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Broadband Satellite Services Market Share

Report ID: GMI8513
Published Date: Mar 2024
Report Format: PDF

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Broadband Satellite Services Market Share

ViaSat and Echostar dominate the market with around 10% market share. ViaSat places a strong emphasis on customer satisfaction by providing attentive customer service, user-friendly interfaces, and additional services like content streaming, cybersecurity solutions, and IoT connectivity, all aimed at improving the overall experience and loyalty of ViaSat's broadband customers.

Echostar leverages its vertically integrated business approach within EchoStar to provide comprehensive solutions for broadband satellite services, encompassing satellite production, ground infrastructure, network management, and customer assistance, thereby ensuring both quality control and cost-effectiveness throughout the process.

Broadband Satellite Services Market Companies

Major players operating in the market are:

Echostar
Eutelsat S.A.
Globalstar
Inmarsat
Intelsat
Iridium
SES S.A.
Starlink
Telesat
ViaSat

Authors: Preeti Wadhwani, Aishvarya Ambekar

Frequently Asked Questions (FAQ) :

The market size for broadband satellite services was valued at USD 3.2 billion in 2023 and is estimated to register over 7.5% CAGR between 2024 and 2032, owing to the growing demand for cost-effective internet in remote areas.

The geostationary orbit segment is expected to hold around 47% market share by 2032 as GEO satellites stay fixed relative to the Earth's surface, making signal gathering easier and eliminating the need for complicated tracking devices on user terminals.

North America Market is expected to be worth over USD 2 billion by 2032 owing to digital inclusion programs, government subsidies, and improvements in satellite technology.

Echostar, Eutelsat S.A., Globalstar, Inmarsat, Intelsat, Iridium, SES S.A., Starlink, Telesat, and ViaSat.