Italy Satellite Internet Market Size & Outlook, 2023-2030
Italy satellite internet market, 2017-2030 (US$M)
Related Markets
Italy satellite internet market highlights
- The Italy satellite internet market generated a revenue of USD 302.5 million in 2023 and is expected to reach USD 719.1 million by 2030.
- The Italy market is expected to grow at a CAGR of 13.2% 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 302.5 million |
| Market revenue in 2030 | USD 719.1 million |
| Growth rate | 13.2% (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, Italy accounted for 3.3% 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 Europe, Germany satellite internet market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 1,523.5 million by 2030.
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Satellite Internet Market Scope
Satellite Internet Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Italy 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 42.55% in 2023. Horizon Databook has segmented the Italy 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.
Italy's satellite internet market is experiencing notable growth, driven by a combination of increasing connectivity needs and the subsequent advances in technology to cater to these needs. The strong emphasis on rolling out high-speed and reliable internet services, especially in underserved regions, has fueled the adoption of satellite technology.
As Italy strives for comprehensive broadband coverage, satellite internet is poised to play a crucial role in meeting the connectivity demands of both urban and rural areas. Key market players are aggressively launching new services to cater to the growing demand for highspeed internet connectivity across Italy.
For instance, in October 2021, Telecom Italia (TIM) announced the launch of the new TIM Super SAT internet services for customers residing in remote areas yet to be covered by fixed broadband and ultra-broadband networks.
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Our clientele includes a mix of satellite internet market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Italy satellite internet market , including forecasts for subscribers. This country databook contains high-level insights into Italy satellite internet market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Italy satellite internet market size, by frequency band, 2017-2030 (US$M)
Italy Satellite Internet Market Outlook Share, 2023 & 2030 (US$M)
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