Very-small-aperture Terminal - Maritime VSAT - Market

Market

According to the Maritime VSAT report issued by the Comsys Group their research shows that stabilised maritime VSAT services (not including oil & gas rigs) reached more than $400 million in 2007. In 2010 the COMSYS group released the "2nd Maritime VSAT Report" where the market estimate had increased to $590 million in 2009 with predictions for 2010 at $850 m. The estimated size of the market in terms of vessels eligible to get VSAT was in this report set to in excess of 42.000 with just over 34.000 to go. The major companies market share in terms of number of vessels in service were in 2009 (2007 in parenthesis) according to these reports: Vizada: 17,6% (26.0%), Ship Equip: 11.0% (10.7%), Cap Rock 2.8% (2.9%), MTN 7.5% (6.4%), Stratos - % (3.6%), KVH 5.4% (- %) Elektrikom 4.9% (3.2%), Intelsat 3.4% (- %), Eutelsat 3.1%, NSSL 3.1%, Radio Holland 3.0%, Telemar 3.0%, DTS 2.6% and others accounted for 32.6% (27.7%). Many of the major providers have branded their maritime VSAT offering such that Vizada offers its service through the Marlink division and the SeaLink and WaveCall products, OmniAccess through their BroadBEAM products and Ship Equip calls its offering Sevsat.

Read more about this topic:  Very-small-aperture Terminal, Maritime VSAT

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