Brazil Satellite Internet Market Size & Outlook, 2023-2030
Brazil satellite internet market, 2017-2030 (US$M)
Related Markets
Brazil satellite internet market highlights
- The Brazil satellite internet market generated a revenue of USD 394.2 million in 2023 and is expected to reach USD 932.7 million by 2030.
- The Brazil market is expected to grow at a CAGR of 13.1% 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.
Satellite internet market data book summary
| Market revenue in 2023 | USD 394.2 million |
| Market revenue in 2030 | USD 932.7 million |
| Growth rate | 13.1% (CAGR from 2023 to 2030) |
| Largest segment | K-band |
| Fastest growing segment | K-band |
| Historical data | 2017 - 2022 |
| Base year | 2023 |
| Forecast period | 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, Brazil accounted for 4.3% of the global satellite internet market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil satellite internet market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 932.7 million by 2030.
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Satellite Internet Market Scope
Satellite Internet Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Brazil 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 44.29% in 2023. Horizon Databook has segmented the Brazil 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 untapped opportunities in the delivery of mobile satellite services are driving the demand for telecommunications and internet services across Brazil. Satellite internet service providers are stepping in to monetize these growth opportunities by striking partnerships with telecommunication companies to expand their coverage and capacity to roll out dependable and robust connectivity in remote, underserved areas.
For instance, in February 2023, AST Space Mobile, Inc., a satellite designer and manufacturer based in the U.S., announced a collaboration with TIM, a telecommunications company headquartered in Brazil, to explore new opportunities in the field of mobile satellite telecommunications in Brazil.
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Our clientele includes a mix of satellite internet 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 country-level data and insights on the Brazil satellite internet market , including forecasts for subscribers. This country databook contains high-level insights into Brazil satellite internet market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil satellite internet market size, by frequency band, 2017-2030 (US$M)
Brazil Satellite Internet Market Outlook Share, 2023 & 2030 (US$M)
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