Increase in import and export operations through the marine industry and increased technological advancements in the VSAT Maritime Satellite Communications Market drive growth of the market. In addition, increasing VSAT satellite applications in civil and military maritime sectors fuels growth of the market. However, lack of reliability in satellite services and lack of awareness among consumers to …
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VSAT Maritime Satellite Communication Market Projected To Reach $2,962.65 Million By 2030
According to a recent report published by Allied Market Research, titled, “VSAT maritime satellite communication market by component, band type, services, and end user: global opportunity analysis and industry forecast, 2021–2030,” the global VSAT maritime satellite communication market was valued at $1.34 billion in 2020, and is projected to reach $2.96 billion by 2030, registering a CAGR of …