Middle East & Africa Satcom Market Size & Outlook
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MEA satcom market highlights
- The MEA satcom market generated a revenue of USD 8,423.0 million in 2024.
- The market is expected to grow at a CAGR of 8% from 2025 to 2030.
- In terms of segment, services was the largest revenue generating component in 2024.
- Equipment is the most lucrative component segment registering the fastest growth during the forecast period.
MEA data book summary
| Market revenue in 2024 | USD 8,423.0 million |
| Market revenue in 2030 | USD 13,339.4 million |
| Growth rate | 8% (CAGR from 2025 to 2030) |
| Largest segment | Services |
| Fastest growing segment | Equipment |
| Historical data covered | 2017 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Equipment, Services |
| Key market players worldwide | Viasat Inc, SES SA DR, Telesat Corp Class A, EchoStar Corp Class A, L3Harris Technologies Inc, Thuraya Telecommunications, SKY Perfect JSAT Holdings Inc ADR, Gilat Satellite Networks Ltd |
Other key industry trends
- In terms of revenue, MEA region accounted for 9.3% of the global satcom market in 2024.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 39,665.9 million by 2030.
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SATCOM Market Scope
SATCOM Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Gilat Satellite Networks Ltd | View profile | 1183 | 21 Yegia Kapayim Street, Gilat House, Kiryat Arye, Petah Tikva, Israel, 4913020 | https://www.gilat.com |
| Thuraya Telecommunications | View profile | 251-500 | Dubai, Dubai, United Arab Emirates, Asia | http://www.thuraya.com/ |
| SKY Perfect JSAT Holdings Inc ADR | View profile | 1632 | 1-8-1 Akasaka, Akasaka Intercity AIR, Minato-ku, Tokyo, Japan, 107-0052 | https://www.skyperfectjsat.space |
| Telesat Corp Class A | View profile | 490 | 160 Elgin Street, Ottawa, ON, Canada, K2P 2P7 | https://www.telesat.com |
| SES SA DR | View profile | 2294 | Chateau de Betzdorf, Betzdorf, Luxembourg, Luxembourg, L-6815 | https://www.ses.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 |
| L3Harris Technologies Inc | View profile | 50000 | 1025 West NASA Boulevard, Melbourne, FL, United States, 32919 | https://www.l3harris.com |
Middle East & Africa satcom 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 market will help companies and investors design strategic landscapes.
Services was the largest segment with a revenue share of 58.46% in 2024. Horizon Databook has segmented the Middle East & Africa satcom market based on equipment, services covering the revenue growth of each sub-segment from 2017 to 2030.
The growth of the satellite communication market in MEA can be attributed to factors such as increasing demand for satellite broadband, government initiatives and investments in the field of satellite communication infrastructure and services, and surging demand for connectivity.
For instance, in September 2022, Eutelsat Communications, a satellite operator, and Liquid Intelligent Technologies, a subsidiary of Cassava Technologies, entered into a multi-beam and multi-year agreement to use Eutelsat Communications’ Eutelsat Konnect satellite.
UAE operates nine satellites through three operators, namely Thuraya Satellite Communication Company, Al Yah Satellite Communications Company, and Mohammed Bin Rashid Space Centre - MBRSC.
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Target buyers of Middle East & Africa satcom market databook
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Our clientele includes a mix of satcom market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa satcom market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa satcom market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Middle East & Africa SATCOM Market Outlook Share, 2024 & 2030 (US$M)
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