Global Leo Satellite Market Size & Outlook, 2024-2030

The leo satellite industry worldwide is expected to reach a projected revenue of US$ 27,877.5 million by 2030. A compound annual growth rate of 13.4% is expected of the worldwide leo satellite industry from 2025 to 2030.
Revenue, 2024 (US$M)
$12,461.8
Forecast, 2030 (US$M)
$27,877.5
CAGR, 2025 - 2030
13.4%
Report Coverage
Worldwide

Global leo satellite market, 2018-2030 (US$M)

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Global leo satellite market highlights

  • The global leo satellite market generated a revenue of USD 12,461.8 million in 2024 and is expected to reach USD 27,877.5 million by 2030.
  • The market is expected to grow at a CAGR (2025 - 2030) of 13.4% by 2030.
  • In terms of segment, large satellite accounted for a revenue of USD 5,718.3 million in 2024.
  • Cube Sats is the most lucrative satellite mass segment registering the fastest growth during the forecast period.
  • In terms of region, North America was the largest revenue generating market in 2024.
  • Country-wise, India is expected to register the highest CAGR from 2025 to 2030.

Global data book summary

Market revenue in 2024USD 12,461.8 million
Market revenue in 2030USD 27,877.5 million
Growth rate13.4% (CAGR from 2025 to 2030)
Largest segmentLarge satellite
Fastest growing segmentCube Sats
Historical data covered2018 - 2023
Base year for estimation2024
Forecast period covered2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationSmall Satellite, Cube Sats, Medium Satellite, Large Satellite

Other key industry trends

  • In terms of revenue, the North America accounted for 55.1% of the global leo satellite market in 2024.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
  • By country, India is the fastest growing regional market and is projected to reach USD 1,542.7 million by 2030.

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LEO Satellite Market Companies

Name Profile # Employees HQ Website

Global leo satellite market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to leo satellite market will help companies and investors design strategic landscapes.


Large satellite was the largest segment with a revenue share of 45.89% in 2024. Horizon Databook has segmented the Global leo satellite market based on small satellite, cube sats, medium satellite, large satellite covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global LEO Satellite Satellite Mass Outlook (Revenue, USD Million, 2018-2030)
    • Cube Sats
    • Small Satellite
    • Medium Satellite
    • Large Satellite
  • Global LEO Satellite Frequency Band Outlook (Revenue, USD Million, 2018-2030)
    • L-band
    • Laser/Optical
    • S-band
    • Q/V-band
    • HF/VHF/UHF-band
    • C-band
    • X-band
    • Ku-band
    • Ka-band
  • Global LEO Satellite Propulsion Type Outlook (Revenue, USD Million, 2018-2030)
    • Electric
    • Gas based
    • Liquid Fuel
  • Global LEO Satellite Application Outlook (Revenue, USD Million, 2018-2030)
    • Earth Observation & Remote Sensing
    • Scientific Research
    • Technology
    • Communication
    • Others
  • Global LEO Satellite End Use Outlook (Revenue, USD Million, 2018-2030)
    • Commercial
    • Government & Defense
    • Others

Reasons to subscribe to Global leo satellite market databook:

  • Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
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  • Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.

Target buyers of Global leo satellite market databook

  • Our clientele includes a mix of leo satellite market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of global-level data and insights on the Global leo satellite market , including forecasts for subscribers. This global databook contains high-level insights into Global leo satellite market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global leo satellite market size, by regions, 2018-2030 (US$M)

Top 10 countries: Leo satellite market size, 2024 (US$M)

Global leo satellite market share, by frequency band, 2024 & 2030 (%, US$M)

Leo satellite market: Opportunity assessment by country

Global leo satellite market, by region, 2024 (US$M)

Global leo satellite market size, by regions, 2018-2030 (US$M)

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