Global Communication Satellite Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Component;

Receiver, Transmitter/Transponder, Transceiver, Antenna, and Others.

By Platform;

Portable SATCOM Equipment, Land SATCOM Equipment, Maritime SATCOM Equipment, and Airborne SATCOM Equipment.

By Application;

Broadcasting, Remote Sensing, Military Applications and Navigations, Weather Monitoring, and Others.

By End User;

Commercial, Military and Government.

By Position;

Low Earth Orbit (LEO), Medium Earth orbit (MEO), Geostationary orbit (GEO) and Polar Orbits.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn576215481 Published Date: January, 2025 Updated Date: February, 2025

Introduction

Global Communication Satellite Market (USD Million), 2021 - 2031

In the year 2024, the Global Communication Satellite Market was valued at USD 86,231.92 million. The size of this market is expected to increase to USD 159,824.77 million by the year cureyear+6, while growing at a Compounded Annual Growth Rate (CAGR) of 9.2%.

The expansion of the market can be attributed to the increasing demand for High-throughput Satellite Systems (HTS), which offer significantly enhanced capacity and data speeds compared to traditional satellite systems. HTS facilitates faster and more efficient data transmission, making it well-suited for bandwidth-intensive applications such as video streaming, remote sensing, and Internet of Things (IoT) connectivity. Simultaneously, The emergence of new frequency bands, including high-frequency and very high-frequency bands, is broadening the available spectrum for satellite communication. These bands provide improved bandwidth and greater capacity, enabling higher data rates and supporting bandwidth-intensive applications.

Numerous satellite communication solution providers worldwide are concentrating on developing solutions to deliver enhanced connectivity for a wide range of use cases. The increasing adoption of satellite communications in the government and defense sector is also contributing to market growth. Government entities are actively modernizing their operational environments, resulting in a growing reliance on sensor data and Intelligence, Surveillance, and Reconnaissance (ISR) platforms. These platforms facilitate real-time sharing of high-definition video and other valuable information obtained from Remotely Piloted Air Systems (RPAS) or Unmanned Aerial Vehicles (UAVs). The satellite communication market is witnessing the integration of advanced technologies such as Artificial Intelligence (AI), which is driving the emergence of intelligent transport systems (ITS). These systems enable real-time vehicle tracking, facilitating rapid information exchange for both users and freight operators. Integration of satellite communication in transportation ensures continuous and seamless data transmission between vehicles and transport hubs, reducing dependence on terrestrial networks. Consequently, the utilization of satellites in the transport and logistics network presents promising growth opportunities for the satellite communication industry.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Component
    2. Market Snapshot, By Platform
    3. Market Snapshot, By Application
    4. Market Snapshot, By End User
    5. Market Snapshot, By Position
    6. Market Snapshot, By Region
  4. Global Communication Satellite Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rise in Bandwidth-intensive Applications
        2. Increasing launches of LEO satellites and constellations
        3. Autonomous technology and real-time satellite data boost SATCOM market.
        4. Growing IoT integration in aviation to boost market.
      2. Restraints
        1. Limited Spectrum Allocation
        2. Government regulations limit SATCOM deployment in some areas
        3. Surging Cyber-Security Concerns to Hamper the Market Growth
      3. Opportunities
        1. Expansion of IoT and M2M Communications
        2. Growing demand for reliable communication in remote areas
        3. Space Tourism and Exploration
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Communication Satellite Market, By Component, 2021 - 2031 (USD Million)
      1. Receiver
      2. Transmitter/Transponder
      3. Transceiver
      4. Antenna
      5. Others
    2. Global Communication Satellite Market, By Platform, 2021 - 2031 (USD Million)
      1. Portable SATCOM Equipment
      2. Land SATCOM Equipment
      3. Maritime SATCOM Equipment
      4. Airborne SATCOM Equipment
    3. Global Communication Satellite Market, By Application, 2021 - 2031 (USD Million)
      1. Broadcasting
      2. Telecommunication
      3. Commercial
    4. Global Communication Satellite Market, By End-User, 2021 - 2031 (USD Million)
      1. Commercial
      2. Military
      3. Government
    5. Global Communication Satellite Market, By Position, 2021 - 2031 (USD Million)
      1. Low Earth Orbit (LEO)
      2. Medium Earth orbit (MEO)
      3. Geostationary orbit (GEO)
      4. Polar Orbits
    6. Global Communication Satellite Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape Analysis
    1. Boeing(U.S.)
    2. Cobham Limited (U.K.)
    3. Communications and Power Technologies(U.S.)
    4. Honeywell International Inc.(U.S.)
    5. Inmarsat Global Limited(U.K.)
    6. Iridium Communications Inc. (U.S.)
    7. L3Harris Technologies, Inc. (U.S.)
    8. Qualcomm Technologies, Inc. (U.S.)
    9. Viasat, Inc.(U.S.)
    10. KVH Industries, Inc. (U.S.)
  7. Analyst Views
  8. Future Outlook of the Market