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Enterprise VSAT System Market

Enterprise VSAT System Market Size, Share & Segmentation 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 Regions and Global Market Forecast 2022-2028

Report Id: SNS/ICT/2614 | July 2022 | Region: Global | 130 Pages

Report Scope & Overview:

The Enterprise VSAT System Market size was valued at USD 6.37 Bn in 2021 and is expected to reach USD 19.25 Bn by 2028, and grow at a CAGR of 17.12% over the forecast period 2022-2028.

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.

Enterprise VSAT System Market

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.

MARKET DYNAMICS:

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.

IMPACT OF COVID-19:

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.

KEY MARKET SEGMENTS:

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

Enterprise VSAT System Market

REGIONAL ANALYSIS:

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

KEY PLAYERS:

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

 

Enterprise VSAT System Market Report Scope:
Report Attributes Details
Market Size in 2021 US$ 6.37   Billion
Market Size by 2028 US$ 19.25 Billion
CAGR CAGR of 17.12% From 2022 to 2028
Base Year 2021
Forecast Period 2022-2028
Historical Data 2017-2020
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.


Frequently Asked Questions (FAQ) :

Ans: - The Enterprise VSAT System Market size was valued at USD 6.37 Bn in 2021.

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 2021.

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 the Ukraine- Russia war

 

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

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Secondary Research

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