Middle East & Africa Satellite Internet Market Size & Outlook
Middle East & Africa satellite internet market, 2017-2030 (US$M)
Related Markets
MEA satellite internet market highlights
- The MEA satellite internet market generated a revenue of USD 835.6 million in 2023.
- The market is expected to grow at a CAGR of 11.8% 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.
MEA data book summary
| Market revenue in 2023 | USD 835.6 million |
| Market revenue in 2030 | USD 1,828.2 million |
| Growth rate | 11.8% (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, MEA region accounted for 9.1% 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 |
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Middle East & Africa 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 43.56% in 2023. Horizon Databook has segmented the Middle East & Africa 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 growth of the satellite internet market in the Middle East & Africa (MEA) region is primarily driven by the vast and challenging terrains present in the region, where conventional infrastructure deployment is often impractical. Satellite connectivity is emerging as a critical solution to rollout connectivity across such regions.
The initiatives being pursued by the governments in the region to promote digital inclusion by striking partnerships with satellite providers also bode well for the growth of the market. The increasing demand for reliable connectivity in agriculture, mining, and oil & gas, among other industries and industry verticals, is equally fueling the adoption of satellite internet across the MEA region.
Incumbents of the oil & gas industry in the region are particularly demanding reliable and secure connectivity to interconnect their remote facilities as they continue to expand their operations. At this juncture, satellite internet is emerging as an optimal solution to provide high-speed connectivity without relying on terrestrial infrastructure.
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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 continent-level data and insights on the Middle East & Africa satellite internet market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa satellite internet market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Middle East & Africa Satellite Internet Market Outlook Share, 2023 & 2030 (US$M)
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