Global Satellite Communication Service and Equipment Market Growth (Status and Outlook) 2025-2031

According to this study, the global Satellite Communication Service and Equipment market size will reach US$ 332 million by 2031.

Satellite communication, in telecommunications, the use of artificial satellites to provide communicationlinks between various points on Earth.

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.

LPI (LP Information)' newest research report, the “Satellite Communication Service and Equipment Industry Forecast” looks at past sales and reviews total world Satellite Communication Service and Equipment sales in 2024, providing a comprehensive analysis by region and market sector of projected Satellite Communication Service and Equipment sales for 2025 through 2031. With Satellite Communication Service and Equipment sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Satellite Communication Service and Equipment industry.

This Insight Report provides a comprehensive analysis of the global Satellite Communication Service and Equipment landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Satellite Communication Service and Equipment portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Satellite Communication Service and Equipment market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Satellite Communication Service and Equipment and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Satellite Communication Service and Equipment.

This report presents a comprehensive overview, market shares, and growth opportunities of Satellite Communication Service and Equipment market by product type, application, key players and key regions and countries.

Segmentation by Type:
Satellite Communication Service
Satellite Communication Equipment

Segmentation by Application:
Government and Military Applications
Civil Satellite Communications
Commercial Application
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
General Dynamics Mission Systems
Hughes
ViaSat
L3 Technologies
CASIC
Harris
Cobham plc
Comtech Telecommunications Corp
Gilat Satellite Networks
Bharti Airtel
Global Invacom
VT iDirect
Space Star
Honeywell
DirecTV
Dish
Sky
SES
Intelsat
Eutelsat
skyperfect
Telesat
China Satcom
Arabsat
Thaicom
AsiaSat
APSTAR
Synertone

Please note: The report will take approximately 2 business days to prepare and deliver. Show more