According to Fortune Business Insights, the global Very Small Aperture Terminal (VSAT) Market was valued at USD 10.20 billion in 2024 and is expected to reach USD 29.42 billion by 2032, growing at a CAGR of 13.9% from 2025 to 2032.
This growth is driven by the rising demand for high-speed satellite connectivity in remote and underserved areas lacking traditional infrastructure. VSAT systems have become essential for applications like telemedicine, education, defense, maritime communication, and emergency services.
In 2024, North America held the largest market share (30.88%), supported by strong satellite infrastructure, rural broadband expansion, and the presence of major players such as Hughes Network Systems and Viasat Inc.
These players are focusing on advanced dual-band solutions, scalable network architectures, and expanded global service portfolios.
https://www.fortunebusinessinsights.com/v-sat-market-110136