The Global Satellite Internet Market is Predict to reach $10.5 Billion by 2028, at a CAGR of 21.9%

Satellite Internet Market Growth, Trends and Report Highlights

According to a new report, published by KBV research, The Global Satellite Internet Market size is expected to reach $10.5 billion by 2028, rising at a market growth of 21.9% CAGR during the forecast period.

The X-band segment is showcasing a CAGR of 22.3% during (2022 - 2028). The X-band has been specifically designated for use by government, military, and navigational purposes. Due to its capacity to investigate and follow a specific target, X-band is becoming more and more popular in marine rescue operations. Additionally, it provides communication antenna systems that aid search and rescue operations by offering internet connectivity and email access for operational and personnel use, expanding the market for this niche.

The Government & Public Sector segment acquired maximum revenue share in the Global Satellite Internet Market by Industry in 2021 thereby, achieving a market value of $2.4 billion by 2028. Governments worldwide are investing in satellite broadband technology to offer broadband services in every area of their countries and only use cutting-edge technology to connect rural areas to the broadband network. For instance, Hughes Communications India announced the commercial launch of the HTS internet service in September 2022.

The North America market dominated the Global Satellite Internet Market by Region in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $4 billion by 2028. The Europe market is exhibiting a CAGR of 21.7% during (2022 - 2028). Additionally, The Asia Pacific market would display a CAGR of 22.4% during (2022 - 2028).

Full Report: https://www.kbvresearch.com/satellite-internet-market/

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Singapore Telecommunications Limited (Temasek Holdings (Private) Limited), Hughes Network Systems, LLC (EchoStar Corporation), Viasat, Inc., OneWeb (Network Access Associates Ltd.), Bentley Walker Ltd. (Freedomsat), Thuraya Telecommunications Company PJSC (Al Yah Satellite Communications Company PJSC) (Mamoura Diversified Global Holding PJSC), Eutelsat S.A., Space Exploration Technologies Corp., AXESS Network Solutions S.L., and DSL Telecom.

Global Satellite Internet Market Segmentation

By Frequency Band

• K-band
• X-band
• C-band
• L-band

By Industry

• Government & Public Sector
• Military
• Media & Broadcasting
• Maritime
• Energy & Utility
• Transport & Cargo
• Corporates/Enterprises
• Others

By Geography

• North America
  • US
  • Canada
  • Mexico
  • Rest of North America
• Europe
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific
• LAMEA
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Companies Profiled

• Singapore Telecommunications Limited (Temasek Holdings (Private) Limited)
• Hughes Network Systems, LLC (EchoStar Corporation)
• Viasat, Inc.
• OneWeb (Network Access Associates Ltd.)
• Bentley Walker Ltd. (Freedomsat)
• Thuraya Telecommunications Company PJSC (Al Yah Satellite Communications Company PJSC) (Mamoura Diversified Global Holding PJSC)
• Eutelsat S.A.
• Space Exploration Technologies Corp.
• AXESS Network Solutions S.L.
• DSL Telecom

Related Reports:

North America Satellite Internet Market Size, Share, 2028

• November-2022
• 68 Pages

LAMEA Satellite Internet Market Size, Forecast by 2022-2028

• November-2022
• 77 Pages

Europe Satellite Internet Market Size, Forecast by 2022-2028

• November-2022
• 78 Pages

Asia Pacific Satellite Internet Market Size, Trends by 2028

• November-2022
• 78 Pages