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)
$9,648.0
CAGR, 2024 - 2030
6.8%
Report Coverage
Worldwide
Global mobile satellite services market, 2018-2030 (US$M)
Related Markets
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 2023 | USD 6,074.7 million |
| Market revenue in 2030 | USD 9,648.0 million |
| Growth rate | 6.8% (CAGR from 2023 to 2030) |
| Largest segment | Data |
| Fastest growing segment | Data |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Voice, 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 Scope
Mobile satellite services market segmentation & scope
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
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Our clientele includes a mix of mobile satellite services market companies, investment firms, advisory firms & academic institutions.
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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 statistics, by region, 2018-2030 (US$M)
Top 10 countries: Mobile satellite services market size, 2023 (USD million)
Top 10 countries: Mobile satellite services market size, 2023 (USD million)
Global mobile satellite services market, by region, 2023 (US$M)
Related regional statistics
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