The maritime satellite communications market is in for a real treat if the latest projections from Visiongain analysts come true. The firm put out a report this morning that predicted a $755.8 million value for the maritime satellite market in 2012, with potential growing during the next decade.
   Visiongain’s "Marine Satellite Communications Market" report noted that despite the maritime industry’s reputation at being inherently slow in adopting new technologies, the satellite sector provides a real competitive threat for every industry which tries to create space in the maritime sector. "The fierce competition in the marine satellite communications market due to VSAT makes the market very dynamic, providing considerable opportunities in its various sub-markets," Visiongain wrote in the report.
   With several companies in the global maritime and MSS satellite communications markets reporting growth in VSAT terminal sales and services due to an increasing amount of vessels adding L-, C-, Ku-, and Ka-band connectivity, even the conservative estimates shine favorably on the sector. It will be interesting to see if that confidence shines as brightly for satellite during OilComm panel sessions populated with representatives for a mixture of platforms. Backed by Visiongain’s numbers, satellite should view itself less as a "back-up" solution and more as the biggest name in the game.