Counterspace Security Global Market Report 2024

The counterspace security market has grown rapidly in recent years. It will grow from $6.55 billion in 2023 to $7.31 billion in 2024 at a compound annual growth rate (CAGR) of 11.6%. The expansion observed during the historical period can be attributed to several factors, including geopolitical tensions, the proliferation of satellites, advancements in military space programs, the strategic significance of space, and vulnerabilities associated with satellites.

The counterspace security market is expected to see rapid growth in the next few years. It will grow to $10.96 billion in 2028 at a compound annual growth rate (CAGR) of 10.7%. Anticipated growth in the forecast period is linked to factors such as concerns about space weaponization, the ongoing expansion of satellite capabilities, evolving space norms and regulations, emerging threats, and the flourishing landscape of commercial space ventures. Key trends expected during this forecast period encompass the deployment of space-based surveillance systems, the implementation of enhanced encryption and secure communication protocols, the development of rapid response capabilities, a heightened focus on regulatory frameworks, and a rise in public-private partnerships.

The anticipated growth in counterspace security is strongly linked to the increasing demand for satellite-based services. These services encompass a wide range of applications, relying on satellites for communication, data transmission, navigation, remote sensing, and more. Positioned in orbit around the Earth, satellites play a crucial role in providing coverage and connectivity to diverse applications and users. The heightened reliance on satellites for critical infrastructure and services makes them appealing targets for malicious actors, emphasizing the need for robust security measures. For example, a notable increase in the use of GPS position monitoring devices in the United Kingdom, as reported by the Ministry of Justice in October 2022, underscores the growing significance of satellite-based services. The active tracking of individuals using GPS devices surged by 143%, from 2,161 in September 2021 to 5,243 in September 2022, highlighting the urgency for enhanced counterspace security measures.

The proliferation of satellites contributes significantly to the growth of counterspace security. Satellites, intentionally placed into orbit around celestial bodies, serve various purposes and are essential components of modern technological infrastructure. Counterspace security involves the implementation of measures and technologies to safeguard satellites and space assets from potential threats and adversarial actions. As indicated by the Union of Concerned Scientists in July 2023, the United States experienced a substantial increase in operational satellites, reaching 6,718 in Earth's orbit as of 2022. This marked growth, with almost 2,000 satellites added within a single year, underscores the escalating importance of counterspace security to protect the expanding satellite ecosystem.

A prominent trend shaping the counterspace security market is the focus on next-generation product development by companies striving to maintain their competitive edge. Notably, in April 2023, CYSEC, a Switzerland-based data security firm, unveiled ARCA SATCOM, a revolutionary Performance-Enhancing Proxy (PEP) designed for securing internet communications over satellites. This innovative product integrates encryption and authentication, delivering substantial improvements in both performance and security compared to standard VPNs. ARCA SATCOM achieves a notable two-fold increase in link throughput, reduces round-trips and acknowledgment messages, supports multi-orbit deployment, and employs FIPS-certified hardware for key management. Its end-to-end encryption based on TLS 1.3 and AES-GCM enhances data and metadata protection, guards against eavesdropping attacks, and seamlessly integrates with existing terminals and gateways. This next-generation product surpasses the capabilities of state-of-the-art virtual private networks (VPNs), exemplifying the commitment of companies in the counterspace security market to technological innovation.

Major players in the counterspace security market are also investing in the development of cutting-edge electronic warfare (EW) systems. Electronic warfare systems, encompassing military technologies and strategies, manipulate or exploit the electromagnetic spectrum for various purposes. A notable example is Lockheed Martin, a US-based aerospace company, which collaborated with the U.S. Navy in December 2023 to successfully test the capabilities of the 'Advanced Off-Board Electronic Warfare System' (AOEW). This sophisticated EW system is highly programmable, enabling it to adapt and implement new techniques in response to changes in the threat landscape, showcasing the commitment to innovation within the counterspace security industry.

In November 2023, Arcfield, a US-based manufacturer of space and defense systems, acquired Orion Space Systems, a specialized company in small satellite systems for space exploration and research. This strategic acquisition aims to enhance Arcfield's internal design and integration expertise, particularly in tracking, space exploration, and hypersonic detection, reinforcing the company's position in the counterspace security market.

Major companies operating in the counterspace security market report are BAE Systems plc, Lockheed Martin Corporation, Raytheon Company, Collins Aerospace, L3Harris Technologies, Rafael Advanced Defense Systems Ltd., Leonardo S.p.A., Northrop Grumman Corporation, General Dynamics Mission Systems Inc., Elbit Systems Ltd., Thales Group, Israel Aerospace Industries Ltd., Saic Inc., The Boeing Company, Leidos, Airbus SE, Kratos Defense & Security Solutions Inc., SAAB AB, Mitsubishi Electric Corporation, Ball Aerospace, Rocket Lab Ltd., Sierra Nevada Corporation, Cobham plc, Honeywell Aerospace, Space Exploration Technologies Corp., Analytical Graphics Inc., ExoAnalytic Solutions Inc., Inmarsat plc, Orbital ATK, Kongsberg Gruppen ASA.

North America was the largest region in the counterspace security market in 2023. The regions covered in the counterspace security market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the counterspace security market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Key components within the counterspace security sector encompass various product categories. These include co-orbital systems, non-kinetic physical systems, space-based electronic warfare systems, space situational awareness tools, and cybersecurity measures. Co-orbital systems, for instance, pertain to satellites or spacecraft strategically positioned within the same orbit as another satellite or spacecraft. These systems are deployed across different orbits, such as low earth orbit (LEO), medium earth orbit (MEO), geosynchronous equatorial orbit (GEO), and ground-based setups, serving applications in both commercial and military contexts.

The counterspace security market research report provides counterspace security market statistics, including counterspace security industry global market size, regional shares, competitors with a counterspace security market share, detailed counterspace security market segments, market trends and opportunities, and any further data you may need to thrive in the counterspace security industry. This counterspace security market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The counterspace security market consists of revenues earned by entities by providing services such as space situational awareness, cybersecurity solutions, jamming and spoofing detection, secure satellite communication, space debris tracking, surveillance satellites, and anti-satellite (ASAT) systems. The market value includes the value of related goods sold by the service provider or included within the service offering. The counterspace security market also includes sales of counterspace weapons such as lasers, high-powered microwaves (HPM), and electromagnetic pulse which are used in providing counterspace security services. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


This product will be delivered within 3-5 business days.