Taking advantage of the growing demand for broadband
services by small and medium enterprises, financial institutions and defence
forces in the underpenetrated areas, it's time to leverage on these
opportunities. VSAT(Very Small Aperture Terminal) services are proving to be an
important response solution for government agencies in ensuring telecom connectivity
in the affected regions, thereby opening up a new area of opportunity.
As more banks and financial institutions expand their reach
in underbanked areas in order to achieve their financial inclusion targets, the
demand for VSAT services is bound to increase. Another major business driver
for the VSAT segment is the educational services industry. Many educational
institutes are demanding VSAT services to provide tele-classroom facilities to
their students on campus.
Various government agencies are offering or planning to
offer e-governance services in the fields of health care, finance and education
in rural areas, creating significant demand for VSAT services. Apart from the
rise in demand for VSAT services, the fall in VSAT prices by nearly 20 per cent
over the past three years has helped the industry grow. Many small enterprises
with limited budgets are now considering opting for VSAT services owing to the
price reduction. Most of these enterprises are located in areas with poor or
limited broadband connectivity.
Going forward, the BFSI, government and defence sectors are
likely to dominate the demand for these services. Leveraging its expertise in
providing 24x7 broadband connectivity to financial institutions and government
agencies, VSAT can help strengthen the market position.
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