likely to propel the growth of the segment in the global market.
By End Use
The commercial segment is expected to witness the higher growth rate: The commercial segment is forecasted to witness significant growth, registering the higher CAGR during the forecast period. Telecommunications, data communication, and TV programming through cable or Direct-To-Home (DTH) programming are some of the most popular applications of SATCOM commercially. Furthermore, satellite imagery is also in demand commercially to provide consumers up-to-date, high-resolution imagery, some common applications being Google Maps, Google Earth, and others.
SATCOM also plays a crucial role in the development of 5G technology. Satellite communications are critical to expanding 5G cellular networks to remote and hard-to-reach places, including planes, trains, boats, and other vehicles, especially in areas of the world that cellular providers have traditionally been unable to reach.
The government & defense segment accounted for a significant market share in 2020: The government & defense segment held a considerable market share in 2020. There are several applications of SATCOM in government and military initiatives. SATCOM services are used in case of national disasters and emergencies when land-based communication serves do not function properly. With the help of mobile satellite products, communication can be reestablished in emergency areas. Furthermore, several government initiatives utilize SATCOM services.Moreover, SATCOM plays a crucial role in the defense sector. Clear, reliable, and secure between the troops on the field and in command centers is vital and can be achieved only through the utilization of SATCOM equipment.
Full Report @ https://www.marketresearchfuture.com/reports/satellite-communication-market-8466
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5g ICs Market Size Forecast to Reach $58.3 Billion by 2026
The Global 5G ICs market size is forecast to reach $58.3 billion by 2026, growing at a CAGR of 25.4% from 2021 to 2026. Growing demand for high-speed internet services supporting broad network coverage, increasing adoption for cellular IoT connections and rise in mobile data traffic overtime attributes to the growth of 5G ICs market. With the surge of COVID-19 pandemic, there is significant growth towards work from home activities, driving the need for high-speed bandwidth cellular networks like 5G modems, routers and others. Additionally, growing investments towards 5G smartphone and high adoption of advanced technologies like IoT, AI and others have also emerged as the major factors driving its market growth. PCB designing using gallium nitrides with higher power density over silicon have been propelling its deployment in 5G radio frequency solutions due to smaller form factors. Rising investments towards connected vehicles, smart healthcare services, factory automation and others will propel the need for high speed wireless communication, driving the market growth forward.
5G ICs Market Segment Analysis- By Type
Millimeter Wave Integrated Circuit (mmWave IC ) segment is analyzed to grow with the highest CAGR of around 9.5% in the global 5G ICs market during 2021-2026. Factors such as high transmission quality, security, and others have been attributing towards its wider deployment of across demanding applications including smart hospitals, industrial manufacturing, connected cars and others. Due to its capability of offering high bandwidth requirements, adoption of 5G mmWave have been facing significant rise over the years, creating potential of delivering application areas be it augmented reality, cloud gaming, autonomous guided vehicles and others, as a part of improving digitization and connectivity. According to recent studies conducted by IndustryARC, mmWave spectrum have started becoming more widely available within countries such as US, Italy, Japan, Finland and South Korea with a number of other countries on the way to follow up in the coming time, further propelling the demand for 5G mmWave integrated circuits or chipsets. In June 2021, MixComm Inc. announced about the launch of a 5G mmWave frond-end IC, named SUMMIT 3741. This mmWave IC is capable of operating at frequency range of 37-41GHz alongside integration with power amplifiers, low-noise amplifiers, beam-formers, power telemetry, high-speed SPI control and others, serving optimal partitioning required for 5G infrastructures. Such developments are further set to boost the market growth of 5G mmWave ICs in the long run.
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5G ICs Market Segment Analysis- By End Users
Automotive sector is analyzed to account for the highest CAGR of around 7.2% in the global 5G ICs market during 2021-2026. Automotive sector has been facing rapid evolution overtime along with technological advances with the high proliferation of 5G, IoT and artificial Intelligence with others. Usage of 5G cellular technology for serving automotive application areas including fleet management, navigation, vehicle to everything (V2X) communication and others have been growing significantly, impacting the need for 5G ICs. High investments towards R&D activities related to connected vehicles, self-driving cars, and others can be considered vital in driving the market growth for 5G ICs in the long run. Since low end field programmable array have been already popular for use in automotive applications, its potential of being power efficient, makes it an ideal choice for building constituents of 5G infrastructure. Deployment of 5G chipsets help the automotive manufacturers to enhance vehicular communication standards through supporting low latency high bandwidth data transmission, ensuring increased driving safety for the consumers. In August 2020, one of the leading automakers, General Motors had revealed about its plans of launching vehicles with 5G connectivity, for its Chinese consumers, beginning from the year 2022. This initiative by the company was taken as a part of its update towards providing faster connection for remote or over-the-air, updates and communications with other connected vehicles or infrastructures. Such factors are analyzed to enable technologies including autonomous vehicles and advanced driver-assist systems, depending majorly on requirements like high connectivity and advanced mapping with additional sensors or radars, thereby propelling the need for 5G ICs in the coming years.
5G ICs Market Segment Analysis- By Geography
APAC region is analyzed to witness the highest growth in the global 5G ICs market with a CAGR of around 11.4% during the forecast period 2021-2026. Rising adoption of advanced technologies like IoT, artificial intelligence and others, growing demand for high speed network connectivity overtime across various countries and shift towards smart automation across various end-use sectors have been attributing towards the market growth of 5G ICs within the region. Growing penetration of mobile devices, increasing investments towards the development of 5G network infrastructures along with high R&D activities related to 5G smartphones can be considered as prime factors anticipated to drive the market forward. According to IANS (Indo-Asian News Service), average traffic per smartphone user within India attributed to 14.6GB per month in 2020, in comparison to 13GB per month in 2019. Also, as per IANS report 2021, there will be nearly 330 million 5G smartphone subscriptions over the next five years, showing a rise of around 26% of mobile subscriptions within the country. With such predictions ahead, 5G smartphones penetration will be significantly growing in India, contributing towards the demand for 5G ICs in the long run. High investments from key market players including MediaTek Inc., Samsung Electronics Co. Ltd and others towards R&D activities will further boost the market growth. In February 2021, MediaTek announced about the launch of a 5G modem, named M80, capable of combining both mmWave as well as sub-6 GHz 5G technologies within a single chip. This was done in order to support ultra-fast speeds on standalone as well as non-standalone architectures, with a peak rate upto 7.67 Gbps and 3.76 Gbps for downlink and uplink respectively, thereby analyzed to drive the market forward for meeting more reliable connection requirements in the long run.
5G ICs Market Drivers
Growing investments towards development of 5G smartphones:
Growing investments towards development of 5G smartphones can be considered as one of the major drivers boosting the growth of 5G ICs market. With technological advances overtime and trends such as increasing demand for high speed internet connectivity, faster network coverage and others have helped the smartphone manufacturers to shift towards 5G technology. With increasing market competition as well as rising use of mobile services, the need for developing 5G smartphones to meet consumer expectations is also impacted significantly. Development of these smartphones will eventually drive the need for semiconductor integrated circuits, due to requirements like growing demand for high bandwidth, data storage, faster mobile connectivity and many more. Major Smartphone manufacturing companies such as Vivo, Samsung, Realme, Xiaomi and many others have already started investing on 5G smartphones to expand its customer base within the consumer electronics markets. In June 2021, Realme announced about its plans of launching a 5G smartphone at a price under Rs. 10,000 by the next year. Owing to this plan, the company had revealed about investing over Rs 2,100 crore (around USD 300 million) towards 5G research and development alongside setting up seven R&D centres across various locations including India. Such investments from key smartphone vendors overtime is further set to drive the demand for embedded device chipsets like 5G ICs in the long run.
Increasing adoption of advanced technologies such as IoT, AI and others drives the market forward:
Increasing adoption of advanced technologies such as IoT, AI, and others is analyzed to be one of the major drivers in the market growth of 5G ICs. With surge of connected and smart devices across enterprises to enhance digitalization, there is higher adoption of advanced technologies be it IoT, AI and so on. Leveraging 5G technology helps in supporting a massive number of static as well as mobile IoT devices, in order to serve a broad range of requirements including high speed, bandwidth as well as quality of service. Usage of 5G integrated chipsets have been facing wider adoption across various end-use markets for supporting high-performance use cases like smart cities, industrial IoT, smart healthcare and so on. Since 5G technology act as a scalable and efficient solution for IoT or AI enabled devices to connect at higher speeds, making data streaming, transmission and storage, driving faster wireless connectivity. In April 2021, Vodafone Idea Ltd. Had revealed about the launch of a 5G ready IoT solution, consisting of connectivity, hardware, analytics, networks, application, security as well as support, as a part of serving enterprises digitize their businesses. Such factors are analyzed to boost the growth towards 5G ICs within various connectivity solutions and hardware in the long run.
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5G ICs Market Challenges
High costs related to IC designing, manufacturing or fabrication process:
High costs related to IC designing, manufacturing or fabrication process act as a major factor restraining the market growth of 5G ICs. Since 5G technology is still undergoing improvements alongside adoption of 4G technology being there in the markets, high costs associated with it significantly slows down its adoptability. Since the chip designers need to combine advantages such as low power consumption, high bandwidth support, network performance optimization and so on, which require skilled labour and expertise to handle its designing complexities, thereby adding to the overall operational costs for the manufacturers. Due to its high manufacturing costs, 5G chipsets incorporated within various applications, including smartphones, smart devices and many others eventually raises the purchasing costs for the consumers as well, which significantly hampers the growth of such 5G devices, adversely impacting the growth of 5G ICs.
5G ICs Market Landscape
Product launches, partnerships and R&D activities are key strategies adopted by players in the 5G ICs market. 5G ICs top 10 companies include Qualcomm, Skyworks Solutions Inc., MediaTek Inc., Xilinx Inc., Qorvo, Samsung Electronics Co. Ltd., Broadcom Inc., Marvell Technology Inc., Analog Devices Inc. and Intel Corporation among others.
Acquisitions/Technology Launches/Partnerships
In March 2021, Samsung Electronics and Marvell had jointly developed a SoC in order to enhance 5G network performance. Designing of this SOC was meant to help implementation of new technologies, which can improve cellular radios through increasing capacity and coverage, while reducing power consumption as well as size.
In February 2021, Qualcomm Technologies Inc. announced about the launch of a fourth-generation 5G modem-to-antenna solution, named Snapdragon X65 5G Modem-RF System. This development was done in order to support fastest 5G speeds currently available combined with fibre-like wireless performance serving ultimate network flexibility, capacity as well as coverage.
Key Takeaways
Growing investments towards development of 5G smartphones with increasing adoption of advanced technologies such as IoT, AI and others is analyzed to drive the 5G ICs market during 2021-2026.
5G mmWave IC market is anticipated to grow with the highest CAGR during the forecast period, for serving high bandwidth requirements across applications like augmented reality, autonomous guided vehicles and others.
APAC is analyzed to account for the fastest-growing region during 2021-2026, due to the growing demand for high speed network connectivity, shift towards smart automation and others.
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Private 5G Network Market Size, Share, Analysis, Forecast, and Growth Trends to 2032: Disrupting Traditional Wireless Networks
Private 5G Network Market is experiencing rapid transformation driven by increasing demand for ultra-reliable, low-latency communication and enhanced data security across industries. Enterprises across manufacturing, energy, logistics, and healthcare are increasingly shifting towards private 5G networks to gain more control, reliability, and bandwidth compared to public alternatives. As digital transformation accelerates, the market is witnessing adoption from both large corporations and mid-sized enterprises aiming to future-proof operations with smart automation, AI, and IoT integrations.
Private 5G Network Market continues to expand as organizations seek scalable, high-speed solutions to support mission-critical operations. Governments and regulatory bodies are also actively promoting private network deployments to enhance national digital infrastructure and support Industry 4.0 goals. With the convergence of cloud computing, edge networks, and AI, private 5G networks are becoming integral in unlocking industrial productivity and data-driven decision-making.
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Market Keyplayers:
Nokia (AirScale Baseband, Digital Automation Cloud)
Ericsson (Ericsson Private 5G, Radio Dot System)
Huawei Technologies (5G CPE Pro, 5G Core Network)
Qualcomm Technologies, Inc. (FSM100xx Platform, Snapdragon X75 5G Modem)
Samsung Electronics Co., Ltd. (Compact Core, Massive MIMO Solutions)
Cisco Systems, Inc. (Cisco Ultra-Reliable Wireless Backhaul, Catalyst 5G Routers)
ZTE Corporation (5G Radio Access Network, ZTE's Digital Core)
Juniper Networks, Inc. (Mist AI for 5G, Contrail Networking)
Dell Technologies (Dell EMC PowerEdge Servers, Dell Open RAN Solutions)
Hewlett Packard Enterprise (HPE) (HPE Edge Orchestrator, HPE Aruba)
Market Analysis
The private 5G network market is characterized by high strategic collaborations, innovation-driven investments, and a rising number of pilot deployments across industrial sectors. Telecommunications providers, network equipment vendors, and hyperscalers are forming key partnerships to address diverse enterprise needs. With increasing spectrum liberalization and availability of shared or unlicensed bands, the entry barriers for private 5G deployment are lowering, enabling broader market participation.
Verticals such as manufacturing, ports, energy, mining, and smart campuses are early adopters capitalizing on private 5G to replace legacy connectivity models. These sectors benefit from enhanced control over latency, bandwidth, and data sovereignty, which are vital in process automation and remote operations.
Market Trends
Increased adoption of Industry 4.0 initiatives driving demand for private networks
Expansion of enterprise edge computing accelerating network customization
Surge in spectrum allocation for private use by regulatory bodies
Collaboration between telecom operators and cloud providers
Rising focus on cybersecurity integration in 5G architecture
Emergence of network-as-a-service models for SMEs
Greater investment in Open RAN for flexible and cost-effective deployments
Market Scope
High Precision Operations: Supporting robotics, drones, and real-time analytics
Secure Enterprise Communication: Enabling data isolation and regulatory compliance
Mission-Critical Applications: Empowering industries with uninterrupted connectivity
Campus-Wide Coverage: Suitable for industrial parks, ports, and remote facilities
Vertical-Centric Customization: Tailored solutions for specific industry needs
The scope of private 5G is not limited to large enterprises. As the ecosystem matures, SMEs are gaining access through network slicing and service-based models, expanding the total addressable market. With a focus on low-latency, high-throughput, and reliable connections, the technology is reshaping how organizations design their operational infrastructure.
Market Forecast
The private 5G network market is poised for a dynamic growth trajectory driven by digital-first enterprise strategies and technological maturity. Ongoing innovation, robust regulatory frameworks, and increasing awareness about the benefits of private networks are setting the stage for widespread global adoption. Market players are actively investing in R&D, infrastructure partnerships, and ecosystem development to cater to diverse business environments and accelerate time-to-market. As deployments scale from pilot to production, the market is expected to evolve into a mainstream pillar of enterprise connectivity strategies.
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Conclusion
Private 5G is no longer a futuristic concept—it’s today’s strategic asset for enterprises looking to unlock efficiency, security, and innovation. As industries navigate the complexities of digital transformation, private 5G networks offer a robust foundation for growth, agility, and resilience.
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Radio Modem Market Trends, Revenue, Major Players, Share Analysis & Forecast Till 2027
Reports and Data has recently published a novel report on global Radio Modem market, forecast to 2027 to offer a comprehensive analysis of the Radio Modem industry and help the user, investor and reader understand the market dynamics and make investment plans accordingly. The report offers in depth information about market size, revenue growth, drivers, restraints, opportunities, challenges and top companies. The report is obtained through extensive primary and secondary research and is thoroughly checked by experts in the industry. Various analytical tools such as Porter’s Five Force analysis and SWOT analysis in the report.
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Market Dynamics:
The FMCG industry is rapidly expanding in terms of revenue over the recent years and is expected to register significant revenue growth over the forecast period. High revenue growth is attributed to factors such as increasing disposable income, rising awareness about consumption of healthy food and increasing preference for organic food and food products. Improvements in standard of living, rapidly expanding population across the globe and high demand for top quality food is fueling market growth. Moreover, increasing trend of veganism, high demand for plant based food products, probiotic drinks and other health drinks is also fueling market growth.
Competitive Landscape:
The report sheds light on details about each market player along with the company overview, global standing, financial status, business expansion plans and license agreement. The major players operating in the market are adopting various strategies such as partnerships, R&D investments, mergers and acquisitions, collaborations, joint ventures to expand their product base and gain robust footing in the market.
Key companies operating in the global Radio Modem market and profiled in the report include:
· Adeunis RF
· Arada Systems, Inc.
· ATIM Radiocommunications
· Autotalks Ltd.
· B&B Electronics Manufacturing Co.
· Campbell Scientific Inc.
· Cohda Wireless
· Kapsch TrafficCom AG
· Motorola Solutions, Inc.
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The report also sheds light on the market segmentation based on type, application and region:
By Type (Revenue, USD Million; Volume in Tons, 2017–2027)
· License Free
· UHF
· Wi-Fi
· VHF
By Application Type (Revenue, USD Million; Volume in Tons, 2017–2027)
· Point to Point
· Point to Multipoint
Radio Modem Market Segmentation based on Regions:
· North America
o U.S.
o Canada
o Mexico
· Europe
o Germany
o U.K.
o Italy
o France
o BENELUX
o Rest of Europe
· Asia Pacific
o China
o India
o Japan
o South Korea
o Rest of APAC
· Latin America
o Brazil
o Rest of LATAM
· Middle East & Africa
o Saudi Arabia
o U.A.E.
o South Africa
o Rest of MEA
Key points addressed in the report:
· Global Radio Modem market report offers insights on market share, drivers, constraints, limitations and opportunities
· Precise information about beneficial investment approaches key trends, technological developments, gross profit of leading companies and investments in research and development activities
· New strategies adopted by new and emerging players in the global Radio Modem market
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Radio Modem Market Size, Share, Growth Opportunity and Trends by Growing CAGR till 2026
The global Radio Modem Market report offers a comprehensive assessment of the market for the forecast years. The report contains several segments and an analysis of the market trends and growth factors that are playing a vital role in the market. These factors encompass the drivers, restraints, and opportunities. This globe industry offers an outlook on the strategic development of the market in terms of revenue profits over the forecast period 2021-2026.
The key market players for the global Radio Modem market are listed below:
Digi
Westermo
RACOM
Campbell Scientific
Advantech B+B SmartWorx
SATEL
ATIM
Raveon Technologies
RF DataTech
Warwick Wireless
Radiometrix
ADEUNIS RF
Others
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The Global Radio Modem Market Report is equipped with market data from 2016 to 2026. The report gives a market overview covering key drivers and risk factors. The report is bifurcated by top global manufactures mentioning sales, revenue, and prices as applicable. It also evaluates the competitive scenario of the leading players. The report expands to cover regional market data along with type and application. The report forecasts sales and revenue from 2021 to 2026. The detailed sales channel is also covered in the study.
COVID-19 Impact Analysis on Radio Modem Market
The global pandemic COVID-19 has affected the Radio Modem market directly or indirectly. This study covers a separate section giving an explicitly clear understanding of the aftereffects of this pandemic. The detailed study highlights the probable outcomes of this global crisis on the Radio Modem industry. The impact study on production, supply-demand, and sales provides a holistic approach to the future.
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Why Purchase this Report?
A robust research methodology has been followed to collect data for the report. Data, thus collected passes through multiple quality checks to ensure the best quality is served.
The report gives a holistic view of the competitive scenario of the Radio Modem market
The latest product launches along with technological changes and development are covered in the report.
The data analysis in the report helps in understanding the anticipated Radio Modem market dynamics from 2021 to 2026.
DecisionDatabases has a vast repository of data, therefore, we can accommodate customized requirements also.
The graphs, tables and pie charts, and info-graphics covered in the report will help in a better understanding of the report.
The market drivers, restraints, upcoming opportunities, and anticipated restraints cited in the report will assist in making an informed decision.
To better understand the market scenario, the Radio Modem market is segmented as below:
By Types:
License-Free frequency
UHF
Wi-Fi
VHF
By Applications:
Government & Defense
Transportation
Electronic and Electricity
Mining & Oil
Others
By Regions:
North America (U.S., Canada, Mexico)
Europe (U.K., France, Germany, Spain, Italy, Central & Eastern Europe, CIS)
Asia Pacific (China, Japan, South Korea, ASEAN, India, Rest of Asia Pacific)
Latin America (Brazil, Rest of L.A.)
The Middle East and Africa (Turkey, GCC, Rest of Middle East)
The content of the study subjects includes a total of 14 chapters:
Chapter 1: To describe Radio Modem product scope, market overview, market opportunities, market driving force, and market risks. Chapter 2: To profile the top manufacturers of Radio Modem, with price, sales, revenue, and global market share of Radio Modem in 2018 and 2019. Chapter 3: The Radio Modem competitive situation, sales, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast. Chapter 4: The Radio Modem breakdown data are shown at the regional level, to show the sales, revenue, and growth by region, from 2015 to 2020. Chapter 5 and 6: To segment the sales by type and application, with sales market share and growth rate by type, application, from 2015 to 2020. Chapter 7, 8, 9, 10 & 11: To break the sales data at the country level, with sales, revenue, and market share for key countries in the world, from 2016 to 2021 and Radio Modem market forecast, by regions, type, and application, with sales and revenue, from 2021 to 2026. Chapter 12, 13 & 14: To describe Radio Modem sales channel, distributors, customers, research findings and conclusion, appendix, and data source.
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#Radio Modem Market#Radio Modem Market Report#Radio Modem Market Size#Radio Modem Market Share#Radio Modem Market Growth
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#Global Wireless Data Radio Modem Market Size#Share#Trends#Growth#Industry Analysis#Key Players#Revenue#Future Development & Forecast 2023-2032
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Global Radio Modem market analysis major competitor and strategies regional outlook 2020 to 2027
The Global Radio Modem Market Report provides an in-depth analysis of the market by assessing the growth trends, products, applications, end-user segment, historical data, and information obtained through interviews of industry experts. This market intelligence report includes a comprehensive evaluation of the market, discussing the value, volume, size, share, growth rate, key trends, demand & supply ratio, gross revenue, competitive landscape, regional analysis, manufacturers, product types, and end-user applications to give a 360° overview of the global Radio Modem Market. The study provides key information pertaining to the different elements that are propelling or restraining the growth of the sector. It draws accurate forecasts to estimate the prospective growth of the overall business.
This document gives the latest information on the ongoing COVID-19 pandemic and its aftermath. The coronavirus pandemic has massively affected every aspect of the global industry and has resulted in various changes in the market scenario. The ever-evolving business landscape and the initial and future assessment of the impact are also examined in the report. The report discusses the significant aspects of the market and includes expert opinions on the current status, along with historical data.
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Global Radio Modem Market: Competitive Landscape
Global Radio Modem Market: Leading Participants
Adeunis RF
Arada Systems, Inc.
ATIM Radiocommunications
Autotalks Ltd
B&B Electronics Manufacturing Co.
Campbell Scientific Inc.
Cohda Wireless
Kapsch TrafficCom AG
Motorola Solutions, Inc.
Start-up traction
In 2017, Intel Corporation introduced the Commercial 5G New Radio Modems. This new radio modem supported 2G, 3G, and 4G.
In 2014, Intuicom Inc. launched in the market new wireless data solutions named Intuicom RTK Bridge-X. This solution holds a built-in Wi-Fi hotspot functionality that connects it to the Wi-Fi devices like laptops, tablets, and smartphones.
Deals Analysis
In 2015, Lear acquired Arada Systems.
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Segmentation Analysis
Global Radio Modem Market: Segmentation
By Type (Revenue, USD Million; Volume in Tons, 2017–2027)
License Free
UHF
Wi-Fi
VHF
By Application Type (Revenue, USD Million; Volume in Tons, 2017–2027)
Point to Point
Point to Multipoint
Regions covered in the Report:
North America (the US, Mexico, and Canada)
Asia Pacific (China, Japan, India, and Rest of Asia Pacific)
Europe (Germany, the UK, France, and Rest of Europe)
Latin America (Brazil and Rest of Latin America)
Middle East & Africa (GCC Countries and Rest of Middle East & Africa)
The report includes an extensive study of Radio Modem Market manufacturers, strategic initiatives adopted by major companies, growth prospects, market position, and shares held by key participants to provide readers a comprehensive overview of the competitive landscape. The report also studies strategic initiatives undertaken by major companies in the market, including product launches, product innovation, and technological development, to strengthen their position in the market. It also studies notable business events, including collaborations, mergers and acquisitions, joint ventures, partnerships, and brand promotions.
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Key questions answered:
Which of these regions – North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, dominates market share?
What is the outcome of the COVID-19 Impact Analysis performed in the report?
What are the revenue estimations for every region in the Radio Modem Market?
What is the current market valuation of each region and the estimated market size by the end of the forecast period?
What is the projected growth rate of the global Radio Modem Market?
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Multi-Mode Chipset Market Outlook 2027 Opportunity and Growth Analysis with Top Key Vendors
The global multi-mode chipset market was valued at around US$ 4,509.7Mn in 2017 and is anticipated to register a stable CAGR of over 11% during the forecast period 2018 to 2026, according to a new report published by Transparency Market Research (TMR) titled “Multi-Mode Chipset Market” – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026.” increasing deployment of LTE networks, rapid technological advancement in the field of cellular connectivity, and growing popularity of devices that support 5G NR with integrated gigabit LTE has increased the penetration and growth of the multi-mode chipset market globally. The market in North America is expanding at a significant CAGR of 11.9% on the backdrop of numerous technological innovations in cellular connectivity and increasing popularity of smartphones.
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Increasing Deployment of LTE networks to Drive Market Growth
The growing necessity for wireless communication networks offering high capacity and speed has increased the deployment of LTE networks. Various telecommunication operators across the world are deploying advanced LTE networks in order to deliver seamless mobility, low latency, high efficiency, over-the-air encryption, and improved bandwidth support. Telecom operators from North America are continuously taking efforts to introduce advanced technologies such as LTE and 5G to improve the speed of connectivity in order to meet the increasing consumer demand for high speed data networks. In February 2017, Qualcomm Technologies, Inc. announced the expansion of “Qualcomm Snapdragon X50 5G” modem family to include 5G New Radio (NR) multi-mode chipset solutions to address a wide range of use cases and deployment scenarios. Key trends prevalent in the multi-mode chipset market are multi-mode chipsets for smart devices, 5G technology devices, miniaturized multi-mode chipsets, and multi-mode chipsets with IoT connectivity.
Smartphone Segment to Dominate the Global Multi-Mode Chipset Market
The application segment is divided into smartphones, tablets, wearable devices and others. Smartphones segment is anticipated to dominate the market owing to growing popularity of smartphones around the globe. Various technological advancements such as high speed data networks and emergence of 5G are shaping the future communications on mobiles. These factors are expected to boost the growth of the multi-mode chipset market. Smartphone segment is anticipated to expand at the highest CAGR of 11.6% during the forecast period 2018 to 2026. Wearable devices segment is projected to expand at a significant CAGR over the forecast period owing to the growing adoption of wearable devices for various activities such as health fitness tracking, sports, and vehicle tracking.
Growing Adoption of Multi-Mode Chipset due to Technological Advancements in Cellular Connectivity and increasing Penetration of 5G Devices in China, India, South Africa, Brazil, and Taiwan to Create More Opportunities in the Market
Geographically, the global multi-mode chipset market is divided into five major geographical regions, including North America, Europe, Asia Pacific, South America, and Middle East &Africa. In 2017, North America was the topmost revenue generating region followed by Asia Pacific. Telecom operators from North America are continuously taking efforts to introduce advanced technologies such as LTE and 5G to improve the speed of connectivity in order to meet the continuously increasing consumer demand for high speed data networks. The U.S. held the highest market share in 2017 in North America and is estimated to expand at a considerable CAGR during the forecast period. The market in Europe is anticipated to grow at a significant CAGR during the forecast period owing to the increasing deployment of technologically advanced chipsets for smart devices. The multi-mode chipset market in Asia Pacific is further expected to grow at the highest CAGR of 13.2% over the forecast period. Factors such as growing technological innovations and increasing adoption of devices that support 5G network are expected to drive the Asia Pacific multi-mode chipset market. Middle East & Africa and South America are expected to expand at a substantial pace due to the growing investments in the development of cellular connectivity in the regions.
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Key Players Such as Intel Corporation, Qualcomm Technologies Inc., and Samsung Group are Likely to Continue to Lead the Global Multi-Mode Chipset Market
The company profiling of key players in the global multi-mode chipset market includes company overview, major business strategies adopted, SWOT analysis, and market revenues for years 2016 to 2018. The key players profiled in the global multi-mode chipset market includes HiSilicon Technologies Co. Ltd., Intel Corporation, Qualcomm Technologies Inc., Samsung Group, MediaTek, Spreadtrum Communications, Marvell Technology Group, Altair Semiconductor Inc., Broadcom Corporation, and GCT Semiconductor Inc. Various players are establishing partnerships to provide technologically advanced multi-mode chipsets on a large scale in order to meet the continuous increasing demand for high speed data networks.
The global multi-mode chipset market is segmented as follows:
Global Multi-Mode Chipset Market, by Application
Smartphones
Tablets
Wearable Devices
Others
Global Multi-Mode Chipset Market, by Geography
U.S.
Canada
Rest of North America
The U.K.
Germany
France
Rest of Europe
China
Japan
India
Rest of Asia Pacific
GCC
South Africa
Rest of Middle East &Africa
Brazil
Rest of South America
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GPS TRACKER MARKET ANALYSIS (2018-2026)
GPS tracking devices are used for tracking the movements any person or vehicles, which help in determining the exact location of the assets. This information is stored in the tracking unit, which are further transmitted to a central location database by using a cellular devices, radio, or satellite modem embedded in the unit.
Increasing adoption of Internet of Things (IoT) and Cloud Technology is one of the major factors driving growth of the market
One of the major factors attributed to growth of the market is advancement in Internet of Things (IoT) and cloud technology due to increasing penetration of internet users across the world. For instance, according to the Internet World Stats, in June 2017, total Internet users were reported to be 3.88 billion among global population of 7.52 billion. Moreover, according to the Coherent Market Insights’ analysis, the number of Internet of things (IoT) connected devices was US$ 17.72 billion in 2016, and it has increased to US$ 20.38 billion, worldwide. Integration of IoT and cloud technology provides facility to install the GPS tracking device in any location such as office, home, and many more, which further increases security of physical assets placed in the residential and business. This device allows users to monitor individual, animals, vehicles, or any object in real time, which in turn makes communication rapid and faster between devices and users along with high accuracy, precision, and reliability. Moreover, GPS tracking also helps the organizations to run smoothly and timely which in turn, organizations to keeps customers satisfied with accurate time frames and scheduling. Hence, this factor is expected to propel growth of the GPS tracker market during the forecast period (2018-2026) However, sometimes GPS tracker fails to perform in bad weather conditions such as heavy rainfall, snowfall, and others, which is expected to restrain growth of the GPS tracker market over the forecast period (2018 - 2026).
Global GPS Tracker Market: Segment Trends
Among deployment type, commercial vehicles segment accounted for the largest market share in 2017, and expected to hold the largest market share in the global GPS tracker market during the forecast period (2018 to 2026). The factor attributed to growth of the market is increasing sales of commercial vehicles worldwide. For instance, according to The Organisation Internationale des Constructeurs d'Automobiles (OICA), in 2015 the sales of commercial vehicles was 23.3 million and it has grown up to 24.3 million in 2016. Hence, this factor will further increase the installation of GPS tracker in the commercial vehicles as this GPS tracker help in reducing the fuel consumption by tracking the miles of the vehicles and it also identify the shortest path of the route which further help in eliminating unnecessary fuel expenses.
Global GPS Tracker Market: Regional Insights
The GPS tracker market in Asia Pacific region is expected to exhibit the highest CAGR during the forecast period of 2018 to 2026. The factor attributed to market growth is increasing stringent government regulations along with increase in production of vehicles in emerging economies such as India and China. For instance, according to the International Organization of Motor Vehicle Manufacturers (OICA), the production of commercial vehicles in India in 2016 was 4.51 million and it has grown to 4.78 million in 2017. According to a press release of Autocar pro, a leading semiconductor manufacturing company, in January 2018, the Ministry of Road Transport and Highways (MoRTH) had mandated the installation of GPS tracking devices and panic button to all the passengers transport vehicles, which further helps in improving safety of individuals who utilise passenger transport vehicles. Therefore, stringent government norms will inadvertently increase the installation of GPS tracker in the vehicles, which in turn is driving growth of the market in this particular region.
Global GPS Tracker Market: Competitive Landscape
Major player operating in the global tracker GPS market include Orbcomm Inc., Laird PLC., Teltonika UAB, Geotab Inc., Sierra Wireless, Inc., Queclink Wireless Solutions Co., Ltd, Tomtom International Bv, Rilapp Technology Inc., Calamp Corporation, and Shenzhen Concox Information Technology Co.
The key players of the market are adopting new product development strategy in order to gain competitive edge in the market. For instance, in November 2016, the Rilapp Technologies launched the R-locator GPS tracking devices. The facilities included in system are real time tracking, ignition detection, engine cut-off, distance calculation, speed monitoring, movement monitoring, in build battery backup for electricity failure, in build memory for historical data upload under different circumstances, and others.
Global GPS Tracker Market: Taxonomy
By Product Type
Standalone Tracker
Convert GPS Trackers
Advance Tracker
By Components
GPS Loggers
Personal GPS Tracker
Real Time GPS Tracker
By Deployment Type
Commercial Vehicle
Cargo & Container
By Tracking Devices
Satellite
Cellular
By Verticals
Transportation & Logistics
Construction
Oil & Gas
Metals & Mining
Government
Others (Education, Retail, Hospitality, Agriculture, and Health care)
By Region
North America
Europe
Asia Pacific
Latin America
Middle East
Africa
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