The global satellite modem market is expected to grow significantly in the coming years, with a projected CAGR of 6.7% from 2022 to 2028. The market is driven by the increasing demand for high-speed data transfer and the growing adoption of satellite communication in various industries.

The satellite modem market can be segmented based on channel type, technology, end-user, and regional outlook. In terms of channel type, the market can be divided into single-channel per carrier (SCPC) and multiple-channel per carrier (MCPC). The SCPC segment is expected to dominate the market due to its high efficiency and reliability.

In terms of technology, the market can be segmented into time division multiple access (TDMA), frequency division multiple access (FDMA), and code division multiple access (CDMA). The TDMA segment is expected to hold the largest market share due to its ability to efficiently manage bandwidth and provide high-speed data transfer.

Based on end-user, the market can be segmented into aerospace and defense, government, telecommunication, maritime, and others. The aerospace and defense segment is expected to dominate the market due to the increasing demand for satellite communication in military operations and surveillance.

Geographically, the market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is expected to hold the largest market share due to the presence of major players in the region and the increasing adoption of satellite communication in various industries.

The key players in the satellite modem market include ORBCOMM Inc., ViaSat Inc., Gilat Satellite Networks Ltd., Newtec Cy N.V., Comtech EF Data Corporation, Datum Systems Inc., Advantech Wireless, and NovelSat. These players are focusing on product innovation and strategic partnerships to expand their market share.

In conclusion, the global satellite modem market is expected to witness significant growth in the coming years due to the increasing demand for high-speed data transfer and the growing adoption of satellite communication in various industries. The market can be segmented based on channel type, technology, end-user, and regional outlook. The key players in the market are focusing on product innovation and strategic partnerships to expand their market share.