PUBLISHER: The Business Research Company | PRODUCT CODE: 1657082
PUBLISHER: The Business Research Company | PRODUCT CODE: 1657082
VSAT (Very Small Aperture Terminal) systems are utilized for the transmission and reception of data, voice, and video signals via satellite communication networks. VSAT refers to a satellite communications system that incorporates a compact earth station capable of two-way communication-both transmitting and receiving data-from satellites.
The primary categories in the VSAT market include standard VSATs and USATs. Standard VSATs serve the purpose of transmitting and receiving data, voice, and video signals. In this context, standard VSATs refer to diminutive earth stations transmitting signals across satellite communication networks. The market offers various solutions, including equipment, support services, and connectivity services. Different platforms for VSAT deployment include land VSAT, maritime VSAT, and airborne VSAT. Frequencies used in VSAT systems encompass Ku-band, Ka-band, X-band, C-band, L-band, S-band, and multi-band. The verticals or industries served by VSAT technology include healthcare, energy and power, education, BFSI (Banking, Financial Services, and Insurance), media and entertainment, retail, transportation and logistics, telecommunications, maritime, and other specific verticals
The VSAT (very small aperture terminal) market research report is one of a series of new reports from The Business Research Company that provides VSAT (very small aperture terminal) market statistics, including VSAT (very small aperture terminal) industry global market size, regional shares, competitors with a VSAT (very small aperture terminal) market share, detailed VSAT (very small aperture terminal) market segments, market trends and opportunities, and any further data you may need to thrive in the VSAT (very small aperture terminal) industry. This VSAT (very small aperture terminal) market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The VSAT (very small aperture terminal) market size has grown rapidly in recent years. It will grow from $12.29 billion in 2024 to $14.07 billion in 2025 at a compound annual growth rate (CAGR) of 14.5%. The growth in the historic period can be attributed to remote connectivity needs, emergency and disaster response, rural and remote broadband access, maritime and aviation communication, military and defense applications
The VSAT (very small aperture terminal) market size is expected to see rapid growth in the next few years. It will grow to $22.82 billion in 2029 at a compound annual growth rate (CAGR) of 12.9%. The growth in the forecast period can be attributed to increasing maritime and aviation demand, digital inclusion initiatives, cybersecurity and data protection, l-band and ka-band expansion, emergency response and disaster recovery. Major trends in the forecast period include high throughput satellites (hts), 5g integration, iot connectivity and m2m connectivity, satellite-as-a-service (saas),cybersecurity and data protection.
The growing number of broadband connections is expected to drive the expansion of the VSAT (Very Small Aperture Terminal) market. Broadband refers to high-capacity transmission technology that enables the transmission of data, voice, and video over long distances at high speeds. A VSAT is a two-way ground station that transmits and receives data from satellites, facilitating real-time communication signals for both narrowband and broadband data to and from orbiting satellites. Broadband companies utilize VSAT technology for internet services. For example, according to the Telecom Regulatory Authority of India, as of March 2023, India had approximately 33.94 million wired broadband subscribers, marking a 24.45% increase compared to 27.27 million in March 2022. As a result, the rising broadband connections are fueling the growth of the VSAT market.
The growing utilization of commercial satellites is set to propel the VSAT (Very Small Aperture Terminal) market further. Commercial satellites, also known as private satellites, serve various commercial purposes, including telecommunications, earth observation, broadcasting, and remote sensing. VSAT technology is commonly employed in commercial satellites to establish efficient two-way communication links between remote sites or users and a central hub or network. The popularity of VSAT systems in the commercial satellite industry stems from their efficiency, scalability, and ability to provide reliable connectivity. As of spring 2022, there were almost 5,500 active satellites in orbit, and projections suggest an additional 58,000 launches by 2030, as reported by the US Government Accountability Office. Additionally, the Satellite Industry Association revealed that US firms manufactured 87% of all commercial satellites procured in 2021. Thus, the increased use of commercial satellites is a significant driver for the VSAT market.
Technological advancement emerges as a prominent trend in the VSAT (Very Small Aperture Terminal) market. Leading companies in the market are introducing cutting-edge technologies such as SkyEdge IV, which operates on software-defined satellites and supports cloud software-defined networks. For instance, Viasat Inc. launched ViaSat-3 Americas in May 2023, a broadband satellite designed to deliver high-speed connectivity in the Americas region. ViaSat-3 satellites offer over 1 Terabit per second (Tbps) of throughput capacity, catering to diverse applications on land, at sea, or in the air. The dynamic flexibility of these satellites enables the relocation and concentration of capacity where it is most needed.
Leading companies in the VSAT (Very Small Aperture Terminal) market are focusing on launching next-generation VSAT antenna systems to strengthen their market position. These advanced antenna systems offer high-speed broadband connectivity across various sectors, including maritime, aviation, and land-based applications. For example, in May 2023, KVH Industries introduced the One OpenNet program, which allows vessels equipped with non-KVH antennas to access its global communications network. This initiative enhances maritime communication by enabling connectivity through any VSAT system, without the need for new hardware, providing greater flexibility and options for vessels looking to upgrade their satellite communication capabilities.
In May 2023, Viasat, a US-based commercial internet service provider, acquired Inmarsat for an undisclosed amount. This acquisition allows Viasat to combine Inmarsat's global dual-band mobile network and L-band resources with its own Ka-band capabilities. The integration paves the way for the creation of hybrid networks that enhance the performance, coverage, and reliability of VSAT services. Inmarsat, a UK-based company, is known for delivering advanced satellite communication solutions, particularly through its Fleet Xpress service.
Major companies operating in the VSAT (very small aperture terminal) market include Orbit Communication Systems Ltd., L3Harris Technologies Inc., Inmarsat Global Limited, Viasat Inc., Gilat Satellite Networks Ltd., Hughes Network Systems LLC, Comtech Telecommunications Corp., ST Engineering iDirect, Bharti Airtel, VT iDirect Inc., Global Eagle Entertainment (EMC), SpeedCast International Limited, Newtec, Tatanet, Polarsat Inc., China Aerospace Science and Industry Corporation, Satcom Direct Inc., Intelsat General Corporation, SES Government Solutions, Telesat, Eutelsat S.A., KVH Industries Inc., Satcube AB, Sky and Space Global Ltd., Thaicom Public Company Limited, Al Yah Satellite Communications Company P.J.S.C., X2nSat Inc.
Asia-Pacific was the largest region in the VSAT (very small aperture terminal) market share in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the global VSAT (very small aperture terminal) market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
The countries covered in the VSAT (very small aperture terminal) market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA.
The VSAT (very small aperture terminal)market consists of sales of VSAT components including outdoor unit and indoor unit. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
VSAT (Very Small Aperture Terminal) Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on vsat (very small aperture terminal) market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for vsat (very small aperture terminal) ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The vsat (very small aperture terminal) market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.