The global enterprise VSAT market was valued at USD 3 billion in 2016 and is expected to surpass USD 5 billion by 2021, says Technavio.
Technavio has announced its latest market research report on the global enterprise VSAT market to its machine to machine and connected devices portfolio. This market analysis discusses the major drivers and key emerging trends and offers an analysis of key vendors like Gilat Satellite Networks, Hughes Network Systems, ViaSat, and VT iDirect.
According to Abhishek Sharma, an industry analyst for machine to machine and connected devices research at Technavio, “There is an increased use of satellite services, such as telemedicine for cross-vertical applications in the market. Telemedicine is the exchange of medical information from one site to another through electronic communications to improve a patient’s health status.”
Telemedicine includes various applications and services using two-way communication via video, e-mail, and other forms. Its 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.
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Technology upgrading in VSAT system
Technological advancement of VSAT system such as HughesNet JUPITER technology allows optimized transponder utilization of HTS. Such developments will lead to the growth in its adoption and increase in the capacity of use of the transponders. An improvement in the telecom network globally has improved the uplink and downlink data speed. It has also increased the data with technologies such as global system for mobile communications (GSM), wideband code-division-multiple-access (WCDMA), and LTE.
Increased availability of advanced aerial imagery
The information from aerial images, along with geographic information system (GIS) mapping, is used for planning, strategic, analysis, and evaluation in engineering and urban planning. Aerial images can effectively support professional response and recovery agencies, governments, and communities to recover from the impact of current hazard occurrences.
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This research report includes an in-depth analysis and market shares and sizes of the sub-segments and geography. An analysis of the key companies, including their market shares, business overview, key financials, etc. is provided in this study. This market study also provides a detailed analysis of key drivers, challenges, and opportunities influencing this market.
A more detailed analysis is available in the Technavio report titled, ‘Global Enterprise VSAT Market 2017-2021‘. Technavio also customizes reports by other regions and specific segments upon request.
Other related reports:
- Global Very Small Aperture Terminal Market 2016-2020
- Global Satellite Ground Station Equipment Market 2016-2020
- Global Fixed Satellite Service Market 2016-2020
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