Global Satellite Internet Market size was valued at USD 12.5 billion in 2023. It is likely to grow up to USD 34.2 billion by 2030 at a CAGR of 18.6 % during the forecast period ranging between 2025 and 2030.
Satellite internet is one provider of internet connectivity, transferring data directly from the satellite. This technology provides coverage across the globe, by using low-Earth orbit satellites. The need for high-speed internet in isolated and unconnected areas is the major growth driver of this market. It makes it easier to provide services like banking, telemedicine, administration, and education to far-flung locations. This trend is a strong and long-lasting driver of market expansion since, in addition to the fact that many governments are now providing subsidies and legislative support with the goal of digital inclusion, businesses like Starlink, OneWeb, and Amazon's Project Kuiper are focusing on rural connectivity.. However, high cost and limited consumer access hampers the market growth.
Browse market data Tables and Figures spread through 140 Pages and in-depth TOC on Global Satellite Internet Market By Type (LEO (Low Earth Orbit), MEO (Medium Earth Orbit) and GEO (Geostationary Orbit)), By Component (Satellites, Ground Stations, User Terminals and Network Platforms), By Bandwidth (C-Band, Ku-Band, Ka-Band and Others), By End User (Residential, Commercial, Government And Mobility Sectors) and By Geography (North America, Europe, Asia Pacific, Rest of the World) - Forecast from 2025 to 2030.
Segment / Key Players |
Categorization |
Type |
LEO (Low Earth Orbit), MEO (Medium Earth Orbit) and GEO (Geostationary Orbit) |
Component |
Satellites, Ground Stations, User Terminals and Network Platforms |
Bandwidth |
C-Band, Ku-Band, Ka-Band and Others |
End User |
Residential, Commercial, Government And Mobility Sectors |
Key Players |
SpaceX (Starlink), OneWeb, Amazon (Project Kuiper), Hughes Network Systems, Viasat, Telesat, SES S.A., Eutelsat, Inmarsat, Iridium Communications, China Satcom, Gilat Satellite Networks |
By type, low earth orbit dominated the global satellite internet market.
LEO satellites are the fastest growing technology because they are closer to the Earth, which reduces the delay in data transfer and better meet the needs of low-latency and high-speed internet.
"North America dominated the global satellite internet market."
North America is the largest market region as projects like Starlink and Kuiper are receiving heavy investments and are increasingly being used in rural connectivity, defence, and smart cities.
Recent Developments By the key Players
Orange and Telesat have signed a multi-year partnership to enhance satellite connectivity through the Telesat Lightspeed Low Earth Orbit (LEO) satellite network.
Some of the major players in this market are SpaceX (Starlink), OneWeb, Amazon (Project Kuiper), Hughes Network Systems, Viasat, Telesat, SES S.A., Eutelsat, Inmarsat, Iridium Communications, China Satcom, Gilat Satellite Networks
Global Satellite Internet Market coverage (By Value)
Geographical Segmentation
Global Satellite Internet Market by Region