Satellite Communications Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2030

The Satellite Communications Market is segmented by Satellite Mass (10-100kg, 100-500kg, 500-1000kg, Below 10 Kg, above 1000kg), by Orbit Class (GEO, LEO, MEO), by End User (Commercial, Military & Government) and by Region (Asia-Pacific, Europe, North America). Market Value in USD is presented. Key Data Points observed include spending on space programs in USD by region; and, the count of satellite launches by satellite launch mass.

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Satellite Communications Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2030

Satellite Communications Market Size

Satellite Communications Market Summary
Study Period 2017 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Market Size (2025) USD 200.3 Billion
Market Size (2030) USD 318.9 Billion
CAGR (2025 - 2030) 9.76 %
Market Concentration High

Major Players

Satellite Communications Market Major Players

*Disclaimer: Major Players sorted in no particular order

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Satellite Communications Market Analysis

The Satellite Communications Market size is estimated at 200.3 billion USD in 2025, and is expected to reach 318.9 billion USD by 2030, growing at a CAGR of 9.76% during the forecast period (2025-2030).

The satellite communication industry is experiencing a transformative shift driven by technological advancements and increasing demand for global connectivity solutions. The emergence of new satellite constellations and innovative communication technologies has revolutionized the industry's landscape, with companies focusing on developing more efficient and capable systems. This evolution is particularly evident in the Low Earth Orbit (LEO) segment, which is projected to dominate the market with an expected 79.5% share by 2029, demonstrating the industry's shift towards more accessible and efficient satellite communication solutions.


The commercial sector has emerged as a primary driver of innovation and growth in the satellite communications market, with private companies leading the development of next-generation satellite networks. SpaceX, for instance, maintains its market leadership through consistent innovation and production capabilities, manufacturing approximately 120 satellites per month. The industry has also witnessed significant strategic movements, as exemplified by Amazon's subsidiary Kuiper Systems LLC receiving approval to launch 1,500 satellites by 2026, with plans to expand to 3,236 satellites by 2029 to provide global broadband internet services.


The satellite communication landscape is characterized by a robust ecosystem of orbital deployments across various altitudes, each serving specific communication needs. This is evidenced by the strategic distribution of satellites across different orbits, with recent data showing that out of 147 geostationary orbit (GEO) satellites, 105 were specifically deployed for communication purposes. The industry has also witnessed a remarkable surge in LEO deployments, with approximately 4,131 LEO satellites launched, of which 2,976 were dedicated to communication applications, highlighting the growing preference for lower-orbit communications infrastructure.


The market is experiencing a significant transformation in service delivery models, with operators increasingly focusing on integrated solutions that combine multiple orbital capabilities. This trend is reflected in the growing number of partnerships and collaborations between traditional satellite operators and new market entrants, fostering innovation in hybrid network solutions. Companies are developing multi-orbit capabilities to provide seamless connectivity, combining the advantages of different orbital positions to deliver comprehensive communication solutions. This evolution is particularly evident in the commercial sector, where operators are integrating GEO, MEO, and LEO capabilities to provide more reliable and efficient services across various applications, from broadband internet to specialized communication solutions. This reflects the future trends in satellite communication, where the integration of diverse orbital technologies is key to meeting the evolving demands of the global satellite communication market.

Segment Analysis: Satellite Mass

Above 1000kg Segment in Satellite Communications Market

The above 1000kg satellite segment dominates the global satellite communication market, accounting for approximately 57% of the total market value in 2024. These large satellites continue to be the preferred choice for major communications applications due to their superior capabilities in providing global connectivity and supporting high-bandwidth communications. These satellites are primarily utilized for satellite radio, communications, remote sensing, planetary security, and weather forecasting applications. The segment's dominance is reinforced by the increasing demand for high-throughput satellites (HTS) that require larger platforms to accommodate multiple transponders and sophisticated communication payloads. Major satellite operators and government agencies prefer these larger satellites for their reliability, longer operational lifespans, and ability to handle complex communication requirements across multiple frequency bands.

Market Analysis of Satellite Communications Market: Chart for Satellite Mass

10-100kg Segment in Satellite Communications Market

The 10-100kg satellite segment is experiencing remarkable growth in the satellite communications market, with a projected growth rate of approximately 30% during 2024-2029. This rapid expansion is driven by the increasing adoption of microsatellites for various communication purposes, including technology demonstration missions and specialized communication services. The segment's growth is fueled by advancements in miniaturization technology, reduced launch costs, and the ability to deploy these satellites in constellations for enhanced coverage. These microsatellites are becoming increasingly sophisticated, offering capabilities that were previously only available in larger satellites, while maintaining cost-effectiveness and operational flexibility. The trend towards microsatellite adoption is further supported by their shorter development cycles and the ability to rapidly replace or upgrade satellite networks.

Remaining Segments in Satellite Mass Segmentation

The remaining satellite mass segments, including 100-500kg, 500-1000kg, and below 10kg categories, each serve specific niches in the satcom market. The 100-500kg segment, primarily consisting of minisatellites, plays a crucial role in providing dedicated communication services for specific regions or applications. The 500-1000kg medium-sized satellites offer a balance between capability and cost, making them suitable for various communication applications requiring moderate capacity. The below 10kg segment, dominated by nanosatellites, is gaining traction in specialized communication applications and technology demonstration missions, particularly in academic and research settings. These segments collectively contribute to the diverse ecosystem of satellite communications, offering various options for different user requirements and applications.

Segment Analysis: Orbit Class

LEO Segment in Satellite Communications Market

Low Earth Orbit (LEO) dominates the satellite communication market, commanding approximately 83% of the market share in 2024. This significant market position is primarily driven by the segment's cost-effectiveness in launching satellites and shorter signal runtimes, resulting in lower latency compared to other orbits. LEO satellites typically operate at altitudes below 1000 km but can be as low as 160 km above Earth's surface, making them ideal for communications, military reconnaissance, espionage, and imaging applications. The competitive landscape in this segment is particularly dynamic, with major players like Amazon's Kuiper Systems and OneWeb's Starlink competing to provide global broadband connectivity from space following Federal Communications Commission (FCC) approvals. L-band radio frequencies are predominantly used in LEO platforms due to their resilience against weather conditions and atmospheric effects, making them particularly suitable for communication systems.

MEO Segment in Satellite Communications Market

The Medium Earth Orbit (MEO) segment is projected to experience the fastest growth in the satcom market during 2024-2029, with an expected growth rate of approximately 12%. Operating at an altitude of around 20,000 km, MEO satellites are increasingly being adopted for their strategic advantages in providing satellite communication services, offering benefits over both LEO and GEO satellites. The military's growing utilization of MEO satellites is particularly noteworthy, driven by advantages such as increased signal strength, improved communications and data transfer capabilities, and greater coverage area. This trend is supported by significant developments in the defense sector, where MEO satellites are being integrated into advanced missile tracking systems and military communication networks. The segment's growth is further bolstered by its ability to provide optimal solutions for various applications, including global navigation systems and satellite-based communication systems.

Remaining Segments in Orbit Class

The Geostationary Earth Orbit (GEO) segment continues to play a crucial role in the satellite communications market, particularly for applications requiring consistent coverage over specific geographical areas. GEO satellites, positioned at approximately 35,786 km above the Earth's equator, are especially valuable for weather monitoring, television broadcasting, and long-term communication services. These satellites maintain a fixed position relative to Earth's rotation, making them ideal for applications requiring constant coverage of specific regions. The GEO segment's stability and reliability make it particularly attractive for commercial broadcasting, military communications, and weather forecasting applications, despite the higher latency compared to LEO and MEO alternatives.

Segment Analysis: End User

Commercial Segment in Satellite Communications Market

The commercial segment dominates the global satellite communications market, accounting for approximately 94% of the total market value in 2024. This substantial market share is primarily driven by the expanding base of satellite applications and satellite communication services, including GPS-enabled services and high-speed internet connectivity. The segment's growth is further bolstered by the increasing interest in satellite internet services that utilize satellite signals for data transmission and reception. Major commercial players are actively expanding their satellite constellations in low-earth orbit to enable low-latency internet access from space, with companies like Amazon's Kuiper Systems planning to launch thousands of satellites by 2029 to offer worldwide satellite broadband internet services.

Military & Government Segment in Satellite Communications Market

The military and government segment is projected to experience the highest growth rate of approximately 32% during the forecast period 2024-2029. This remarkable growth is driven by the increasing requirement for faster strategic communication systems, tactical data links, and modern network-centric battle force capabilities. The continuous increase in the adoption of geospatial systems for better monitoring and faster response times has significantly contributed to the segment's expansion. Military C4ISR systems are increasingly moving to integrate higher levels of satellite-based architectures, while defense forces worldwide are collaborating with major defense companies for developing key projects such as missile tracking systems.

Remaining Segments in End User Segmentation

The other end users segment consists of satellites utilized by research institutions, colleges, and non-governmental organizations. These organizations play a crucial role in space-related research, technology development, and earth observation activities. Technical research institutes are significant developers of satellites, with dedicated funding from regional governments and private sectors for research and innovation in the space sector. The segment's growth is supported by continuous technological advancements and innovations in satellite communications, particularly in areas such as deep space exploration and educational initiatives.

Satellite Communications Market Geography Segment Analysis

Satellite Communications Market in Asia-Pacific

The Asia-Pacific satellite communication market represents a dynamic and rapidly evolving landscape, commanding approximately 20% of the global satcom market in 2024. The region's satellite communication sector is characterized by strong economic growth, increasing demand for connectivity, and significant technological advancements. Governments across the Asia-Pacific region are providing robust support for the development of the satcom market through investments in research and development, tax incentives for companies, and strategic partnerships with private sector entities. The emerging countries in the region are emphasizing the indigenization of satellite communication systems, moving away from traditional dependence on foreign technology. The market is witnessing increased demand for high-speed internet and data connectivity, driven by factors such as rapid urbanization, the rise of e-commerce, and the proliferation of mobile devices. Countries like China, Japan, and India are leading the regional growth with substantial investments in space infrastructure and satellite technology development. The commercial sector in the region is particularly active, with numerous private companies entering the market and developing innovative satellite communication solutions.

Market Analysis of Satellite Communications Market: Forecasted Growth Rate by Region

Satellite Communications Market in Europe

The European satcom market has experienced significant transformation, showing approximately a 29% decline during the period 2019-2024. Despite this historical trend, the European market continues to maintain its position as a crucial hub for satellite communications innovation and development. The region benefits from a well-established space infrastructure and strong institutional support through organizations like the European Space Agency. European countries are actively investing in next-generation satellite technologies, with a particular focus on developing advanced communication systems for both commercial and military applications. The market is characterized by strong collaboration between public and private sectors, fostering technological innovation and market development. France, Germany, and the United Kingdom are spearheading major satellite communication initiatives, with significant investments in research and development. The region's satellite communications industry is particularly focused on developing sustainable space technologies and ensuring secure communication channels for various applications, including agriculture, forestry, urban planning, transportation, energy, defense, and environmental monitoring. European companies are also at the forefront of developing innovative solutions for satellite broadband services and earth observation applications.

Satellite Communications Market in North America

The North American satellite communication market maintains its position as the global leader, with projections indicating robust growth of approximately 51% from 2024 to 2029. The region, particularly the United States, continues to dominate the global satellite communications landscape with its advanced technological capabilities and robust infrastructure. The market is characterized by a strong presence in both commercial and government sectors, providing critical communication services for military and government agencies, as well as the private sector. The region's satellite communications industry benefits from substantial private sector investments and government support, particularly through agencies like NASA and the Department of Defense. The market demonstrates remarkable technological advancement in areas such as high-throughput satellites, small satellite constellations, and advanced communication systems. The commercial sector is particularly dynamic, with numerous companies developing innovative satellite communication solutions for various applications, including broadband internet, telecommunications, and earth observation. The industry continues to evolve with an increasing focus on developing more efficient and cost-effective satellite communication solutions.

Satellite Communications Market in Rest of World

The Rest of World satellite connectivity market encompasses diverse regions including the Middle East, Africa, and Latin America, each presenting unique opportunities and challenges. These regions are experiencing growing demand for satellite communication services, particularly in areas with limited terrestrial infrastructure. The market is characterized by increasing investments in satellite technology for various applications, including telecommunications, broadcasting, and internet connectivity. Countries in these regions are actively developing their space capabilities and satellite communication infrastructure to bridge the digital divide and enhance connectivity. The Middle East, particularly the UAE and Saudi Arabia, is emerging as a significant player with substantial investments in satellite communication technology. Latin American countries are focusing on developing their satellite communication capabilities to serve their vast geographical areas and remote populations. The market is witnessing growing interest from international satellite operators and service providers, leading to increased competition and technological advancement. These regions are also seeing rising adoption of satellite communications for various applications, including maritime communications, emergency services, and rural connectivity.

Satellite Communications Industry Overview

Top Companies in Satellite Communications Market

The satellite communications market is characterized by continuous innovation and strategic developments among key players. Companies are heavily investing in next-generation satellite technologies, particularly in low Earth orbit (LEO) constellations and advanced communication systems. Operational agility is demonstrated through rapid satellite production capabilities and flexible deployment strategies, with manufacturers focusing on both large-scale constellation projects and specialized communication satellites. Strategic partnerships between satellite operators, launch service providers, and technology companies have become increasingly common to enhance market reach and technological capabilities. Companies are expanding their geographical presence through regional partnerships and establishing ground station networks worldwide, while also diversifying their service portfolios to include maritime, aviation, and government sectors.

Market Dominated by Established Global Players

The satcom industry exhibits a relatively concentrated structure dominated by large global conglomerates and specialized satellite communication companies. Major players like SpaceX, Airbus, and SES maintain significant market positions through their established satellite constellations and comprehensive service offerings. The market shows a mix of vertically integrated companies that handle manufacturing, launch services, and operations, alongside specialized providers focusing on specific market segments such as military communications or commercial broadband services. Market consolidation is actively occurring through strategic acquisitions and partnerships, particularly as companies seek to combine complementary capabilities in satellite technology and ground infrastructure.


The competitive landscape is evolving with the entry of new communication market competitors, especially in the commercial space sector, though high barriers to entry persist due to substantial capital requirements and technical expertise needed. Traditional satellite operators are adapting their business models to compete with emerging players, particularly in the LEO satellite segment. The market is seeing increased collaboration between established aerospace companies and technology firms, creating new competitive dynamics and service offerings. Regional players are gaining prominence in their respective markets through government support and localized service offerings.

Innovation and Adaptability Drive Future Success

Success in the satcom industry increasingly depends on companies' ability to innovate while maintaining cost-effectiveness. Incumbents must focus on developing more efficient satellite technologies, expanding their service portfolios, and optimizing their existing infrastructure to maintain market share. The ability to offer integrated solutions that combine different orbital capabilities (LEO, MEO, and GEO) is becoming crucial for market leadership. Companies need to establish strong relationships with government and military customers while expanding their commercial service offerings to ensure stable revenue streams. Regulatory compliance and spectrum management capabilities are becoming increasingly important as the orbital environment becomes more crowded.


For new entrants and smaller players, success lies in identifying and serving niche markets or developing innovative technologies that address specific customer needs. Companies must focus on building strategic partnerships to overcome infrastructure limitations and access established distribution networks. The ability to adapt to changing market demands and regulatory requirements while maintaining operational efficiency is crucial. Future success will depend on developing sustainable business models that can weather market fluctuations and technological changes. Companies must also consider environmental factors and space sustainability in their operational strategies to align with increasing regulatory scrutiny and customer preferences.

Satellite Communications Market Leaders

  1. Airbus SE

  2. China Aerospace Science and Technology Corporation (CASC)

  3. Maxar Technologies Inc.

  4. Space Exploration Technologies Corp.

  5. Thales

  6. *Disclaimer: Major Players sorted in no particular order
Satellite Communications Market Concentration
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Satellite Communications Market News

  • February 2023: SES, in partnership with ThinKom and Hughes, has introduced a revolutionary high-performance multi-orbit service capable of supporting multiple solutions for government aerial missions. Open Architecture ThinKom ThinAir Ka2517 aerial satcom terminal has been successfully demonstrated on SES's Medium Earth Orbit (MEO) and Geostationary (GEO) satellite networks
  • February 2023: Anuvu, a provider of high-speed connectivity solutions has signed an agreement with Telesat for new antennas and ground-station infrastructure to support the development of the Anuvu Constellation.
  • January 2023: Satellite communications provider Viasat has been awarded a contract by the United States Marine Corps to provide end-to-end satellite communications support, extending the agreement under which it provides satellite communications solutions under managed services.

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Satellite Communications Market
Satellite Communications Market
Satellite Communications Market
Satellite Communications Market

Satellite Communications Market Report - Table of Contents

1. EXECUTIVE SUMMARY & KEY FINDINGS

2. REPORT OFFERS

3. INTRODUCTION

  • 3.1 Study Assumptions & Market Definition
  • 3.2 Scope of the Study​
  • 3.3 Research Methodology

4. KEY INDUSTRY TRENDS

  • 4.1 Satellite Miniaturization
  • 4.2 Satellite Mass
  • 4.3 Spending On Space Programs
  • 4.4 Regulatory Framework
    • 4.4.1 Global
    • 4.4.2 Australia
    • 4.4.3 Brazil
    • 4.4.4 Canada
    • 4.4.5 China
    • 4.4.6 France
    • 4.4.7 Germany
    • 4.4.8 India
    • 4.4.9 Iran
    • 4.4.10 Japan
    • 4.4.11 New Zealand
    • 4.4.12 Russia
    • 4.4.13 Singapore
    • 4.4.14 South Korea
    • 4.4.15 United Arab Emirates
    • 4.4.16 United Kingdom
    • 4.4.17 United States
  • 4.5 Value Chain & Distribution Channel Analysis

5. MARKET SEGMENTATION (includes market size in Value in USD, Forecasts up to 2030 and analysis of growth prospects)

  • 5.1 Satellite Mass
    • 5.1.1 10-100kg
    • 5.1.2 100-500kg
    • 5.1.3 500-1000kg
    • 5.1.4 Below 10 Kg
    • 5.1.5 above 1000kg
  • 5.2 Orbit Class
    • 5.2.1 GEO
    • 5.2.2 LEO
    • 5.2.3 MEO
  • 5.3 End User
    • 5.3.1 Commercial
    • 5.3.2 Military & Government
    • 5.3.3 Other
  • 5.4 Region
    • 5.4.1 Asia-Pacific
    • 5.4.2 Europe
    • 5.4.3 North America
    • 5.4.4 Rest of World

6. COMPETITIVE LANDSCAPE

  • 6.1 Key Strategic Moves
  • 6.2 Market Share Analysis
  • 6.3 Company Landscape
  • 6.4 Company Profiles (includes Global Level Overview, Market Level Overview, Core Business Segments, Financials, Headcount, Key Information, Market Rank, Market Share, Products and Services, and Analysis of Recent Developments).
    • 6.4.1 Airbus SE
    • 6.4.2 China Aerospace Science and Technology Corporation (CASC)
    • 6.4.3 Cobham Limited
    • 6.4.4 EchoStar Corporation
    • 6.4.5 Intelsat
    • 6.4.6 L3Harris Technologies Inc.
    • 6.4.7 Maxar Technologies Inc.
    • 6.4.8 SES S.A.
    • 6.4.9 SKY Perfect JSAT Corporation
    • 6.4.10 Space Exploration Technologies Corp.
    • 6.4.11 Swarm Technologies, Inc.
    • 6.4.12 Thales
    • 6.4.13 Thuraya Telecommunications Company
    • 6.4.14 Viasat, Inc.

7. KEY STRATEGIC QUESTIONS FOR SATELLITE CEOS

8. APPENDIX

  • 8.1 Global Overview
    • 8.1.1 Overview
    • 8.1.2 Porter’s Five Forces Framework
    • 8.1.3 Global Value Chain Analysis
    • 8.1.4 Market Dynamics (DROs)
  • 8.2 Sources & References
  • 8.3 List of Tables & Figures
  • 8.4 Primary Insights
  • 8.5 Data Pack
  • 8.6 Glossary of Terms
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List of Tables & Figures

  1. Figure 1:  
  2. MINIATURE SATELLITES (BELOW 10KG), NUMBER OF LAUNCHES, GLOBAL, 2017 - 2022
  1. Figure 2:  
  2. SATELLITE MASS (ABOVE 10KG) BY REGION, NUMBER OF SATELLITES LAUNCHED, GLOBAL, 2017 - 2022
  1. Figure 3:  
  2. SPENDING ON SPACE PROGRAMS BY REGION, USD, GLOBAL, 2017 - 2022
  1. Figure 4:  
  2. GLOBAL SATELLITE COMMUNICATIONS MARKET, VALUE, USD, 2017 - 2029
  1. Figure 5:  
  2. VALUE OF SATELLITE COMMUNICATIONS MARKET BY SATELLITE MASS, USD, GLOBAL, 2017 - 2029
  1. Figure 6:  
  2. VALUE SHARE OF SATELLITE COMMUNICATIONS MARKET BY SATELLITE MASS, %, GLOBAL, 2017 VS 2023 VS 2029
  1. Figure 7:  
  2. VALUE OF 10-100KG MARKET, USD, GLOBAL, 2017 - 2029
  1. Figure 8:  
  2. VALUE OF 100-500KG MARKET, USD, GLOBAL, 2017 - 2029
  1. Figure 9:  
  2. VALUE OF 500-1000KG MARKET, USD, GLOBAL, 2017 - 2029
  1. Figure 10:  
  2. VALUE OF BELOW 10 KG MARKET, USD, GLOBAL, 2017 - 2029
  1. Figure 11:  
  2. VALUE OF ABOVE 1000KG MARKET, USD, GLOBAL, 2017 - 2029
  1. Figure 12:  
  2. VALUE OF SATELLITE COMMUNICATIONS MARKET BY ORBIT CLASS, USD, GLOBAL, 2017 - 2029
  1. Figure 13:  
  2. VALUE SHARE OF SATELLITE COMMUNICATIONS MARKET BY ORBIT CLASS, %, GLOBAL, 2017 VS 2023 VS 2029
  1. Figure 14:  
  2. VALUE OF GEO MARKET, USD, GLOBAL, 2017 - 2029
  1. Figure 15:  
  2. VALUE OF LEO MARKET, USD, GLOBAL, 2017 - 2029
  1. Figure 16:  
  2. VALUE OF MEO MARKET, USD, GLOBAL, 2017 - 2029
  1. Figure 17:  
  2. VALUE OF SATELLITE COMMUNICATIONS MARKET BY END USER, USD, GLOBAL, 2017 - 2029
  1. Figure 18:  
  2. VALUE SHARE OF SATELLITE COMMUNICATIONS MARKET BY END USER, %, GLOBAL, 2017 VS 2023 VS 2029
  1. Figure 19:  
  2. VALUE OF COMMERCIAL MARKET, USD, GLOBAL, 2017 - 2029
  1. Figure 20:  
  2. VALUE OF MILITARY & GOVERNMENT MARKET, USD, GLOBAL, 2017 - 2029
  1. Figure 21:  
  2. VALUE OF OTHER MARKET, USD, GLOBAL, 2017 - 2029
  1. Figure 22:  
  2. VALUE OF SATELLITE COMMUNICATIONS MARKET BY REGION, USD, GLOBAL, 2017 - 2029
  1. Figure 23:  
  2. VALUE SHARE OF SATELLITE COMMUNICATIONS MARKET BY REGION, %, GLOBAL, 2017 VS 2023 VS 2029
  1. Figure 24:  
  2. VALUE OF SATELLITE COMMUNICATIONS MARKET, USD, ASIA-PACIFIC, 2017 - 2029
  1. Figure 25:  
  2. VALUE SHARE OF SATELLITE COMMUNICATIONS MARKET %, ASIA-PACIFIC, 2017 VS 2029
  1. Figure 26:  
  2. VALUE OF SATELLITE COMMUNICATIONS MARKET, USD, EUROPE, 2017 - 2029
  1. Figure 27:  
  2. VALUE SHARE OF SATELLITE COMMUNICATIONS MARKET %, EUROPE, 2017 VS 2029
  1. Figure 28:  
  2. VALUE OF SATELLITE COMMUNICATIONS MARKET, USD, NORTH AMERICA, 2017 - 2029
  1. Figure 29:  
  2. VALUE SHARE OF SATELLITE COMMUNICATIONS MARKET %, NORTH AMERICA, 2017 VS 2029
  1. Figure 30:  
  2. VALUE OF SATELLITE COMMUNICATIONS MARKET, USD, REST OF WORLD, 2017 - 2029
  1. Figure 31:  
  2. VALUE SHARE OF SATELLITE COMMUNICATIONS MARKET %, REST OF WORLD, 2017 VS 2029
  1. Figure 32:  
  2. NUMBER OF STRATEGIC MOVES OF MOST ACTIVE COMPANIES, GLOBAL SATELLITE COMMUNICATIONS MARKET, ALL, 2017 - 2029
  1. Figure 33:  
  2. TOTAL NUMBER OF STRATEGIC MOVES OF COMPANIES, GLOBAL SATELLITE COMMUNICATIONS MARKET, ALL, 2017 - 2029
  1. Figure 34:  
  2. MARKET SHARE OF GLOBAL SATELLITE COMMUNICATIONS MARKET, %, ALL, 2023

Satellite Communications Industry Segmentation

10-100kg, 100-500kg, 500-1000kg, Below 10 Kg, above 1000kg are covered as segments by Satellite Mass. GEO, LEO, MEO are covered as segments by Orbit Class. Commercial, Military & Government are covered as segments by End User. Asia-Pacific, Europe, North America are covered as segments by Region.
Satellite Mass 10-100kg
100-500kg
500-1000kg
Below 10 Kg
above 1000kg
Orbit Class GEO
LEO
MEO
End User Commercial
Military & Government
Other
Region Asia-Pacific
Europe
North America
Rest of World
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Market Definition

  • Application - Various applications or purposes of the satellites are classified into communication, earth observation, space observation, navigation, and others. The purposes listed are those self-reported by the satellite’s operator.
  • End User - The primary users or end users of the satellite is described as civil (academic, amateur), commercial, government (meteorological, scientific, etc.), military. Satellites can be multi-use, for both commercial and military applications.
  • Launch Vehicle MTOW - The launch vehicle MTOW (maximum take-off weight) means the maximum weight of the launch vehicle during take-off, including the weight of payload, equipment and fuel.
  • Orbit Class - The satellite orbits are divided into three broad classes namely GEO, LEO, and MEO. Satellites in elliptical orbits have apogees and perigees that differ significantly from each other and categorized satellite orbits with eccentricity 0.14 and higher as elliptical.
  • Propulsion tech - Under this segment, different types of satellite propulsion systems have been classified as electric, liquid-fuel and gas-based propulsion systems.
  • Satellite Mass - Under this segment, different types of satellite propulsion systems have been classified as electric, liquid-fuel and gas-based propulsion systems.
  • Satellite Subsystem - All the components and subsystems which includes propellants, buses, solar panels, other hardware of satellites are included under this segment.
Keyword Definition
Attitude Control The orientation of the satellite relative to the Earth and the sun.
INTELSAT The International Telecommunications Satellite Organization operates a network of satellites for international transmission.
Geostationary Earth Orbit (GEO) Geostationary satellites in Earth orbit 35,786 km (22,282 mi) above the equator in the same direction and at the same speed as the earth rotates on its axis, making them appear fixed in the sky.
Low Earth Orbit (LEO) Low Earth Orbit satellites orbit from 160-2000km above the earth, take approximately 1.5 hours for a full orbit and only cover a portion of the earth’s surface.
Medium Earth Orbit (MEO) MEO satellites are located above LEO and below GEO satellites and typically travel in an elliptical orbit over the North and South Pole or in an equatorial orbit.
Very Small Aperture Terminal (VSAT) Very Small Aperture Terminal is an antenna that is typically less than 3 meters in diameter
CubeSat CubeSat is a class of miniature satellites based on a form factor consisting of 10 cm cubes. CubeSats weigh no more than 2 kg per unit and typically use commercially available components for their construction and electronics. 
Small Satellite Launch Vehicles (SSLVs) Small Satellite Launch Vehicle (SSLV) is a three-stage Launch Vehicle configured with three Solid Propulsion Stages and a liquid propulsion-based Velocity Trimming Module (VTM) as a terminal stage
Space Mining Asteroid mining is the hypothesis of extracting material from asteroids and other asteroids, including near-Earth objects.
Nano Satellites Nanosatellites are loosely defined as any satellite weighing less than 10 kilograms.
Automatic Identification System (AIS) Automatic identification system (AIS) is an automatic tracking system used to identify and locate ships by exchanging electronic data with other nearby ships, AIS base stations, and satellites. Satellite AIS (S-AIS) is the term used to describe when a satellite is used to detect AIS signatures.
Reusable launch vehicles (RLVs) Reusable launch vehicle (RLV) means a launch vehicle that is designed to return to Earth substantially intact and therefore may be launched more than one time or that contains vehicle stages that may be recovered by a launch operator for future use in the operation of a substantially similar launch vehicle.
Apogee The point in an elliptical satellite orbit which is farthest from the surface of the earth. Geosynchronous satellites which maintain circular orbits around the earth are first launched into highly elliptical orbits with apogees of 22,237 miles.
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Research Methodology

Mordor Intelligence follows a four-step methodology in all our reports.

  • Step-1: Identify Key Variables: In order to build a robust forecasting methodology, the variables and factors identified in Step-1 are tested against available historical market numbers. Through an iterative process, the variables required for market forecast are set and the model is built on the basis of these variables.
  • Step-2: Build a Market Model: Market-size estimations for the historical and forecast years have been provided in revenue and volume terms. For sales conversion to volume, the average selling price (ASP) is kept constant throughout the forecast period for each country, and inflation is not a part of the pricing.
  • Step-3: Validate and Finalize: In this important step, all market numbers, variables and analyst calls are validated through an extensive network of primary research experts from the market studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.
  • Step-4: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms.
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Tables belong in spreadsheets. Like you, we also believe that spreadsheets are better suited for data evaluation. We don't clutter our reports with data tables. We provide an excel document with each report that contains all the data used to analyze the market.

Satellite Communications Market Research FAQs

How big is the Global Satellite Communications Market?

The Global Satellite Communications Market size is expected to reach USD 200.25 billion in 2025 and grow at a CAGR of 9.76% to reach USD 318.93 billion by 2030.

What is the current Global Satellite Communications Market size?

In 2025, the Global Satellite Communications Market size is expected to reach USD 200.25 billion.

Who are the key players in Global Satellite Communications Market?

Airbus SE, China Aerospace Science and Technology Corporation (CASC), Maxar Technologies Inc., Space Exploration Technologies Corp. and Thales are the major companies operating in the Global Satellite Communications Market.

Which segment has the biggest share in the Global Satellite Communications Market?

In the Global Satellite Communications Market, the LEO segment accounts for the largest share by orbit class.

Which region has the biggest share in the Global Satellite Communications Market?

In 2025, North America accounts for the largest share by region in the Global Satellite Communications Market.

What years does this Global Satellite Communications Market cover, and what was the market size in 2025?

In 2025, the Global Satellite Communications Market size was estimated at 200.25 billion. The report covers the Global Satellite Communications Market historical market size for years: 2017, 2018, 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Global Satellite Communications Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Satellite Communications Market Research

Mordor Intelligence provides a comprehensive analysis of the global satellite communications market, utilizing our extensive expertise in the satellite communication industry. Our detailed examination covers the full range of satellite based communication. This includes airborne SATCOM systems, optical satellite communication, and satellite ground station equipment. The report offers in-depth insights into future trends in satellite communication. It analyzes both satellite communication equipment and developments in the satellite modem market across key regions.

Stakeholders in the SATCOM industry gain from our thorough analysis of satellite internet market dynamics and developments in the satellite telecommunications industry. The report, available as a PDF for easy download, includes crucial data on satellite ground station infrastructure, satellite connectivity solutions, and emerging communication market trends. Our research methodology incorporates satellite market research from multiple sources, providing actionable insights for businesses in both the commercial satellite internet and satellite equipment market segments. The analysis features detailed data on the global SATCOM market forecast and satellite communication market size projections, enabling informed decision-making for industry participants.