Albany, NY -- (SBWIRE) -- 02/01/2017 -- VSAT services help in maritime surveillance, commodity tracking, identifying illegal fishing, improving maritime domain awareness (MDA), search and rescue operations, and anti-piracy. The major customers for this market are government agencies and commercial markets such as oil and gas companies. Protected patents and technology help companies in this market to enhance the reliability of communications. The adoption of maritime VSAT equipment among marine vehicles is rising rapidly.

The global maritime VSAT market to grow at a CAGR of 13.74% during the period 2017-2021. The report covers the present scenario and the growth prospects of the global maritime VSAT market for 2017-2021. To calculate the market size, the report considers the revenue generated from the services including installation and maintenance support of maritime VSAT terminals. And also, the revenue generated from satellite communication providers and operators for offering connectivity services across frequency bands such as Ka and Ku bands, L-band, C-band, and high-throughput satellite (HTS) to oil and gas companies, government organizations, and vessel operators

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

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Technavio's report, Global Maritime VSAT Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Harris CapRock
- Hughes Network Systems
- Inmarsat
- KVH Industries
- ViaSat
- VT iDirect

Other prominent vendors
- Comtech Telecommunications
- Emerging Markets Communications
- OmniAccess
- Raytheon
- SageNet
- SpeedCast
- Telespazi

Market driver
- Growing adoption of satellite communication to monitor oil and gas rigs
- For a full, detailed list, view our report

Market challenge
- Congestion of frequency bands
- For a full, detailed list, view our report

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Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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