The Satellite Internet Market, valued at $5.6 billion in 2024, is projected to reach $23.6 billion by 2029, growing at a CAGR of 27.7%. Advances in LEO satellite constellations, High Throughput Satellites (HTS), and Laser Inter-Satellite Links (LISLs) are driving growth. The increasing need for high-speed, low-latency connectivity in remote areas and demand from business, government, and personal users further boost adoption. Challenges like weather interference and satellite failures remain, but key players such as Starlink, Viasat, Eutelsat, and SES SA continue to lead market innovation. Discover industry trends, forecasts & opportunities in this latest market report.
Dublin, March 10, 2025 (GLOBE NEWSWIRE) -- The "Satellite Internet Market" report has been added to ResearchAndMarkets.com's offering.
The Satellite Internet Market was valued at USD 5.6 Billion in 2024, and is projected to reach USD 23.6 Billion by 2029, rising at a CAGR of 27.7%.
Satellite internet technology has advanced significantly in recent years, competing with more established land-based internet providers like fiber and cable. These developments have increased satellite internet speed, lowered latency, and reached new regions. The creation of LEO satellite constellations is a noteworthy technological advance in satellite internet. Another significant development is the adoption of HTS, which considerably expands the volume of data that can be sent between satellites and users.
Report Scope
This report analyzes trends in the global satellite internet market. Using 2023 as the base year, the report provides estimates of market value data for the forecast period from 2024 through 2029. Revenue forecasts for this period are segmented by orbit and end-user. The study also covers an in-depth regional analysis of the Americas, Europe, Asia-Pacific (APAC), and the Middle East and Africa (MEA). The report covers the emerging technologies that are expected to shape the satellite internet market in the forecast period. Additionally, the leading companies in this market are analyzed, including their market share and relevant key developments in the global market. The leading companies in the market are also profiled.
The report includes:
Key Attributes:
Report Attribute | Details |
No. of Pages | 82 |
Forecast Period | 2024 - 2029 |
Estimated Market Value (USD) in 2024 | $5.6 Billion |
Forecasted Market Value (USD) by 2029 | $23.6 Billion |
Compound Annual Growth Rate | 27.7% |
Regions Covered | Global |
Key Topics Covered:
Chapter 1 Executive Summary
Chapter 2 Market Overview
Chapter 3 Market Dynamics
Chapter 4 Emerging Technologies and Developments
Chapter 5 Market Segmentation Analysis
Chapter 6 Competitive Intelligence
Companies Profiled:
For more information about this report visit https://www.researchandmarkets.com/r/xkaedz
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