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31% of Growth to Originate from North America for Enterprise Very Small Aperture Terminal Market | Atos SE, Bharti Airtel Ltd., and More to Emerge as Key Contributors to Growth| 17000+ Technavio Reports

PR Newswire ·  Jan 7, 2022 07:06

NEW YORK, Jan. 7, 2022 /PRNewswire/ -- Enterprise Very Small Aperture Terminal Market Facts at a Glance-

Attractive Opportunities in Enterprise Very Small Aperture Terminal Market by Solution and Geography - Forecast and Analysis 2021-2025
  • Total Pages: 120
  • Companies: 10+ – Including Atos SE, Bharti Airtel Ltd., Cobham Plc, Comtech Telecommunications Corp., EchoStar Corp., Gilat Satellite Networks Ltd., ND SatCom GmbH, and Orbit Communications Systems Ltd. among others.
  • Coverage: Key drivers, trends, and challenges; Product insights & news; Value chain analysis; Parent market analysis; Vendor landscape; COVID impact & recovery analysis
  • Segments: Solution (services and products)
  • Geographies: APAC (China and India), Europe (Germany and UK), North America (US), South America, and MEA

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According to the recent market study by Technavio, the Enterprise Very Small Aperture Terminal Market Share in Communication Equipment Industry is expected to increase by USD 1.20 billion from 2020 to 2025, with an accelerated CAGR of 5.31%. The report provides a detailed analysis of drivers & opportunities, top winning strategies, competitive scenario, future market trends, market size & estimations, and major investment pockets.

North America will register the highest growth rate of 31% among the other regions. The US is the key market for enterprise VSAT. However, market growth in North America will be slower than the growth of the market in other regions.

Download FREE Sample: for more additional information about the key countries in North America

Vendor Insights-

The enterprise very small aperture terminal (VSAT) market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.

Atos SE- The company offers SkyMon VSAT, a fully integrated VSAT monitoring and geolocation solution.

Bharti Airtel Ltd.- The company offers VSAT network with maximum transponder space from multiple satellites, satellite IPLC services and comprehensive network management tools.

Cobham Plc- The company offers the most diverse range of high performance, reliable and feature rich Ku Band VSAT antenna systems.

Find additional highlights on the vendors and their product offerings. Download Free Sample Report

Regional Market Outlook

31% of the market's growth will originate from North America during the forecast period. The US is the key market for enterprise very small aperture terminal (VSAT) in North America. Market growth in this region will be slower than the growth of the market in other regions.

The high penetration of satellite networks will facilitate the enterprise very small aperture terminal (VSAT) market growth in North America over the forecast period

Download our FREE sample report for more key highlights on the regional market share of most of the above-mentioned countries.

Latest Drivers & Trends Driving the Market-

  • Enterprise Very Small Aperture Terminal Market Driver:
    • Increased use of satellite services for cross-vertical applications:

One of the key factors driving growth in the enterprise very small aperture terminal market is the increased use of satellite services for cross-vertical applications. VSAT plays a vital role in enabling communication for emerging technologies such as public safety operations. With the changing technology and growing demand for world-class health facilities, the need of the hour is telemedicine. Telemedicine is the exchange of medical information from one site to another via electronic communications to improve a patient's health status. Services include primary care and specialist referral, medical education, and remote patient monitoring. With the help of emerging technology in telecommunication such as VSAT, doctors can now serve distant customers by giving them world-class solutions. Governments across the globe are taking initiatives to increase the overall penetration of the Internet and voice-based services. This is enabling consumers to take advantage of the low-cost and faster rollout of VSAT services

  • Enterprise Very Small Aperture Terminal Market Trend:
    • Cloud-based big data services:

Cloud-based big data services is another factor supporting the enterprise very small aperture terminal market share growth. Satellites generate large volumes of information in the form of images, which can be difficult to analyze. This has created the need for data analytics as it would provide meaning and structure to large volumes of unstructured data. Companies realize the growing need to analyze the data generated by satellites and are intending to enter the analytics space. The oil and gas, construction, and agriculture industries are the major commercial application areas where aerial photography is extensively used. Advanced data processing technologies provide flexibility to detect subtle structural and environmental changes by comparing them with earlier survey details. These big data cloud services enhance user productivity by incorporating sophisticated quantitative and qualitative pattern analysis in a comprehensive data collection process.

Find additional information about various other market Drivers & Trends mentioned in our FREE sample report.

Here are Some Similar Topics-

Satellite Ground Station Equipment Market by Type and Geography - Forecast and Analysis: The satellite ground station equipment market share is expected to increase by USD 5.59 billion from 2019 to 2024, and the market's growth momentum will accelerate at a CAGR of 7%. To get extensive research insights: Download Exclusive Free Sample Report

Global Fixed Satellite Service Market: This market research study analyzes the leading vendors in the global FSS market such as Embratel Star One, Eutelsat Communications, Intelsat, SES, SKY Perfect JSAT, Spacecom, Telesat, and Thaicom. To get extensive research insights: Download Exclusive Free Sample Report

Enterprise Very Small Aperture Terminal (VSAT) Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 5.31%

Market growth 2021-2025

$ 1.20 billion

Market structure

Fragmented

YoY growth (%)

4.74

Regional analysis

North America, Europe, APAC, MEA, and South America

Performing market contribution

North America at 31%

Key consumer countries

US, China, Germany, UK, and India

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Atos SE, Bharti Airtel Ltd., Cobham Plc, Comtech Telecommunications Corp., EchoStar Corp., Gilat Satellite Networks Ltd., ND SatCom GmbH, and Orbit Communications Systems Ltd.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period,

Customization purview

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About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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SOURCE Technavio

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