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Satellite Communication Services-Global Market Insights and Sales Trends 2025
Synopsis
A communications satellite is an artificial satellite that relays and amplifies radio telecommunications signals via a transponder; it creates a communication channel between a source transmitter and a receiver at different locations on Earth. Communications satellites are used for television, telephone, radio, internet, and military applications. There are over 2,000 communications satellites in Earth’s orbit, used by both private and government organizations.Satellite Communication Services are kinds of Communication Services var satellite.
The global Satellite Communication Services market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Satellite Communication Services in various end use industries. The expanding demands from the Merchant Shipping, Transport, Maritime vessels and Governments, are propelling Satellite Communication Services market. Very Small Aperture Terminal(VSAT), one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Mobile Satellite Services(MSS) segment is estimated at % CAGR for the next seven-year period.
The Global Mobile Economy Development Report 2023 released by GSMA Intelligence pointed out that by the end of 2022, the number of global mobile users would exceed 5.4 billion. The mobile ecosystem supports 16 million jobs directly and 12 million jobs indirectly.
According to our Communications Research Centre, in 2022, the global communication equipment was valued at US$ 100 billion. The U.S. and China are powerhouses in the manufacture of communications equipment. According to data from the Ministry of Industry and Information Technology of China, the cumulative revenue of telecommunications services in 2022 was ¥1.58 trillion, an increase of 8% over the previous year. The total amount of telecommunications business calculated at the price of the previous year reached ¥1.75 trillion, a year-on-year increase of 21.3%. In the same year, the fixed Internet broadband access business revenue was ¥240.2 billion, an increase of 7.1% over the previous year, and its proportion in the telecommunications business revenue decreased from 15.3% in the previous year to 15.2%, driving the telecommunications business revenue to increase by 1.1 percentage points.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Satellite Communication Services, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Satellite Communication Services market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Satellite Communication Services market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Satellite Communication Services sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Satellite Communication Services covered in this report include Intelsat, SES, Eutelsat, Telesat, China Satcom, SKY Perfect JSAT Group, AsiaSat, Optus and Hellas Sat, etc.
The global Satellite Communication Services market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Intelsat
SES
Eutelsat
Telesat
China Satcom
SKY Perfect JSAT Group
AsiaSat
Optus
Hellas Sat
Hisposat
Inmarsat
Globecomm Systems
Iridium Communications
Thuraya Telecommunications Company
Hughes Network Systems
KVH Industries
Viasat
Harris Caprock Communications
Globecomm Systems
VT Idirect
Norsat International
Global Satellite Communication Services market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Satellite Communication Services market, Segment by Type:
Very Small Aperture Terminal(VSAT)
Mobile Satellite Services(MSS)
Global Satellite Communication Services market, by Application
Merchant Shipping
Transport
Maritime vessels
Governments
Leisure Vessels
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Satellite Communication Services companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
A communications satellite is an artificial satellite that relays and amplifies radio telecommunications signals via a transponder; it creates a communication channel between a source transmitter and a receiver at different locations on Earth. Communications satellites are used for television, telephone, radio, internet, and military applications. There are over 2,000 communications satellites in Earth’s orbit, used by both private and government organizations.Satellite Communication Services are kinds of Communication Services var satellite.
The global Satellite Communication Services market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Satellite Communication Services in various end use industries. The expanding demands from the Merchant Shipping, Transport, Maritime vessels and Governments, are propelling Satellite Communication Services market. Very Small Aperture Terminal(VSAT), one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Mobile Satellite Services(MSS) segment is estimated at % CAGR for the next seven-year period.
The Global Mobile Economy Development Report 2023 released by GSMA Intelligence pointed out that by the end of 2022, the number of global mobile users would exceed 5.4 billion. The mobile ecosystem supports 16 million jobs directly and 12 million jobs indirectly.
According to our Communications Research Centre, in 2022, the global communication equipment was valued at US$ 100 billion. The U.S. and China are powerhouses in the manufacture of communications equipment. According to data from the Ministry of Industry and Information Technology of China, the cumulative revenue of telecommunications services in 2022 was ¥1.58 trillion, an increase of 8% over the previous year. The total amount of telecommunications business calculated at the price of the previous year reached ¥1.75 trillion, a year-on-year increase of 21.3%. In the same year, the fixed Internet broadband access business revenue was ¥240.2 billion, an increase of 7.1% over the previous year, and its proportion in the telecommunications business revenue decreased from 15.3% in the previous year to 15.2%, driving the telecommunications business revenue to increase by 1.1 percentage points.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Satellite Communication Services, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Satellite Communication Services market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Satellite Communication Services market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Satellite Communication Services sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Satellite Communication Services covered in this report include Intelsat, SES, Eutelsat, Telesat, China Satcom, SKY Perfect JSAT Group, AsiaSat, Optus and Hellas Sat, etc.
The global Satellite Communication Services market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Intelsat
SES
Eutelsat
Telesat
China Satcom
SKY Perfect JSAT Group
AsiaSat
Optus
Hellas Sat
Hisposat
Inmarsat
Globecomm Systems
Iridium Communications
Thuraya Telecommunications Company
Hughes Network Systems
KVH Industries
Viasat
Harris Caprock Communications
Globecomm Systems
VT Idirect
Norsat International
Global Satellite Communication Services market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Satellite Communication Services market, Segment by Type:
Very Small Aperture Terminal(VSAT)
Mobile Satellite Services(MSS)
Global Satellite Communication Services market, by Application
Merchant Shipping
Transport
Maritime vessels
Governments
Leisure Vessels
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Satellite Communication Services companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Index1 Market Overview of Satellite Communication Services
1.1 Satellite Communication Services Market Overview
1.1.1 Satellite Communication Services Product Scope
1.1.2 Satellite Communication Services Market Status and Outlook
1.2 Global Satellite Communication Services Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Satellite Communication Services Market Size by Region (2018-2029)
1.4 Global Satellite Communication Services Historic Market Size by Region (2018-2023)
1.5 Global Satellite Communication Services Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Satellite Communication Services Market Size (2018-2029)
1.6.1 North America Satellite Communication Services Market Size (2018-2029)
1.6.2 Europe Satellite Communication Services Market Size (2018-2029)
1.6.3 Asia-Pacific Satellite Communication Services Market Size (2018-2029)
1.6.4 Latin America Satellite Communication Services Market Size (2018-2029)
1.6.5 Middle East & Africa Satellite Communication Services Market Size (2018-2029)
2 Satellite Communication Services Market by Type
2.1 Introduction
2.1.1 Very Small Aperture Terminal(VSAT)
2.1.2 Mobile Satellite Services(MSS)
2.2 Global Satellite Communication Services Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Satellite Communication Services Historic Market Size by Type (2018-2023)
2.2.2 Global Satellite Communication Services Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Satellite Communication Services Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Satellite Communication Services Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Satellite Communication Services Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Satellite Communication Services Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Satellite Communication Services Revenue Breakdown by Type (2018-2029)
3 Satellite Communication Services Market Overview by Application
3.1 Introduction
3.1.1 Merchant Shipping
3.1.2 Transport
3.1.3 Maritime vessels
3.1.4 Governments
3.1.5 Leisure Vessels
3.2 Global Satellite Communication Services Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Satellite Communication Services Historic Market Size by Application (2018-2023)
3.2.2 Global Satellite Communication Services Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Satellite Communication Services Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Satellite Communication Services Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Satellite Communication Services Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Satellite Communication Services Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Satellite Communication Services Revenue Breakdown by Application (2018-2029)
4 Satellite Communication Services Competition Analysis by Players
4.1 Global Satellite Communication Services Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Satellite Communication Services as of 2022)
4.3 Date of Key Players Enter into Satellite Communication Services Market
4.4 Global Top Players Satellite Communication Services Headquarters and Area Served
4.5 Key Players Satellite Communication Services Product Solution and Service
4.6 Competitive Status
4.6.1 Satellite Communication Services Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 Intelsat
5.1.1 Intelsat Profile
5.1.2 Intelsat Main Business
5.1.3 Intelsat Satellite Communication Services Products, Services and Solutions
5.1.4 Intelsat Satellite Communication Services Revenue (US$ Million) & (2018-2023)
5.1.5 Intelsat Recent Developments
5.2 SES
5.2.1 SES Profile
5.2.2 SES Main Business
5.2.3 SES Satellite Communication Services Products, Services and Solutions
5.2.4 SES Satellite Communication Services Revenue (US$ Million) & (2018-2023)
5.2.5 SES Recent Developments
5.3 Eutelsat
5.3.1 Eutelsat Profile
5.3.2 Eutelsat Main Business
5.3.3 Eutelsat Satellite Communication Services Products, Services and Solutions
5.3.4 Eutelsat Satellite Communication Services Revenue (US$ Million) & (2018-2023)
5.3.5 Telesat Recent Developments
5.4 Telesat
5.4.1 Telesat Profile
5.4.2 Telesat Main Business
5.4.3 Telesat Satellite Communication Services Products, Services and Solutions
5.4.4 Telesat Satellite Communication Services Revenue (US$ Million) & (2018-2023)
5.4.5 Telesat Recent Developments
5.5 China Satcom
5.5.1 China Satcom Profile
5.5.2 China Satcom Main Business
5.5.3 China Satcom Satellite Communication Services Products, Services and Solutions
5.5.4 China Satcom Satellite Communication Services Revenue (US$ Million) & (2018-2023)
5.5.5 China Satcom Recent Developments
5.6 SKY Perfect JSAT Group
5.6.1 SKY Perfect JSAT Group Profile
5.6.2 SKY Perfect JSAT Group Main Business
5.6.3 SKY Perfect JSAT Group Satellite Communication Services Products, Services and Solutions
5.6.4 SKY Perfect JSAT Group Satellite Communication Services Revenue (US$ Million) & (2018-2023)
5.6.5 SKY Perfect JSAT Group Recent Developments
5.7 AsiaSat
5.7.1 AsiaSat Profile
5.7.2 AsiaSat Main Business
5.7.3 AsiaSat Satellite Communication Services Products, Services and Solutions
5.7.4 AsiaSat Satellite Communication Services Revenue (US$ Million) & (2018-2023)
5.7.5 AsiaSat Recent Developments
5.8 Optus
5.8.1 Optus Profile
5.8.2 Optus Main Business
5.8.3 Optus Satellite Communication Services Products, Services and Solutions
5.8.4 Optus Satellite Communication Services Revenue (US$ Million) & (2018-2023)
5.8.5 Optus Recent Developments
5.9 Hellas Sat
5.9.1 Hellas Sat Profile
5.9.2 Hellas Sat Main Business
5.9.3 Hellas Sat Satellite Communication Services Products, Services and Solutions
5.9.4 Hellas Sat Satellite Communication Services Revenue (US$ Million) & (2018-2023)
5.9.5 Hellas Sat Recent Developments
5.10 Hisposat
5.10.1 Hisposat Profile
5.10.2 Hisposat Main Business
5.10.3 Hisposat Satellite Communication Services Products, Services and Solutions
5.10.4 Hisposat Satellite Communication Services Revenue (US$ Million) & (2018-2023)
5.10.5 Hisposat Recent Developments
5.11 Inmarsat
5.11.1 Inmarsat Profile
5.11.2 Inmarsat Main Business
5.11.3 Inmarsat Satellite Communication Services Products, Services and Solutions
5.11.4 Inmarsat Satellite Communication Services Revenue (US$ Million) & (2018-2023)
5.11.5 Inmarsat Recent Developments
5.12 Globecomm Systems
5.12.1 Globecomm Systems Profile
5.12.2 Globecomm Systems Main Business
5.12.3 Globecomm Systems Satellite Communication Services Products, Services and Solutions
5.12.4 Globecomm Systems Satellite Communication Services Revenue (US$ Million) & (2018-2023)
5.12.5 Globecomm Systems Recent Developments
5.13 Iridium Communications
5.13.1 Iridium Communications Profile
5.13.2 Iridium Communications Main Business
5.13.3 Iridium Communications Satellite Communication Services Products, Services and Solutions
5.13.4 Iridium Communications Satellite Communication Services Revenue (US$ Million) & (2018-2023)
5.13.5 Iridium Communications Recent Developments
5.14 Thuraya Telecommunications Company
5.14.1 Thuraya Telecommunications Company Profile
5.14.2 Thuraya Telecommunications Company Main Business
5.14.3 Thuraya Telecommunications Company Satellite Communication Services Products, Services and Solutions
5.14.4 Thuraya Telecommunications Company Satellite Communication Services Revenue (US$ Million) & (2018-2023)
5.14.5 Thuraya Telecommunications Company Recent Developments
5.15 Hughes Network Systems
5.15.1 Hughes Network Systems Profile
5.15.2 Hughes Network Systems Main Business
5.15.3 Hughes Network Systems Satellite Communication Services Products, Services and Solutions
5.15.4 Hughes Network Systems Satellite Communication Services Revenue (US$ Million) & (2018-2023)
5.15.5 Hughes Network Systems Recent Developments
5.16 KVH Industries
5.16.1 KVH Industries Profile
5.16.2 KVH Industries Main Business
5.16.3 KVH Industries Satellite Communication Services Products, Services and Solutions
5.16.4 KVH Industries Satellite Communication Services Revenue (US$ Million) & (2018-2023)
5.16.5 KVH Industries Recent Developments
5.17 Viasat
5.17.1 Viasat Profile
5.17.2 Viasat Main Business
5.17.3 Viasat Satellite Communication Services Products, Services and Solutions
5.17.4 Viasat Satellite Communication Services Revenue (US$ Million) & (2018-2023)
5.17.5 Viasat Recent Developments
5.18 Harris Caprock Communications
5.18.1 Harris Caprock Communications Profile
5.18.2 Harris Caprock Communications Main Business
5.18.3 Harris Caprock Communications Satellite Communication Services Products, Services and Solutions
5.18.4 Harris Caprock Communications Satellite Communication Services Revenue (US$ Million) & (2018-2023)
5.18.5 Harris Caprock Communications Recent Developments
5.19 Globecomm Systems
5.19.1 Globecomm Systems Profile
5.19.2 Globecomm Systems Main Business
5.19.3 Globecomm Systems Satellite Communication Services Products, Services and Solutions
5.19.4 Globecomm Systems Satellite Communication Services Revenue (US$ Million) & (2018-2023)
5.19.5 Globecomm Systems Recent Developments
5.20 VT Idirect
5.20.1 VT Idirect Profile
5.20.2 VT Idirect Main Business
5.20.3 VT Idirect Satellite Communication Services Products, Services and Solutions
5.20.4 VT Idirect Satellite Communication Services Revenue (US$ Million) & (2018-2023)
5.20.5 VT Idirect Recent Developments
5.21 Norsat International
5.21.1 Norsat International Profile
5.21.2 Norsat International Main Business
5.21.3 Norsat International Satellite Communication Services Products, Services and Solutions
5.21.4 Norsat International Satellite Communication Services Revenue (US$ Million) & (2018-2023)
5.21.5 Norsat International Recent Developments
6 North America
6.1 North America Satellite Communication Services Market Size by Country (2018-2029)
6.2 U.S.
6.3 Canada
7 Europe
7.1 Europe Satellite Communication Services Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific Satellite Communication Services Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America Satellite Communication Services Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa Satellite Communication Services Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 Satellite Communication Services Market Dynamics
11.1 Satellite Communication Services Industry Trends
11.2 Satellite Communication Services Market Drivers
11.3 Satellite Communication Services Market Challenges
11.4 Satellite Communication Services Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List
Published By : QY Research
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