With the introduction of high-throughput satellites using Ku-band, directed at the aeronautical and marine sectors, innovations in the satellite sector have been overwhelming. In addition, the continuing deployment of high-throughput satellite (HTS) technologies from renowned players, such as Inmarsat, has been influential in pushing the availability of satellite capacity over the next three years, which is expected to be about 15 percent higher over coastlines. It is anticipated that this incremental supply will augment the market growth analyzed. Market-friendly technological advances include — the implementation of high-speed cable modems, gyro-stabilized floor terminals, multi-frequency antenna transmitters, and the development of all-plastic models that are more resilient to the hostile fishing environment. Significant investment and research have also been revealed to allow enhanced vessel-wide infrastructure, contributing to technological upgrades and promoting maritime satellite communication market growth.
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During the forecast period, the very tiny opening terminal (VSAT) technology segment is projected to dominate the industry for maritime satellite communication. VSAT currently maintains over 61 percent of the overall market share. The fast transition from mobile satellite communication (MSS) to VSAT is ascribed to VSAT maritime users ' bandwidth and price benefits. VSAT's reach across the Ka-Band is currently peaking and this pattern is anticipated to persist until 2028. On the other hand, due to the growing activities of maritime cable relay facilities across Ku-Band, the Ku-Band section is anticipated to record the largest growth during the forecast period. With a share of over 29 percent in 2015, information processing facilities are anticipated to achieve the largest commercial percentage over the forecast period, and the communication service sector will experience the greatest development owing to increased use of video conferencing and entertainment-based applications.
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