Global Very Small Aperture Terminal Market Size to Exceed USD 32.08 Billion by 2033: Forecast Analysis Report

Global Very Small Aperture Terminal Market Size to Exceed USD 32.08 Billion by 2033   

According to a research report published by Spherical Insights & Consulting, The Global Very small aperture terminal Market Size Expected to Grow from USD 8.62 Billion in 2023 to USD 32.08 Billion by 2033, at a CAGR of 14.04% during the forecast period 2023-2033.

Browse 210 market data Tables and 45 Figures spread through 190 Pages and in-depth TOC on the Global Very Small Aperture Terminal Market Size, Share, and COVID-19 Impact Analysis, By Platform (Land VSAT, Maritime VSAT, and Airborne VSAT), By Frequency (Ku-Band, C-Band, Ka-Band, X-Band, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033  

Very small Aperture Terminal technology is a satellite-based communication network that transmits and receives data from geostationary satellites using tiny, dish-shaped antennas, usually with a diameter of less than three meters. VSAT systems are essential for delivering broadband connection, especially in underdeveloped or distant locations with inadequate terrestrial infrastructure. Additionally, the market is expanding due in large part to the rising demand for broadband access. The need for dependable, fast broadband services in underserved and distant locations has increased as the world's reliance on the internet grows. In these areas, deploying conventional terrestrial infrastructures, including fiber-optic cables, is either logistically or financially impossible. Very Small Aperture Terminal technology is the perfect way to close this communication gap because of its wide coverage and reliable performance. However, limited bandwidth is a major concern that can hinder the growth of the market for very small aperture terminals.

The land VSAT segment is expected to hold the largest share of the global very small aperture terminal market during the projected timeframe.                             

Based on the platform, the global very small aperture terminal market is categorized as land VSAT, maritime VSAT, and airborne VSAT. Among these, the land VSAT segment is expected to hold the largest share of the global very small aperture terminal market during the projected timeframe. The growing need for strong and dependable communication solutions in sectors like mining, oil, and gas, and emergency response services where conventional communication infrastructure is frequently deficient or insufficient is another factor contributing to this expansion.

The ku-band segment is expected to grow at the fastest CAGR during the projected timeframe.       

Based on the frequency, the global very small aperture terminal market is categorized as ku-band, c-band, ka-band, x-band, and others. Among these, the ku-band segment is expected to grow at the fastest CAGR during the projected timeframe. Highly successful for both stationary and mobile Very Small Aperture Terminal systems, the Ku-band frequency range is renowned for striking a balance between coverage and bandwidth. It is perfect for many industries, including as aviation, maritime, and distant areas on land, because it can deliver dependable, fast internet connectivity.

North America is projected to hold the largest share of the global very small aperture terminal market over the forecast period.

North America is projected to hold the largest share of the global very small aperture terminal market over the forecast period. The deployment and growth of extremely small aperture terminal systems are made possible by the existence of sophisticated satellite infrastructure, wide broadband coverage, and strong regulatory frameworks.

Asia Pacific is expected to grow at the fastest CAGR growth of the global very small aperture terminal market during the forecast period. Large-scale satellite technological developments are occurring in the area, such as the installation of High Throughput Satellites (HTS) and increases in antenna efficiency. These developments improve the efficiency and affordability of extremely small aperture terminal systems, increasing their appeal for use in a range of sectors and applications.

Company Profiling

Major vendors in the global very small aperture terminal market are Inmarsat Global Limited, ST Engineering iDirect, Inc., Harris CapRock, GILAT SATELLITE NETWORKS, Hughes Network Systems, ViaSat, Cambium Networks, KVH Industries, L3Harris Technologies, Inc., Orbit Communications Systems Ltd, and Others.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Key Market Development

• In March 2024, the U.S. Army granted L3Harris a USD 60 million contract to provide satellite communication (SATCOM) terminals. The business will supply the U.S. Army with high-speed internet connections through the Hawkeye III Lite Very Small Aperture Terminal technology under this deal.

Market Segment

This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the global very small aperture terminal market based on the below-mentioned segments: 

Global Very Small Aperture Terminal Market, By System

• Land VSAT
• Maritime VSAT
• Airborne VSAT

Global Very Small Aperture Terminal Market, By Technology

• Ku-Band
• C-Band
• Ka-Band
• X-Band
• Others

Global Very Small Aperture Terminal Market, By Regional

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa