KVH Strengthens its Leadership Position in the Maritime VSAT Market, According to Independent Industry Report”Prospects for Maritime Satellite Communications,” by Euroconsult, shows KVH with nearly…

[Excerpt] MIDDLETOWN, R.I., April 10, 2018 (GLOBE NEWSWIRE) — Mobile tech innovator KVH Industries, Inc., (Nasdaq:KVHI), continued its #1 leadership position in the maritime VSAT market based on total number of units fielded, and increased its market share, according to a newly released report by Euroconsult, the leading global consulting firm specializing in space markets. “Prospects for Maritime Satellite Communications, 6th Edition” reports that KVH’s share of the industry’s fielded VSAT terminals is 31.2%, up from 26% in the previous report four years ago. In the new analysis, KVH’s market share in terms of number of VSAT terminals was reported to be nearly double that of its next closest competitor, as of the end of 2017.

Click here to read article

Related Articles