Market Overview:
The global very small aperture terminal (VSAT) market is expected to grow from USD 5.27 billion in 2018 to USD 10.06 billion by 2030, at a CAGR of 7.92% during the forecast period. The growth of the VSAT market can be attributed to the increasing demand for broadband services and rising number of satellite-based applications across the globe. Based on type, the wireline network segment is expected to hold a larger share of the VSAT market during the forecast period. This can be attributed to factors such as low installation and maintenance costs, high bandwidth capacity, and easy upgradability offered by wireline networks compared with wireless networks.
Product Definition:
Very Small Aperture Terminal (VSAT) is a type of satellite terminal used for two-way communication purposes. VSATs are typically small and relatively low in cost, making them ideal for use in rural and remote areas. VSATs can provide broadband internet access, voice and video communications, and other services.
Wireline Network:
Wireline network is a telecommunication network that delivers voice, video and data services through dedicated cables between the service provider's facilities and customers. The global wireline market is expected to grow at a CAGR of XX% from 2016 to 2024.
The very small aperture terminal (VSAT) market has been growing rapidly due to its increasing demand in corporate offices, education centers, healthcare facilities and other such establishments which require high-speed data transfer for their operations.
Wireless Network:
Wireless network and its usage in Very Small Aperture Terminal (VSAT) market is a new term which has gained popularity over the past few years. It is used for providing mobile broadband access to fixed locations such as offices, institutions, etc. The wireless technology used in VSAT market provides high-speed data connectivity up to 5 GHz band with small size terminals such as routers, laptops and tablets.
Application Insights:
The global very small aperture terminal (VSAT) market has been segmented on the basis of application into broadband, maritime, satellite backhaul, government & military operations, and oil & gas communications. The satellite backhaul segment is expected to witness significant growth over the forecast period owing to its use in supporting large-scale deployment of 5G services. The demand for VSATs is anticipated to increase with an increasing number of users and growing data traffic across communication networks.
The broadband segment dominated the overall industry in terms of revenue share in 2016 as well as volume share over the past few years.
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and is expected to continue its dominance over the forecast period. The region has witnessed a significant increase in demand for satellite backhaul, broadband and other small aperture terminals (SATs) used for oil & gas exploration activities. Moreover, increasing government investments in infrastructure development are anticipated to fuel the growth of Very Small Aperture Terminal (VSA) deployment across various sectors such as defense & security, transportation & logistics, healthcare among others.
North America emerged as one of the prominent regional markets owing to early acceptance by service providers regarding V2X technology implementation on Very Small Aperture Terminals (VSAT). Furthermore, growing adoption of VSAT technologies such as Ka-band systems is further propelling industry growth across this region. Europe also held a considerable share due to early acceptance by service providers regarding V2X technology implementation on Very Small Aperture Terminals (VSAT).
Growth Factors:
- Increasing demand for satellite-based broadband services: The increasing demand for high-speed internet access and the growing popularity of streaming video are among the major factors that are driving the demand for satellite-based broadband services. This is expected to create a significant growth opportunity for Very Small Aperture Terminal market in the coming years.
- Proliferation of small satellites: The development of low-cost small satellites is another key factor that is expected to fuel the growth of Very Small Aperture Terminal market in the coming years. These satellites offer several advantages over traditional large satellites, including lower cost and faster deployment time, which is likely to boost their adoption in near future.
- Growing number of telecommunication service providers: The proliferation of telecommunication service providers across different regions is another key factor that is anticipated to drive the growth of Very Small Aperture Terminal market in next few years. These service providers are increasingly adopting advanced technologies such as VAST terminals to offer better quality services to their customers at competitive prices.
Scope Of The Report
Report Attributes
Report Details
Report Title
Very Small Aperture Terminal Market Research Report
By Type
Wireline Network, Wireless Network
By Application
Broadband, Maritime, Satellite Backhaul, Government & Military Operations, Oil & Gas Communications, Others
By Companies
Gilat Satellite Networks, Speedcast, Hughes Network Systems, Inmarsat, KVH Industries, ViaSat, VT IDirect, Cambium Networks, Comtech Telecommunications, Emerging Markets Communications, Gigasat, GomSpace, Imtech Marine, Mitsubishi Electric, ND Satcom, Newtec
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
214
Number of Tables & Figures
150
Customization Available
Yes, the report can be customized as per your need.
Global Very Small Aperture Terminal Market Report Segments:
The global Very Small Aperture Terminal market is segmented on the basis of:
Types
Wireline Network, Wireless Network
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Broadband, Maritime, Satellite Backhaul, Government & Military Operations, Oil & Gas Communications, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Gilat Satellite Networks
- Speedcast
- Hughes Network Systems
- Inmarsat
- KVH Industries
- ViaSat
- VT IDirect
- Cambium Networks
- Comtech Telecommunications
- Emerging Markets Communications
- Gigasat
- GomSpace
- Imtech Marine
- Mitsubishi Electric
- ND Satcom
- Newtec
Highlights of The Very Small Aperture Terminal Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Wireline Network
- Wireless Network
- By Application:
- Broadband
- Maritime
- Satellite Backhaul
- Government & Military Operations
- Oil & Gas Communications
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Very Small Aperture Terminal Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Very Small Aperture Terminal (VSAT) is a satellite terminal that provides broadband services to small and medium-sized businesses. VSAT terminals are designed for remote locations where fiber optic cable or other high-bandwidth transmission infrastructure is not available.
Some of the key players operating in the very small aperture terminal market are Gilat Satellite Networks, Speedcast, Hughes Network Systems, Inmarsat, KVH Industries, ViaSat, VT IDirect, Cambium Networks, Comtech Telecommunications, Emerging Markets Communications, Gigasat, GomSpace, Imtech Marine, Mitsubishi Electric, ND Satcom, Newtec.
The very small aperture terminal market is expected to register a CAGR of 7.92%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Very Small Aperture Terminal Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Very Small Aperture Terminal Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Very Small Aperture Terminal Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Very Small Aperture Terminal Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Very Small Aperture Terminal Market Size & Forecast, 2020-2028
4.5.1 Very Small Aperture Terminal Market Size and Y-o-Y Growth
4.5.2 Very Small Aperture Terminal Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Wireline Network
5.2.2 Wireless Network
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Broadband
6.2.2 Maritime
6.2.3 Satellite Backhaul
6.2.4 Government & Military Operations
6.2.5 Oil & Gas Communications
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Very Small Aperture Terminal Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Very Small Aperture Terminal Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Wireline Network
9.6.2 Wireless Network
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Broadband
9.10.2 Maritime
9.10.3 Satellite Backhaul
9.10.4 Government & Military Operations
9.10.5 Oil & Gas Communications
9.10.6 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Wireline Network
10.6.2 Wireless Network
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Broadband
10.10.2 Maritime
10.10.3 Satellite Backhaul
10.10.4 Government & Military Operations
10.10.5 Oil & Gas Communications
10.10.6 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Wireline Network
11.6.2 Wireless Network
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Broadband
11.10.2 Maritime
11.10.3 Satellite Backhaul
11.10.4 Government & Military Operations
11.10.5 Oil & Gas Communications
11.10.6 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Wireline Network
12.6.2 Wireless Network
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Broadband
12.10.2 Maritime
12.10.3 Satellite Backhaul
12.10.4 Government & Military Operations
12.10.5 Oil & Gas Communications
12.10.6 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Wireline Network
13.6.2 Wireless Network
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Broadband
13.10.2 Maritime
13.10.3 Satellite Backhaul
13.10.4 Government & Military Operations
13.10.5 Oil & Gas Communications
13.10.6 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Very Small Aperture Terminal Market: Competitive Dashboard
14.2 Global Very Small Aperture Terminal Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Gilat Satellite Networks
14.3.2 Speedcast
14.3.3 Hughes Network Systems
14.3.4 Inmarsat
14.3.5 KVH Industries
14.3.6 ViaSat
14.3.7 VT IDirect
14.3.8 Cambium Networks
14.3.9 Comtech Telecommunications
14.3.10 Emerging Markets Communications
14.3.11 Gigasat
14.3.12 GomSpace
14.3.13 Imtech Marine
14.3.14 Mitsubishi Electric
14.3.15 ND Satcom
14.3.16 Newtec
