Satellite Internet Market Size
| Study Period | 2019 - 2030 |
| Market Size (2025) | USD 7.52 Billion |
| Market Size (2030) | USD 18.51 Billion |
| CAGR (2025 - 2030) | 19.74% |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
| Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
Satellite Internet Market Analysis
The Satellite Internet Market size is estimated at USD 7.52 billion in 2025, and is expected to reach USD 18.51 billion by 2030, at a CAGR of 19.74% during the forecast period (2025-2030).
- Driven by technological advancements, a growing demand for connectivity, and efforts to bridge the digital divide, the satellite internet market is undergoing significant growth and transformation. The rise of LEO (Low-Earth Orbit) satellite constellations is reshaping the satellite internet landscape. Offering global coverage and reduced latency, LEO satellites from companies like SpaceX and OneWeb are outpacing traditional geostationary satellites. This leap not only enhances user experience but also broadens accessibility.
- High Throughput Satellites (HTS) are revolutionizing data transmission, boasting improved capacity and efficiency, which translates to faster speeds and reduced latency. Now, with the integration of advanced digital payload technologies, these satellites are catering to diverse markets and adapting to evolving applications, drawing in a larger user base.
- Satellite internet is emerging as a vital solution for connecting remote and underserved regions, especially where terrestrial networks fall short. This capability proves essential for rural services, disaster recovery, and emergency responses.
- The fusion of satellite and 5G networks is paving the way for new avenues in broadband satellite services. By harnessing the strengths of both technologies, satellite operators and telecom firms are joining forces to ensure seamless connectivity, delivering high-speed internet to urban, rural, and remote locales.
- In January 2023, a collaboration was unveiled between Iridium Communications and Qualcomm Technologies, focusing on smartphone satellite messaging and emergency services. This alliance not only empowers satellite services for various smartphone brands but also hints at potential expansion to other consumer electronics. Qualcomm has expressed intentions to back Snapdragon Satellite with 5G Non-Terrestrial Networks (NTN) once the NTN satellite infrastructure is operational.
- Launching and maintaining satellites involves substantial costs, including the design, manufacturing, and deployment of sophisticated technology. These high capital expenditures can lead to increased subscription fees for consumers, making satellite internet less economically feasible compared to other forms of internet access.
- The COVID-19 pandemic highlighted the critical need for reliable internet, especially for remote work and digital interactions. In the aftermath, as businesses and individuals prioritize dependable connectivity—particularly in areas with limited traditional options—demand for satellite internet services has surged.
Satellite Internet Market Trends
IoT to Drive the Market Demand
- Industries, especially in remote and underserved regions, are seizing significant opportunities through the integration of satellite internet with the Internet of Things (IoT). Satellite IoT functions by using IoT devices with satellite communication terminals to send data to orbiting satellites. These satellites then forward the data to ground stations, which process and direct it to cloud platforms for analysis.
- Technologies such as LoRaWAN, when paired with satellite systems, enable low-power, long-range communication for IoT applications. This synergy boosts the efficiency and scalability of satellite IoT solutions.
- The industrial sector's increasing embrace of autonomous systems and connected devices is positively impacting the market. Ericsson projects that massive IoT connections will double, nearing 200 million. Furthermore, by the close of 2027, 40% of cellular IoT connections are forecasted to be broadband IoT, predominantly via 4G.
- Falling device costs, emerging applications, and innovative business models have accelerated IoT adoption, leading to a surge in global connected devices and endpoints. Technologies like NB-IoT and Cat-M1 are being globally deployed. Notably, these massive IoT technologies are set to account for 51% of all cellular IoT connections, surpassing broadband IoT connections. This surge in IoT adoption amplifies the demand for satellite communication, propelling the market's growth.
- As organizations increasingly adopt IoT, companies worldwide are leveraging satellite communication to broaden their IoT reach, often through strategic alliances and partnerships. In a recent move, Astrocast teamed up with Soracom to enhance customer connectivity options via SatIoT. Soracom, aiming to be a leading IoT connectivity provider, sought a SatIoT partner to ensure secure consumer links and premium value. Astrocast, a frontrunner in the SatIoT domain, brings robust technology and a customer-centric approach, ensuring the successful integration of their SatIoT capabilities into the Soracom platform.
- Given the rising collaborations fueled by keen interest in satellite-based IoT connectivity, the vigorous growth of the IoT sector, and the limitations of terrestrial network coverage, the market is poised for an accelerated growth rate in the coming years.
North America is Expected to Hold a Major Share of the Market
- North America's demand for satellite internet is surging, propelled by the need for dependable connectivity in underserved regions, technological innovations, and proactive government initiatives.
- For rural communities lacking traditional broadband, satellite internet emerges as a vital solution. North America's expansive and sparsely populated areas often turn to satellite technology for their internet needs.
- Government efforts to bridge the digital divide are amplifying the demand for satellite internet. Programs like the Federal Communications Commission’s (FCC) Rural Digital Opportunity Fund are financially backing broadband expansion in these underserved regions, further energizing the market.
- The United States Space Force (USSF) manages the USD 6.8 billion Satellite Control Network (SCN), a global ground network with fixed antennas at seven sites, overseeing commands for over 190 military and government satellites. Concurrently, North American government agencies are actively launching new satellite and navigation systems, propelling the satellite communication industry's growth.
- Given its open borders, the US coastal waters are particularly susceptible. The vast maritime domain grapples with threats from terrorism, crime, and natural disasters. Such challenges underscore the importance of a robust detection and identification system to ensure maritime safety. These dynamics are expected to shape the regional market during the forecast period.
- Furthermore, satellite internet ensures secure bandwidth for military operations in remote areas with unreliable communication. Looking ahead, revenue from Fixed Satellite Services (FSS) for government and military use is set to see a marked increase in North America.
- In summary, as satellite internet meets essential connectivity demands in rural North America and evolves with the digital communication landscape, its demand is on track for significant growth.
Satellite Internet Industry Overview
The Satellite Internet market is highly competitive and fragmented, primarily driven by the presence of major players. These key players employ strategies such as mergers, acquisitions, and product innovations to maintain a competitive edge and broaden their global footprint. Key player include SpaceX Starlink, Viasat, Inc., Hughes Network Systems, LLC and others.
The future of the satellite internet market looks promising as it evolves to meet the growing demand for high-speed connectivity across various sectors. With advancements in technology, increased investment in infrastructure, and a focus on bridging the digital divide, satellite internet is set to play a pivotal role in global communications. As challenges such as latency and cost continue to be addressed through innovation, satellite internet will increasingly become a viable alternative to traditional broadband solutions, particularly in underserved regions around the world.
Satellite Internet Market Leaders
-
SpaceX Starlink
-
Viasat, Inc.
-
Hughes Network Systems, LLC
-
EchoStar Corporation
-
SES S.A.
- *Disclaimer: Major Players sorted in no particular order
Satellite Internet Market News
- November 2024: SpaceX launched 24 new Starlink internet satellites into orbit from Florida's Space Coast and landed a rocket at sea in the second of back-to-back launches. SpaceX has now launched 106 Falcon 9 missions in 2024. Nearly 70% of them have been dedicated to building out the Starlink megaconstellation, which currently consists of more than 6,500 active spacecraft.
- June 2024: Reliance Jio Platforms’ JV receives approval from IN-SPACe to launch satellite internet in India. The approvals were issued to Orbit Connect India that will provide satellite-based high-speed internet access.
Satellite Internet Industry Segmentation
Satellite internet is a wireless connection spread across multiple satellite dishes located both on earth and in space and provide remote areas of the planet with valuable access to core networks. This keeps them connected, providing them with access to up-to-date information and communication systems.
The satellite internet market is segmented by frequency band (c-band, l-band, x-band, k-band), by connectivity (two-way service, one-way service, hybrid service), by end-user (residential, commercial, government and defense), by geography (North America, Europe, Asia-Pacific, Latin America, Middle East and Africa). The market sizes and forecasts are provided in terms of value (USD) for all the above segments.
| By Frequency Band | C-Band |
| L-Band | |
| X-Band | |
| K-Band | |
| By Connectivity | Two-Way Service |
| One-Way Service | |
| Hybrid Service | |
| By End-users | Residential |
| Commercial | |
| Government and Defense | |
| By Geography*** | North America |
| Europe | |
| Asia | |
| Australia and New Zealand | |
| Latin America | |
| Middle East and Africa |
| C-Band |
| L-Band |
| X-Band |
| K-Band |
| Two-Way Service |
| One-Way Service |
| Hybrid Service |
| Residential |
| Commercial |
| Government and Defense |
| North America |
| Europe |
| Asia |
| Australia and New Zealand |
| Latin America |
| Middle East and Africa |
Satellite Internet Market Research FAQs
How big is the Satellite Internet Market?
The Satellite Internet Market size is expected to reach USD 7.52 billion in 2025 and grow at a CAGR of 19.74% to reach USD 18.51 billion by 2030.
What is the current Satellite Internet Market size?
In 2025, the Satellite Internet Market size is expected to reach USD 7.52 billion.
Who are the key players in Satellite Internet Market?
SpaceX Starlink, Viasat, Inc., Hughes Network Systems, LLC, EchoStar Corporation and SES S.A. are the major companies operating in the Satellite Internet Market.
Which is the fastest growing region in Satellite Internet Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).
Which region has the biggest share in Satellite Internet Market?
In 2025, the North America accounts for the largest market share in Satellite Internet Market.
What years does this Satellite Internet Market cover, and what was the market size in 2024?
In 2024, the Satellite Internet Market size was estimated at USD 6.04 billion. The report covers the Satellite Internet Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Satellite Internet Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
Satellite Internet Industry Report
Statistics for the 2025 Satellite Internet market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Satellite Internet analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.
