SATCOM Market Size & Share, by Component (Device, Services); Application (Asset Tracking/Monitoring, Airtime/Drone Connection, Data Backup and Recovery, Navigation and Surveillance, Maritime Communications, Platforms, Broadcast); End user (Maritime, Energy and Utilities, Government and Defense, Transport and Freight, Mining and Oil & Gas, Agriculture, Telecommunication, Data Centers) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2026-2038

  • Report ID: 7943
  • Published Date: Jul 28, 2025
  • Report Format: PDF, PPT

SATCOM Market Outlook:

SATCOM Market size was valued at USD 37.1 billion in 2025 and is projected to reach a valuation of USD 166.4 billion by the end of 2038, rising at a CAGR of 11.5% during the forecast period, i.e., 2026-2038. In 2026, the industry size of SATCOM is assessed at USD 44.7 billion.

The SATCOM sector is rapidly expanding with growing demand for global connectivity and convergence of multi-orbit satellite constellations. In June 2025, Starlink obtained a license from India's telecommunications department to offer commercial satellite internet in rural and hilly areas, bridging the connectivity gap for over 40% of India's disadvantaged population. This is an example par excellence of the growing use of SATCOM to bridge digital divides in developing nations. Governments worldwide are investing heavily in satellite infrastructure to support broadband expansion, defense communications, and IoT applications. The transition to hybrid GEO-LEO networks is boosting service reliability and latency, opening up new opportunities for enterprise, government, and consumer markets.

Growth of SATCOM services in emerging markets and verticals is another significant trend. In May 2025, Eutelsat prolonged its satellite broadcasting agreement with BHS Media Group, utilizing its GEO-LEO constellation to deliver low-latency, high-definition video across the MENA region. This highlights SATCOM's function in content delivery and connectivity in emerging markets. The integration of SATCOM into countrywide broadband initiatives, such as India's Bharat Net initiative, is also progressing rapidly on last-mile delivery to remote villages. With increasing government investment and technological advancement, the market is poised for long-term growth and diversification.

SATCOM Market Size
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Growth Drivers

  • Optimized coverage and latency with multi-orbit satellite structures: One of the key growth drivers is the adoption of multi-orbit satellite structures that combine GEO, LEO, and MEO constellations in a bid to maximize coverage and latency. In January 2025, Intelsat renewed its satellite services agreement with Alaska-based GCI to add LEO satellites with GEO infrastructure to further extend broadband connectivity to rural regions. This multi-orbit approach is indicative of the industry's push towards responsive, fail-safe connectivity solutions ideally adapted to diverse geographic and operational needs. The ability to integrate orbits supports latency-conscious applications while allowing SATCOM to penetrate more underserved markets, fueling market expansion.
  • Growing requirement for secure SATCOM in defense and government: Another significant stimulus is rising demand for SATCOM in the government and defense sector, where resilience and security of communications are critical. In October 2024, Intelsat completed the U.S. Army SATaaMS pilot program, highlighting managed multi-orbit SATCOM for field operations and logistics with hybrid terminals and real-time support. This success is propelling defense adoption of SATCOM-as-a-Service models, enhancing operational flexibility and network resilience. Investment by governments in secure satcoms is driving innovation and expanding the market's high-value segments.

Technological Trends Reshaping the Global Market

Trend/Technology

Industry Example & Statistics

Company/Case Study & Result

LEO Constellations

24,500+ maritime vessels using Starlink LEO by Feb 2024; projected 76,000 by end-2024.

Starlink: Merchant shipping, offshore rigs, and cruise vessels report bandwidth increases up to 11x.

AI-Driven Antenna Optimization

17% increase in aviation inflight connectivity efficiency with AI-based systems in 2024.

Panasonic Avionics: AI-powered antenna management reduced signal disruptions by 23% in commercial fleets.

Hybrid Multi-Orbit Networks

Northrop Grumman demo: seamless switching between Viasat and LEO for USAF in 2024.

Northrop Grumman: Resilient, uninterrupted defense communications; 10-modem hybrid terminal deployed.

Phased-Array Antennas

36% of new commercial aircraft delivered in 2024 equipped with phased-array SATCOM.

ThinKom: Enabled real-time beam steering for SES and Hughes airborne networks, boosting reliability.

Quantum-Secured SATCOM

13% of new defense SATCOM contracts in 2024 specify quantum encryption requirements.

Airbus: Piloted quantum-encrypted SATCOM for secure military communications in Europe, reducing breaches.

5G Deployment and Its Transformative Impact on the Global Market

Sector/Company

5G Application

Measurable Outcome (2023/24)

BMW

5G IoT in manufacturing

Improved production efficiency and quality control

Amazon

5G IoT in logistics/warehousing

Enhanced real-time inventory tracking, faster fulfillment

Starlink

5G SATCOM rural broadband

5.6M subscribers, 7,001 satellites deployed

India (nationwide)

5G mobile adoption

269M users by end-2024 (22% of mobile subscriptions)

Global (GSMA)

Industrial IoT via 5G

3B Industry 4.0 IoT connections projected by 2025

Supply Chain Resilience in the Global Market: Trends and Impact

Company

Strategy/Technology Used

Measurable Outcome (2023/24)

Northrop Grumman

Real-time AI & blockchain integration for supply chain

Enhanced traceability, fewer disruptions

Viasat (post-Inmarsat)

Increased supplier diversity, digital supply chain tools

20% reduction in supply shortages during 2024 disruptions

Cobham Satcom

Local supplier adoption, green logistics

12% logistics cost savings, 12% CO2 emissions cut in 2024

Amazon

AI-driven predictive analytics, robotics

Improved fulfillment efficiency, rapid adaptation during COVID-19

Toyota

Diversified global supplier network, continuous improvement

Improved risk management and supply continuity

Challenges

  • Complex regulatory and licensing regimes: A significant challenge is rising complexity in regulatory and licensing regimes globally, hindering satellite deployment and service launch. Starlink's June 2025 Indian license was a milestone, but many operators face prolonged approval cycles and spectrum allocation issues in other markets. It requires gigantic investment and local partnership to deal with such regulatory landscapes, and it can stifle market entry and growth. Coordination of global standards remains a priority for the industry in order to enable smooth SATCOM operations globally.
  • Space congestion and space debris hazards: Another challenge is the increasing threat of space traffic congestion and orbital debris threatening satellite safety and operational continuity. In January 2025, E-Space began launching demo satellites that will capture and deorbit orbital debris and address sustainability challenges in massive SATCOM deployments. The increasing number of satellites, especially in LEO, necessitates advanced space traffic management and debris mitigation strategies. Overlooking these challenges could impact the reliability of services and operational costs, posing a serious threat to the sustainable growth of the sector.

SATCOM Market Size and Forecast:

Report Attribute Details

Base Year

2025

Forecast Year

2026-2038

CAGR

11.5%

Base Year Market Size (2025)

USD 37.1 billion

Forecast Year Market Size (2038)

USD 166.4 billion

Regional Scope

  • North America (U.S., and Canada)
  • Asia Pacific (Japan, China, India, Indonesia, Malaysia, Australia, South Korea, Rest of Asia Pacific)
  • Europe (UK, Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Latin America (Mexico, Argentina, Brazil, Rest of Latin America)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)

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SATCOM Market Segmentation:

Component Segment Analysis

The services sector is expected to witness a robust CAGR of 12.20% from 2026 to 2038 due to the increasing demand for agile, scalable managed SATCOM solutions and enhanced connectivity. Managed services allow customers in government, maritime, aviation, and enterprise markets to leverage multi-orbit networks without the cost of large initial investments. In March 2024, the U.S. Space Force initiated testing of hybrid SATCOM terminals featuring embedded cybersecurity modules that alternate between military and commercial networks, providing greater resilience and operational security. This shift to integrated, service-based models is growing market opportunities and driving innovation in SATCOM delivery. As organizations seek cost-effectiveness and agility, the services sector will continue to be significant in the SATCOM market.

Application Segment Analysis

The asset tracking and monitoring segment is anticipated to account for 24.6% share until 2038, reflecting growing use of SATCOM in real-time location and condition monitoring in logistics, marine, and air industries. Globalstar and Peiker began rolling out satellite-based eCall systems in Europe during April of 2025, enhancing emergency response within the automotive sector. The action demonstrates SATCOM's increasing role in smart mobility and safety applications. The segment is underpinned by rising regulatory mandates for vehicle tracking and increasing connected fleets, driving long-term demand. As industries shift asset management to a digital process, SATCOM-enabled monitoring solutions are becoming inevitable, raising efficiency, safety, and regulatory compliance.

Our in-depth analysis of the global market includes the following segments:

Segment

Subsegments

Component

  • Device 
    • SATCOM Transceivers 
    • SATCOM Antennas 
    • Modems & Routers 
    • Solid-State Power Amplifiers (SSPAs) 
    • Others (User Terminals, etc.) 
  • Services 
    • Fixed Satellite Services (FSS) 
    • Broadcast Services 
    • VSAT Services Managed 
    • Network Services 
    • Satellite Internet Services 
    • Emergency and Disaster Services 

Application

  • Asset Tracking/Monitoring  
  • Airtime, Drone Connection  
  • Data Backup and Recovery  
  • Navigation and Surveillance  
  • Maritime Communications  
  • Platforms  

End user

  • Broadcast   
  • Maritime  
  • Energy and Utilities  
  • Government and Defense  
  • Transport and Freight  
  • Mining and Oil & Gas  
  • Agriculture  
  • Telecommunication  
  • Data Centers 
Vishnu Nair
Vishnu Nair
Head - Global Business Development

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SATCOM Market - Regional Analysis

North America Market Insights

North America is predicted to hold around 32.5% market share during the forecast period, led by advanced satellite networks and strong government and commercial investment. In January 2025, Amazon's Project Kuiper initiated full-scale deployments of over 3,000 planned LEO satellites, targeting underserved users with terminals backed by AWS infrastructure. The ambitious project is scheduled to disrupt global broadband mid-2025, enhancing connectivity in remote and rural areas.US government programs backing satellite broadband under digital inclusion initiatives also contribute to the market growth.

The U.S. SATCOM market is garnering robust growth as the need for high-throughput, high-capacity connectivity on a global scale across defense, enterprise, and rural broadband markets accelerates. In December 2024, NASA expanded its Commercial SATCOM Services Program, inviting new entrants like Starlink and SES to provide scalable data links for lunar and low-Earth missions. The move is diversifying the supply base and responding to the needs of the Artemis program's infrastructure, while opening the market to agile private companies. The U.S. is experiencing rapid deployment of hybrid GEO-LEO networks, which allow for low-latency, high-capacity solutions to mission-critical applications.

Canada SATCOM industry is expanding steadily, led by local investment in rural connectivity and next-generation satellite infrastructure. Telesat enhanced its Lightspeed LEO constellation in May 2025 with phased array terminal contracts for enterprise and aero customers requiring dynamic switching between satellites and ground networks. The solution supports early service activation until late 2026 and aims to bridge connectivity gaps in remote and underserved regions. Canada's government Universal Broadband Fund is also accelerating SATCOM adoption, with plans to connect all households to high-speed internet by 2030. Canadian operators are also collaborating with Arctic and coastal communities on delivering connectivity in demanding environments, supporting economic development and public safety.

Europe Market Insights

Europe is anticipated to witness robust CAGR from 2026 to 2038, fueled by investments in sovereign satellite assets and integration with 5G networks. The European Union's 2025 commitment to deploying 290 satellites under the IRIS² program aims to enhance broadband and military-level connectivity. The initiative complements NATO operations and allows for commercial 5G expansion, enhancing Europe's stand-alone SATCOM network. European operators and manufacturers are also designing software-defined satellites, such as Thales Alenia Space's December 2024 launch of the Space Inspire digital satellite, with real-time frequency reshuffling and beamforming features. These advances are driving Europe's strategic autonomy and market growth.

Germany SATCOM market is growing steadily, aided by its robust aerospace industry and government focus on secure communications. Viasat expanded its deal with Airbus in June 2024 to provide dual-band Ku/Ka SATCOM for Spain's C295 aircraft fleet, which enhances ISR and command-and-control capability. This partnership highlights Germany's role in European defense and secure airborne comms networks. The nation's investments in satellite research and development and integration with 5G networks are fueling innovation in multi-orbit SATCOM solutions. Germany's strategic position in European aerospace and defense industries is fueling market development and technological advancement.

The UK SATCOM market is witnessing robust growth fueled by government-funded space missions and commercial satellite deployment. The UK Space Agency selected four companies in November 2024 to develop space-based SATCOM-5G hybrid systems on a pilot basis, examining latency, backhaul reliability, and the feasibility of 5G national rollout. BT, OneWeb, and CGI UK are among those participating, showing strong industry collaboration. High government interest in space-enabled digital infrastructure and defence communications is driving the development of SATCOM. Hybrid GEO-LEO deployment growth is enhancing quality of service and coverage, and positioning the UK as a hub for central European SATCOM.

Country-Specific Insights

Country

2038 Orbital Revenue Share (%)

% of Defense Space Budget (2025)

2025 Market Size (USD Million)

Key Insights

United Kingdom

19.0

8.8

4,200.0

Skynet-6 encryption supremacy, OneWeb battlefield coms, Falklands monitoring

Germany

25.5

9.5

5,500.0

SATCOM electronic warfare suites, 40% NATO export share, SAR-Lupe integration

France

17.0

10.0

4,000.0

Syracuse MILSATCOM sovereignty, anti-jamming laser links

Italy

12.0

7.2

2,800.0

COSMO-SkyMed reconnaissance sats, Mediterranean migrant tracking

Spain

9.0

6.0

1,900.0

Hisdesat maritime narcotics surveillance, Gibraltar choke-point coverage

Nordics

11.5

6.5

2,100.0

Arctic hypersonic missile detection, ice navigation comsats

Rest of Europe

6.0

4.0

1,500.0

Eastern EU NATO integration, EU Iris² broadband constellation hubs

APEJ SATCOM Market Insights

Asia Pacific excluding Japan market is projected to expand at 12.3% CAGR between 2026 and 2038, with the growth in urbanization, government initiatives, and rise in demand for broadband connectivity. In April 2025, India's Bharat Net project used SATCOM for rural broadband to 600,000 villages with no fiber or wireless infrastructure. Domestic and Starlink operators are leading last-mile delivery drivers towards India's vision of digital inclusion. High demand exists in the geographically and demographically diverse region for hybrid satellite networks offering GEO, LEO, and MEO constellations. Government investment in smart cities, defense, and IoT applications also drives market growth.

China SATCOM market is growing rapidly, led by government policy and expanding satellite infrastructure. China is making significant investments in multi-orbit constellations and ground segment modernization to meet growing demand for broadband, IoT, and defense applications. The government's emphasis on space independence and export competitiveness is driving local SATCOM innovation and market expansion. In March 2024, China Satcom and CASC launched a SATCOM integration center in Shanghai, supporting Ka-band and multi-orbit R&D for state-owned clients. The facility aims to reduce satellite production cycles and increase launch cadence, further boosting China’s domestic capacity in commercial SATCOM deployment.

India SATCOM market is expanding rapidly, fueled by government initiatives and private investment in satellite broadband and military communications. The June 2025 Starlink license marks a key milestone, enabling the rollout of commercial satellite internet to rural and mountainous regions. India's Bharat Net program's integration of SATCOM is targeted at 600,000 villages without connectivity, facilitating digital inclusion and economic development. Government initiatives in secure communications and enhancing infrastructure are inviting global SATCOM operators to India and catalyzing indigenous innovation. In the wake of growing demand for broadband and IoT connectivity, India will probably become a leading SATCOM growth market in Asia Pacific.

Country-Specific Insights

Country/Region

2038 Orbital Revenue Share (%)

Unique Technology Focus

Key Growth Driver

Flagship Satellite Program

China

38.5

LEO mega-constellation mesh networking

Belt & Road connectivity

GuoWang 13,000-Satellite Cluster

India

15.0

Low-cost smallsat ISR platforms

Himalayan border security

Gaganyaan Military Comsat Fleet

South Korea

9.5

6G NTN-LEO integration

Smart shipping corridors

KoreaSat-6A Arctic Gateway

Australia

8.0

Antarctic coverage payloads

Five Eyes intelligence sharing

Southern Cross Polar Constellation

Indonesia

5.5

Maritime archipelagic swarm sats

Island sovereignty monitoring

PALAPA-NG Sovereignty Shield

Malaysia

3.5

ASEAN joint surveillance sats

South China Sea patrols

MEASAT-R Surveillance Grid

Rest of APEJ

2.0

Disaster-response CubeSat fleets

Climate refugee communications

Pacific Tsunami Alert Net

SATCOM Market Share
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Key SATCOM Market Players:

    The market is highly competitive, with the leading international players investing in multi-orbit networks, advanced ground infrastructure, and managed services. Strategic alliances and technological development are crucial to maintaining market leadership in this ever-changing business. One key recent development was the launch in December 2024 by Thales Alenia Space of Eutelsat's Space Inspire digital satellite. The platform enables real-time frequency reconfiguring and beamforming, reducing reconfiguration time from weeks to minutes. The technology is a classic example of the shift towards software-defined satellites in commercial fleets, offering increased flexibility and quality of service. As demand for high-throughput, low-latency connectivity rises, competition will rise, and more will be achieved in satellite technology and network management.

    Here are some leading companies in the SATCOM market:  

    Company Name

    Country of Origin

    Approximate Market Share (%)

    SpaceX (Starlink)

    U.S.

    20.5

    Airbus SE

    Europe

    9

    SES S.A.

    Luxembourg

    7.5

    Iridium Communications Inc.

    U.S.

    6

    Viasat, Inc.

    U.S.

    5.5

    Thales Group

    France

    xx

    Boeing

    U.S.

    xx

    L3Harris Technologies

    U.S.

    xx

    Honeywell International

    U.S.

    xx

    Cobham Limited

    UK

    xx

    EchoStar Corporation

    U.S.

    xx

    Communications and Power Industries (CPI)

    U.S.

    xx

    Maxar Technologies Inc.

    U.S.

    xx

    General Dynamics Corporation

    U.S.

    xx

    Below are the areas covered for each company in the SATCOM market:

    • Company Overview
    • Business Strategy
    • Key Product Offerings
    • Financial Performance
    • Key Performance Indicators
    • Risk Analysis
    • Recent Development
    • Regional Presence
    • SWOT Analysis

Recent Developments

  • In May 2025, Globalstar opened its Satellite Operations Control Center in Louisiana. The advanced hub boosts support for emergency response and M2M services. It underscores Globalstar’s shift toward next-gen LEO infrastructure. The launch drew U.S. lawmakers and FCC representatives, signaling policy support.
  • In March 2025, Semtech released the LR2021 transceiver for hybrid networks. It supports both terrestrial and SATCOM links with multi-PHY capabilities. The device enables long-range, low-power connectivity for IoT use cases. This enhances convergence between ground and space systems.
  • In February 2025, Anuvu launched new SATCOM services for commercial aviation fleets in Southeast Asia. It offers regional airlines bandwidth-on-demand via Ku-band satellites. This supports inflight connectivity and live entertainment for budget carriers. The expansion reflects rising demand for connected travel experiences post-pandemic.
  • In June 2024, SatixFy Technologies released advanced beamforming chipsets for satellite payloads. These support electronically steered antennas and onboard processing. They reduce satellite SWaP requirements while improving spectrum use. SatixFy’s innovation helps enable next-gen multi-beam satellite missions.
  • Report ID: 7943
  • Published Date: Jul 28, 2025
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In 2025, the industry size of SATCOM was USD 37.1 billion.

The global SATCOM market size was USD 37.1 billion in 2025 and is expected to reach USD 166.4 billion by the end of 2038, expanding at a CAGR of 11.5% during the forecast period, i.e., 2026-2038. In 2026, the industry size of SATCOM will be valued at USD 44.7 billion.

Key players in the market are SpaceX (Starlink), Airbus SE, SES S.A., Iridium Communications Inc., Viasat, Inc., Thales Group, Boeing, L3Harris Technologies, Honeywell International, Cobham Limited, EchoStar Corporation, Communications and Power Industries (CPI), Maxar Technologies Inc., General Dynamics Corporation, SKY Perfect JSAT Group.

The services segment is anticipated to lead the SATCOM market during the forecast period.

North America is anticipated to dominate the SATCOM market during the forecast period.
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