Asia Pacific Enterprise VSAT Market Forecast (2014-2024)

Year CHINA INDIA JAPAN SOUTH KOREA SOUTH-EAST ASIA
2014 $ 276.82 $ 206.44 $ 179.26 $ 139.98 $ 105.04
2015 $ 292.63 $ 221.55 $ 187.97 $ 149.21 $ 109.46
2016 $ 310.4 $ 238.64 $ 197.84 $ 159.57 $ 114.49
2017 $ 330.31 $ 257.98 $ 208.99 $ 171.22 $ 120.18
2018 $ 352.54 $ 279.82 $ 221.5 $ 184.28 $ 126.58
2019 $ 377.2 $ 304.36 $ 235.43 $ 198.86 $ 133.7
2020 $ 404.68 $ 332.08 $ 251.01 $ 215.19 $ 141.65
2021 $ 435.43 $ 363.48 $ 268.48 $ 233.51 $ 150.56
2022 $ 470.07 $ 399.18 $ 288.13 $ 254.04 $ 160.56
2023 $ 509.22 $ 439.63 $ 310.29 $ 277.11 $ 171.85
2024 $ 553.51 $ 485.33 $ 335.46 $ 303.17 $ 184.61
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Asia Pacific Enterprise VSAT Market Forecast (2014-2024)

Synopsis
The above chart is Global Enterprise VSAT market [2014-2024] by Asia Pacific

Market Dynamics

China accounted for the largest market share in 2015 in the asia pacific enterprise vsat market, and is expected to reach usd 553.51 million in 2024 from usd 292.63 million in 2015. however, india is the fastest growing market, which is expected to grow at a cagr of 9.28% during the forecast period 2016 - 2024. service segment accounted for the larger market share in 2015, this market is expected to reach usd 1284.07 million in 2024 from usd 649.33 million in 2015. this market is projected to grow at a cagr of 8.04% during the forecast period from 2016 - 2024. large enterprise segment accounted for the larger market share in 2015, this market is expected to reach usd 1365.18 million in 2024 from usd 724.74 million in 2015. this market is projected to grow at a cagr of 7.46% during the forecast period from 2016 - 2024. however, small and medium enterprise segment is the fastest growing market, which is expected to grow at a cagr of 8.80% during the forecast period 2016 - 2024.

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