Fixed Satellite Services Market Report 2025

The fixed satellite services market size has grown steadily in recent years. It will grow from $22.43 billion in 2024 to $23.51 billion in 2025 at a compound annual growth rate (CAGR) of 4.8%. The growth in the historic period can be attributed to growing demand for communication services, expansion of broadcasting services, geopolitical factors, increased demand for satellite backhaul, and emergence of direct-to-home (DTH) broadcasting.

The fixed satellite services market size is expected to see strong growth in the next few years. It will grow to $30.95 billion in 2029 at a compound annual growth rate (CAGR) of 7.1%. The growth in the forecast period can be attributed to increasing demand for high-throughput satellites (HTS), expansion of satellite broadband services, rising demand for mobility solutions, growth in remote sensing applications, development of small satellite constellations, government investments in satellite infrastructure. Major trends in the forecast period include adoption of software-defined satellite technology, rise of satellite-as-a-service models, integration of artificial intelligence in satellite systems, focus on sustainable satellite manufacturing, emergence of high-frequency satellite bands.

The increasing adoption of 5G is set to drive the growth of the fixed satellite services market. 5G, denoting the fifth generation of mobile networks, contributes to the demand for fixed satellite services by enhancing connectivity in both urban and rural areas. This expansion facilitates the need for backhaul solutions to connect 5G base stations with central networks and promotes the growth of satellite-based broadband services to address digital connectivity gaps. For instance, in May 2023, Telefonaktiebolaget LM Ericsson reported a substantial increase in 5G mobile subscriptions, reaching 0.951 billion in 2022 from 0.54 billion in 2021. The projected growth estimates suggest 4.624 billion 5G mobile subscriptions by 2028, further emphasizing the role of 5G in propelling the fixed satellite services market.

The rising penetration of smartphones is another factor expected to contribute to the growth of the fixed satellite services market. As smartphones become more widespread, they significantly impact integrated circuits and other electrical component businesses. Fixed satellite services play a crucial role in establishing high-capacity communication links between telecommunication hubs, data centers, and network operation centers, forming the backbone of telecommunications networks for mobile smartphones. According to Uswitch Limited, the UK experienced a 3.8% increase in mobile connections in 2022, reaching 71.8 million, with an anticipated 95% smartphone ownership among the projected population of 68.3 million by 2025. This surge in smartphone penetration is a driving force for the fixed satellite services market.

A prominent trend in the fixed satellite services market is the formation of strategic partnerships among major companies. These partnerships involve the development of new relationships wherein organizations collaborate to advance fixed satellite technological services. For example, in February 2022, Intelsat S.A. partnered with Sky Perfect JSAT Corporation to expand high-throughput satellite capacity over the Asia region. This strategic collaboration aims to increase revenue, broaden the product portfolio, enter new markets, and enhance competitive positioning. Additionally, in October 2021, the Arab Satellite Communications Organization partnered with Hoshan Group to offer a broader range of services, including high-speed broadband, television broadcasting, and government and defense communications.

Major companies in the fixed satellite services market are concentrating on launching next-generation solutions, such as communications satellites, to enhance their profitability. Communications satellites are artificial satellites that transmit and amplify radio telecommunication signals through a transponder, establishing a communication link between a source transmitter and a receiver located in different areas on Earth. For example, in July 2023, SpaceX, a US-based aerospace company, launched Jupiter 3. Also known as EchoStar 24, Jupiter 3 is a commercial communications satellite weighing approximately 9,000 kilograms. It is designed to deliver internet services and features an advanced Ultra High-Density Satellite (UHDS) payload.

In May 2023, Advent International and British Columbia Investment Management Corporation acquired Maxar Technologies Inc. for $6.4 billion. This acquisition aims to expand their reach and capabilities in the space industry by gaining access to Maxar's technology and expertise. Maxar Technologies Inc. specializes in providing fixed satellite services.

Major companies operating in the fixed satellite services market include General Dynamics Corporation, Embratel, Cobham Limited, EchoStar Satellite Services LLC, Hughes Network Systems LLC, Singapore Telecommunications Limited, Intelsat S.A, SES SA, Inmarsat Global Limited, Eutelsat Communications S.A, Telesat Holdings Inc., Iridium Communications Inc., Telespazio S.p.A., Arqiva Ltd., Globecast, Hispasat SA, Globalstar Inc., Encompass Digital Media Inc., Arab Satellite Communications Organization, Thaicom Public Company Limited, Nigerian Communications Satellite Limited, ABS Global Ltd., Liquid Intelligent Technologies, Avanti Communications Group plc, Gazprom Space Systems, Russian Satellite Communications Company, MEASAT Global Bhd, Telstra Group Limited, Singapore Telecommunications Ltd. (Singtel), DU Emirates Integrated Telecommunications Corp.

North America was the largest region in the fixed satellite services market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the fixed satellite services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the fixed satellite services market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.

Fixed satellite services are satellite communication services that provide a stable and reliable connection between fixed points on the Earth's surface, establishing communication links between selected locations such as homes, businesses, offices, and other fixed infrastructure.

The main types of fixed satellite services include channel broadcast, wholesale, audiovisual contribution and distribution, broadband and enterprise networks, backhaul services, managed services, and others. Channel broadcast involves the concurrent dissemination of audio, video, or content to a large audience via radio, television, the Internet, or other media platforms. These services find applications in small offices and home offices, small and medium businesses, large enterprises, government, education, aerospace and defense, retail, oil and gas, telecom and information technology, media and entertainment, and other sectors.

The fixed satellite services market research report is one of a series of new reports that provides fixed satellite services market statistics, including fixed satellite services industry global market size, regional shares, competitors with a fixed satellite services market share, detailed fixed satellite services market segments, market trends and opportunities, and any further data you may need to thrive in the fixed satellite services industry. This fixed satellite services market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The fixed satellite services market includes revenues earned by entities by providing internet services, video conferencing, emergency communications, aeronautical communications, and satellite news gathering services. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

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.

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