Asia Pacific Satellite Internet Market Size & Outlook
Asia Pacific satellite internet market, 2017-2030 (US$M)
Related Markets
Asia Pacific satellite internet market highlights
- The Asia Pacific satellite internet market generated a revenue of USD 2,264.6 million in 2023.
- The market is expected to grow at a CAGR of 14.9% from 2024 to 2030.
- In terms of segment, k-band was the largest revenue generating frequency band in 2023.
- K-band is the most lucrative frequency band segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 2,264.6 million |
| Market revenue in 2030 | USD 5,981.4 million |
| Growth rate | 14.9% (CAGR from 2023 to 2030) |
| Largest segment | K-band |
| Fastest growing segment | K-band |
| Historical data covered | 2017 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | L-band, C-band, K-band, X-band |
| Key market players worldwide | Singapore Telecommunications Ltd, EchoStar Corp Class A, Thuraya Telecommunications, Eutelsat Communications, Viasat Inc |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 24.6% of the global satellite internet market in 2023.
- 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 5,981.4 million by 2030.
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Satellite Internet Market Scope
Satellite Internet Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Asia Pacific satellite internet 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 internet market will help companies and investors design strategic landscapes.
K-band was the largest segment with a revenue share of 43.35% in 2023. Horizon Databook has segmented the Asia Pacific satellite internet market based on l-band, c-band, k-band, x-band covering the revenue growth of each sub-segment from 2017 to 2030.
The vast and diverse geography in Asia Pacific is driving the need for satellite internet services. Rural areas in countries, such as India and Indonesia, are witnessing increased adoption of satellite internet owing to the challenges associated with deploying the conventional infrastructure.
Advances in technology and strategic collaborations between satellite providers and local governments also remain key to the growth of the regional market. As digital transformation continues to gain traction across Asia Pacific, satellite internet is emerging as a reliable solution to achieve widespread connectivity.
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Target buyers of Asia Pacific satellite internet market databook
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Our clientele includes a mix of satellite internet 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 Asia Pacific satellite internet market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific satellite internet market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Asia Pacific satellite internet market size, by country, 2017-2030 (US$M)
Asia Pacific Satellite Internet Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
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