Press release
Very Small Aperture Terminal Market Growth Trends & Competitive Analysis 2021-2026Inmarsat, Singtel, Viasat, Gilet Satellite networks, X2NSat and ST Engineering
The very small aperture terminal market is projected to observe tremendous growth over the coming years due to the rising need for advanced satellite-based communication systems across for a plethora of application avenues. These systems are used for numerous indoor and outdoor applications to facilitate high-speed broadband services for business activities throughout the aerospace, naval, and maritime industries, which would majorly fuel the VSAT market outlook in the near future.Moreover, growing penetration of smartphones across the world is expected to majorly foster the demand for VSAT services, thereby augmenting the market outlook through the analysis period. In fact, according to a report by Pew Research Center, about six in every ten people from developed countries like Poland, Greece, and Russia use smartphones. Likewise, nine out of ten people in highly-developed countries South Korea, Netherlands, and Israel use smartphones. This rapidly increasing adoption of smartphones should positively impel the very small aperture terminal market outlook.
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In terms of platform, the adoption of stabilized VSAT terminals for airborne platforms such as UAVs, military aircrafts, and commercial aircrafts has increased rapidly. The need for delivering video/audio and data services in numerous airborne platforms with high bandwidth capacity is further increasing VSAT terminals adoption.
In terms of application, the video broadcasting segment is likely to witness substantial growth by the end of the analysis timeline. The visual broadcasting requirement between & across geographically isolated remote headquarters and outstations is fueling the adoption of VSAT terminals. Moreover, telecommunication companies leverage remote VSAT systems in order to generate high speed internet connectivity for broadcasting visual information. For instance, KVH Industries Inc., a leading communications and equipment company, offers advanced VSAT-based video streaming service.
On the regional front, Europe is likely to hold nearly 30% of the global very small aperture terminal market share by the end of the forecast time period. This can be ascribed to the fact that the region houses a well-established aerospace and defense industry along with strategic partnerships among satellite communication companies.
Market players in the very small aperture terminal market are collaborating with other companies to offer better services as well as increase their customer base and increase their revenues. Taking February 2019 for instance, Thuraya Telecommunications, a UAE based mobile satellite provider partnered with ITC Global, to deliver Ku-band VSAT as well as L-band in one integrated solution.
The competitive landscape of the global very small aperture terminal market is inclusive of players such as Singtel, Orbit Communication System, Norsat International Inc., Newtec, Marlink, L3Harris, KVH Industries, Inmarsat, Hughes Network System, Honeywell, Gilet Satellite networks, General Dynamics, and Cobham among others.
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Partial Chapter of the Table of Content
Chapter 6. Very Small Aperture Terminal Market, By Terminal
6.1. Key trends, by terminal
6.2. Single Channel Per Carrier (SCPC)
6.2.1. Market estimates and forecast, 2015 - 2026
6.3. Time Division Multiplexing (TDM)
6.3.1. Market estimates and forecast, 2015 – 2026
6.4. Time Division Multiple Access (TDMA)
6.4.1. Market estimates and forecast, 2015 - 2026
Chapter 7. Very Small Aperture Terminal Markets, By Application
7.1. Key trends, by application
7.2. Video Broadcasting
7.2.1. Market estimates and forecast, 2015 - 2026
7.3. Data transfer
7.3.1. Market estimates and forecast, 2015 – 2026
7.4. Private network
7.4.1. Market estimates and forecast, 2015 - 2026
7.5. Voice communication
7.5.1. Market estimates and forecast, 2015 - 2026
7.6. Others
7.6.1. Market estimates and forecast, 2015 – 2026
Browse full table of contents (TOC) of this report @ https://www.gminsights.com/toc/detail/very-small-aperture-terminal-vsat-market
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Global Market Insights, Inc.
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