Latin America Satcom On The Move Market Size & Outlook
Latin America satcom on the move market highlights
- The Latin America satcom on the move market generated a revenue of USD 1,274.6 million in 2024.
- The market is expected to grow at a CAGR of 14.1% from 2025 to 2033.
- In terms of segment, land was the largest revenue generating platform in 2024.
- Land is the most lucrative platform segment registering the fastest growth during the forecast period.
Latin America data book summary
| Market revenue in 2024 | USD 1,274.6 million |
| Market revenue in 2033 | USD 4,058.7 million |
| Growth rate | 14.1% (CAGR from 2025 to 2033) |
| Largest segment | Land |
| Fastest growing segment | Land |
| Historical data covered | 2021 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Land |
Other key industry trends
- In terms of revenue, Latin America region accounted for 3.5% of the global satcom on the move market in 2024.
- Globally, North America is projected to lead the regional market in terms of revenue in 2033.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 31,553.3 million by 2033.
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SATCOM on the Move Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| General Dynamics Mission Systems | View profile | 10001+ | Fairfax, Virginia, United States, North America | https://gdmissionsystems.com |
| Hughes Network Systems | View profile | - | Germantown, Maryland, United States, North America | http://hughesnet.com/ |
| Gilat Satellite Networks Ltd | View profile | 1183 | 21 Yegia Kapayim Street, Gilat House, Kiryat Arye, Petah Tikva, Israel, 4913020 | https://www.gilat.com |
| EchoStar Corp Class A | View profile | 15300 | 9601 South Meridian Boulevard, Englewood, CO, United States, 80112 | https://www.echostar.com |
| Viasat Inc | View profile | 6800 | 6155 El Camino Real, Carlsbad, CA, United States, 92009 | https://www.viasat.com |
| Elbit Systems Ltd | View profile | 18984 | Advanced Technology Center, P.O. Box 539, Haifa, Israel, 3100401 | https://www.elbitsystems.com |
| Thales | View profile | 81000 | 4, rue de la Verrerie, Meudon, France, 92190 | https://www.thalesgroup.com |
| L3Harris Technologies Inc | View profile | 50000 | 1025 West NASA Boulevard, Melbourne, FL, United States, 32919 | https://www.l3harris.com |
| RTX Corp | View profile | 185000 | 1000 Wilson Boulevard, Arlington, VA, United States, 22209 | https://www.rtx.com |
| Honeywell International Inc | View profile | 95000 | 855 South Mint Street, Charlotte, NC, United States, 28202 | https://www.honeywell.com |
Latin America satcom on the move market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to satcom on the move market will help companies and investors design strategic landscapes.
Land was the largest segment with a revenue share of 110.76% in 2024. Horizon Databook has segmented the Latin America satcom on the move market based on land covering the revenue growth of each sub-segment from 2021 to 2033.
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Our clientele includes a mix of satcom on the move market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America satcom on the move market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America satcom on the move market from 2021 to 2033, including revenue numbers, major trends, and company profiles.
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