Europe Satellite Communication Market Size & Outlook
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Europe satellite communication market highlights
- The Europe satellite communication market generated a revenue of USD 24,084.2 million in 2024.
- The market is expected to grow at a CAGR of 10.5% from 2025 to 2030.
- In terms of segment, services was the largest revenue generating component in 2024.
- Equipment is the most lucrative component segment registering the fastest growth during the forecast period.
- Country-wise, UK is expected to register the highest CAGR from 2025 to 2030.
Europe data book summary
| Market revenue in 2024 | USD 24,084.2 million |
| Market revenue in 2030 | USD 43,339.6 million |
| Growth rate | 10.5% (CAGR from 2025 to 2030) |
| Largest segment | Services |
| Fastest growing segment | Equipment |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Services, Equipment |
Other key industry trends
- In terms of revenue, Europe region accounted for 26.7% of the global satellite communication market in 2024.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 39,665.9 million by 2030.
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Satellite Communication Market Scope
Satellite Communication Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Cobham | View profile | 5001-10000 | Wimborne, Dorset, United Kingdom, Europe | https://www.cobham.com/ |
| Intelsat | View profile | 1001-5000 | Mclean, Virginia, United States, North America | http://www.intelsat.com |
| Gilat Satellite Networks Ltd | View profile | 1183 | 21 Yegia Kapayim Street, Gilat House, Kiryat Arye, Petah Tikva, Israel, 4913020 | https://www.gilat.com |
| Thuraya Telecommunications | View profile | 251-500 | Dubai, Dubai, United Arab Emirates, Asia | http://www.thuraya.com/ |
| SKY Perfect JSAT Holdings Inc ADR | View profile | 1632 | 1-8-1 Akasaka, Akasaka Intercity AIR, Minato-ku, Tokyo, Japan, 107-0052 | https://www.skyperfectjsat.space |
| Telesat Corp Class A | View profile | 490 | 160 Elgin Street, Ottawa, ON, Canada, K2P 2P7 | https://www.telesat.com |
| SES SA DR | View profile | 2294 | Chateau de Betzdorf, Betzdorf, Luxembourg, Luxembourg, L-6815 | https://www.ses.com |
| EchoStar Corp Class A | View profile | 15300 | 9601 South Meridian Boulevard, Englewood, CO, United States, 80112 | https://www.echostar.com |
| Viasat Inc | View profile | 6800 | 6155 El Camino Real, Carlsbad, CA, United States, 92009 | https://www.viasat.com |
| L3Harris Technologies Inc | View profile | 50000 | 1025 West NASA Boulevard, Melbourne, FL, United States, 32919 | https://www.l3harris.com |
Europe satellite communication 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 satellite communication market will help companies and investors design strategic landscapes.
Services was the largest segment with a revenue share of 64.11% in 2024. Horizon Databook has segmented the Europe satellite communication market based on services, equipment covering the revenue growth of each sub-segment from 2018 to 2030.
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Our clientele includes a mix of satellite communication market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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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 continent-level data and insights on the Europe satellite communication market , including forecasts for subscribers. This continent databook contains high-level insights into Europe satellite communication market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe satellite communication market size, by country, 2018-2030 (US$M)
Europe Satellite Communication Market Outlook Share, 2024 & 2030 (US$M)
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