Satellite Internet Market Report: Trends, Forecast and Competitive Analysis to 2030

Satellite Internet Market Trends and Forecast

The future of the global satellite internet market looks promising with opportunities in the energy & utility, government and public, transport & cargo, maritime, military, corporates/enterprise, and media & broadcasting markets. The global satellite internet market is expected to reach an estimated $17.0 billion by 2030 with a CAGR of 12.2% from 2024 to 2030. The major drivers for this market are increasing requirement for satellite internet in rural areas, rising supportive government regulation across the developing nations, and on-going advancement in communication technology globally.

A more than 150-page report is developed to help in your business decisions.

Satellite Internet Market by Segment

The study includes a forecast for the global satellite internet market by frequency band type, end use industry, and region.

Satellite Internet Market by Frequency Band Type [Shipment Analysis by Value from 2018 to 2030]:

• L-band
• C-band
• K-band
• X-band

Satellite Internet Market by End Use Industry [Shipment Analysis by Value from 2018 to 2030]:

• Energy & Utility
• Government & Public Sector
• Transport & Cargo
• Maritime
• Military
• Corporates/Enterprises
• Media & Broadcasting
• Others

Satellite Internet Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Satellite Internet Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies satellite internet companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the satellite internet companies profiled in this report include-

• Singtel
• Freedomsat
• EchoStar
• Thuraya Telecommunications
• Eutelsat
• OneWeb.net
• SpaceX
• Viasat
• Axess
• DSL Telecom

Satellite Internet Market Insights

Lucintel forecasts that K-band is expected to witness highest growth over the forecast period.

Within this market, government and public will remain the largest segmet.

APAC is expected to witness highest growth over the forecast period.

Features of the Global Satellite Internet Market

Market Size Estimates: Satellite internet market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Satellite internet market size by frequency band type, end use industry, and region. in terms of value ($B).

Regional Analysis: Satellite internet market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different frequency band types, end use industries, and region.s for the satellite internet market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the satellite internet market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q.1. What is the satellite internet market size?

Answer: The global satellite internet market is expected to reach an estimated $17.0billion by 2030.

Q.2. What is the growth forecast for the satellite internet market?

Answer: The global satellite internet market is expected to grow with a CAGR of 12.2% from 2024 to 2030

Q.3. What are the major drivers influencing the growth of the satellite internet market?

Answer: The major drivers for this market are increasing requirement for satellite internet in rural areas, rising supportive government regulation across the developing nations, and on-going advancement in communication technology globally.

Q.4. What are the major segments for the satellite internet market?

Answer: The future of the global satellite internet market looks promising with opportunities in the energy & utility, government and public, transport & cargo, maritime, military, corporates/enterprise, and media & broadcasting markets.

Q.5. Who are the key satellite internet market companies?

Answer: Some of the key satellite internet companies are as follows:

• Singtel
• Freedomsat
• EchoStar
• Thuraya Telecommunications
• Eutelsat
• OneWeb.net
• SpaceX
• Viasat
• Axess
• DSL Telecom

Q.6. Which satellite internet market segment will be the largest in future?

Answer: Lucintel forecasts that K-band is expected to witness highest growth over the forecast period.

Q.7. In satellite internet market, which region is expected to be the largest in next 5 years?

Answer: APAC is expected to witness highest growth over the forecast period.

Q.8. Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the satellite internet market by frequency band type (L-band, C-band, K-band, and X-band), end use industry (energy & utility, government and public sector, transport & cargo, maritime, military, corporates/enterprises, media & broadcasting, and others), and region. (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?