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Research and Markets: Global Maritime VSAT Market Report 2014DUBLIN --(Business Wire)-- Research and Markets (http://www.researchandmarkets.com/research/2fr8qq/global_maritime) has announced the addition of the "Global Maritime VSAT Market 2014-2018" report to their offering. The Global Maritime VSAT market to grow at a CAGR of 8% over the period 2014-2018 A VSAT network comprises a main station or hub and other sites located at remote places, which communicate with the satellite. These networks provide good wireless broadband connectivity in remote areas where wireline connectivity is not possible. To transmit and receive data, VSAT systems and applications make use of geostationary satellites that are placed in the geostationary orbit over the equator at an altitude of 35,786 kilometres. One major trend in the market is the adoption of IP-based applications. Most organizations are growing their business and are turning to bigger enterprises, thereby creating a need for IP-based applications or better logistics management with real time reporting. According to the report, one of the main drivers in this market is the need to reduce operational cost. Shipping organizations are focusing on reducing operational cost. Operators can curb operational cost with the help of VSAT as it provides fixed monthly charges facility. Further, the report states that one of the major challenges is on-board technical issues. The installation process is often cumbersome including point/peak of the antenna, alignment of its polarization, and then setting the transmit power. The Global Maritime VSAT market can be segmented into two segments as Services and Terminals, which is further divided into four sub-segments. Services include Ku-band Services, L-band Services, C-band Services and HTS Services, whereas Terminals include Ku-band Terminals, L-band Terminals, C-band Terminals and HTS Terminals. Key Vendors
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