Saudi Arabia Very Small Aperture Terminal (vsat) Market Size & Outlook
The very small aperture terminal (vsat) market in Saudi Arabia is expected to reach a projected revenue of US$ 160.0 million by 2030. A compound annual growth rate of 8.2% is expected of Saudi Arabia very small aperture terminal (vsat) market from 2024 to 2030.
Revenue, 2023 (US$M)
$92.3
Forecast, 2030 (US$M)
$160.0
CAGR, 2024 - 2030
8.2%
Report Coverage
Saudi Arabia
Saudi Arabia very small aperture terminal (vsat) market, 2018-2030 (US$M)
Related Markets
Saudi Arabia very small aperture terminal (vsat) market highlights
- The Saudi Arabia very small aperture terminal (vsat) market generated a revenue of USD 92.3 million in 2023 and is expected to reach USD 160.0 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 8.2% from 2024 to 2030.
- In terms of segment, equipment was the largest revenue generating solution in 2023.
- Connectivity Services is the most lucrative solution segment registering the fastest growth during the forecast period.
Very small aperture terminal (vsat) market data book summary
| Market revenue in 2023 | USD 92.3 million |
| Market revenue in 2030 | USD 160.0 million |
| Growth rate | 8.2% (CAGR from 2023 to 2030) |
| Largest segment | Equipment |
| Fastest growing segment | Connectivity Services |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Equipment, Support Services, Connectivity Services |
| Key market players worldwide | Orbit Communication Systems, L3Harris Technologies Inc, Gilat Satellite Networks Ltd, Cobham SATCOM, Troppus Software, an EchoStar Corporation, Singtel, Thuraya Telecommunications, Viasat Inc |
Other key industry trends
- In terms of revenue, Saudi Arabia accounted for 3.2% of the global very small aperture terminal (vsat) market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, UAE very small aperture terminal (vsat) market is projected to lead the regional market in terms of revenue in 2030.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 200.0 million by 2030.
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Very Small Aperture Terminal (VSAT) Market Scope
Very small aperture terminal (vsat) market segmentation & scope
Very Small Aperture Terminal (VSAT) Market Companies
| Name | Profile | # Employees | HQ | Website |
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Saudi Arabia very small aperture terminal (vsat) market size, by solution, 2018-2030 (US$M)
Saudi Arabia Very Small Aperture Terminal (VSAT) Market Outlook Share, 2023 & 2030 (US$M)
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