The global very small aperture terminal (VSAT) market is experiencing significant growth. VSAT technology provides reliable satellite-based communication solutions, facilitating seamless connectivity in remote and underserved areas. The market is driven by increasing demand for high-speed data transfer, internet connectivity, and enterprise networking applications. Technological advancements, cost-effective solutions, and the rising adoption of VSAT in various sectors like telecommunications, maritime, and government contribute to the positive outlook of the market.
Access Full Report @ https://www.databridgemarketresearch.com/es/reports/global-vsat-market
Data Bridge Market Research analyses that the Very Small Aperture Terminal (VSAT) Market is expected to reach the value of USD 15,618,213.07 thousand by 2029 from USD 1,05,71,021.37 thousand in 2021 at a CAGR of 9.5% during the forecast period of 2022 to 2029. The growing need for high-speed internet and data transfer in both urban and remote areas is a key driver of the VSAT market. VSAT technology offers reliable and high-bandwidth connectivity, meeting the demands of businesses, governments, and individuals for seamless communication and access to digital services.
Key Findings of the Study
The expansion of mobile network infrastructure is expected to drive the market's growth rate
The expansion of mobile network infrastructure, particularly the deployment of 4G and upcoming 5G networks, necessitates strong backhaul connectivity. VSAT technology offers an ideal solution for mobile network operators to extend coverage to remote and rural areas, where traditional terrestrial networks are not feasible or cost-effective. VSAT provides reliable and high-bandwidth connectivity, enabling operators to establish backhaul links and support network expansion strategies, ensuring seamless mobile connectivity for users in previously underserved areas.
Report Scope and Market Segmentation
|
Report Metric
|
Details
|
|
Forecast Period
|
2022 to 2029
|
|
Base Year
|
2021
|
|
Historic Years
|
2020 (Customizable to 2014-2019)
|
|
Quantitative Units
|
Revenue in USD Thousand, Volumes in Units, Pricing in USD
|
|
Segments Covered
|
Solution (Equipment, Support Services, Connectivity Services), Platform (Land VSAT, Maritime VSAT, Airborne VSAT), Frequency (Ku-Band, C-Band, Ka-Band, X-Band), Network Architecture (Star Topology, Mesh Topology, Hybrid Topology, Point-To-Point Links), Design (Rugged VSAT and Non-Rugged VSAT), Vertical (Telecommunication, Maritime, Aviation, Government and Defense, Media and Entertainment, Transportation and Logistics, Energy and Power, Mining and Construction, Manufacturing, BFSI, Retail, Automotive, Transportation and Logistics, Healthcare, Education, Agriculture and Forestry and Others), End Use (Broadband/Data Network, Voice Communication, Private Network Service, Broadcast and Others)
|
|
Countries Covered
|
U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, 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), Brazil, Argentina and Rest of South America as part of South America.
|
|
Market Players Covered
|
Singtel (Singapore), Vizocom Company (U.S.), x2nSat (U.S.), C-COM Satellite Systems Inc (Canada), Marlink (France), Thuraya Telecommunications Company (United Arab Emirates), Speedcast (Australia), NSSLGlobal (U.K.), ST Engineering (Singapore), Atos SE (France), Iridium Communications Inc. (U.S.), EchoStar Corporation (U.S.), Orbit Communications Systems Ltd. (Israel), Ultra (U.K.), Nisshinbo Holdings Inc. (Japan), General Dynamics Corporation (U.S.), Honeywell International Inc. (U.S.), Cobham Satcom (U.K.), Thales (France), GILAT SATELLITE NETWORKS (Israel), L3Harris Technologies, Inc. (U.S.), Viasat, Inc. (U.S.), KVH Industries, Inc. (U.S.), CPI International Inc. (U.S.), and Global Invacom (Singapore) among others
|
|
Data Points Covered in the Report
|
In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.
|
Segment Analysis:
The very small aperture terminal (VSAT) market is segmented on the basis of solution, platform, network architecture, frequency, design, vertical, and end use.
- On the basis of the solution, the global very small aperture terminal (VSAT) market is segmented into equipment, support services, and connectivity services. The equipment segment is expected to dominate the global very small aperture terminal (VSAT) market with a CAGR of 8.6% in the forecast period of 2022 to 2029 due to its advanced features, superior performance, and unmatched reliability, making it the dominant choice in the market.
- On the basis of design, the global very small aperture terminal (VSAT) market is segmented into rugged VSAT and non-rugged VSAT. The rugged VSAT segment is expected to dominate the global very small aperture terminal (VSAT) market with a CAGR of 9.8% in the forecast period of 2022 to 2029 due to its extensive coverage, high-speed connectivity, robust reliability, and scalable solutions, providing unparalleled communication capabilities for various industries and remote locations.
In 2022, the rugged VSAT segment is expected to dominate the design segment of the global very small aperture terminal (VSAT) market
In 2022, the rugged VSAT segment is expected to dominate due to its coverage, high speed connectivity, robust reliability, and scalable solutions, the small aperture terminal market offers unmatched communication capabilities for various industries and remote locations with a CAGR of 9.8% in the forecast period of 2022 to 2029
- On the basis of platform, the global very small aperture terminal (VSAT) market is segmented into land VSAT, maritime VSAT, and airborne VSAT. In 2022, the land VSAT segment is expected to dominate the global very small aperture terminal (VSAT) market with a CAGR of 8.7% in the forecast period of 2022 to 2029 due to its exceptional coverage in remote areas, fast and reliable satellite communication, cost-effective deployment, and versatile applications across industries like oil and gas, mining, disaster response, and rural connectivity.
- On the basis of network architecture, the global very small aperture terminal (VSAT) market is segmented into star topology, mesh topology, hybrid topology, and point-to-point links. In 2022, the star topology segment is expected to dominate the global very small aperture terminal (VSAT) market with a CAGR of 10.0% in the forecast period of 2022 to 2029 due to its centralized control, easy scalability, fault tolerance, and efficient data transmission, making it ideal for organizations that prioritize reliability, performance, and simplified management of their network infrastructure.
- On the basis of frequency, the global very small aperture terminal (VSAT) market is segmented into Ku-band, C-band, Ka-band, and X-band. In 2022, the Ku-band segment is expected to dominate the global very small aperture terminal (VSAT) market with a CAGR of 10.1% in the forecast period of 2022 to 2029 due to its advantages such as higher data transmission rates, smaller antenna size, cost-effectiveness, and resistance to rain fade, making it a popular choice for satellite communication, broadcasting, and broadband applications.
- On the basis of end use, the global very small aperture terminal (VSAT) market is segmented into broadband/data networks, voice communications, private network services, broadcast, and others. In 2022, the broadband/data networks segment is expected to dominate the global very small aperture terminal (VSAT) market with a CAGR of 10.0% in the forecast period of 2022 to 2029 due to its ability to deliver high-speed internet access, reliable connectivity, and efficient data transmission, meeting the growing demand for seamless communication, online services, and digital transformation across various industries and consumer applications.
- On the basis of vertical, the global very small aperture terminal (VSAT) market is segmented into telecommunication, maritime, aviation, government and defense, media and entertainment, transportation and logistics, energy and power, mining and construction, manufacturing, BFSI, retail, automotive, healthcare, education, agriculture and forestry, and others. In 2022, the telecommunication segment is expected to dominate the global very small aperture terminal (VSAT) market with a CAGR of 10.7% in the forecast period of 2022 to 2029 due to wide range of services such as voice, data, and internet connectivity, supported by advanced infrastructure, cutting-edge technology, and global reach, ensuring seamless communication worldwide.
In 2022, the telecommunication segment is expected to dominate the vertical segment of the global very small aperture terminal (VSAT) market
In 2022, the telecommunication segment is expected to dominate the global very small aperture terminal (VSAT) market due to a variety of services, including voice, data, and internet connectivity, supported by cutting-edge global radio technology and advanced infrastructure, ensuring seamless communications everywhere a CAGR of 10.7% in the forecast period of 2022 to 2029
Major Players
Data Bridge Market Research recognizes the following companies as the major very small aperture terminal (VSAT) market players in very small aperture terminal (VSAT) market are EchoStar Corporation (U.S.), Atos SE (France), Thales (France), Singtel (Singapore), and L3Harris Technologies, Inc. (U.S.), among others
Market Development
- In 2022, Marlink announced that it has exceeded providing more than 500 Satcom and CIS orders in partnership with Airbus to the EU SatCom Market (ESM) as a framework contract
- In 2022, ST Engineering partnered with NiAT to deliver critical VSAT connectivity and to meet this insatiable demand for internet access utilizing the ST Engineering iDirect Evolution platform
- In 2022, Cobham Satcom entered into partnership with Mangata Networks. The main objective behind this partnership was to strengthen satellite tracking systems and ground infrastructure. Under this partnership, Cobham Satcom agreed to deploy multiple Cobham Satcom 4.0M TRACKER gateway antennas globally.
- In 2021, Orbit Communications Systems Ltd. Acquired Euclid Systems Engineering, a company specialized in the development of smart, lightweight positioners and tracking systems for the defence industries. The motive behind this acquisition was to strengthen the company’s maritime and airborne SATCOM capabilities with the help of Euclid Systems Engineering.
Regional Analysis
Geographically, the countries covered in the very small aperture terminal (VSAT) market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, 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), Brazil, Argentina and Rest of South America as part of South America.
As per Data Bridge Market Research analysis:
North America is the dominant region in very small aperture terminal (VSAT) market during the forecast period 2022-2029
The North America region holds a prominent position in the very small aperture terminal (VSAT) market due to the swift adoption of satellite communication technology and extensive research and development efforts aimed at reducing antenna size. Within North America, the United States takes the lead, primarily driven by the increasing utilization of VSAT in government and defense applications. This trend showcases the significant role of VSAT technology in enhancing communication capabilities for critical sectors.
Asia-Pacific is estimated to be the fastest growing region in the very small aperture terminal (VSAT) market the forecast period 2022-2029
Asia is expected to showcase lucrative growth rates owing to China emerging as the dominant player in the Asia-Pacific region due to its status as the world's largest manufacturing hub for technological products. With its robust manufacturing capabilities, China leads in meeting the demands of various industries in the region.
For more detailed information about the very small aperture terminal (VSAT) market report, click here – https://www.databridgemarketresearch.com/es/reports/global-vsat-market
