North America Satcom Market Size & Outlook, 2024-2030
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North America satcom market highlights
- The North America satcom market generated a revenue of USD 28,996.4 million in 2024.
- The market is expected to grow at a CAGR of 9.7% 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.
- Country-wise, Canada is expected to register the highest CAGR from 2025 to 2030.
North America data book summary
| Market revenue in 2024 | USD 28,996.4 million |
| Market revenue in 2030 | USD 50,637.9 million |
| Growth rate | 9.7% (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, North America region accounted for 32.1% 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 |
North America 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 58.7% in 2024. Horizon Databook has segmented the North America satcom market based on equipment, services covering the revenue growth of each sub-segment from 2017 to 2030.
The growing demand for satellite broadband services, especially in remote, hard-to-reach areas, is anticipated to generate more revenue generation opportunities in the North American satellite communication market. The region houses several key market players, including Viasat, Inc., Intelsat, Telesat, and Harris Technologies, Inc, that are driving innovation and the growth of the regional market.
Moreover, the continuous rise in demand for communication and satellite communication equipment from the government and defense industry, especially the U.S. Department of Defense (DoD), is expected to drive market growth over the forecast period.
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Our clientele includes a mix of satcom market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America satcom market , including forecasts for subscribers. This continent databook contains high-level insights into North America satcom market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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North America satcom market size, by country, 2017-2030 (US$M)
North America SATCOM Market Outlook Share, 2024 & 2030 (US$M)
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