Satellite Services Market Report 2026

The satellite services market size has grown strongly in recent years. It will grow from $151.41 billion in 2025 to $161.4 billion in 2026 at a compound annual growth rate (CAGR) of 6.6%. The growth in the historic period can be attributed to growing reliance on satellite broadcasting and communication to support global media distribution, expansion of maritime and aviation sectors increasing demand for satellite-based connectivity services, development of satellite imaging capabilities enabling advanced mapping and weather analysis, rising use of satellite navigation systems supporting transportation and logistics, increased deployment of geostationary satellites providing wide-area communication coverage.

The satellite services market size is expected to see strong growth in the next few years. It will grow to $205.86 billion in 2030 at a compound annual growth rate (CAGR) of 6.3%. The growth in the forecast period can be attributed to rapid growth of high-throughput satellites enhancing capacity for communication and data services, expansion of leo constellations improving latency and accessibility for global internet services, rising demand for real-time earth observation data across defense, agriculture, and environmental sectors, integration of satellite services with 5g networks enabling hybrid connectivity solutions, increasing need for resilient communication infrastructure driving adoption of satellite services for disaster response and continuity operations. Major trends in the forecast period include growth of satellite-based mobility services, rising adoption of cloud-enabled satellite operations, increased demand for high-resolution satellite imaging, expansion of satellite broadband in remote regions, growing integration of satellite services in aviation and maritime communication.

The growing demand for high-speed internet and global connectivity is expected to drive the expansion of the satellite services market. High-speed internet and global connectivity enable rapid and widespread access to digital networks, facilitating seamless communication, data transfer, and online services worldwide. This demand is increasing due to greater reliance on digital platforms for work, education, and communication, making uninterrupted and fast internet access crucial for daily life and economic productivity. Satellite services provide this high-speed internet and connectivity by using orbiting satellites to wirelessly transmit data between ground stations and user terminals, bypassing terrestrial infrastructure. For example, in November 2024, Telefonaktiebolaget LM Ericsson, a Sweden-based telecommunications firm, projected that by 2030, global 5G subscriptions will reach about 6.3 billion, representing 67% of all mobile subscriptions worldwide. Therefore, the rising demand for fast internet and global connectivity is fueling growth in the satellite services market.

Leading companies operating in the satellite services market are focusing on developing technological advancements such as non-terrestrial networks to improve global connectivity, enable seamless integration with terrestrial 5G systems, and expand communication coverage in remote or underserved areas. A non-terrestrial network (NTN) is a communication network that uses space-based or aerial platforms, including satellites, high-altitude platforms, or unmanned aerial vehicles, to deliver wireless connectivity beyond the limits of traditional terrestrial networks. For example, in November 2023, Viasat, a U.S.-based communications company, partnered with Skylo Technologies, a U.S.-based satellite company, to introduce the world’s first global direct-to-device (D2D) network, enabling seamless satellite connectivity for standard mobile devices worldwide. This network provides major advantages such as universal connectivity in remote locations and supports key sectors including logistics, agriculture, and defense. It also enhances emergency response by ensuring reliable satellite communication during disasters when terrestrial networks fail. Overall, its purpose is to bridge global connectivity gaps, enabling smooth data exchange between satellites and devices regardless of location.

In May 2023, ViaSat Inc., a US-based communications company, acquired Inmarsat Global Ltd. for an undisclosed sum. The acquisition aims to create a stronger and more innovative entity within the satellite communications industry, expanding services and enhancing capabilities to serve a broader customer base. This move is expected to improve products and services, opening new revenue streams and growth opportunities. Inmarsat Global Ltd. is a UK-based satellite telecommunications company specializing in satellite services.

Major companies operating in the satellite services market are The Boeing Company, General Dynamics Mission Systems Inc., EchoStar Corporation, ViaSat Inc., Tata Communications, SES S.A., Eutelsat Communications S.A., Airbus Defence and Space, Iridium Communications Inc., Comtech PST Corp., China Satellite Communications Co. Ltd., Gilat Satellite Networks Ltd., Asia Satellite Telecommunications Company Limited, APT Satellite Holdings Limited (Apstar), Campbell Scientific Inc., Fleet Space Technologies Pty Ltd, Digisat International Inc., Antrix Corporation Limited, Blue Sky Network LLC, SKY Perfect JSAT Holdings Inc.

North America was the largest region in the satellite services market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the satellite services market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Tariffs on satellite components, ground equipment, and communication electronics have led to increased operational costs and supply chain delays within the satellite services market, particularly affecting fixed satellite services and mobile satellite service infrastructure in regions heavily reliant on imported hardware such as Asia-Pacific, Europe, and the Middle East. These tariffs have slowed deployment timelines for broadband, broadcasting, and government communication projects. However, they have also incentivized domestic manufacturing, encouraged regional satellite production capabilities, and stimulated innovation in cost-efficient satellite service technologies.

The satellite services market research report is one of a series of new reports that provides satellite services market statistics, including satellite services industry global market size, regional shares, competitors with a satellite services market share, detailed satellite services market segments, market trends and opportunities, and any further data you may need to thrive in the satellite services industry. This satellite services market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Satellite services cover a broad spectrum of functions, including communication, broadcasting, navigation, earth observation, and data relay, all provided through satellites orbiting the Earth. These services play a crucial role in industries like telecommunications, internet connectivity, defense, weather forecasting, and remote sensing. They are especially vital for connecting remote areas and enabling uninterrupted global information exchange.

The primary categories of satellite services include consumer services, fixed satellite services, mobile satellite services, and earth observation services. Consumer satellite services involve satellite-based communication solutions such as internet, television, and phone services delivered directly to individuals or households. Deployment models are classified into public cloud, private cloud, and hybrid cloud, and these services cater to end-users across sectors like media and entertainment, government, aviation, defense, aerospace, retail, enterprise, and more.

The countries covered in the satellite services market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The satellite services market includes revenues earned by entities by providing services such as maritime communication services, aviation communication services, and satellite imaging. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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