The Enterprise VSAT System Market size was valued at USD 7.46 Bn in 2022 and is expected to reach USD 26.41 Bn by 2030, and grow at a CAGR of 17.12% over the forecast period 2023-2030.
The Enterprise VSAT System is a business and residential satellite communication system. VSATs are commonly used to transmit narrowband data such as RFID and credit card point-of-sale transactions. The interface acts as a barrier between the user's device and a transceiver-equipped antenna. Signals are detected and sent by the satellite transponder in the sky. VSAT is designed to transport video, audio, and data communications.
Get more information on Enterprise VSAT System Market - Request Sample Report
It's widely utilized in satellite news gathering, digital audio streaming, data transmission networks, and other applications. This machine is comprised of both hardware and software components. They are utilized in many different industries, including educational institutions, energy and utilities, media and entertainment, retail and consumer items, telecommunications and information technology (IT), and others.
KEY DRIVERS:
Increased use of VSAT technology for crew wellbeing in the oil and gas sector.
In the marine business, there is a greater need for VSAT systems.
The government and commercial sectors have a high need for broadband data connectivity.
Low initial and ongoing expenses
Increased use of USATs for mobile apps.
RESTRAINTS:
Connectivity issues at sea.
Product certification takes a long time.
OPPORTUNITY:
There is an increasing need for VSAT systems to provide telemedicine in remote places.
Increasing demand for self-driving and connected cars.
The usage of ultra-compact Ku-band VSATs for tactical UAVs is growing.
The number of LEO-HTS constellations is increasing.
CHALLENGES:
Concerns about cybersecurity.
Issues with radio spectrum availability.
The ongoing COVID-19 epidemic has spread a shadow over the globe, with a wide range of companies and sectors falling victim, including the worldwide enterprise VSAT market. The rising spread of this lethal virus throughout the Asia-Pacific area, the United States, and Europe has resulted in a drop in demand for enterprise VSAT solutions around the world, resulting in a significant drop in income for various VSAT service providers and suppliers. Equipment shortages, employee shortages in production facilities, factory shutdowns, and late deliveries as a result of international lockdown and social distancing tendencies have all had a detrimental influence on the global corporate VSAT market growth. However, it is predicted to return to normalcy by 2022.
MARKET ESTIMATION:
The VSAT market is divided into three platforms: terrestrial VSAT, marine VSAT, and aerial VSAT. During the forecast period, the rising use of VSAT systems on land-based platforms for effective connectivity is likely to boost the land VSAT sector. On land and land-based platforms, VSATs deliver high-speed connection and broadband solutions. Fixed, portable/manpacks and mobile VSAT are the three types of land VSAT. Basic functions of land-based VSAT terminals include detection, tracking, and reporting. These terminals can also identify unexploded ordnance and tunnels. Land-based VSAT can also track movement near outside walls, as well as essential infrastructure and buildings.
The VSAT market is divided into two types: regular VSAT and USAT (ultra-small aperture satellite terminal). Standard VSATs may transmit either narrowband or broadband data. Transportable, on-the-move, or mobile marine communications are also possible with VSATs. Broadband communication is enabled by USATs in unmanned aircraft systems (UAS) and marine ships.
The VSAT market is divided into end-use segments such as broadband/data networks, voice communications, private network services, broadcast, and others. The category is being driven by increased demand for effective broadband access. VSAT broadband provides continuous data access and is a two-way data communication network. The segment's main driver is increased enterprise usage of VSAT for data connection.
On The Basis of Type
Standard VSAT
USAT
On The Basis of Platform
Land VSAT
Maritime VSAT
Airborne VSAT
On The Basis of Enterprise Size
Small & Medium Enterprises
Large Enterprises
On The Basis of End-Use
Broadband/Data networks
Voice Communications
Private Network Services
Broadcast
Others
.png)
Need any customization research on Enterprise VSAT System Market - Enquiry Now
North America will lead the enterprise VSAT system market in 2021. The use of VSAT systems in aerospace and military has increased throughout North America. Further technical improvements in the area enabled it to contribute a significant portion of the overall revenue of the enterprise VSAT system market. During the projection period, Asia-Pacific is predicted to increase considerably. The region's changing political landscape, as seen by the implementation of new laws relating to education and other services, will drive growth. As a result, we anticipate that Asia-Pacific would develop at the quickest rate in the enterprise VSAT system market during the projected period. with development driven by low-cost internet, increased data volumes, and government initiatives to link schools, particularly in India, Australia, and Thailand.
REGIONAL COVERAGE:
North America
USA
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
The Netherlands
Rest of Europe
Asia-Pacific
Japan
South Korea
China
India
Australia
Rest of Asia-Pacific
The Middle East & Africa
Israel
UAE
South Africa
Rest of Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America
The major key players are Omniaccess, Skycaster LLC, Gigasat, Comtech Telecommunications Corporation, Global Eagle, Viasat Inc, Newtec, VT iDirect, Gilat Satellite Networks, Singtel, Hughes Network Systems LLC & Other Players
| Report Attributes | Details |
|---|---|
| Market Size in 2022 | US$ 7.46 Billion |
| Market Size by 2030 | US$ 26.41 Billion |
| CAGR | CAGR of 17.12% From 2023 to 2030 |
| Base Year | 2022 |
| Forecast Period | 2023-2030 |
| Historical Data | 2020-2021 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • by Type (Standard VSAT and USAT) • by Platform (Land VSAT, Maritime VSAT, and Airborne VSAT) • by Enterprise Size (Small & Medium Enterprises and Large Enterprises) • by End-Use (Broadband/Data networks, Voice Communications, Private Network Services, Broadcast, and Others.) • by Type (Standard VSAT and USAT) • by Platform (Land VSAT, Maritime VSAT, and Airborne VSAT) • by Enterprise Size (Small & Medium Enterprises and Large Enterprises) • by End-Use (Broadband/Data networks, Voice Communications, Private Network Services, Broadcast, and Others.) |
| Regional Analysis/Coverage | North America (USA, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Netherlands, Rest of Europe), Asia-Pacific (Japan, South Korea, China, India, Australia, Rest of Asia-Pacific), The Middle East & Africa (Israel, UAE, South Africa, Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America) |
| Company Profiles | Omniaccess, Skycaster LLC, Gigasat, Comtech Telecommunications Corporation, Global Eagle, Viasat Inc, Newtec, VT iDirect, Gilat Satellite Networks, Singtel, and Hughes Network Systems LLC |
| Key Drivers | •Increased use of VSAT technology for crew wellbeing in the oil and gas sector. •In the marine business, there is a greater need for VSAT systems. |
| RESTRAINTS | •Connectivity issues at sea. •Product certification takes a long time. |
Ans: - The Enterprise VSAT System Market size was valued at USD 7.46 Bn in 2022.
Ans: - Concerns about cybersecurity and Issues with radio spectrum availability.
Ans: - The segments covered in the Enterprise VSAT System Market report for study are on the basis of Type, Platform, Enterprise Size, and End-Use.
Ans: - North America will lead the enterprise VSAT system market in 2022.
Ans: - The major key players are Omniaccess, Skycaster LLC, Gigasat, Comtech Telecommunications Corporation, Global Eagle, Viasat Inc, Newtec, VT iDirect, Gilat Satellite Networks, Singtel, and Hughes Network Systems LLC.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.1 Introduction
4.3.2 Impact on major economies
4.3.2.1 US
4.3.2.2 Canada
4.3.2.3 Germany
4.3.2.4 France
4.3.2.5 United Kingdom
4.3.2.6 China
4.3.2.7 Japan
4.3.2.8 South Korea
4.3.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Enterprise VSAT System Market Segmentation, by Type
8.1 Standard VSAT
8.2 USAT
9. Enterprise VSAT System Market Segmentation, by Platform
9.1 Land VSAT
9.2 Maritime VSAT
9.3 Airborne VSAT
10. Enterprise VSAT System Market Segmentation, by Enterprise Size
10.1 Small & Medium Enterprises
10.2 Large Enterprises
11. Enterprise VSAT System Market Segmentation, by End-Use
11.1 Broadband/Data networks
11.2 Voice Communications
11.3 Private Network Services
11.4 Broadcast
11.5 Others.
12. Regional Analysis
12.1 Introduction
12.2 North America
12.2.1 USA
12.2.2 Canada
12.2.3 Mexico
12.3 Europe
12.3.1 Germany
12.3.2 UK
12.3.3 France
12.3.4 Italy
12.3.5 Spain
12.3.6 The Netherlands
12.3.7 Rest of Europe
12.4 Asia-Pacific
12.4.1 Japan
12.4.2 South Korea
12.4.3 China
12.4.4 India
12.4.5 Australia
12.4.6 Rest of Asia-Pacific
12.5 The Middle East & Africa
12.5.1 Israel
12.5.2 UAE
12.5.3 South Africa
12.5.4 Rest
12.6 Latin America
12.6.1 Brazil
12.6.2 Argentina
12.6.3 Rest of Latin America
13. Company Profiles
13.1 Omniaccess
13.1.1 Financial
13.1.2 Products/ Services Offered
13.1.3 SWOT Analysis
13.1.4 The SNS view
13.2 Skycaster LLC
13.3 Gigasat
13.4 Comtech Telecommunications Corporation
13.5 Global Eagle
13.6 Viasat Inc
13.7 Newtec
13.8 VT iDirect
13.9 Gilat Satellite Networks
13.10 Hughes Network Systems LLC
14. Competitive Landscape
14.1 Competitive Benchmarking
14.2 Market Share Analysis
14.3 Recent Developments
15. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
The Cloud Supply Chain Management Market Size was valued at USD 25.2 Billion in 2023 and is expected to reach USD 83.5 Billion by 2031, growing at a CAGR of 16.12% over the forecast period 2024-2031.
The Contactless Payment Market size was valued at USD 39.23 Bn in 2022 and is expected to reach USD 166.46 Bn by 2030, and grow at a CAGR of 19.8% over the forecast period 2023-2030.
The K-12 Education Market was valued at USD 121.45 billion in 2022 and is predicted to expand to USD 445.79 billion by 2030, growing at a CAGR of 17.65% between 2023 and 2030.
The Video Conferencing System Market size was valued at USD 13.51 billion in 2023 and is expected to grow to USD 55.46 billion by 2031 and grow at a CAGR of 19.3% over the forecast period of 2024-2031.
The Artificial Intelligence (AI) Market size was valued at USD 86 billion in 2022 and is expected to reach at USD 1006 billion by 2030, and grow at a CAGR of 36 % over the forecast period of 2023-2030.
The AI Trust, Risk and Security Management (AI TRISM) Market was valued at USD 1.74 Billion in 2023 and is expected to be worth USD 5.88 Billion by 2031, increasing at a 16.4% CAGR between 2024 and 2031.
Hi! Click one of our member below to chat on Phone
© 2024 All Rights Reserved by SNS Insider Pvt Ltd
