The global general purpose data modem market is estimated to grow at a significant CAGR during the forecast period. A modem encodes digital information for transmission by modulating one or more carrier wave signals, and then demodulates signals to decode the sent data. The goal is to create a signal that can be simply conveyed and accurately decoded to recreate the original digital data. Modems can be used with practically any analogue signal transmission method, including light-emitting diodes and radio. A standard modem can convert the computer digital data to a modulated electrical signal to transmit it over telephone lines that are then demodulated by a different modem at the receiver end to recover the digital data.
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An increase in the demand for wireless radio modems in the industrial and commercial sectors, as well as increased use of wireless data radio modem in surveillance, aerial photography, search and rescue operations in law enforcement, along with rising use of drones for a variety of agricultural applications such as spraying fertilisers, pesticides, and other applications, are all major factors driving the market growth. Furthermore, an increase in the need for telemetry and SCADA applications along with developing technological advancements will create new opportunities for the global wireless data radio modem market in the forecast period.
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The increased availability of substitutes such as LoRa, Sigfox, and others, as well as maintaining consistent speed, are among the significant reasons obstructing market expansion and posing further challenges to the wireless data radio modem market throughout the forecast period.
Market Coverage
- The market number available for – 2020-2027
- Base year- 2020
- Forecast period- 2021-2027
- Segment Covered-
o By type
o By Application
- Competitive Landscape: Intuicom (US), SATEL OY (Finland), Motorola Solutions (US), Schneider Electric (France), Digi International among others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominates the market in base year?
- Which segment and region will project fastest growth in the market?
- How COVID-19 impacted the market?
o Recovery Timeline
o Deviation from pre-COVID forecast
o Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global General Purpose Data Modem Market by Segments,
By Type
- General-Purpose Data Modem
- UAV Drone Data Modem
By Application
- SCADA & Telemetry
- Precision Farming
- Transportation
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