Inflated Adoption of Enterprise VSAT Market to Fuel Revenue Growth During the Forecast Period
Very small aperture terminal (VSAT) is a satellite-based communication system serving home and business users. VSAT is a small earth station which receives and transmits real-time data through satellite. VSAT transmits narrow broadband signal to orbital satellites and then from satellites, data is transmitted to various hubs in other location around the globe. VSAT primarily consists of two parts a transceiver, which is placed outdoor in direct line with the satellite and a component which is placed indoors which is interfaced with the transceiver including the end-user’s communication device such as LCD, PC or others. The transceiver exchanges signal with the satellite transponder in the sky. The satellite communicates from a ground station computer which acts as a hub for the system. VSAT handles video, voice and data signals and it benefits the companies to have a complete control on the communication system without relying on the other IT companies. The speed with which the data is transferred in VSAT is greater as compared to the regular telephonic communications. Enterprises include mostly healthcare, telecom, education and retail which have significant usage of VSAT and can be considered to track the global enterprise VSAT market.
Global Enterprise VSAT Market: Drivers and Challenges
Increase in application of satellite services for various vertical applications, cost effective solutions offered and improved quality of service offered through VSAT is enabling the enterprises to opt for VSAT services. The value added services offered through the various VSAT vendors is again aiding the rise in adoption of VSAT by the enterprises. These factors are encouraging the growth in revenue of global enterprise VSAT market.
However, emerging technologies such as high throughput satellite (HTS) technology is among the prime restraints hindering the growth of global enterprise VSAT market.
Global Enterprise VSAT Market: Segmentation
Global enterprise VSAT market can be segmented into component, size of enterprise, end-user application and regions
On the basis of component type, global enterprise VSAT market can be segmented into hardware and services.
On the basis of size of enterprise, global enterprise VSAT market is segmented into small enterprise, medium enterprise and large enterprise.
On the basis of end-user application, global enterprise VSAT market is segmented into healthcare, public sector, government offices and educational institution, BFSI, retail, energy and utility, and other
Global Enterprise VSAT Market: Regional Outlook
On the basis of regions, global enterprise VSAT market can be segmented into North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan, Japan, and Middle East and Africa
North America enterprise VSAT market holds major share in the revenue of global enterprise VSAT market in 2016 and the enterprise VSAT market in this region is projected to experience steady growth during the forecast period. The enterprise VSAT market in Asia Pacific excluding Japan is expected to register high CAGR in the forecast period owing to the government initiative in the countries of this regions to promote the adoption of VSAT services.
Global Enterprise VSAT Market: Competition Landscape
Key vendor in the global enterprise VSAT market include Newtec Enterprises, Telefónica, S.A, Primesys Solucoes Empresariais, Polarsat, Telesat Holdings, Tatanet Services, SkyCasters LLC., SpeedCast, Orion Satellite, and ND SatCom GmbH
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The report covers exhaustive analysis on:
• Enterprise VSAT Market Segments
• Enterprise VSAT Market Dynamics
• Historical Actual Market Size, 2013 - 2015
• Enterprise VSAT Market Size & Forecast 2017 to 2027
• Value Chain
• Enterprise VSAT Market Current Trends/Issues/Challenges
• Competition & Companies involved
• Enterprise VSAT Market Drivers and Restraints
Regional analysis for Enterprise VSAT Market includes development of these systems in the following regions:
• North America
• Latin America
o Rest of Latin America
• Western Europe
o Nordic Countries
o Rest of Western Europe
• Eastern Europe
o Rest of Eastern Europe
• Asia Pacific Excluding Japan
o Australia and New Zealand
o Greater China
o Rest of Asia Pacific excluding Japan
• Middle East and Africa
o GCC Countries
o South Africa
o North Africa
o Rest of Middle East and Africa
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
• Detailed overview of parent market
• Changing market dynamics of the industry
• In-depth market segmentation
• Historical, current and projected market size in terms of value
• Recent industry trends and developments
• Competitive landscape
• Strategies of key players and product offerings
• Potential and niche segments/regions exhibiting promising growth
• A neutral perspective towards market performance
• Must-have information for market players to sustain and enhance their market footprint
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