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PUBLISHER: Grand View Research | PRODUCT CODE: 1171026
PUBLISHER: Grand View Research | PRODUCT CODE: 1171026
Satellite Internet Market Size, Share & Trends Analysis Report By Frequency Band (L-band, C-band, K-band, and X-band), By Industry, By Region (North America, Europe, Asia Pacific, Latin America, MEA), And Segment Forecasts, 2022 - 2030
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Satellite Internet Market Growth & Trends:
The global satellite internet market size is expected to reach USD 19.71 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 11.6% from 2022 to 2030. Satellite internet is a wireless network that provides access to satellite dishes both in space and on earth. It connects people in remote regions worldwide and provides access to a global information network. Satellite internet is accessed through high-speed network connectivity supplied by Earth-circling satellites. It is faster than a regular internet connection and distinguishes itself from land-based internet services such as digital subscriber line (DSL) and cable. Satellite communication provides a land-based interface for accessing audio, video, and information from anywhere on Earth.
One of the significant advantages of satellite internet for businesses is the ability to transmit a link at many megabits per second over a remote location. However, a private and secure connection can join many remote locations spread over a wide area. In rural areas, demand for satellite internet is rising due to the lack of other broadband internet choices. Additionally, satellite internet can provide access to the web in remote areas where it is challenging to get broadband, such as deserts and mountains, which increases the demand for satellite internet in these areas. Furthermore, internet users can now get better speed and bandwidth owing to advancements in satellite internet technology. As a result, these services are quickly adopted in emerging economies such as India, Brazil, the Philippines, Malaysia, and more fueling the market's expansion.
The rise in government programs for the uptake of advanced satellite internet services to develop a digitized economy and to provide enhanced public safety & security drives the market's growth. Furthermore, several governments are significantly funding satellite internet companies to provide broadband services to rural populations across emerging countries, boosting market growth. For instance, In October 2022 U.K. government invested USD 14.62 million in U.K. businesses to enhance satellite communications technology. Advanced Research in Telecommunications Services (ARTES) and European Space Agency (ESA) fund this investment. This investment is focused on developing new satellite configurations and terrestrial infrastructure or providing internet services to customers.
Satellite Market Report Highlights:
- The key factors driving the growth of the satellite internet market globally include a surge in the adoption of satellite services in government and military and growing adoption of satellite internet for connectivity in rural areas
- The frequency band comprises L-band, C-band, K-band, and X-band. The K-band segment dominates the satellite internet market, gaining a share of 40.3% in 2021 and witnessing a CAGR of 13.9% during the forecast period. The K-band frequency is utilized in defense, broadcasting, and security radar systems. K-band monolithic microwave integrated circuit (MMIC) is an emerging technology that enables the implementation of K-band low-noise and amplifiers with reduced costs, ease of large-scale production, and high durability which further drives its adoption in the forecasted period
- The government and public segment is expected to dominate in 2021, gaining a market share of 19.8%. It is expected to grow at 10.5% CAGR throughout the forecast period owing to increasing government initiatives across the globe to provide internet connectivity in remote locations
- North America led the overall market in 2021, with the highest market share of 32.5%. It is expected to witness a CAGR of 11.0% throughout the forecast period. The growth is due to the rise in government initiatives to deploy satellite technology in various parts of North America. The population of developed countries such as the U.S. and Canada is highly tech-savvy and requires fast & better internet connectivity. This elevates the demand for high-speed internet, which should foster regional market growth
- To increase their product offering, companies utilize a variety of inorganic growth tactics, such as partnerships, mergers, and acquisitions. For instance, In October 2022, Axess announced a partnership with Viasat. Viasat's maritime operations will be able to reach a wider global audience owing to its strategic relationship with AXESS Maritime, which will provide a variety of solutions and services. AXESS Maritime offers regional and international networks and provides the complete rotation from network infrastructure, deployment, implementation, ship monitoring, and round-the-clock global NOC support
Product Code: GVR-4-68040-003-3
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Research Methodology
- 1.2. Research Scope & Assumptions
- 1.3. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Satellite Internet - Industry Snapshot & Key Buying Criteria, 2017 - 2030
Chapter 3. Industry Outlook
- 3.1. Market Segmentation & Scope
- 3.2. Satellite Internet Market Size and Growth Prospects
- 3.3. Satellite Internet - Value Chain Analysis
- 3.4. Market Dynamics
- 3.4.1. Market driver analysis
- 3.4.1.1. Surge in adoption of satellite services in government and military
- 3.4.1.2. Increased use of satellite internet pertaining to internet connectivity in rural areas
- 3.4.2. Market restraint analysis
- 3.4.2.1. High implementation and maintenance cost of satellite internet
- 3.4.3. Market opportunity analysis
- 3.4.3.1. Growing advancement of 5G network in satellite internet
- 3.4.1. Market driver analysis
- 3.5. Key Opportunities - Prioritized
- 3.6. Satellite Internet- Key Company Analysis, 2021
- 3.6.1. Key company analysis, 2021
- 3.6.2. Satellite Internet key start-up analysis
- 3.7. Industry Analysis - Porter's Five Forces
- 3.8. Satellite Internet- PEST Analysis
Chapter 4. Satellite Internet Market: Frequency Band Estimates & Trend Analysis
- 4.1. Satellite Internet Market: Frequency Analysis
- 4.1.1. L-band market estimates and forecasts, 2017 - 2030 (USD Million)
- 4.1.2. C-band market estimates and forecasts, 2017 - 2030 (USD Million)
- 4.1.3. K-band market estimates and forecasts, 2017 - 2030 (USD Million)
- 4.1.4. X-band market estimates and forecasts, 2017 - 2030 (USD Million)
Chapter 5. Satellite Internet Market: Industry Estimates & Trend Analysis
- 5.1. Satellite Internet Market: Deployment Analysis
- 5.1.1. Energy and Utility market estimates and forecasts, 2017 - 2030 (USD Million)
- 5.1.2. Government and Public sector market estimates and forecasts, 2017 - 2030 (USD Million)
- 5.1.3. Transport and Cargo sector market estimates and forecasts, 2017 - 2030 (USD Million)
- 5.1.4. Maritime market estimates and forecasts, 2017 - 2030 (USD Million)
- 5.1.5. Military market estimates and forecasts, 2017 - 2030 (USD Million)
- 5.1.6. Corporates/Enterprises market estimates and forecasts, 2017 - 2030 (USD Million)
- 5.1.7. Media and Broadcasting market estimates and forecasts, 2017 - 2030 (USD Million)
- 5.1.8. Others market estimates and forecasts, 2017 - 2030 (USD Million)
Chapter 6. Satellite Internet Market: Regional Estimates & Trend Analysis
- 6.1. Satellite Internet Market Share By Region, 2021 & 2030
- 6.2. North America
- 6.2.1. Satellite Internet market by frequency band, 2017 - 2030 (USD Million)
- 6.2.2. Satellite Internet market by industry, 2017 - 2030 (USD Million)
- 6.2.3. U.S.
- 6.2.3.1. Satellite Internet market by frequency band, 2017 - 2030 (USD Million)
- 6.2.3.2. Satellite Internet market by industry, 2017 - 2030 (USD Million)
- 6.2.4. Canada
- 6.2.4.1. Satellite Internet market by frequency band, 2017 - 2030 (USD Million)
- 6.2.4.2. Satellite Internet market by industry, 2017 - 2030 (USD Million)
- 6.3. Europe
- 6.3.1. Satellite Internet market by frequency band, 2017 - 2030 (USD Million)
- 6.3.2. Satellite Internet market by industry, 2017 - 2030 (USD Million)
- 6.3.3. U.K.
- 6.3.3.1. Satellite Internet market by frequency band, 2017 - 2030 (USD Million)
- 6.3.3.2. Satellite Internet market by industry, 2017 - 2030 (USD Million)
- 6.3.4. Germany
- 6.3.4.1. Satellite Internet market by frequency band, 2017 - 2030 (USD Million)
- 6.3.4.2. Satellite Internet market by industry, 2017 - 2030 (USD Million)
- 6.3.5. France
- 6.3.5.1. Satellite Internet market by frequency band, 2017 - 2030 (USD Million)
- 6.3.5.2. Satellite Internet market by industry, 2017 - 2030 (USD Million)
- 6.3.6. Italy
- 6.3.6.1. Satellite Internet market by frequency band, 2017 - 2030 (USD Million)
- 6.3.6.2. Satellite Internet market by industry, 2017 - 2030 (USD Million)
- 6.4. Asia Pacific
- 6.4.1. Satellite Internet market by frequency band, 2017 - 2030 (USD Million)
- 6.4.2. Satellite Internet market by industry 2017 - 2030 (USD Million)
- 6.4.3. China
- 6.4.3.1. Satellite Internet market by frequency band, 2017 - 2030 (USD Million)
- 6.4.3.2. Satellite Internet market by industry, 2017 - 2030 (USD Million)
- 6.4.4. India
- 6.4.4.1. Satellite Internet market by frequency band, 2017 - 2030 (USD Million)
- 6.4.4.2. Satellite Internet market by industry, 2017 - 2030 (USD Million)
- 6.4.5. Japan
- 6.4.5.1. Satellite Internet market by frequency band, 2017 - 2030 (USD Million)
- 6.4.5.2. Satellite Internet market by industry, 2017 - 2030 (USD Million)
- 6.4.6. South Korea
- 6.4.6.1. Satellite Internet market by frequency band, 2017 - 2030 (USD Million)
- 6.4.6.2. Satellite Internet market by industry, 2017 - 2030 (USD Million)
- 6.5. Latin America
- 6.5.1. Satellite Internet market by frequency band, 2017 - 2030 (USD Million)
- 6.5.2. Satellite Internet market by industry, 2017 - 2030 (USD Million)
- 6.5.3. Brazil
- 6.5.3.1. Satellite Internet market by frequency band, 2017 - 2030 (USD Million)
- 6.5.3.2. Satellite Internet market by industry, 2017 - 2030 (USD Million)
- 6.5.4. Mexico
- 6.5.4.1. Satellite Internet market by frequency band, 2017 - 2030 (USD Million)
- 6.5.4.2. Satellite Internet market by industry, 2017 - 2030 (USD Million)
- 6.6. Middle East and Africa (MEA)
- 6.6.1. Satellite Internet market by frequency band, 2017 - 2030 (USD Million)
- 6.6.2. Satellite Internet market by industry 2017 - 2030 (USD Million)
Chapter 7. Competitive Landscape
- 7.1. Singtel Group
- 7.1.1. Company Overview
- 7.1.2. Financial performance
- 7.1.3. Product Benchmarking
- 7.1.4. Recent developments
- 7.2. Freedomsat
- 7.2.1. Company Overview
- 7.2.2. Product Benchmarking
- 7.2.3. Recent developments
- 7.3. EchoStar Corporation
- 7.3.1. Company Overview
- 7.3.2. Financial performance
- 7.3.3. Product Benchmarking
- 7.3.4. Recent developments
- 7.4. Thuraya Telecommunications Company
- 7.4.1. Company Overview
- 7.4.2. Financial performance
- 7.4.3. Product Benchmarking
- 7.4.4. Recent developments
- 7.5. Eutelsat Communications SA
- 7.5.1. Company Overview
- 7.5.2. Financial performance
- 7.5.3. Product Benchmarking
- 7.5.4. Recent developments
- 7.6. OneWeb.net
- 7.6.1. Company Overview
- 7.6.2. Financial performance
- 7.6.3. Product Benchmarking
- 7.6.4. Recent developments
- 7.7. SpaceX
- 7.7.1. Company Overview
- 7.7.2. Product Benchmarking
- 7.7.3. Recent developments
- 7.8. Viasat, Inc.
- 7.8.1. Company Overview
- 7.8.2. Financial performance
- 7.8.3. Product Benchmarking
- 7.8.4. Recent developments
- 7.9. Axess
- 7.9.1. Company Overview
- 7.9.2. Financial performance
- 7.9.3. Product Benchmarking
- 7.9.4. Recent developments
- 7.10. DSL Telecom
- 7.10.1. Company Overview
- 7.10.2. Product Benchmarking
- 7.10.3. Recent developments
Product Code: GVR-4-68040-003-3
List of Tables
- Table 1 Global satellite internet market, 2017 - 2030 (USD Million)
- Table 2 Global market estimates and forecasts by region, 2017 - 2030 (USD Million)
- Table 3 Global market estimates and forecasts by frequency Band, 2017 - 2030 (USD Million)
- Table 4 Global market estimates and forecasts by industry, 2017 - 2030 (USD Million)
- Table 5 Global L-band satellite internet market by region, 2017 - 2030 (USD Million)
- Table 6 Global C-band satellite internet market by region, 2017 - 2030 (USD Million)
- Table 7 Global K-band satellite internet market by region, 2017 - 2030 (USD Million)
- Table 8 Global X-band satellite internet market by region, 2017 - 2030 (USD Million)
- Table 9 Global energy & utility satellite internet market by region, 2017 - 2030 (USD Million)
- Table 10 Global government and public sector satellite internet market by region, 2017 - 2030 (USD Million)
- Table 11 Global transport & cargo satellite internet market by region, 2017 - 2030 (USD Million)
- Table 12 Global maritime satellite internet market by region, 2017 - 2030 (USD Million)
- Table 13 Global military satellite internet market by region, 2017 - 2030 (USD Million)
- Table 14 Global corporates/enterprises satellite internet market by region, 2017 - 2030 (USD Million)
- Table 15 Global media & broadcasting satellite internet market by region, 2017 - 2030 (USD Million)
- Table 16 Global others satellite internet market by region, 2017 - 2030 (USD Million)
- Table 17 North America satellite internet market by frequency band, 2017 - 2030 (USD Million)
- Table 18 North America satellite internet market by industry, 2017 - 2030 (USD Million)
- Table 19 U.S. satellite internet market by frequency band, 2017 - 2030 (USD Million)
- Table 20 U.S. satellite internet market by industry, 2017 - 2030 (USD Million)
- Table 21 Canada satellite internet market by frequency band, 2017 - 2030 (USD Million)
- Table 22 Canada satellite internet market by industry, 2017 - 2030 (USD Million)
- Table 23 Europe satellite internet market by frequency band, 2017 - 2030 (USD Million)
- Table 24 Europe satellite internet market by industry, 2017 - 2030 (USD Million)
- Table 25 Germany satellite internet market by frequency band, 2017 - 2030 (USD Million)
- Table 26 Germany satellite internet market by industry, 2017 - 2030 (USD Million)
- Table 27 U.K. satellite internet market by frequency band, 2017 - 2030 (USD Million)
- Table 28 U.K. satellite internet market by industry, 2017 - 2030 (USD Million)
- Table 29 France satellite internet market by frequency band, 2017 - 2030 (USD Million)
- Table 30 France satellite internet market by industry, 2017 - 2030 (USD Million)
- Table 31 Italy satellite internet market by frequency band, 2017 - 2030 (USD Million)
- Table 32 Italy satellite internet market by industry, 2017 - 2030 (USD Million)
- Table 33 Asia Pacific satellite internet market by frequency band, 2017 - 2030 (USD Million)
- Table 34 Asia Pacific satellite internet market by industry, 2017 - 2030 (USD Million)
- Table 35 China satellite internet market by frequency band, 2017 - 2030 (USD Million)
- Table 36 China satellite internet market by industry, 2017 - 2030 (USD Million)
- Table 37 India satellite internet market by frequency band, 2017 - 2030 (USD Million)
- Table 38 India satellite internet market by industry, 2017 - 2030 (USD Million)
- Table 39 Japan satellite internet market by frequency band, 2017 - 2030 (USD Million)
- Table 40 Japan satellite internet market by industry, 2017 - 2030 (USD Million)
- Table 41 South Korea satellite internet market by frequency band, 2017 - 2030 (USD Million)
- Table 42 South Korea satellite internet market by industry, 2017 - 2030 (USD Million)
- Table 43 Latin America satellite internet market by frequency band, 2017 - 2030 (USD Million)
- Table 44 Latin America satellite internet market by industry, 2017 - 2030 (USD Million)
- Table 45 Brazil satellite internet market by frequency band, 2017 - 2030 (USD Million)
- Table 46 Brazil satellite internet market by industry, 2017 - 2030 (USD Million)
- Table 47 Mexico satellite internet market by frequency band, 2017 - 2030 (USD Million)
- Table 48 Mexico satellite internet market by industry, 2017 - 2030 (USD Million)
- Table 49 Middle East and Africa satellite internet market by frequency band, 2017 - 2030 (USD Million)
- Table 50 Middle East and Africa satellite internet market by industry, 2017 - 2030 (USD Million)
List of Figures
- Fig. 1 Satellite internet market segmentation and scope
- Fig. 2 Satellite internet market, 2017 - 2030 (USD Million)
- Fig. 3 Frequency band segmental Insights
- Fig. 4 Industry segmental Insights
- Fig. 5 Value chain analysis
- Fig. 6 Satellite internet market driver impact
- Fig. 7 Satellite internet market restraint impact
- Fig. 8 Satellite internet market opportunity impact
- Fig. 9 Satellite internet penetration and growth prospects mapping
- Fig. 10 Satellite internet market -Porter's five forces analysis
- Fig. 11 Satellite internet market -PEST analysis
- Fig. 12 Satellite internet market, By Frequency Band, 2021 & 2030 (USD Million)
- Fig. 13 Satellite internet market, By Industry, 2021 & 2030 (USD Million)
- Fig. 14 North America satellite internet market - Key takeaways
- Fig. 15 Europe satellite internet market - Key takeaways
- Fig. 16 Asia-Pacific satellite internet market - Key takeaways
- Fig. 17 Latin America satellite internet market - Key takeaways
- Fig. 18 MEA satellite internet market - Key takeaways
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