Product Code: GVR-4-68040-003-3
Satellite Internet Market Growth & Trends:
The global satellite internet market size is expected to reach USD 22.6 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 13.9% from 2025 to 2030. Satellite internet is a wireless network that provides access to satellite dishes both in space and on earth. It connects people in remote regions worldwide and provides access to a global information network. Satellite internet is accessed through high-speed network connectivity supplied by Earth-circling satellites. It is faster than a regular internet connection and distinguishes itself from land-based internet services such as digital subscriber line (DSL) and cable. Satellite communication provides a land-based interface for accessing audio, video, and information from anywhere on Earth.
One of the significant advantages of satellite internet for businesses is the ability to transmit a link at many megabits per second over a remote location. However, a private and secure connection can join many remote locations spread over a wide area. In rural areas, demand for satellite internet is rising due to the lack of other broadband internet choices. Additionally, satellite internet can provide access to the web in remote areas where it is challenging to get broadband, such as deserts and mountains, which increases the demand for satellite internet in these areas. Furthermore, internet users can now get better speed and bandwidth owing to advancements in satellite internet technology. As a result, these services are quickly adopted in emerging economies such as India, Brazil, the Philippines, Malaysia, and more fueling the market's expansion.
The rise in government programs for the uptake of advanced satellite internet services to develop a digitized economy and to provide enhanced public safety & security drives the market's growth. Furthermore, several governments are significantly funding satellite internet companies to provide broadband services to rural populations across emerging countries, boosting market growth. For instance, In October 2022 U.K. government invested USD 14.62 million in U.K. businesses to enhance satellite communications technology. Advanced Research in Telecommunications Services (ARTES) and European Space Agency (ESA) fund this investment. This investment is focused on developing new satellite configurations and terrestrial infrastructure or providing internet services to customers.
Satellite Internet Market Report Highlights:
- The K-band segment led the market with the largest revenue share of 42.9% in 2024. The K-band frequency is increasingly utilized in defense, broadcasting, and security radar systems.
- The government and public segment accounted for the largest market revenue share in 2024. Governments across the globe have been investing in satellite broadband technology to provide broadband services in every region of their nations and rely only on cutting-edge technology to connect rural areas to the broadband network.
- North America dominated the satellite internet market with the largest market revenue share of 32.0% in 2024.
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation and Scope
- 1.2. Research Methodology
- 1.2.1. Information Procurement
- 1.3. Information or Data Analysis
- 1.4. Methodology
- 1.5. Research Scope and Assumptions
- 1.6. Market Formulation & Validation
- 1.7. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.3. Competitive Insights
Chapter 3. Satellite Internet Market Variables, Trends, & Scope
- 3.1. Market Lineage Outlook
- 3.2. Market Dynamics
- 3.2.1. Market Driver Analysis
- 3.2.2. Market Restraint Analysis
- 3.2.3. Industry Challenge
- 3.3. Satellite Internet Market Analysis Tools
- 3.3.1. Industry Analysis - Porter's
- 3.3.1.1. Bargaining power of the suppliers
- 3.3.1.2. Bargaining power of the buyers
- 3.3.1.3. Threats of substitution
- 3.3.1.4. Threats from new entrants
- 3.3.1.5. Competitive rivalry
- 3.3.2. PESTEL Analysis
- 3.3.2.1. Political landscape
- 3.3.2.2. Economic landscape
- 3.3.2.3. Social Landscape
- 3.3.2.4. Technological landscape
- 3.3.2.5. Environmental Landscape
- 3.3.2.6. Legal landscape
Chapter 4. Satellite Internet Market: By Frequency Band Estimates & Trend Analysis
- 4.1. Segment Dashboard
- 4.2. Satellite Internet Market: By Frequency Band Movement Analysis, 2024 & 2030 (USD Million)
- 4.3. L-band
- 4.3.1. L-band Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.4. C-band
- 4.4.1. C-band Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.5. K-band
- 4.5.1. K-band Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.6. X-band
- 4.6.1. X-band Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 5. Satellite Internet Market: By Industry Estimates & Trend Analysis
- 5.1. Segment Dashboard
- 5.2. Satellite Internet Market: By Industry Movement Analysis, 2024 & 2030 (USD Million)
- 5.3. Energy & Utility
- 5.3.1. Energy & Utility Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.4. Government and Public Sector
- 5.4.1. Government and Public Sector Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.5. Transport & Cargo
- 5.5.1. Transport & Cargo Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.6. Maritime
- 5.6.1. Maritime Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.7. Military
- 5.7.1. Military Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.8. Corporates/Enterprises
- 5.8.1. Corporates/Enterprises Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.9. Media & Broadcasting
- 5.9.1. Media & Broadcasting Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.10. Other Industries
- 5.10.1. Other Industries Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 6. Satellite Internet Market: Regional Estimates & Trend Analysis
- 6.1. Satellite Internet Market Share, By Region, 2024 & 2030 (USD Million)
- 6.2. North America
- 6.2.1. North America Satellite Internet Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.2.2. U.S.
- 6.2.2.1. U.S. Satellite Internet Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.2.3. Canada
- 6.2.3.1. Canada Satellite Internet Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.2.4. Mexico
- 6.2.4.1. Mexico Satellite Internet Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.3. Europe
- 6.3.1. Europe Satellite Internet Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.3.2. UK
- 6.3.2.1. UK Satellite Internet Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.3.3. Germany
- 6.3.3.1. Germany Satellite Internet Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.3.4. France
- 6.3.4.1. Italy Satellite Internet Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4. Asia Pacific
- 6.4.1. Asia Pacific Satellite Internet Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4.2. China
- 6.4.2.1. China Satellite Internet Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4.3. Japan
- 6.4.3.1. Japan Satellite Internet Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4.4. India
- 6.4.4.1. India Satellite Internet Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4.5. South Korea
- 6.4.5.1. South Korea Satellite Internet Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4.6. Australia
- 6.4.6.1. Australia Satellite Internet Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.5. Latin America
- 6.5.1. Latin America Satellite Internet Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.5.2. Brazil
- 6.5.2.1. Brazil Satellite Internet Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.6. Middle East and Africa
- 6.6.1. Middle East and Africa Satellite Internet Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.6.2. UAE
- 6.6.2.1. UAE Satellite Internet Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.6.3. KSA
- 6.6.3.1. KSA Satellite Internet Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.6.4. South Africa
- 6.6.4.1. South Africa Satellite Internet Market Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 7. Competitive Landscape
- 7.1. Company Categorization
- 7.2. Company Market Positioning
- 7.3. Company Heat Map Analysis
- 7.4. Company Profiles/Listing
- 7.4.1. Singtel Group
- 7.4.1.1. Participant's Overview
- 7.4.1.2. Financial Performance
- 7.4.1.3. Product Benchmarking
- 7.4.1.4. Strategic Initiatives
- 7.4.2. Freedomsat
- 7.4.2.1. Participant's Overview
- 7.4.2.2. Financial Performance
- 7.4.2.3. Product Benchmarking
- 7.4.2.4. Strategic Initiatives
- 7.4.3. EchoStar Corporation (HughesNet)
- 7.4.3.1. Participant's Overview
- 7.4.3.2. Financial Performance
- 7.4.3.3. Product Benchmarking
- 7.4.3.4. Strategic Initiatives
- 7.4.4. Thuraya Telecommunications Company
- 7.4.4.1. Participant's Overview
- 7.4.4.2. Financial Performance
- 7.4.4.3. Product Benchmarking
- 7.4.4.4. Strategic Initiatives
- 7.4.5. Eutelsat Communications SA/OneWeb
- 7.4.5.1. Participant's Overview
- 7.4.5.2. Financial Performance
- 7.4.5.3. Product Benchmarking
- 7.4.5.4. Strategic Initiatives
- 7.4.6. OneWeb.net
- 7.4.6.1. Participant's Overview
- 7.4.6.2. Financial Performance
- 7.4.6.3. Product Benchmarking
- 7.4.6.4. Strategic Initiatives
- 7.4.7. SpaceX (Starlink)
- 7.4.7.1. Participant's Overview
- 7.4.7.2. Financial Performance
- 7.4.7.3. Product Benchmarking
- 7.4.7.4. Strategic Initiatives
- 7.4.8. Viasat, Inc.
- 7.4.8.1. Participant's Overview
- 7.4.8.2. Financial Performance
- 7.4.8.3. Product Benchmarking
- 7.4.8.4. Strategic Initiatives
- 7.4.9. Axess
- 7.4.9.1. Participant's Overview
- 7.4.9.2. Financial Performance
- 7.4.9.3. Product Benchmarking
- 7.4.9.4. Strategic Initiatives
- 7.4.10. DSL Telecom
- 7.4.10.1. Participant's Overview
- 7.4.10.2. Financial Performance
- 7.4.10.3. Product Benchmarking
- 7.4.10.4. Strategic Initiatives