According to a market report by Lucintel, the future of the global VSAT (very small aperture terminal) market looks promising with opportunities in the broadband/data networks, voice communications, private network service, and broadcast markets. The global VSAT (very small aperture terminal) market is expected to reach an estimated $2.3 billion by 2030 with a CAGR of 16.5% from 2024 to 2030. The major drivers for this market are increasing demand of broadband connections for the internet, growing adoption of VSAT technology for crew welfare in oil & gas industry, and rising need for secure communication in the maritime industry.

In this market, standard VSAT and USAT are the major segments of VSAT (very small aperture terminal) market by type.
Lucintel forecasts that standard VSAT will remain the largest segment over the forecast period.
Within this market, broadband/data networks will remain the largest segment.

APAC is expected to witness highest growth over the forecast period.

Orbit Communication Systems , L3Harris Technologies, Inmarsat Global Limited, Viasat, and Gilat Satellite Networks are the major suppliers in the VSAT (very small aperture terminal) market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected]