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VSAT (Very Small Aperture Terminal) Market Report: Major Key Players, Application, Growth And Analysis, Forecast To 2031
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The global VSAT (very small aperture terminal) market report by the business research company An increase in broadband connections for the internet to be a major growth driver for the VSAT (very small aperture terminal) market. Broadband refers to high-capacity transmission technology that transmits data, voice, and video across long distances and at high speeds. A VSAT is a two-way ground station that transmits and receives data from satellites and this technology is capable of up-linking and down-linking communication signals for both narrow and broadband data to satellites in orbit in real-time. The VSAT technology is used by broadband companies for the internet. For instance, according to data by the Telecom Regulatory Authority of India, a telecommunications sector regulator in India, by the end of June 2020, there were 749 million internet connections. In which 50.8 million are narrowband, and 698.2 million broadband connections. According to Capgemini, a France-biased information technology company, in 2021, there are 82% fixed broadband connections in the US, which is expected to increase 86% of customers in 2025 in the US. Therefore, the increase in broadband connections for the internet is driving the growth of the VSAT market.
The global VSAT (very small aperture terminal) market is expected to grow from $8.17 billion in 2021 to $9.00 billion in 2022 at a compound annual growth rate (CAGR) of 10.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The VSAT (very small aperture terminal) market is expected to reach $13.88 billion in 2026 at a compound annual growth rate (CAGR) of 11.5%.
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Asia Pacific was the largest region in the VSAT (very small aperture terminal) market in 2021. The regions covered in the VSAT (very small aperture terminal) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Major players in the VSAT (very small aperture terminal) market are Orbit Communication Systems Ltd, L3Harris Technologies, Inmarsat Global Limited, Viasat Inc, Gilat Satellite Networks Ltd, Singapore Telecommunications Limited, Embratel, Thales Group, EchoStar Corporation, Harris CapRock, Hughes Network Systems LLC, Telefónica, KVH Industries, ST Engineering iDirect, Atos SE, ST Engineering iDirect, Grintex's Satellite Communications, Vizocom, KVH Industries Inc, OmniAccess SL, Honeywell International Inc and Comtech Telecom
The global VSAT (Very Small Aperture Terminal) Market Is Segmented -
1) By Type: Standard VSAT, USAT
2) By Solution: Equipment, Support Services, Connectivity Services
3) By Platform: Land VSAT, Maritime VSAT, Airborne VSAT
4) By Frequency: Ku-Band, Ka-Band, X-Band, C-Band, L-Band, S-Band, Multi-Band
5) By Verticals: Healthcare, Energy And Power, Education, BFSI, Media And Entertainment, Retail, Transportation And Logistics, Telecommunications, Maritime, Other Verticals
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The VSAT (Very Small Aperture Terminal) Market Report Contents Include
1. Executive Summary
2. VSAT (Very Small Aperture Terminal) Market Characteristics
3. VSAT (Very Small Aperture Terminal) Market Trends And Strategies
4. VSAT (Very Small Aperture Terminal) Market - Macro Economic Scenario
5. VSAT (Very Small Aperture Terminal) Market Size And Growth
.......
26. Africa VSAT (Very Small Aperture Terminal) Market
27. VSAT (Very Small Aperture Terminal) Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The VSAT (Very Small Aperture Terminal) Market
29. VSAT (Very Small Aperture Terminal) Market Future Outlook and Potential Analysis
30. Appendix
This report covers the trends and market dynamics of the VSAT (very small aperture terminal) market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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