A very small aperture terminal (VSAT) technology offers value-added satellite access that can transmit data for Internet/intranet applications, video, voice over IP, and public or private networks. VSAT technology is increasingly being utilized to create networks for private, public/governmental, and business applications due to its flexibility, rapid deployment, and low setup and operational costs. The Africa VSAT market forecast can aid internet service providers in evaluating broadband internet facilities to extend coverage in remote areas of the world.
The study predicts noticeable growth of the Africa VSAT market size by recording a CAGR of 8.6% during 2022–2030. A VSAT is a compact ground station utilized to transmit and receive data, voice, and video signals via a satellite communication network. It comprises two primary components: an outdoor transceiver that must have an unobstructed line of sight to the satellite and an indoor device that connects the transceiver to the end user's communication equipment, such as a PC.
The transceiver establishes communication with a satellite transponder located in space. In contrast, the satellite serves as a relay for signals between the transceiver and a central ground station computer, which acts as a central hub for the system. This network configuration forms a star topology, with each end user being connected to the hub station via the satellite. The VSAT technology offers flexible, dependable, and cost-effective connectivity solutions for broadband internet access, point-of-sale transactions, remote access, and various other communication requirements. Despite challenges such as cybersecurity concerns, the Africa VSAT market is predicted to flourish owing to expanding applications in remote industries and government sectors. Moreover, the Africa VSAT market players are constantly upgrading their strategies to stay competitive as the demand for satellite internet access expands in remote areas.
| Report Attribute | Details |
|---|---|
| Market size in 2022 | US$ 525.02 Million |
| Market Size by 2030 | US$ 1014.02 Million |
| Global CAGR (2022 - 2030) | 8.6% |
| Historical Data | 2020-2021 |
| Forecast period | 2023-2030 |
| Segments Covered |
By Solution
|
| Regions and Countries Covered | Africa
|
| Market leaders and key company profiles |
The List of Companies - Africa VSAT (Very Small Aperture Terminal) Market
The Africa VSAT (Very Small Aperture Terminal) market is expected to reach US$ 1014.02 million by 2030.
The rest of Africa held the largest market share in 2022, followed by Nigeria and South Africa.
The Africa VSAT (Very Small Aperture Terminal) market was valued at US$ 525.02 million in 2022 and is projected to reach US$ 1014.02 million by 2030; it is expected to grow at a CAGR of 8.6% during 2022–2030.
Factors such as increasing demand for VSAT systems in remote areas and growing demand for safe communications for maritime IoT applications are the driving the Africa VSAT (Very Small Aperture Terminal) market growth.
The key players, holding majority shares, in Africa VSAT (Very Small Aperture Terminal) market includes EchoStar Corporation, Ntvsat, Norsat International Inc, Vizocom, and Taila Communications Limited.
Growing need for VSAT systems to enable telemedicine in remote areas is the future trend of the Africa VSAT (Very Small Aperture Terminal) market.
The services segment held largest market share in 2022 and it is expected to grow with the highest CAGR during the forecast period 2023-2030.