Starlink Company Profile - 2024

This Starlink Company Profile - 2024 Report provides analyses of revenue and market forecasts as well as statistics of Starlink including market sizing, 7-year forecasts, market insights, key satellite trends, LEO/MEO/GEO satellite developments and also features the following: Overall Starlink Subscribers by Country Satellite Internet Providers Profile (Starlink, Kuiper, OneWeb, AST SpaceMobile, Lynk Global, GW China among others) Satellite Internet Competitive Landscape Countries covered: Global Starlink Subscribers by country & Forecasts 5G NTN: The Next Generation of Satellite Connectivity Regulatory Considerations Evaluating the Impact of Satellite Broadband Connectivity in the Asia Pacific Future Prospects of Satellite Broadband and 5G NTN.

Why You Should Buy The Starlink Company Profile - 2024:

• Benefit from the latest market opportunities
• Understand the threats to your operations and investments and protect your company against future risks
• Gain insights on emerging trends supporting, enhancing or disrupting your activities in the market
• Get a full view of the competitive landscape to assess your market position.
• Forecasts as a key input for successful budgeting and strategic business planning in the telecoms market
• Target business opportunities and risks in the telecoms sector through our reviews of latest industry trends, regulatory changes and major deals, projects and investments
• Assess the activities, strategy and market position of your competitors, partners and clients via our Starlink Company Profile

Starlink Company Profile

Starlink, a subsidiary of SpaceX, aims to provide global high-speed satellite internet connectivity through a massive constellation of low Earth orbit (LEO) satellites. The report provides an in-depth look at Starlink’s technology, expansion plans, partnerships, estimated finances and future outlook.

Key highlights:

• Starlink has launched over 6,5000 satellites so far, out of a planned 12,000 satellite constellation. It launched satellites at a rate of 165 per month in 2023.
• The Starlink Company Profile 2024 includes forecasts to 2030, Revenue, Capex and enterprise value (EV) valuation.
• The analyzer estimates Starlink has over 2.2 million subscribers globally as of end 2023. Starlink subscribers breakdown by country is also included. Starlink is available to around 2.1 billion people currently.
• Latest Starlink comprehensive data and valuation update support our base case EV valuation to over USD110 billion
• Competitors like OneWeb and Amazon’s Project Kuiper lag significantly behind Starlink in deployment, though new LEO constellations from China and India could emerge as challengers.
• The integration of satellites with 5G networks, known as 5G NTN, promises enhanced connectivity. Starlink plans to offer DTC direct-to-cell or Direct-to-device messaging services in 2024.
• While satellite broadband improves socioeconomic development, environmental concerns like space debris need to be addressed through sustainable operating practices.
• Publisher reports that by June 2024, Starlink had over 3.2 million subscribers globally, with the largest markets being in North America and  the Asia Pacific region. Estimation says, Starlink 2023 revenues surpassed USD2 billion.

In just 3 years, Starlink has become the leading entity in the global broadband satellite market and created an economic and technological flywheel.

Starlink Developments:

• July 2024
  • Starlink present in 82 countries covering a population 2.2 billion people
  • New countries launched: Fiji, Madagascar
  • New country launch announced: Indonesia, Sri Lanka (2024)
  • 89 new satellites launched of which 28 DTC (Direct to Cell), 6,664 Starlink satellites launched in total
• Q2 2024    
  • Starlink present in 80 countries covering a population 2.2 billion people
  • New countries launched: American Samoa, Argentina, Barbados, Finland, French Guiana, Micronesia, Mongolia, Reunion
  • New country launch announced: Indonesia, Sri Lanka (2024)
  • 598 new satellites launched of which 39 DTC (Direct to Cell), 6,664 Starlink satellites launched in total
• Q1 2024    
  • Starlink present in 72 countries covering a population 2.15 billion people
  • New countries launched: Benin, Eswatini, Georgia, Guam, Northern Mariana Islands, Paraguay
  • 450 new satellites launched of which 6 DTC (Direct to Cell)
• 2023    
  • Starlink present in 65 countries covering a population 2.1 billion people
  • New countries launched: Bahamas, Honduras, Costa Rica, Malaysia,
  • 1,828 new satellites launched

Crucially, the Starlink project intersects with geopolitics; its comprehensive satellite coverage raises concerns about digital sovereignty, especially given Musk’s decisive control over its use, as evidenced by his refusal to allow its use in certain military applications. Facing a blend of regulatory challenges and potential strategic partnerships worldwide, Starlink’s dominance in space infrastructure positions it as both a soft power tool for the U.S. and a potential source of space traffic concerns. While primarily commercial, Starlink’s deep intertwining with global geopolitics is increasingly evident as it redefines connectivity norms.

Satellite broadband’s potential in Africa and the Asia Pacific region is immense. By diving deep into its market dynamics, socioeconomic impacts, environmental considerations, technological evolution, and the importance of policies and collaboration, this report offers a comprehensive overview of the opportunities and challenges the region faces.

Overall, the report provides a comprehensive overview of Starlink’s technological capabilities, financials including revenue, EBITDA, Capex and other key KPIs, global expansion roadmap, estimated market position and future potential to bridge the digital divide in the next decade. It highlights the opportunities and challenges facing Starlink and the satellite broadband industry as a whole.