Global Satcom Market Size & Outlook, 2024-2030
Global satcom market, 2017-2030 (US$M)
Related Markets
Global satcom market highlights
- The global satcom market generated a revenue of USD 90,299.1 million in 2024 and is expected to reach USD 159,599.2 million by 2030.
- The market is expected to grow at a CAGR (2025 - 2030) of 10% by 2030.
- In terms of segment, services accounted for a revenue of USD 53,101.3 million in 2024.
- Equipment is the most lucrative component segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2024.
- Country-wise, China is expected to register the highest CAGR from 2025 to 2030.
Global data book summary
| Market revenue in 2024 | USD 90,299.1 million |
| Market revenue in 2030 | USD 159,599.2 million |
| Growth rate | 10% (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 |
Other key industry trends
- In terms of revenue, the North America accounted for 32.1% of the global satcom market in 2024.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, China is the fastest growing regional market and is projected to reach USD 14,232.1 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
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 |
Global 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 58.81% in 2024. Horizon Databook has segmented the Global satcom market based on equipment, services covering the revenue growth of each sub-segment from 2017 to 2030.
- Global SATCOM Component Outlook (Revenue, USD Million, 2017-2030)
- Equipment
- Satcom Transceiver
- Satcom Transmitter/Transponder
- Others
- Satcom Antenna
- Satcom Modem/Router
- Satcom Receiver
- Services
- Equipment
- Global SATCOM Application Outlook (Revenue, USD Million, 2017-2030)
- Asset Tracking/Monitoring
- Others
- Tele-medicine
- Airtime
- Data
- M2M
- Voice
- Drones Connectivity
- Broadcasting
- Data Backup and Recovery
- Navigation and Monitoring
- Global SATCOM Vertical Outlook (Revenue, USD Million, 2017-2030)
- Transport & Cargo
- Fleet Management
- Rail services
- Agriculture
- Events
- Environmental & Monitoring
- Healthcare
- Energy & Utility
- Mining and Oil & Gas
- Mining
- Oil & Gas
- Corporates/Enterprises
- Forestry
- End User-Consumer
- Government & Defense
- Defense
- Emergency Responders
- Government
- Communication Companies
- Media & Broadcasting
- Aviation
- Maritime
- Others
- Transport & Cargo
Reasons to subscribe to Global satcom market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Global satcom market databook
-
Our clientele includes a mix of satcom market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
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 global-level data and insights on the Global satcom market , including forecasts for subscribers. This global databook contains high-level insights into Global satcom market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global satcom market size, by regions, 2017-2030 (US$M)
Top 10 countries: Satcom market size, 2024 (US$M)
Global satcom market share, by component, 2024 & 2030 (%, US$M)
Satcom market: Opportunity assessment by country
Global satcom market, by region, 2024 (US$M)
Related statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
