Space-Based Network Market Report 2025

The space-based network market size has grown exponentially in recent years. It will grow from $8.4 billion in 2024 to $10.33 billion in 2025 at a compound annual growth rate (CAGR) of 23%. Growth during the historic period was driven by increasing demand for satellite navigation services, rising investments in geostationary satellites, expanded use of satellite television networks, growing global defense communication requirements, and broader applications of weather monitoring satellites.

The space-based network market size is expected to see exponential growth in the next few years. It will grow to $23.35 billion in 2029 at a compound annual growth rate (CAGR) of 22.6%. Growth in the forecast period is expected to result from the adoption of low-Earth orbit (LEO) constellations, rising demand for high-speed broadband connectivity, greater integration of space-based networks with 5G infrastructure, increased commercial space exploration activities, and expanding use of satellites for Internet of Things (IoT) applications. Key trends anticipated include advancements in high-throughput satellite technology, integration of artificial intelligence for network optimization, innovation in inter-satellite communication links, development of hybrid space-terrestrial networks, and improvements in low-latency communication protocols.

The growing number of satellite launches is anticipated to drive the expansion of the space-based network market. Satellite launches involve sending satellites into orbit around Earth (or beyond) using rockets, serving purposes such as communication, navigation, observation, or scientific research. The rise in satellite launches is mainly due to the increasing demand for global broadband internet and connectivity services, particularly through large constellations in low Earth orbit (LEO). These satellite deployments within space-based networks are essential for enabling communication, transmitting data, and ensuring wide-reaching network coverage. For instance, in January 2025, the Space Foundation, a nonprofit organization based in the United States, reported that there were 259 orbital launches globally in 2024, reflecting a 16% increase compared to the previous year. As a result, the rising number of satellite launches is expected to contribute significantly to the growth of the space-based network market.

Leading companies in the space-based network market are prioritizing advancements in technology, particularly in low Earth orbit (LEO) satellite constellations, to improve global connectivity, reduce latency, extend coverage in remote areas, and enhance the performance and reliability of communication systems. LEO satellite constellations consist of groups of satellites placed in orbits generally between 160 km and 2,000 km above the Earth's surface, working in coordination to offer communication, internet, navigation, and Earth observation services across wide areas. For example, in August 2025, SpaceX, an aerospace company based in the United States, launched 28 Starlink V2 mini satellites. These satellites are equipped with advanced phased array antennas that deliver four times the data capacity of previous versions, E-band backhaul for improved data relay capabilities, and argon-fueled Hall thrusters providing 2.4 times the thrust and 1.5 times the specific impulse. Weighing around 800 kilograms and operating at an altitude of about 550 km, the V2 mini satellites significantly enhance broadband connectivity around the globe, especially in underserved regions.

In July 2025, SES S.A., a provider of space solutions and multi-orbit satellite connectivity services based in Luxembourg, finalized the acquisition of Intelsat for an undisclosed amount. Through this acquisition, SES aims to strengthen its position as a global multi-orbit satellite operator by enlarging its satellite fleet and capabilities, allowing it to offer integrated multi-orbit, multi-band connectivity and satellite services to governments and enterprises worldwide. Intelsat, headquartered in the United States, is a satellite communications provider with a portfolio that includes satellites in geostationary and medium Earth orbits, along with complementary spectrum band offerings.

Major players in the space-based network market are Lockheed Martin Corporation, Space Exploration Technologies Corp. (SpaceX), Viasat Inc., Thales Alenia Space SAS, SES S.A., Eutelsat S.A., Iridium Communications Inc., Telesat Canada, Hughes Network Systems LLC (HughesNet brand), AST SpaceMobile Inc., ICEYE Oy, Astranis Space Technologies Corp., Logos Space Inc., Intuitive Machines Inc., E-Space Inc., Muon Space Inc., Inmarsat Global Limited, Aalyria Technologies Inc., Project Kuiper LLC (Amazon Kuiper), SKY Perfect JSAT Holdings Inc.

North America was the largest region in the space-based network market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in space-based network report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the space-based network market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

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.

The sharp hike in U.S. tariffs and the associated trade disputes in spring 2025 are notably impacting the aerospace and defense sector by raising costs for titanium, carbon fiber composites, and avionics materials largely sourced from global suppliers. Defense contractors, locked into fixed-price government contracts, absorb these added costs, while commercial aerospace firms face airline pushback on higher aircraft prices. Delays in component shipments due to customs bottlenecks further disrupt tight production schedules for jets and satellites. The industry is responding by stockpiling critical materials, seeking waivers for defense-related imports, and collaborating with allied nations to diversify supply chain.

A space-based network is a communication system that relies on satellites in orbit to enable connectivity and data transmission over large geographic areas. It provides reliable global coverage, particularly in regions where terrestrial infrastructure is limited or unavailable.

The main types of space-based networks include Ku, Ka, and K bands, C and X bands, and L and S bands. These bands correspond to specific microwave frequency ranges used for satellite communications, each offering distinct bandwidths, signal strengths, and propagation characteristics. Such networks operate in various orbits, including low Earth orbit (LEO), medium Earth orbit (MEO), geostationary orbit (GEO), and highly elliptical orbit (HEO). Core components include satellites, ground stations, transponders, antennas, routers and switches, launch vehicles, and network operations centers (NOCs). Applications span data communication, voice communication, video transmission, and broadband connectivity. Key end-user industries include telecommunications, government and military, commercial enterprises, aviation, maritime, oil and gas, transportation and logistics, and media and entertainment.

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

The space-based network market consists of revenues earned by entities by providing services such as navigation and positioning services, emergency response services, disaster management, and earth observation services. The market value includes the value of related goods sold by the service provider or included within the service offering. The space-based network market also includes sales of satellite communication payloads, inter-satellite link equipment, spaceborne routers and switches, and satellite-based data transmission terminals. Values in this market are ‘factory gate’ values; that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

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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