Satellite Communication Market Analysis and Scope (2021-2031)
Satellite Communication Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2024 | US$ 35.12 Billion |
Market Size by 2031 | US$ 69.31 Billion |
Global CAGR (2025 - 2031) | 10.2% |
Historical Data | 2021-2023 |
Forecast period | 2025-2031 |
Segments Covered |
By Component
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Satellite Communication Market News and Recent Developments
The Satellite Communication Marketis evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market:
- In April 2024, The Airbus-built EUTELSAT 36D telecommunications satellite was successfully launched on 30 March from the Kennedy Space Center in Florida. EUTELSAT, one of the world’s leading satellite operators, selected Airbus in March 2021 to build EUTELSAT 36D, a new generation multi-mission geostationary telecommunications satellite. (Source: Airbus, Press Release, 2024)
- In September 2023, India’s latest communication satellite, GSAT-30, was successfully launched from the Spaceport in French Guiana. GSAT-30 has a unique configuration of providing flexible frequency segments and flexible coverage. The satellite will provide communication services to the Indian mainland and islands through Ku-band and wide coverage covering Gulf countries, a large number of Asian countries and Australia through C-band. (Source: ISRO, Press Release, 2023)
Satellite Communication Market Report Coverage and Deliverables
The “Satellite Communication Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:
- Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Market dynamics such as drivers, restraints, and key opportunities
- Key future trends
- Detailed PEST/Porter’s Five Forces and SWOT analysis
- Global and regional market analysis covering key market trends, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments
- Detailed company profiles