Very Small Aperture Terminal Market Size to Reach USD 8.09 Billion by 2034, at a CAGR of 10.00%| PMR

New York, USA, Dec. 11, 2024 (GLOBE NEWSWIRE) — Market Overview

According to a recent report by Polaris Market Research, the size of the global Very Small Aperture Terminal Market is expected to expand at a CAGR of 10.00%, from USD 3.13 billion in 2024 to USD 8.09 billion by 2034.

Market Introduction

A very small aperture terminal (VSAT) is a small earth station that sends and receives data, voice, and video signals via a satellite communications network. VSATs are used for a variety of applications, including broadband data, narrowband data, satellite Internet, data transfer, and mobile internet. They are one of the most integral parts of the telecommunication industry. VSATs consist of two parts, that is an outdoor transceiver and an indoor device. The transceiver is located outdoors and has a direct line of sight to the satellite. The indoor device connects the transceiver to the end user’s communication device, such as a computer. VSATs are used in numerous industries, including maritime and aviation, where continuous connectivity is critical and highly valued.

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Key Insights from Report

• Factors influencing the future growth of the Very Small Aperture Terminal Market include advancements in satellite technology, the rise of high-throughput satellites (HTS), and the increasing integration of VSAT systems with terrestrial networks to improve global communication coverage.
• The Very Small Aperture Terminal Market segmentation is based on type, solution, platform, frequency, and end use, and region.
• The standard VSAT segment, based on the type, holds the largest market share in 2024 owing to its widespread use in many industries.
• By region, the report provides market insights into Asia Pacific, Europe, North America, Latin America, and the Middle East & Africa.

VSAT Market Scope

Growth Drivers of Very Small Aperture Terminal Market

Expanding use of High-Throughput Satellites (HTS)

The Very Small Aperture Terminal Market is rapidly shifting toward the use of High-Throughput Satellites (HTS). HTS adoption is being driven by the growing demand for high-speed internet connectivity in remote and underserved areas, as well as the need for more robust communication networks in industries such as maritime, aviation, and defense.

Increasing Demands in Aviation and Maritime Sectors

The aviation and maritime industries are increasingly reliant on VSAT systems for communication, driven by rising demand for high-speed, dependable connectivity at sea and in the air. The maritime sector, in particular, requires reliable communication channels for maritime satellite communication, resulting in increased deployment of VSAT solutions. Thus, the growing maritime and aviation sectors are expected to drive the Very Small Aperture Terminal Market growth.

Incorporation with Terrestrial Networks
By combining the benefits of satellite and terrestrial infrastructures, the integration of satellite communication systems with terrestrial networks improves connectivity and ensures more dependable and comprehensive coverage. As a result, integration with terrestrial networks will drive future market growth.

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List Of Market Leaders in Very Small Aperture Terminal Market

• Comtech Telecommunications Corp.
• Singtel
• Eutelsat
• Thaicom Public Company Limited
• L3Harris Technologies
• ST Engineering iDirect
• KVH Industries Hughes
• Network Systems
• Viasat Inc.
• Cobham SATCOM
• Gilat Satellite Networks
• SES S.A.
• Intelsat
• Iridium Communications

Geographical Analysis

North America has the largest market share, owing to the strong presence of key market players, advanced technological infrastructure, and high demand for dependable communication networks in industries such as military, maritime, and enterprise. Furthermore, the presence of a well-established defense sector in the United States, which extensively employs VSAT systems for secure communication, contributes to North America’s dominant position in the global very small aperture terminal (VSAT) market.

Asia Pacific is one of VSAT’s fastest-growing markets, driven by increased demand for broadband connectivity and communication solutions in remote and underserved areas. The region’s expanding maritime and aviation sectors are also increasing the demand for robust satellite communication networks, which is fueling the Asia Pacific market growth. Furthermore, the growing emphasis on disaster management and emergency communication in disaster-prone areas of Asia Pacific drives the deployment of VSAT systems throughout the region.

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Very Small Aperture Terminal Market Segmentation

By Type Outlook

• Standard VSAT
• USAT

By Solution Outlook

• Equipment
• Support Services
• Connectivity Services

By Platform Outlook

• Land VSAT
• Maritime VSAT
• Airborne VSAT

By Frequency Outlook

• Ku-Band
• Ka-Band
• X-Band
• C-Band
• L-Band
• S-Band
• Multi-Band

By End Use Outlook

• Broadband & Data Networks
• Voice Communications
• Private Network Services
• Broadcast
• Others

By Regional Outlook

• North America
• Europe
  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Netherlands
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • Malaysia
  • South Korea
  • Indonesia
  • Australia
  • Vietnam
  • Rest of Asia Pacific
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Israel
  • South Africa
  • Rest of Middle East & Africa
• Latin America
  • Mexico
  • Brazil
  • Argentina
  • Rest of Latin America

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