Strategy Analytics: VSAT Shipments will Nearly Double by 2020 as the Industry Reinvents Itself
Gallium Nitride (GaN) Revenue to Grow by Almost 300 Percent
BOSTON, June 22, 2016 /PRNewswire/ -- Spurred by new technology and architectures, Very Small Aperture Terminal (VSAT) applications are evolving from enterprise connectivity and video to competitive wireless broadband alternative.
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The Strategy Analytics Advanced Semiconductor Applications (ASA) service report, "Compound Semiconductor Content in Commercial Satellite Communications Networks: 2015 - 2020," indicates that growth in data traffic requirements will nearly double the quantity of all the elements of the commercial satellite communications network by 2020. The report concludes that this growth, coupled with increasing market share will fuel a 30 percent compound annual growth rate (CAGR) for GaN revenue in this segment over the forecast period.
Click here for the report: Compound Semiconductor Content in Commercial Satellite Communications Networks: 2015 - 2020
Eric Higham, Service Director, Advanced Semiconductor Applications service commented: "The VSAT industry is moving to higher frequencies, more onboard processing and High Throughput Satellites (HTS) as a means of enhancing the data rate capabilities of satcom networks." He added, "GaN is enabling these new capabilities, so we expect strong growth from the technology as it makes fast inroads into applications previously served by traveling wave tube amplifiers."
Asif Anwar, Service Director, Advanced Defense Systems service added: "While conventional applications are still the largest users, internet and mobility-related applications will be the fastest growing segments of the commercial satellite communications industry."
About Strategy Analytics
Strategy Analytics, Inc. provides the competitive edge with advisory services, consulting and actionable market intelligence for emerging technology, mobile and wireless, digital consumer and automotive electronics companies. With offices in North America, Europe and Asia, Strategy Analytics delivers insights for enterprise success. www.StrategyAnalytics.com
US Contact: Eric Higham, +1 617 614 0721, [email protected]
European Contact: Asif Anwar, +44(0) 1908 423635, [email protected]
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