VSAT (Very Small Aperture Terminal) is a two-way satellite ground station with the dish antenna smaller than 3.8 meters. The growing adoption of VSAT in the oil and gas industry is one of the major factors supporting the growth of the VAST market. The VSAT market is highly competitive with the presence of some of the well-established players operating in the market. Moreover, the increasing demand for autonomous, connected vehicles is creating an opportunist for the company to achieve a strong market position.
๐๐ป ๐๐ฒ๐๐ฎ๐ถ๐น๐ ๐๐ผ๐๐ป๐น๐ผ๐ฎ๐ฑ ๐ฃ๐๐ ๐๐ผ๐ฝ๐: https://www.theinsightpartners.com/sample/TIPRE00012236
Growing demand for VSAT in the maritime industry, low investment and operating costs, and increasing demand for broadband data connections from government and business sectors are some of the significant factors driving the growth of the VSAT market. However, the connectivity issues in the sea might hinder the growth of the VSAT market.