PersistenceMarketResearch states that the global Enterprise VSAT market is slated to witness a staggering CAGR between 2020 and 2030.
Enterprise VSAT market is being driven by the self-regulating communication network being increasingly adopted for connecting numerous remote sites. The cross-vertical applications also call for satellite services to be in place. As such, unlimited and complete internet access over the satellite connection gets delivered to corporate networks, offices, and large companies.
The intelligence services and security agencies are also able to get benefited by satellite broadband services for improving the data analysis systems so that information could be deciphered precisely. The end-users of enterprise VSAT are military and maritime sectors. As far as hardware and devices are concerned, the enterprise VSAT market consists of ASP VSAT terminals and ARUP VSAT terminals.
By geography, North America and Europe collectively hold a major chunk of the enterprise VSAT market. However, the future has the Asia-Pacific to behold. With digitization being at a rapid pace, the Asia-Pacific is expected to be a region to watch out. LATAM and MEA are the other regions catching up with sizable industrialization in the countries like Brazil and Nigeria. These three regions are expected to create ripples in the enterprise VSAT market.
The key players in the enterprise VSAT market include Comtech Telecommunications Corp., Bharti Airtel Ltd., Embratel, Gilat Satellite Networks, Hughes Communications, ND SatCom GmbH, NewSat, Orion Satellite Systems Pty Limited, Polarsat Inc., Orion Satellite, Polarsat, VT iDirect, ViaSat Inc., SageNet, Hughes Communications, Newtec, Signalhorn, SpeedCast, Primesys Solucoes Empresariais, Bharti Airtel, Tatanet, Telefonica, and Skycasters. Enterprise VSAT service from LCS provides speeds between 256 Kbps and 150 Mbps download/512 Kbps and 100 Mbps upload, that too, fully dedicated[1]. This service needs negligible maintenance, and proves to be a pocket-friendly solution to the clients in need of comprehensive communications for the sites dispersed globally.
