Global Satellite Internet Market

Report Code: IFT309A

Publish Date: Feb 2025

Publisher: BCC Publishing

Category: Information Technology

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Report Highlights

Satellite internet technology has advanced significantly in recent years, competing with more established land-based internet providers like fiber and cable. These developments have increased satellite internet speed, lowered latency, and reached new regions. The creation of LEO satellite constellations is a noteworthy technological advance in satellite internet. Another significant development is the adoption of HTS, which considerably expands the volume of data that can be sent between satellites and users.

Report Includes

  • An overview of the global market for satellite internet
  • Analyses of the global market trends, with sales data for 2023, estimates for 2024, forecasts for 2025, 2028, and projections of compound annual growth rates (CAGRs) through 2029
  • Evaluation and forecast the market size for satellite internet market based on orbit, end user, and geographical region
  • Discussion of emerging technologies and developments and various macroeconomic factors affecting the satellite internet market
  • Review of patent data and new developments regarding various categories and sub-categories of satellite internet
  • Assessment of the vendor landscape, including the market shares of leading companies, their product portfolios and financial overviews
  • Information on recent mergers, acquisitions, expansions, collaborations, investments, divestments, product launches, and other strategic developments
  • Profiles of the leading market vendors

Report Scope

This report analyzes trends in the global satellite internet market. Using 2023 as the base year, the report provides estimates of market value data for the forecast period from 2024 through 2029. Revenue forecasts for this period are segmented by orbit and end-user. The study also covers an in-depth regional analysis of the Americas, Europe, Asia-Pacific (APAC), and the Middle East and Africa (MEA). The report covers the emerging technologies that are expected to shape the satellite internet market in the forecast period. Additionally, the leading companies in this market are analyzed, including their market share and relevant key developments in the global market. The leading companies in the market are also profiled.

Report Synopsis

Report Metrics Details
Base year considered 2023
Forecast period considered 2024-2029
Base year market size $5.6 billion
Market size forecast $23.6 billion
Growth rate CAGR of 27.7% for the forecast period of 2024-2029
Units considered $ Millions
Segments covered Orbit, End User, and Region
Regions covered Americas, Europe, Asia-Pacific, and Middle East and Africa
Countries covered U.S., Canada, Mexico, South America, U.K., Germany, France, Italy, China, Japan, and India
Key Market Drivers
  • Growing demand for instant communication.
  • Increasing investments in low Earth orbit satellite constellations.
  • Implementation of satellite internet in remote locations.
  • Essential tool during disaster management.
Companies studied
BENTLEY TELECOM LTD. EUTELSAT COMMUNICATIONS S.A.
GILAT SATELLITE NETWORKSHUGHES NETWORK SYSTEMS LLC.
KEPLER COMMUNICATIONS INC.SES S.A.
SKYDSL EUROPE B.V.STARLINK
TELESATVIASAT INC.
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Frequently Asked Questions (FAQs)

The market is projected to reach $23.6 billion by 2029, growing at a CAGR of 27.7%.
  • The key factors driving the market include growing demand for instant communication.
  • increasing investments in low earth orbit satellite constellations.
  • By Orbit.
  • By End-user.
  • By Region.
By orbit, LEO is expected to dominate the market by the end of 2029.
Americas holds the highest share of the market.

Analyst Credentials

BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.

Let us assist you! Our analysts are ready to tailor this report to your specific need. Talk to Our Analyst

Table of Contents

All reports provided in PDF format. For shared licensing options (5+ Users), please call a representative at (+1) 781-489-7301 or contact us at info@bccresearch.com
Title/Chapter NamePagesMember Price
Full Report: Global Satellite Internet Market82Free

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Global Satellite Internet Market
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