Enterprise VSAT System Market Predicted to Grow from US$ 3.65-B in 2017 to US$ 7.56-B in 2026

Dublin, Ireland, March 15, 2019 — The Global Enterprise VSAT (Very Small Aperture Terminal) System market accounts for US$ 3.65 billion in 2017 is expected to reach US$ 7.56 billion by 2026 growing at a CAGR of 8.4%.

A new research by Research and Markets said some of the factors such as high advancement in the technology and increasing usage of satellite services for cross-vertical applications are driving the growth of the market. However, the research concluded, high costs are hindering the market growth.

Enterprise VSAT system provides a wide range of data, voice, and video communication services to large businesses and corporations. VSAT antennas are mostly used for two purposes transmitting and reception and, in some cases, only receiving. Furthermore, improvements in the technology of systems authorize optimized transponder operation of high throughput.

The research on the Global Enterprised VSAT Market was based on Type, Dedicated Bandwidth VSAT Systems segment witnessed steady growth during the forecast period. This is because the segment is one of the most dependable Ku-Band and C-Band VSAT services available in the market. By geography, Asia Pacific holds the largest market share during the forecast period. Countries such as U.S and Canada are the high adoption of advanced technology across all major verticals helps the market to grow in this region.

Some of the key players profiled in the Enterprise VSAT (Very Small Aperture Terminal) System Market include ViaSat, Skycasters LLC, Singtel, OmniAccess, Newtec, iDirect, Hughes Network Systems, Global Eagle Entertainment, Gilat Satellite Networks, GigaSat, Emerging Markets Communications (EMC), Comtech Telecommunications, Cambium Networks and Bharti Airtel.