LONDON--(EON: Enhanced Online News)--Technavio’s latest report on the global enterprise VSAT market provides an analysis on the most important trends expected to impact the market outlook from 2017-2021. Technavio defines an emerging trend as a factor that has the potential to significantly impact the market and contribute to its growth or decline.
“Skybox Imaging, which was acquired by Google in 2014, launched its fleet of LEO satellites to provide a new source for big data analysis. The company provides high-resolution images and videos of any spot on the Earth three times per day”
Abhishek Sharma, a lead analyst from Technavio, specializing in research on M2M and connected devices sector, says, “In the telecommunication sector, mobile network operators and internet service providers use VSAT technology to establish cost-effective backhaul networks. Backhaul networks require high-speed data transfer to establish a connection between two network operation centers or switching centers spread over a large area.”
The broadband services segment will grow rapidly during the forecast period. This growth is attributed to the increased demand for broadband services among government users, media users, SMEs, and other end-users. Furthermore, the increasing demand for higher data rates is prompting VSAT terminal vendors to develop and introduce new product models, which can support services demanded by customers.
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The top four emerging trends driving the global enterprise VSAT market according to Technavio ICT research analysts are:
- Cloud-based big data services
- Increasing satellite throughput and lower latency
- Technology upgrading in VSAT system
- Increased availability of advanced aerial imagery
Cloud-based big data services
Satellites generate large volumes of information in the form of images, which can be difficult to analyze. This has created the need for data analytics as it would provide meaning and structure to large volumes of unstructured data. Companies realize the growing need to analyze the data generated by satellites and are intending to enter the analytics space.
“Skybox Imaging, which was acquired by Google in 2014, launched its fleet of LEO satellites to provide a new source for big data analysis. The company provides high-resolution images and videos of any spot on the Earth three times per day,” according to Abhishek.
Increasing satellite throughput and lower latency
High throughput Spacebus Neo platform developed by Thales Alenia allows satellite operators to deliver high-speed broadband internet to end-users at an affordable price. In countries, such as Africa, where there is low penetration level of internet subscribers, the adoption of such platforms is high.
In the global consumer service satellite market, which generated revenue worth USD 101 billion, the global satellite broadband segment was valued at USD 2 billion in 2014. In addition, out of more than 2.3 million global subscribers, more than 1.5 million satellite broadband subscribers were from the US.
Technology upgrading in VSAT system
Advances in the technology of VSAT system (HughesNet JUPITER technology) allows optimized transponder utilization of HTS. This is done by supporting higher modulation schemes such as 32 Amplitude and phase-shift keying (APSK). This scenario will lead to the growth in its adoption and increase in the capacity of use of the transponders. An improvement in the telecom network worldwide has enhanced the uplink and downlink data speed.
Increased availability of advanced aerial imagery
High-resolution digital satellite aerial imagery has gained popularity among government organizations, planners, developers, and engineers. The technology helps in real-estate management, land calculations, mining operations, road planning, and small-scale mapping for most land applications. The information from aerial images, along with geographic information system (GIS) mapping, is used for analysis, strategic planning, and evaluation in engineering and urban planning.
The key vendors are as follows:
- Gilat Satellite Networks
- Hughes Network Systems
- VT iDirect
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