About Very Small Aperture Terminal (VSAT)
A very small aperture terminal (VSAT) is a two-way ground station that transmits and receives data from satellites. A VSAT is less than three meters tall and is capable of both narrow and broadband data to satellites in orbit in real-time. The data such as audio, video, etc., can be sent and received. Therefore, VSAT is considered to be a private Earth Station. This Earth Station is designed in a way such that the signals are transmitted and received with the help of satellites. The bridging the gap between wired and wireless connectivity in the modern world. Whether its keeping businesses connected, providing vital services in remote areas, or enabling communication during emergencies, VSAT technology continues to play a crucial role in our global ecosystem. The driven by increasing demand, technological advancements, and expanding applications. While there are challenges to overcome, the future looks bright for VSAT as it becomes a key enabler for connectivity in a diverse range of sectors.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The VSAT market is highly competitive, with a mix of established players and new entrants vying for market share. The major players are competing on factors such as price, network coverage, service quality, and value-added services. New entrants are often focused on niche markets or offering innovative solutions that address specific customer needs. The VSAT market is a promising one with significant growth potential. The key players are well-positioned to capitalize on this growth, but they will need to continue to innovate and adapt to stay ahead of the competition. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Very Small Aperture Terminal (VSAT) market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
GILAT SATELLITE NETWORKS. (Israel), Harris Cap Rock (United States), Bharti Airtel Limited (India), Hughes Network Systems, LLC. (United States), Norsat International Inc. (Canada), KVH Industries, Inc. (United States), Intelsat S.A. (Luxembourg), China Satellite Communications Co., Ltd. (China), Avanti Communication (United Kingdom) and Hughes Network Systems (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Viasat Inc. (United States), Telesat (Canada), Hispasat (Spain), SKY Perfect JSAT Corporation (Japan) and Eutelsat (France).
Segmentation Overview
AMA Research has segmented the market of Global Very Small Aperture Terminal (VSAT) market by Type (Handheld/portable and Mobile), Application (Broadband & Data Network, Voice Communication, Private Network Services and Others) and Region.
On the basis of geography, the market of Very Small Aperture Terminal (VSAT) has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
If we see Market by , the sub-segment i.e. will boost the Very Small Aperture Terminal (VSAT) market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.Influencing Trend:
The increasing use of managed VSAT services
Market Growth Drivers:
Increased demand of connectivity and Growing adoption of cloud based applications
Challenges:
High cost of equipment and installation
Restraints:
Rising cyber security & Data Breaches
Opportunities:
Advancements in satellite technology and Rising need of Telemedicine in remote locations
Market Leaders and their expansionary development strategies
In May 2023, Viasat Inc. acquired Inmarsat. This Aquisition enhances scale and scope to continue to drive growth in the increasingly dynamic and competitive satellite communications industry and offering a wider range of services and increased coverage for customers worldwide.
In December 2023, Viasat Inc. launched Business Choice Internet Service Plans to cater to the connectivity requirements of small and medium enterprises. This launch provides businesses access to reliable connectivity that can reach up to 100 Mbps download speeds coast to coast and 150 Mbps in some selected areas.
Key Target Audience
Remote Enterprises, Government & Military, Maritime & Aviation, Mobile Network Operators, Market Research & Consultancy Firm, Potential Investors and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.