PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1073869
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1073869
Global VSAT Maritime Satellite Communication Market Size study, by Service (Voice, Tracking and Monitoring Services, Video, Data), by End-Use (Merchant Shipping, Passenger Ships, Leisure Vessel, Offshore, Others) and Regional Forecasts 2022-2028
Global VSAT Maritime Satellite Communication Market is valued at approximately USD 1347.72 million in 2021 and is anticipated to grow with a healthy growth rate of more than 8.5 % over the forecast period 2022-2028. VSAT Maritime Satellite Communication is a wireless internet beamed down from satellites orbiting the Earth. In addition, it is much faster than some common service providers and is different from land-based internet services such as cable or DSL, which transmit data through wires. The increasing imports and exports operations through marine industry and increasing VSAT satellite applications in civil and military maritime sectors have led to the adoption of VSAT Maritime Satellite Communication across the forecast period. For Instance: as per the Article Space News, the $15.4 billion requested for the U.S. Space Force contains $10.3 billion for research, development, testing and evaluation of space systems, a funding category known as RDT&E. It seeks $2.4 billion for the procurement of satellites, ground equipment and launch services; $2.6 billion for space operations, Also, with the increasing demand for VSAT connectivity among ship owners and higher government investment in maritime products, the adoption & demand for VSAT Maritime Satellite Communication is likely to increase the market growth during the forecast period. However, lack of reliability in satellite services and lack of awareness among consumers impede the growth of the market over the forecast period of 2022-2028.
The key regions considered for the Global VSAT Maritime Satellite Communication Market study include Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world in terms of market share owing to the increase in technological advancements and investments in 5G mobile phone networks is quickly increasing. Whereas, Asia-Pacific is also anticipated to exhibit the highest CAGR over the forecast period 2022-2028. Factors such as higher government investment in maritime products and services, expanded security risks would create lucrative growth prospects for the VSAT Maritime Satellite Communication Market across Asia-Pacific region.
Major market players included in this report are:
GTMaritime
Marlink
Inmarsat global limited
Iridium communication inc.
Thuraya telecommunications company
Hughes network system, llc
KVH industries, inc.
Speedcast
NSSLGlobal
Orbcomm
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Service:
Voice
Tracking and Monitoring Services
Video
Data
By End-Use:
Merchant Shipping
Passenger Ships
Leisure Vessel
Offshore
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019, 2020
Base year - 2021
Forecast period - 2022 to 2028
Target Audience of the Global VSAT Maritime Satellite Communication Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Million)
- 1.2.1. VSAT Maritime Satellite Communication Market, by Region, 2020-2028 (USD Million)
- 1.2.2. VSAT Maritime Satellite Communication Market, by Service, 2020-2028 (USD Million)
- 1.2.3. VSAT Maritime Satellite Communication Market, by End-Use, 2020-2028 (USD Million)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global VSAT Maritime Satellite Communication Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
Chapter 3. Global VSAT Maritime Satellite Communication Market Dynamics
- 3.1. VSAT Maritime Satellite Communication Market Impact Analysis (2020-2028)
- 3.1.1. Market Drivers
- 3.1.1.1. Increasing imports and exports operations through marine industry
- 3.1.1.2. Increasing VSAT satellite applications in civil and military maritime sectors
- 3.1.2. Market Challenges
- 3.1.2.1. Lack of reliability in satellite services
- 3.1.2.2. Lack of awareness among consumers
- 3.1.3. Market Opportunities
- 3.1.3.1. Increasing demand for VSAT connectivity among ship owners
- 3.1.3.2. Higher government investment in maritime products
- 3.1.1. Market Drivers
Chapter 4. Global VSAT Maritime Satellite Communication Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model (2019-2028)
- 4.2. PEST Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.3. Investment Adoption Model
- 4.4. Analyst Recommendation & Conclusion
- 4.5. Top investment opportunity
- 4.6. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
- 5.1.1. Assessment of the overall impact of COVID-19 on the industry
- 5.1.2. Pre COVID-19 and post COVID-19 market scenario
Chapter 6. Global VSAT Maritime Satellite Communication Market, by Service
- 6.1. Market Snapshot
- 6.2. Global VSAT Maritime Satellite Communication Market by Service, Performance - Potential Analysis
- 6.3. Global VSAT Maritime Satellite Communication Market Estimates & Forecasts by Service, 2019-2028 (USD Million)
- 6.4. VSAT Maritime Satellite Communication Market, Sub Segment Analysis
- 6.4.1. Voice
- 6.4.2. Tracking and Monitoring Services
- 6.4.3. Video
- 6.4.4. Data
Chapter 7. Global VSAT Maritime Satellite Communication Market, by End-Use
- 7.1. Market Snapshot
- 7.2. Global VSAT Maritime Satellite Communication Market by End-Use, Performance - Potential Analysis
- 7.3. Global VSAT Maritime Satellite Communication Market Estimates & Forecasts by End-Use, 2019-2028 (USD Million)
- 7.4. VSAT Maritime Satellite Communication Market, Sub Segment Analysis
- 7.4.1. Merchant Shipping
- 7.4.2. Passenger Ships
- 7.4.3. Leisure Vessel
- 7.4.4. Offshore
- 7.4.5. Others
Chapter 8. Global VSAT Maritime Satellite Communication Market, Regional Analysis
- 8.1. VSAT Maritime Satellite Communication Market, Regional Market Snapshot
- 8.2. North America VSAT Maritime Satellite Communication Market
- 8.2.1. U.S. VSAT Maritime Satellite Communication Market
- 8.2.1.1. Service breakdown estimates & forecasts, 2019-2028
- 8.2.1.2. End-Use breakdown estimates & forecasts, 2019-2028
- 8.2.2. Canada VSAT Maritime Satellite Communication Market
- 8.2.1. U.S. VSAT Maritime Satellite Communication Market
- 8.3. Europe VSAT Maritime Satellite Communication Market Snapshot
- 8.3.1. U.K. VSAT Maritime Satellite Communication Market
- 8.3.2. Germany VSAT Maritime Satellite Communication Market
- 8.3.3. France VSAT Maritime Satellite Communication Market
- 8.3.4. Spain VSAT Maritime Satellite Communication Market
- 8.3.5. Italy VSAT Maritime Satellite Communication Market
- 8.3.6. Rest of Europe VSAT Maritime Satellite Communication Market
- 8.4. Asia-Pacific VSAT Maritime Satellite Communication Market Snapshot
- 8.4.1. China VSAT Maritime Satellite Communication Market
- 8.4.2. India VSAT Maritime Satellite Communication Market
- 8.4.3. Japan VSAT Maritime Satellite Communication Market
- 8.4.4. Australia VSAT Maritime Satellite Communication Market
- 8.4.5. South Korea VSAT Maritime Satellite Communication Market
- 8.4.6. Rest of Asia Pacific VSAT Maritime Satellite Communication Market
- 8.5. Latin America VSAT Maritime Satellite Communication Market Snapshot
- 8.5.1. Brazil VSAT Maritime Satellite Communication Market
- 8.5.2. Mexico VSAT Maritime Satellite Communication Market
- 8.6. Rest of The World VSAT Maritime Satellite Communication Market
Chapter 9. Competitive Intelligence
- 9.1. Top Market Strategies
- 9.2. Company Profiles
- 9.2.1. GTMaritime
- 9.2.1.1. Key Information
- 9.2.1.2. Overview
- 9.2.1.3. Financial (Subject to Data Availability)
- 9.2.1.4. Product Summary
- 9.2.1.5. Recent Developments
- 9.2.2. Marlink
- 9.2.3. Inmarsat global limited
- 9.2.4. Iridium communication inc.
- 9.2.5. Thuraya telecommunications company
- 9.2.6. Hughes network system, llc
- 9.2.7. KVH industries, inc.
- 9.2.8. Speedcast
- 9.2.9. NSSLGlobal
- 9.2.10. Orbcomm
- 9.2.1. GTMaritime
Chapter 10. Research Process
- 10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
- 10.2. Research Attributes
- 10.3. Research Assumption
LIST OF TABLES
- TABLE 1. Global VSAT Maritime Satellite Communication market, report scope
- TABLE 2. Global VSAT Maritime Satellite Communication market estimates & forecasts by Region 2019-2028 (USD Million)
- TABLE 3. Global VSAT Maritime Satellite Communication market estimates & forecasts by Service 2019-2028 (USD Million)
- TABLE 4. Global VSAT Maritime Satellite Communication market estimates & forecasts by End-Use 2019-2028 (USD Million)
- TABLE 5. Global VSAT Maritime Satellite Communication market by segment, estimates & forecasts, 2019-2028 (USD Million)
- TABLE 6. Global VSAT Maritime Satellite Communication market by region, estimates & forecasts, 2019-2028 (USD Million)
- TABLE 7. Global VSAT Maritime Satellite Communication market by segment, estimates & forecasts, 2019-2028 (USD Million)
- TABLE 8. Global VSAT Maritime Satellite Communication market by region, estimates & forecasts, 2019-2028 (USD Million)
- TABLE 9. Global VSAT Maritime Satellite Communication market by segment, estimates & forecasts, 2019-2028 (USD Million)
- TABLE 10. Global VSAT Maritime Satellite Communication market by region, estimates & forecasts, 2019-2028 (USD Million)
- TABLE 11. Global VSAT Maritime Satellite Communication market by segment, estimates & forecasts, 2019-2028 (USD Million)
- TABLE 12. Global VSAT Maritime Satellite Communication market by region, estimates & forecasts, 2019-2028 (USD Million)
- TABLE 13. Global VSAT Maritime Satellite Communication market by segment, estimates & forecasts, 2019-2028 (USD Million)
- TABLE 14. Global VSAT Maritime Satellite Communication market by region, estimates & forecasts, 2019-2028 (USD Million)
- TABLE 15. U.S. VSAT Maritime Satellite Communication market estimates & forecasts, 2019-2028 (USD Million)
- TABLE 16. U.S. VSAT Maritime Satellite Communication market estimates & forecasts by segment 2019-2028 (USD Million)
- TABLE 17. U.S. VSAT Maritime Satellite Communication market estimates & forecasts by segment 2019-2028 (USD Million)
- TABLE 18. Canada VSAT Maritime Satellite Communication market estimates & forecasts, 2019-2028 (USD Million)
- TABLE 19. Canada VSAT Maritime Satellite Communication market estimates & forecasts by segment 2019-2028 (USD Million)
- TABLE 20. Canada VSAT Maritime Satellite Communication market estimates & forecasts by segment 2019-2028 (USD Million)
- TABLE 21. UK VSAT Maritime Satellite Communication market estimates & forecasts, 2019-2028 (USD Million)
- TABLE 22. UK VSAT Maritime Satellite Communication market estimates & forecasts by segment 2019-2028 (USD Million)
- TABLE 23. UK VSAT Maritime Satellite Communication market estimates & forecasts by segment 2019-2028 (USD Million)
- TABLE 24. Germany VSAT Maritime Satellite Communication market estimates & forecasts, 2019-2028 (USD Million)
- TABLE 25. Germany VSAT Maritime Satellite Communication market estimates & forecasts by segment 2019-2028 (USD Million)
- TABLE 26. Germany VSAT Maritime Satellite Communication market estimates & forecasts by segment 2019-2028 (USD Million)
- TABLE 27. RoE VSAT Maritime Satellite Communication market estimates & forecasts, 2019-2028 (USD Million)
- TABLE 28. RoE VSAT Maritime Satellite Communication market estimates & forecasts by segment 2019-2028 (USD Million)
- TABLE 29. RoE VSAT Maritime Satellite Communication market estimates & forecasts by segment 2019-2028 (USD Million)
- TABLE 30. China VSAT Maritime Satellite Communication market estimates & forecasts, 2019-2028 (USD Million)
- TABLE 31. China VSAT Maritime Satellite Communication market estimates & forecasts by segment 2019-2028 (USD Million)
- TABLE 32. China VSAT Maritime Satellite Communication market estimates & forecasts by segment 2019-2028 (USD Million)
- TABLE 33. India VSAT Maritime Satellite Communication market estimates & forecasts, 2019-2028 (USD Million)
- TABLE 34. India VSAT Maritime Satellite Communication market estimates & forecasts by segment 2019-2028 (USD Million)
- TABLE 35. India VSAT Maritime Satellite Communication market estimates & forecasts by segment 2019-2028 (USD Million)
- TABLE 36. Japan VSAT Maritime Satellite Communication market estimates & forecasts, 2019-2028 (USD Million)
- TABLE 37. Japan VSAT Maritime Satellite Communication market estimates & forecasts by segment 2019-2028 (USD Million)
- TABLE 38. Japan VSAT Maritime Satellite Communication market estimates & forecasts by segment 2019-2028 (USD Million)
- TABLE 39. RoAPAC VSAT Maritime Satellite Communication market estimates & forecasts, 2019-2028 (USD Million)
- TABLE 40. RoAPAC VSAT Maritime Satellite Communication market estimates & forecasts by segment 2019-2028 (USD Million)
- TABLE 41. RoAPAC VSAT Maritime Satellite Communication market estimates & forecasts by segment 2019-2028 (USD Million)
- TABLE 42. Brazil VSAT Maritime Satellite Communication market estimates & forecasts, 2019-2028 (USD Million)
- TABLE 43. Brazil VSAT Maritime Satellite Communication market estimates & forecasts by segment 2019-2028 (USD Million)
- TABLE 44. Brazil VSAT Maritime Satellite Communication market estimates & forecasts by segment 2019-2028 (USD Million)
- TABLE 45. Mexico VSAT Maritime Satellite Communication market estimates & forecasts, 2019-2028 (USD Million)
- TABLE 46. Mexico VSAT Maritime Satellite Communication market estimates & forecasts by segment 2019-2028 (USD Million)
- TABLE 47. Mexico VSAT Maritime Satellite Communication market estimates & forecasts by segment 2019-2028 (USD Million)
- TABLE 48. RoLA VSAT Maritime Satellite Communication market estimates & forecasts, 2019-2028 (USD Million)
- TABLE 49. RoLA VSAT Maritime Satellite Communication market estimates & forecasts by segment 2019-2028 (USD Million)
- TABLE 50. RoLA VSAT Maritime Satellite Communication market estimates & forecasts by segment 2019-2028 (USD Million)
- TABLE 51. Row VSAT Maritime Satellite Communication market estimates & forecasts, 2019-2028 (USD Million)
- TABLE 52. Row VSAT Maritime Satellite Communication market estimates & forecasts by segment 2019-2028 (USD Million)
- TABLE 53. Row VSAT Maritime Satellite Communication market estimates & forecasts by segment 2019-2028 (USD Million)
- TABLE 54. List of secondary sources, used in the study of global VSAT Maritime Satellite Communication market
- TABLE 55. List of primary sources, used in the study of global VSAT Maritime Satellite Communication market
- TABLE 56. Years considered for the study
- TABLE 57. Exchange rates considered
LIST OF FIGURES
List of figures
- FIG 1. Global VSAT Maritime Satellite Communication market, research methodology
- FIG 2. Global VSAT Maritime Satellite Communication market, market estimation techniques
- FIG 3. Global market size estimates & forecast methods
- FIG 4. Global VSAT Maritime Satellite Communication market, key trends 2021
- FIG 5. Global VSAT Maritime Satellite Communication market, growth prospects 2022-2028
- FIG 6. Global VSAT Maritime Satellite Communication market, porters 5 force model
- FIG 7. Global VSAT Maritime Satellite Communication market, pest analysis
- FIG 8. Global VSAT Maritime Satellite Communication market, value chain analysis
- FIG 9. Global VSAT Maritime Satellite Communication market by segment, 2019 & 2028 (USD Million)
- FIG 10. Global VSAT Maritime Satellite Communication market by segment, 2019 & 2028 (USD Million)
- FIG 11. Global VSAT Maritime Satellite Communication market by segment, 2019 & 2028 (USD Million)
- FIG 12. Global VSAT Maritime Satellite Communication market by segment, 2019 & 2028 (USD Million)
- FIG 13. Global VSAT Maritime Satellite Communication market by segment, 2019 & 2028 (USD Million)
- FIG 14. Global VSAT Maritime Satellite Communication market, regional snapshot 2019 & 2028
- FIG 15. North America VSAT Maritime Satellite Communication market 2019 & 2028 (USD Million)
- FIG 16. Europe VSAT Maritime Satellite Communication market 2019 & 2028 (USD Million)
- FIG 17. Asia pacific VSAT Maritime Satellite Communication market 2019 & 2028 (USD Million)
- FIG 18. Latin America VSAT Maritime Satellite Communication market 2019 & 2028 (USD Million)
- FIG 19. Global VSAT Maritime Satellite Communication market, company market share analysis (2021)
