
Satellite Communication (SATCOM) Market
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The global satellite communication market was valued at USD 25.2 billion in 2025. The market is expected to grow from USD 27.6 billion in 2026 to USD 47.6 billion in 2031 & USD 83 billion in 2035, at a value CAGR of 13% during the forecast period according to the latest report published by Global Market Insights Inc.

The expansion of demand for internet connectivity, development of small satellite constellations to enhance communications, demand for remote area connectivity, increased demand for IoT & M2M Connectivity, and integration of 5G with existing infrastructure and new technologies are several ways that propel satellite communications market growth.
The growing demand for reliable internet depends upon satellite communications expanding into underserved areas. Programs Like NTIA's Internet for all projects (USD 50 Billion) highlight the need for equitable access to broadband. For example, in rural areas, over 72% of tribal broadband connectivity program funds were awarded to rural areas, which is why satellite communications is important to provide high-speed communications to areas where terrestrial infrastructure is not available. Satellite communications expand the digital divide, allowing remote education, and allowing income growth through remote work by growing the economy.
As the IoT and M2M market continues to grow rapidly, many new communication hardware devices are being developed in all areas of communications. Because of this rapid growth, satellite communications networks now have an ever-increasing demand to provide real-time, secure data transmission across various industries including but not limited to logistics, agriculture, and smart cities. According to the IoT M2M Council, the satellite-enabled IoT market reached USD 1.8 billion in 2024 and is projected to grow to USD 5.7 billion by the year 2030, representing a compound annual growth rate (CAGR) of 21.3%. By 2030, the growth of the satellite-enabled internet of things (IoT) will be driven by the growing dependence on satellites for meeting the massive amount of data required by connected devices.
Between 2022 and 2024, the market witnessed considerable growth, increasing from USD 20 billion in 2022 to USD 23.1 billion in 2024. With satellite communications (SATCOM) rapidly evolving into a multi-orbit solution, combining GEO, MEO, LEO to provide the most flexible, high-performance connectivity for sectors such as government, military, and aviation, manufacturers have developed new technologies such as open architecture terminals and adaptive modems which provide a means of cross orbital switching with maximized bandwidth efficiency. In February 2023, SES, ThinKom, and Hughes showcased their multi-orbit service capabilities for Aeronautical missions using ThinKom's Ka2517 terminals, SES networks, and Hughes' HM400 Modems to enable seamless transitions between satellites.
| Key Takeaway | Details |
|---|---|
| Market Size & Growth | |
| Base Year | 2025 |
| Market Size in 2025 | USD 25.2 Billion |
| Market Size in 2026 | USD 27.6 Billion |
| Forecast Period 2026-2035 CAGR | 13% |
| Market Size in 2035 | USD 83 Billion |
| Key Market Trends | |
| Drivers | Impact |
| Expansion of Internet Connectivity Demand | Drives 24% growth by addressing the global demand for high-speed, reliable internet access, especially in underserved regions, with satellite technology bridging connectivity gaps. |
| Development of Small Satellite Constellations to Enhance Communication Systems | Supports 22% growth through advancements in miniaturization and reduced launch costs, leading to more small satellite constellations that improve global connectivity and reduce latency. |
| Increase Demand for Connectivity in Remote Areas | Contributes 20% growth by increasing the need for reliable communication in remote, rural, maritime, and aviation areas, driving adoption of satellite communication. |
| Rising Demand for IoT and M2M Connectivity | Adds 18% growth as the rapid expansion of IoT and M2M communication increases the need for satellite networks for real-time data transmission and control, especially in industries like agriculture and logistics. |
| Growing Integration with 5G Networks | Accounts for 16% growth by integrating satellite communication with 5G networks, expanding coverage in areas with limited terrestrial infrastructure and ensuring low-latency connectivity. |
| Pitfalls & Challenges | Impact |
| High Costs and Long Development Cycles | Restrains 18% market growth due to the significant upfront capital required for satellite infrastructure, along with extended development timelines for satellite design, manufacturing, and deployment, delaying the availability of new services and limiting scalability. |
| Space Debris and Orbital Congestion | Limits 15% of market growth as the increasing amount of space debris and congestion in low Earth orbit (LEO) creates risks for satellite collisions and interference, posing significant challenges for the safe deployment and operation of new satellite constellations. |
| Opportunities: | Impact |
| Emerging Demand for Global Connectivity | Presents a significant opportunity for satellite communication growth, especially in underserved regions, enabling new services in education, healthcare, and remote work, enhancing global inclusivity. |
| Advancements in Satellite Miniaturization | Opens doors for cost-effective, high-capacity satellite constellations, reducing launch expenses and enabling rapid deployment of communication networks, enhancing global coverage and reducing latency for critical applications. |
| Market Leaders (2025) | |
| Market Leaders |
4.8% market share |
| Top Players |
|
| Competitive Edge |
|
| Regional Insights | |
| Largest Market | North America |
| Fastest growing market | Asia Pacific |
| Emerging countries | China, India, U.S. |
| Future outlook |
|

The global satellite communication (SATCOM) market was valued at USD 20 billion and USD 21.5 billion in 2022 and 2023, respectively. The market size reached USD 25.2 billion in 2025, growing from USD 23.1 billion in 2024.
Based on the solution, the global satellite communication (SATCOM) market is divided into product & services. The product segment accounted for 62.5% of the market in 2025.
Based on the vertical industry, the satellite communication market is segmented into government & defense, & commercial. The commercial segment dominated the market in 2025 with a revenue of USD 18.3 billion.

Based on the frequency, satellite communication market is classified into C Band, S Band, L Band, X Band, Ka Band, Ku Band, VHF/UHF Band, EHF/SHF Band & Others. The C band dominated the market in 2025 with a market share of 28.1%.

North America Satellite Communication Market The North America dominated the global satellite communication (SATCOM) market with a market share of 45.6% in 2025. The U.S. satellite communication market was valued at USD 8.3 billion and USD 8.9 billion in 2022 and 2023, respectively. The market size reached USD 10.6 billion in 2025, growing from USD 9.7 billion in 2024. Europe satellite communication (SATCOM) market accounted for USD 6.6 billion in 2025 and is anticipated to show lucrative growth over the forecast period. Germany dominates the Europe satellite communication market, showcasing strong growth potential. The Asia Pacific satellite communication (SATCOM) market is anticipated to grow at the highest CAGR of 13.8% during the analysis timeframe. China satellite communication market is estimated to grow with a significant CAGR, in the Asia Pacific market. Brazil leads the Latin American market, exhibiting remarkable growth during the analysis period. South Africa satellite communication (SATCOM) market to experience substantial growth in the Middle East and Africa satellite communication (SATCOM) market in 2025. The satellite communication (SATCOM) industry five major players that collectively dominate the industry with over 19% of the total market share by 2025. Airbus SE, Thales, L3Harris Technologies, General Dynamics Corporation and Viasat. The contributions of these companies to advancements in satellite technology and their ability to provide secure communication solutions supporting government and defence operations and high-throughput satellite systems cannot be underestimated. They are also responsible for the evolution of satellite infrastructure; global connectivity and the development of broadband services and internet of things (IoT) applications. Smaller niche businesses are also playing an important role in developing new satellite services that are tailored to specific kinds of clients and markets, such as the offering of satellite solutions for specific purposes (e.g. customized solutions for satellite communications), enhanced IoT connectivity and/or services for specific industries. Prominent players operating in the satellite communication (SATCOM) market are as mentioned below: Airbus has established itself as one of its principal players, based on the innovative products that it creates and markets related to satellite technology, satellite communication (SATCOM), satellite payload technology and innovation in its communication solutions. Thales provides some of the most advanced solutions within the satellite communications (SATCOM) space, providing advanced payloads to satellite networks worldwide and providing secure data transmission over the air and through satellite links using encryption.Europe Satellite Communication Market
Asia Pacific Satellite Communication Market
Latin American Satellite Communication Market
Middle East and Africa Satellite Communication Market
Satellite Communication Market Share
Satellite Communication Market Companies
L3Harris Technologies has a leading position in the SATCOM industry through advanced satellite communication solutions, as well as strong government contracts and the use of advanced technology in secure communications. The Company's global service delivery capability to its customers makes it a leader in SATCOM.
General Dynamics Corporation has developed and continues to offer satellite communications and secure network technologies to the government, defense and commercial industries worldwide. In addition, General Dynamics also focuses on improving the SATCOM infrastructure by providing reliable communication services to customers in the military and commercial sectors for mission-critical applications.
Viasat is a well-known provider of high-end satellite broadband and is committed to developing a globally connected world: Providing Internet solutions to the most remote locations in the world and developing satellite technology for use by both government & consumer markets.Satellite Communication Industry News
The satellite communication market research report includes in-depth coverage of the industry with estimates and forecast in terms of revenue in USD Million from 2022 – 2035 for the following segments:
Market, By Solutions
The above information is provided for the following regions and countries:
The services segment was valued at USD 9.5 billion in 2025. Growth is driven by rising reliance on satellite-based broadband, broadcasting, defense communications, and managed satellite services.
The product segment accounted for 62.5% of the market in 2025, making it the largest solution category. Its dominance is supported by strong demand for satellite payloads, antennas, terminals, and advanced ground communication systems.
The satellite communication (SATCOM) industry is valued at USD 25.2 billion in 2025. Expanding demand for global internet connectivity, remote area communication, and integration of IoT and M2M applications is supporting strong market growth.
The SATCOM market reached USD 27.6 billion in 2026, reflecting steady expansion driven by rising deployment of small satellite constellations and growing broadband connectivity demand.
The market size for satellite communication is expected to reach USD 83 billion by 2035, growing at a CAGR of 13%. This expansion is fueled by LEO constellation deployment, 5G integration, IoT connectivity growth, and increasing demand for communication in underserved regions.
The commercial segment dominated the market with USD 18.3 billion revenue in 2025 and is expected to grow steadily through 2035. Increasing demand from aviation, maritime, logistics, media, and broadband connectivity applications is driving expansion.
North America led the SATCOM market with a 45.6% share in 2025, driven by strong defense spending, rural broadband initiatives, satellite broadband adoption, and advanced space technology infrastructure.
Key trends include rapid deployment of LEO satellite constellations, integration of SATCOM with 5G networks, growth of satellite-enabled IoT, development of multi-orbit communication systems, and increasing focus on secure, resilient communication for defense and critical infrastructure.
Key players include Airbus SE, Thales, L3Harris Technologies, General Dynamics Corporation, Viasat, Intelsat, SES S.A., Iridium Communications, and Space Exploration Technologies Corp. These companies are advancing high-throughput satellites, secure communication systems, and global broadband connectivity platforms.
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