Online retailers in Singapore need to consider investing in Very Small Aperture Terminal (VSAT) satellite Internet and other digital services, as the industry would continue to grow in the near future.
By 2025, the e-commerce sector would reach a value of $7.5 billion, which would be five times more than the value in 2016. There are many reasons using satellite Internet is a good option to make sure your business stays connected.
Global coverage serves as a distinct advantage of using satellite Internet. Singapore may be a small country, but the population density means more people may be using the same Internet signals that could result in slower speeds.
Natural terrain and man-made infrastructure can also make it difficult to establish a connection from the ground, so using a satellite dish for Internet connections lets users avoid having spotty connections. Installation is easy, with no need for complicated wiring and hardware systems. Singapore’s status as an e-commerce hub also means that competition among satellite Internet providers requires them to provide the best rates.
Aside from a high-speed Internet, Singapore has become an e-commerce hub due to the number of people who patronise the sector. More than 80% of the population are online every day and this provides online retailers with an opportunity to reach a wider market constantly.
The working class, in particular, regularly purchases items online. Those who are between 25 and 54 do so after working hours, which indicated that they depend more on e-commerce to complete their shopping lists.
Internet connection arguably serves as the most important part of any e-commerce business. As the sector grows in Singapore, online enterprises need to invest in tools and resources that make them prepared to take on new business opportunities in the future.