Satellite Internet Market to Reach $25.6 Billion by 2030, Driven by Growth in Maritime and Aviation Sectors


Posted January 23, 2025 by datastring

Satellite Internet is expected to rise to $25.6 billion by 2030 from $5.9 billion of 2023. The revenue growth of industry players is estimated to average at 23.4% annually for period 2023 to 2030.
 
According to a recent research, Industry revenue for Satellite Internet is expected to rise to $25.6 billion by 2030 from $5.9 billion of 2023. The revenue growth of industry players is estimated to average at 23.4% annually for period 2023 to 2030. Growing end-industry applications in major countries like U.S., China and UK, is driving the market demand high.

Research Study analyse the new revenue pockets, emerging markets, competition landscape, opportunities & niche insights for Type (Geostationary, Low Earth Orbit, Medium Earth Orbit), Frequency Band (Ku-Band, Ka-Band, C-Band, X-Band) and Application (Residential, Commercial, Government, Aviation, Maritime).

Access the detailed report here - ๐ก๐ญ๐ญ๐ฉ๐ฌ://๐๐š๐ญ๐š๐ฌ๐ญ๐ซ๐ข๐ง๐ ๐œ๐จ๐ง๐ฌ๐ฎ๐ฅ๐ญ๐ข๐ง๐ .๐œ๐จ๐ฆ/๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ-๐š๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ/๐ฌ๐š๐ญ๐ž๐ฅ๐ฅ๐ข๐ญ๐ž-๐ข๐ง๐ญ๐ž๐ซ๐ง๐ž๐ญ-๐ฆ๐š๐ซ๐ค๐ž๐ญ-๐ซ๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก-๐ซ๐ž๐ฉ๐จ๐ซ๐ญ

๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ

North America and Asia-Pacific are the two most active and leading regions in the market. In areas of the Asia Pacific region where internet access is limited. Satellite internet services are becoming increasingly popular. Companies such, as OneWeb and SES are expanding their operations in response.

With challenges like high deployment and maintenance costs, latency and bandwidth limitations and regulatory challenges, Satellite Internet marketโ€™s eco system from satellite manufacturer to end-user is expected to evolve & expand further; and industry players will make strategic advancement in emerging markets including India, Brazil and South Africa for revenue diversification and TAM expansion. Satellite internet is becoming widely used in the maritime and aviation industries to improve communication, for both passengers and crew members.

๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐‹๐ž๐š๐๐ž๐ซ๐ฌ๐ก๐ข๐ฉ ๐š๐ง๐ ๐’๐ญ๐ซ๐š๐ญ๐ž๐ ๐ข๐ž๐ฌ

The Satellite Internet market is characterized by intense competition, with a number of leading players such as SpaceX, Viasat, Hughes Network Systems, OneWeb, SES, Intelsat, Inmarsat, Telesat, Amazon Kuiper, Eutelsat, Airbus and Northrop Grumman. These players are pushing & penetrating the market with their strategies.

๐€๐›๐จ๐ฎ๐ญ ๐ƒ๐š๐ญ๐š๐’๐ญ๐ซ๐ข๐ง๐  ๐‚๐จ๐ง๐ฌ๐ฎ๐ฅ๐ญ๐ข๐ง๐ 

DataString Consulting assist companies in strategy formulations & roadmap creation including TAM expansion, revenue diversification strategies and venturing into new markets; by offering in depth insights into developing trends and competitor landscapes as well as customer demographics. Our customized & direct strategies, filters industry noises into new opportunities; and reduces the effective connect time between products and its market niche.

DataString Consulting offers complete range of market research and business intelligence solutions for both B2C and B2B markets all under one roof. DataStringโ€™s leadership team has more than 30 years of combined experience in Market & business research and strategy advisory across the world. Our Industry experts and data aggregators continuously track & monitor high growth segments within more than 15 industries and 60 sub-industries.
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Last Updated January 23, 2025