Global Mobile Satellite Services Market Size & Outlook

The mobile satellite services industry worldwide is expected to reach a projected revenue of US$ 9,648.0 million by 2030. A compound annual growth rate of 6.8% is expected of the worldwide mobile satellite services industry from 2024 to 2030.
Revenue, 2023 (US$M)
$6,074.7
Forecast, 2030 (US$M)
$9,648.0
CAGR, 2024 - 2030
6.8%
Report Coverage
Worldwide

Global mobile satellite services market highlights

  • The global mobile satellite services market generated a revenue of USD 6,074.7 million in 2023 and is expected to reach USD 9,648.0 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 6.8% by 2030.
  • In terms of segment, data accounted for a revenue of USD 4,524.4 million in 2023.
  • Data is the most lucrative services segment registering the fastest growth during the forecast period.
  • In terms of region, North America was the largest revenue generating market in 2023.
  • Country-wise, South Africa is expected to register the highest CAGR from 2024 to 2030.

Global data book summary

Market revenue in 2023USD 6,074.7 million
Market revenue in 2030USD 9,648.0 million
Growth rate6.8% (CAGR from 2023 to 2030)
Largest segmentData
Fastest growing segmentData
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationVoice, Data

Other key industry trends

  • In terms of revenue, the North America accounted for 31.5% of the global mobile satellite services market in 2023.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
  • By country, South Africa is the fastest growing regional market and is projected to reach USD 130.7 million by 2030.

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Mobile Satellite Services Market Companies

Name Profile # Employees HQ Website

Global mobile satellite services 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 mobile satellite services market will help companies and investors design strategic landscapes.


Data was the largest segment with a revenue share of 74.48% in 2023. Horizon Databook has segmented the Global mobile satellite services market based on voice, data covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Mobile Satellite Services Services Outlook (Revenue, USD million, 2018-2030)
    • Voice
    • Data
  • Global Mobile Satellite Services Application Outlook (Revenue, USD million, 2018-2030)
    • Land Mobile
    • Aviation & Aeronautics
    • Maritime
    • M2M Services
  • Global Mobile Satellite Services End User Outlook (Revenue, USD million, 2018-2030)
    • Defense & Intelligence
    • Government
    • Industrial
    • Enterprises

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Target buyers of Global mobile satellite services market databook

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

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

Top 10 countries: Mobile satellite services market size, 2023 (US$M)

Global mobile satellite services market share, by services, 2023 & 2030 (%, US$M)

Mobile satellite services market: Opportunity assessment by country

Global mobile satellite services market, by region, 2023 (US$M)

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

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