TechNavio recognizes the following companies as the key players in the Global Maritime VSAT Market: VT iDirect Inc., ViaSat Inc., STM Networks Inc., Hughes Satellite Systems Corp., Comtech Telecommunications Corp. , KVH Industries Inc., Inmarsat plc , Vizada Inc., Harris CapRock Communications Inc., MTN Satellite Communications Inc., and RigNet Inc.
Commenting on the report, an analyst from TechNavio’s team said: “In recent years, the expansion of terrestrial networks, cellular networks, and microwave and satellite coverage in several continents has increased significantly. Although maritime communication has improved over the years, it still lags behind the advanced communication technology used on land. The convergence of voice, video, and data to all-IP networks has simultaneously simplified the users’ requirement. However, the users now know that it is possible to connect every device and data source on a ship to a single network, and they expect that solutions should be as simple as their home enterprise solutions. However, the IP revolution has also driven an explosion of new products and services. In recent years, the demand for broadband services in the Maritime industry is increasing rapidly due to the growing adoption of IP-based applications for a seamless connection with the land-based operations. In addition, commercial vessels require high-speed connections to run on-board business, maintain vessel management, and maintenance applications. Further, for retaining crew members, several vessel owners are providing on-board broadband internet connection and VoIP connectivity.”
According to the report, one of the main drivers in this market is the need to reduce operational cost. VSAT services help operators in the Shipping industry to reduce their operational costs. Previously, an L-band dial-up connection was the only technology available to provide broadband services to crew members. However, the main drawback of L-band systems is the high cost of data transfer. This resulted in high overall operational cost because vessel operators used high bandwidth applications such as ERP software to transfer large data files.
Further, the report states that one of the major challenges in this market is the presence of on-board technical issues. For instance, the interruption of VSAT services due to rain fade is one of the major issues faced by maritime VSAT vendors. Rain fade refers to the absorption of microwave radio frequency signals by rain drops, which causes a disruption of network connectivity.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/report/global-maritime-vsat-market-2012-2016
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/telecom-and-networking
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TechNavio Announces the Publication of its Research Report -Global Maritime VSAT Market 2012-2016
