The industry research report outlines the market forecast and growth prospects for enterprise VSAT until 2019. The report includes market segmentation by hardware and services include ASP VSAT terminals and ARUP VSAT terminals. Market shares for APAC, Americas, and EMEA. The leading vendors analyzed by this report include Gilat Satellite, Hughes, SageNet, ViaSat, and VT iDirect.
Technavio has released updated information on the VSAT market, with the publication of its new market research report, global enterprise VSAT market. The global enterprise VSAT market is expected to grow at a modest CAGR of more than 1% between 2015 and 2019 because of the lower cost of VSAT terminals and the deployment of VSAT technology as compared to wireline or terrestrial technology. However, in the recent years, many enterprises have started using both terrestrial and satellite communication to connect to remotely located offices across the globe.
“The growing usage of satellite services in telemedicine is one of the key emerging trends in this market. Through the VSAT services, the doctors can now serve distant customers by giving them world-class solutions without their physical presence. Moreover, these satellite services help hospitals in the exchange of medical education, remote patient monitoring and providing patients with the world-class facilities. Also, several educational institutions have started using satellite communication for high-quality education,” says Navin Rajendra, Lead Analyst, ICT, Technavio Research.
Enterprise VSAT provides various benefits including less maintenance cost, high flexibility, deeper reach, last mile connectivity, less deployment time, and better network management. Earlier the demand for VSAT was only restricted to government organizations, oil and gas companies, and commercial vessel providers. However, in recent years the enterprise VSAT offers a wide range of applications like remote video monitoring, distance learning, Internet access, maritime VSAT communications, telecom backhaul networks, disaster recovery, telemedicine, and corporate networks.
The key players in the global enterprise VSAT market include Gilat Satellite, Hughes, SageNet, ViaSat, and VT iDirect. Intense competition prevails in the market with the presence of numerous global and regional players. The intense competition among vendors has led to decline in the enterprise VSAT equipment prices by almost one-tenth in the past 4-5 years.
A more detailed analysis is available in the Technavio report, Global Enterprise VSAT Market 2015-2019.
We can customize this reports by other regions and specific segments upon request.
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