The market for Maritime VSAT is highly active, and KVH (News - Alert) Industries Inc.—a provider of in-motion satellite TV and communications systems—appears to be doing well with its mini-VSAT broadband service. According to Euroconsult, a global consulting firm specializing in space markets, KVH’s share of the industry's 11,000 activated maritime VSAT terminals is up 10 percent from 2012.
In fact, the report titled "Maritime Telecom Solutions by Satellite: Global Market Analysis & Forecasts, 3rd Edition," indicated that KVH's market share was double that of its next closest competitor. And that may well be so, considering that KVH grew its VSAT service revenues by 33 percent in 2013.
KVH’s mini-VSAT Broadband service, designed from the ground up, is considered to be a new generation maritime satellite communications solution that utilizes ArcLight spread spectrum technology from ViaSat (News - Alert), Inc. Its line of antenna systems has been designed exclusively for mini-VSAT broadband service.
Also, to cater to increasing customer base worldwide, it has more than doubled the capacity of the mini-VSAT broadband network in the last year by using advanced technology from ViaSat. Its networks can thus handle transmissions efficiently and a greater amount of data can be transmitted.
Its recently IP-MobileCastTM content delivery service, to be made available later this year, is expected to deliver news, entertainment, sports, and training content directly to subscribing vessels using the mini-VSAT broadband network using a separate data stream.
According to Martin Kits van Heyningen, CEO at KVH, broadband connectivity has become a business necessity for operational efficiencies and for crew welfare, and the industry is on the lookout for fast and affordable solutions to their satellite communications needs. KVH’s mini-VSAT broadband service fulfills both these needs. This service provides for fast Internet downloads, has low latency and is ideal for new applications being adopted by ship management companies for crew and maritime customers.
“We are unique in the industry for being the only global player with a true end-to-end solution not only for connectivity and antenna hardware, but also for content. We see content delivery as the next big area of demand from maritime vessels, and we already have a solution," said van Heyningen.
With so much happening, it’s easy to see why demand for KVH VSAT services will increase and why its services revenues will meet or even exceed the estimated forecasts for the future.
Edited by Alisen Downey