According to our latest study on "VSAT (Very Small Aperture Terminal) Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis - by Component, Platform, Application," the VSAT (very small aperture terminal) market size was valued at US$ 9.2 billion in 2024 and is expected to reach US$ 24.3 billion by 2031; it is estimated to record a CAGR of 14.9% from 2025 to 2031.

The VSAT (very small aperture terminal) market is segmented into five major regions-North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South & Central America. Asia Pacific dominated the market in 2024, followed by Europe and North America, respectively. The VSAT (Very Small Aperture Terminal) market in the Asia Pacific is experiencing robust growth, driven by the region's vast geography, economic diversity, and growing demand for connectivity across underserved populations. Countries such as India, China, Indonesia, and the Philippines are spearheading VSAT deployment to connect remote and rural communities where terrestrial infrastructure is either lacking or impractical. Governments across the region are launching ambitious national broadband initiatives, often partnering with private satellite operators to bridge the digital divide. In India, for instance, the government's push for digital inclusion has significantly boosted the demand for VSAT in education, healthcare, and e-governance. In 2025, the Indian government approved the Space-Based Surveillance Phase?III project, involving the launch of 52 AI-enabled surveillance and communication satellites by 2029, with potential VSAT applications across security and remote operations.

The VSAT (Very Small Aperture Terminal) market growth in China is attributed to the country's significant investments in satellite infrastructure and space technologies. In August 2025, Geespace (a subsidiary of automotive giant Geely) launched 11 additional satellites for its expanding IoT satellite constellation, totaling 41 satellites in orbit. This deployment supports enhanced IoT connectivity and vehicle communications, demonstrating China's integration of satellite technology into industrial and automotive sectors. The strategic emphasis of the government on advancing space exploration and satellite communications underpins the broad expansion of VSAT applications, especially in rural and remote areas where broadband penetration remains limited. Initiatives targeting universal broadband access rely heavily on satellite systems to supplement terrestrial networks. Moreover, the government's drive to develop indigenous satellite manufacturing and launch capabilities strengthens China's position in the VSAT market by reducing dependence on foreign technology. Smart city projects and Internet of Things (IoT) deployments nationwide also contribute to growing demand for robust satellite communication. However, despite this momentum, regulatory complexities surrounding spectrum management and strict controls on satellite operations present challenges to market participants.

Key Findings of the VSAT (Very Small Aperture Terminal) Market Study:

The VSAT (very small aperture terminal) market is segmented into components, platforms, and applications. Based on components, the global VSAT (very small aperture terminal) market is segmented into Services and Equipment. The services segment held the largest share of the VSAT (very small aperture terminal) market in 2024. By platform, the market is segmented into Land VSAT, Maritime VSAT and Airborne VSAT. The Maritime VSAT segment held the largest share of the VSAT (very small aperture terminal) market in 2024. By geography, the VSAT (very small aperture terminal) market is segmented into North America, Asia Pacific, Europe, the Middle East & Africa, and South & Central America.

GlobalTT SaRL, NTvsat, Talia Communications Ltd, Afrikanet Oxford Consultech UK Ltd, Norsat International Inc, Sandstream Telecoms, VSATmena FZCO, Echostar Corp, and Link Communications Systems Ltd are among the key players profiled in the VSAT (very small aperture terminal) market report. Several other major players were studied and analyzed during the VSAT (very small aperture terminal) market analysis to get a holistic view of the market and its ecosystem. The VSAT (very small aperture terminal) market also provides detailed market insights, which help the key players strategize their growth. The report includes growth prospects owing to the current VSAT (very small aperture terminal) market trends and their foreseeable impact during the forecast period.

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