Very Small Aperture Terminal Market by Solution (Connectivity Services, Equipment, Support Services), Platform (Airborne VSAT, Land VSAT, Maritime VSAT), Frequency, Application, Verticals - Global Forecast 2024-2030

[197 Pages Report] The Very Small Aperture Terminal Market size was estimated at USD 14.35 billion in 2023 and expected to reach USD 16.41 billion in 2024, at a CAGR 14.76% to reach USD 37.64 billion by 2030.

Very small aperture terminal (VSAT) encompasses satellite communication systems consisting of small, portable earth stations used primarily for broadband data transmission and reception, voice communication, and remote monitoring or control. These terminals typically operate in the Ku-band, C-band, or Ka-band frequency range and are employed in various applications across different industries. The VSAT market has experienced significant growth due to increasing demand for high-speed connectivity in remote locations and advancements in satellite technology that enable lower latency communication. However, regulatory constraints on spectrum allocation, competition from terrestrial communication networks, and high initial investment costs may hamper the market growth. The evolution of 5G technology and integration of low earth orbit (LEO) constellations into existing VSAT systems present a lucrative market landscape in the forecast period.

Connectivity services are essential in the very small aperture terminal (VSAT) market as they provide the backbone for data transmission through satellite networks. Through connectivity services, customers are able to get better, reliable, high-speed, cost-effective data connectivity and transmission solutions. The equipment used in VSAT systems comprises antennas, modems, amplifiers, and encoders/decoders. These components, such as frequency band support, are essential for properly functioning a satellite communication system and are tailored to customer requirements. Support services are critical in ensuring seamless operation of VSAT systems by providing installation, maintenance, and troubleshooting assistance. Customers prioritize service reliability and availability as they need constant access to their communications infrastructure.

The automotive industry relies on VSAT technology for efficient communication and data transfer between production facilities and dealerships. VSAT technology enables reliable in-flight connectivity for commercial airlines, business jets, and military aircraft. The BFSI sector leverages VSAT for secure communications between branches, ATMs, insurance offices, stock exchanges, and rural banking applications. Governments worldwide rely on military-grade VSAT solutions for secure and reliable communications during disaster relief operations, emergency response missions, border control, surveillance initiatives, or diplomatic purposes. The manufacturing sector uses VSAT systems to manage supply chain operations efficiently while maintaining optimal levels of production quality control through real-time monitoring processes across various geographical locations. Telecommunication companies deploy VSAT networks as part of their backbone infrastructure, providing reliable connectivity options in remote areas and upgrading legacy systems-based copper wireline connections.

The very small aperture terminal market experienced significant growth in the Americas owing to high demand in the oil and gas, communications, and emergency response services industries. Furthermore, advanced space initiatives and rising investment by the government into broadband infrastructure highlight the potential growth opportunities for VSAT providers in the Americas. The very small aperture terminal market in the EMEA region is developed, owing to the presence of key players focusing on research and development to drive innovation in the market. The growing interest in VSAT technology due to its potential applications in areas such as e-government services, disaster management, and remote education systems has expanded its reach in the market of EMEA. Additionally, major regional investments by manufacturers in satellite communication technology significantly contributed to the VSAT market growth in the EMEA region. The VSAT market is developing in the APAC region owing to government support and initiatives to develop navigation satellite systems, which has led to increased research and investment in this domain. Government investments in the satellite-based communication infrastructure ensure reliable connectivity during natural disasters and emergencies and have contributed to the VSAT market growth in the APAC region.

The FPNV Positioning Matrix is pivotal in evaluating the Very Small Aperture Terminal Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Very Small Aperture Terminal Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

• OneWeb Technologies Awarded U.S. Space Force Contract for Commercial Satellite Communications Proliferated Low Earth Orbit (p-LEO)

  OneWeb Technologies, a provider of high-speed, low latency, and secure satellite network solutions has recently been awarded a Commercial Satellite Communications Proliferated Low Earth Orbit (p-LEO) contract from the U.S. Space Force. This contract, with a contract ceiling of USD 900 million, solidifies OneWeb as a trusted government solutions partner and one of the two Very Small Aperture Terminal (VSAT) data LEO satellite service providers offering live services. [Published On: 2023-08-24]

• Viasat Completes Acquisition of Inmarsat

  Viasat Inc. has completed its acquisition of Inmarsat, marking a significant expansion of its presence and capabilities in the dynamic satellite communications industry. This acquisition focuses on driving innovation and providing customers with a multi-layered network that offers increased speed, flexibility, reliability, coverage, and security. [Published On: 2023-05-31]

• Cobham Satcom receives Japanese approval for SAILOR XTR VSAT antennas

  Cobham Satcom has obtained certification under the Japanese Radio Law for their SAILOR 1000 XTR and SAILOR 600 XTR Ku VSAT antennas, along with the ST Engineering iDirect MDM3315 satellite modem. This certification enables the deployment of high-performance VSAT connectivity in Japan, delivering faster internet speeds and improved crew communications for coastal and deep-sea satellite communications users. [Published On: 2023-03-23]

The report delves into recent significant developments in the Very Small Aperture Terminal Market, highlighting leading vendors and their innovative profiles. These include Cobham Limited, Comtech Telecommunications Corp., General Dynamics Corporation, Gilat Satellite Networks Ltd., Hughes Network Systems, LLC by EchoStar Corporation, Inmarsat Global Limited by Viasat Inc., Intellian Technologies, Inc., KVH Industries, Inc., Kymeta Corporation, L3Harris Technologies, Inc., Lockheed Martin Corporation, ND SatCom GmbH, NTvsat, OmniAccess S.L., OneWeb Technologies, SageNet LLC, SatixFy Communications, Singapore Telecommunications Limited, Thales Group, and X2nSat.

This research report categorizes the Very Small Aperture Terminal Market to forecast the revenues and analyze trends in each of the following sub-markets:

• Solution
  • Connectivity Services
    • All You Can Eat (AYCE)
    • Pay-As-You-Go (PAYG)
    • Use What You NEED
  • Equipment
    • In-Door Unit (IDU)
      • Mount
      • Router
      • Satellite Modem
    • Out-Door Unit (ODU)
      • Amplifier
      • Antenna
      • Antenna Control Unit (ACU)
      • Block Upconverter (BUC)
      • Diplexer
      • Low Noise Block Downconverter (LNB)
  • Support Services
• Platform
  • Airborne VSAT
  • Land VSAT
  • Maritime VSAT
• Frequency
  • C-band
  • Ka-band
  • Ku-band
  • L-band
  • S-band
  • X-band
• Application
  • Broadband / Data Networks
  • Broadcast
  • Private Network Services
  • Voice Communications
• Verticals
  • Automotive
  • Aviation
  • BFSI
  • Energy & Power
  • Government & Defense
  • Healthcare
  • Manufacturing
  • Maritime
  • Media & Entertainment
  • Retail
  • Telecommunication
  • Transportation & Logistics

• Region
  • Americas
    • Argentina
    • Brazil
    • Canada
    • Mexico
    • United States
      • California
      • Florida
      • Illinois
      • New York
      • Ohio
      • Pennsylvania
      • Texas
  • Asia-Pacific
    • Australia
    • China
    • India
    • Indonesia
    • Japan
    • Malaysia
    • Philippines
    • Singapore
    • South Korea
    • Taiwan
    • Thailand
    • Vietnam
  • Europe, Middle East & Africa
    • Denmark
    • Egypt
    • Finland
    • France
    • Germany
    • Israel
    • Italy
    • Netherlands
    • Nigeria
    • Norway
    • Poland
    • Qatar
    • Russia
    • Saudi Arabia
    • South Africa
    • Spain
    • Sweden
    • Switzerland
    • Turkey
    • United Arab Emirates
    • United Kingdom

1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

1. What is the market size and forecast of the Very Small Aperture Terminal Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Very Small Aperture Terminal Market?
3. What are the technology trends and regulatory frameworks in the Very Small Aperture Terminal Market?
4. What is the market share of the leading vendors in the Very Small Aperture Terminal Market?
5. Which modes and strategic moves are suitable for entering the Very Small Aperture Terminal Market?