세계의 VSAT(Very Small Aperture Terminal) 시장 예측(-2030년) : 유형별, 플랫폼별, 솔루션별, 설계별, 주파수별, 네트워크 아키텍처별, 최종 사용자별, 지역별 분석

According to Stratistics MRC, the Global Very Small Aperture Terminal Market is accounted for $3.22 billion in 2024 and is expected to reach $6.40 billion by 2030 growing at a CAGR of 12.1% during the forecast period. A Very Small Aperture Terminal (VSAT) is a satellite communication system that uses a small dish antenna, typically ranging from 0.75 to 3 meters in diameter, to transmit and receive data via satellite. VSATs enable two-way communication for various applications, including internet access, voice, and data transmission in remote locations where traditional connectivity is unavailable. They are widely used in industries such as telecommunications, maritime, oil and gas, and emergency services, providing reliable and scalable communication solutions.

Market Dynamics:

Driver:

Growing demand for satellite-based communication

The growing demand for satellite-based communication in the industries such as telecommunications, maritime, and oil and gas require consistent communication for operations, driving the adoption of VSAT systems. Additionally, the increasing need for internet access, particularly during emergencies and natural disasters, enhances market growth. As businesses expand their digital capabilities and IoT applications, the versatility and effectiveness of VSAT technology position it as a key solution in meeting these communication needs, further fuelling the growth of the market.

Restraint:

Limited bandwidth availability

Limited bandwidth availability leads to competition between more users and devices for access on the same satellite frequencies, congestion can occur, leading to slower data speeds, increased latency, and unreliable connections. This limitation affects the quality of service that VSAT providers can offer, making it less attractive for businesses requiring high-speed internet and seamless communication. Additionally, inadequate bandwidth can deter potential customers, stalling market growth and innovation in VSAT technology.

Opportunity:

Increased demand for mobile satellite services

Increased demand for mobile satellite in industries such as maritime, aviation, and land transportation require consistent communication capabilities for operations, navigation, and real-time data sharing, especially in remote locations. VSAT technology offers portable and adaptable solutions that meet these requirements, facilitating seamless connectivity. As mobile applications continue to expand, the VSAT market is positioned to grow, providing essential services that enhance operational efficiency and safety for users worldwide.

Threat:

Economic fluctuations

Economic fluctuations during businesses may reduce capital expenditures, delaying or cancelling VSAT installations and upgrades. Industries heavily reliant on VSAT, such as maritime and oil and gas, may experience decreased operational budgets, further limiting demand. Additionally, economic instability can lead to reduced consumer spending and lower demand for services that utilize VSAT technology. This cyclical nature of investment affects the growth and sustainability of the VSAT market.

Covid-19 Impact

The COVID-19 pandemic disrupted the Very Small Aperture Terminal (VSAT) market by causing supply chain interruptions and delays in equipment manufacturing and deployment. However, the shift towards remote work and increased reliance on digital communication solutions accelerated demand for reliable connectivity, particularly in remote and underserved areas. As the businesses and industries got adapted to new operational norms, the VSAT market saw resurgence, with heightened interest in satellite communication for IoT applications and emergency services, positioning it for growth in the post-pandemic landscape.

The standard VSAT segment is expected to be the largest during the forecast period

Over the forecasted timeframe, the standard VSAT segment is anticipated to dominate the market share, due to cost-effective solutions for diverse communication needs. Standard VSAT systems offer consistent performance for voice, data, and internet services, making them ideal for industries such as maritime, oil and gas, and remote enterprise applications. Their ease of installation and scalability cater to both small and large operations. As demand for broadband connectivity increases in remote locations, the standard VSAT segment plays a crucial role in expanding market reach, enhancing communication capabilities, and supporting the growth of satellite-based services.

The broadband segment is expected to have the highest CAGR during the forecast period

The broadband segment is expected to register lucrative growth during the estimation period, due to high-speed satellite internet services. As the need for reliable and fast internet connectivity increases globally, especially in rural and remote areas, VSAT systems offer an effective solution. The rise of telecommuting, online education, and streaming services has heightened the necessity for robust broadband connections. Furthermore, advancements in high-throughput satellites (HTS) have enhanced the performance of VSAT broadband services, attracting more users and fostering growth within the market as providers seek to meet this escalating demand.

Region with largest share:

Over the forecasted timeframe, the Asia Pacific region is anticipated to dominate the market share due to increasing demand for reliable satellite communication services in remote and rural areas. Rising investments in telecommunications infrastructure and the expansion of the Internet of Things (IoT) are driving market adoption. Countries like India, China, and Australia are leading in VSAT deployment for various applications, including broadband, maritime, and defense. Additionally, the region's growing focus on digital transformation and connectivity in sectors like agriculture and logistics further propels the VSAT market, positioning Asia Pacific as a key player in the global landscape.

Region with highest CAGR:

The North America region is expected to register the highest growth rate over the forecast period, owing to high demand for reliable satellite communication in remote areas and the expansion of broadband services. Key sectors such as telecommunications, government, and oil and gas are leveraging VSAT technology for improved connectivity and operational efficiency. The region benefits from advanced satellite infrastructure and ongoing investments in high-throughput satellites (HTS), enhancing data transmission capabilities.

Key players in the market

Some of the key players profiled in the Very Small Aperture Terminal Market include Hughes Network Systems, Viasat Inc., Iridium Communications Inc., Inmarsat Global Limited, SES S.A., Eutelsat Communications S.A., Intelsat S.A., Telesat Canada, Comtech Telecommunications Corp., KVH Industries, Inc., Globecast, Satcom Global, Speedcast International Limited, Telenor Satellite, Broadband Satellite Services (BSS), Kacific Broadband Satellites, Gilat Satellite Networks Ltd., Ascend Communications, Satellink and HISPASAT.

Key Developments:

In February 2024, Iridium launched the Iridium Certus 400, a new broadband service aimed at maritime and aviation markets, providing high-speed data services with enhanced reliability and coverage. This new service is part of Iridium's broader Certus portfolio, which aims to deliver high-speed, reliable connectivity for users operating in remote or challenging environments.

In November 2023, Viasat launched Viasat Connect, a new service aimed at providing high-speed internet and connectivity solutions tailored for rural and underserved areas, enhancing digital access. This initiative is part of Viasat's commitment to bridging the digital divide and ensuring equitable access to broadband services for communities that have historically faced challenges in obtaining reliable internet connectivity.

In March 2023, Iridium expanded its global network by launching additional satellites in its NEXT constellation, increasing coverage and improving service quality across North America and beyond. These satellites operate in low Earth orbit (LEO), enabling low-latency communication and greater signal strength.

Types Covered:

• Standard VSAT
• USAT
• Other Types

Platforms Covered:

• Land VSAT
• Maritime VSAT
• Airborne VSAT
• Other Platforms

Solutions Covered:

• Equipment
• Support Services
• Connectivity Services
• Other Solutions

Designs Covered:

• Rugged VSAT
• Non-Rugged VSAT

Frequencies Covered:

• Ku-band
• Ka-band
• X-band
• C-band
• L-band
• S-band
• Multi-band
• Other Frequencies

Network Architectures Covered:

• Star Topology
• Mesh Topology
• Hybrid Topology
• Point-to-Point links
• Other Network Architectures

End Users Covered:

• Broadband
• Voice Communications
• Private Network Services
• Broadcast
• Other End Users

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 End User Analysis
• 3.7 Emerging Markets
• 3.8 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Very Small Aperture Terminal Market, By Type

• 5.1 Introduction
• 5.2 Standard VSAT
• 5.3 USAT
• 5.4 Other Types

6 Global Very Small Aperture Terminal Market, By Platform

• 6.1 Introduction
• 6.2 Land VSAT
• 6.3 Maritime VSAT
• 6.4 Airborne VSAT
• 6.5 Other Platforms

7 Global Very Small Aperture Terminal Market, By Solution

• 5.1 Introduction
• 5.2 Equipment
• 5.3 Support Services
• 5.4 Connectivity Services
• 5.5 Other Solutions

8 Global Very Small Aperture Terminal Market, By Design

• 8.1 Introduction
• 8.2 Rugged VSAT
• 8.3 Non-Rugged VSAT

9 Global Very Small Aperture Terminal Market, By Frequency

• 9.1 Introduction
• 9.2 Ku-band
• 9.3 Ka-band
• 9.4 X-band
• 9.5 C-band
• 9.6 L-band
• 9.7 S-band
• 9.8 Multi-band
• 9.9 Other Frequencies

10 Global Very Small Aperture Terminal Market, By Network Architecture

• 10.1 Introduction
• 10.2 Star Topology
• 10.3 Mesh Topology
• 10.4 Hybrid Topology
• 10.5 Point-to-Point links
• 10.6 Other Network Architectures

11 Global Very Small Aperture Terminal Market, By End User

• 11.1 Introduction
• 11.2 Broadband
• 11.3 Voice Communications
• 11.4 Private Network Services
• 11.5 Broadcast
• 11.6 Other End Users

12 Global Very Small Aperture Terminal Market, By Geography

• 12.1 Introduction
• 12.2 North America
  • 12.2.1 US
  • 12.2.2 Canada
  • 12.2.3 Mexico
• 12.3 Europe
  • 12.3.1 Germany
  • 12.3.2 UK
  • 12.3.3 Italy
  • 12.3.4 France
  • 12.3.5 Spain
  • 12.3.6 Rest of Europe
• 12.4 Asia Pacific
  • 12.4.1 Japan
  • 12.4.2 China
  • 12.4.3 India
  • 12.4.4 Australia
  • 12.4.5 New Zealand
  • 12.4.6 South Korea
  • 12.4.7 Rest of Asia Pacific
• 12.5 South America
  • 12.5.1 Argentina
  • 12.5.2 Brazil
  • 12.5.3 Chile
  • 12.5.4 Rest of South America
• 12.6 Middle East & Africa
  • 12.6.1 Saudi Arabia
  • 12.6.2 UAE
  • 12.6.3 Qatar
  • 12.6.4 South Africa
  • 12.6.5 Rest of Middle East & Africa

13 Key Developments

• 13.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 13.2 Acquisitions & Mergers
• 13.3 New Product Launch
• 13.4 Expansions
• 13.5 Other Key Strategies

14 Company Profiling

• 14.1 Hughes Network Systems
• 14.2 Viasat Inc.
• 14.3 Iridium Communications Inc.
• 14.4 Inmarsat Global Limited
• 14.5 SES S.A.
• 14.6 Eutelsat Communications S.A.
• 14.7 Intelsat S.A.
• 14.8 Telesat Canada
• 14.9 Comtech Telecommunications Corp.
• 14.10 KVH Industries, Inc.
• 14.11 Globecast
• 14.12 Satcom Global
• 14.13 Speedcast International Limited
• 14.14 Telenor Satellite
• 14.15 Broadband Satellite Services (BSS)
• 14.16 Kacific Broadband Satellites
• 14.17 Gilat Satellite Networks Ltd.
• 14.18 Ascend Communications
• 14.19 Satellink
• 14.20 HISPASAT