The satcom on the move market size has grown rapidly in recent years. It will grow from $26.98 billion in 2023 to $32.26 billion in 2024 at a compound annual growth rate (CAGR) of 19.6%. The expansion observed during the historical period can be attributed to the growth of emerging markets, increased investments in satellite communication infrastructure, the widespread adoption of connected vehicles, and growing investments in the space sector.
The satcom on the move market size is expected to see exponential growth in the next few years. It will grow to $67.49 billion in 2028 at a compound annual growth rate (CAGR) of 20.3%. The anticipated growth in the forecast period can be attributed to increasing investments in low Earth orbit satellites, strong government support, a growing demand for telecommunications, and an increasing number of satellite launches. Key trends expected during the forecast period include strategic partnerships and collaborations among market players, product innovations with a focus on government and military applications, the utilization of artificial intelligence in radio frequencies (RF), emphasis on very high throughput satellites (VHTS), and technological advancements in satellite communications.
The growth of the SATCOM on the move market is propelled by the increasing demand for customized solutions for Unmanned Ground Vehicles (UGV). Unmanned Ground Vehicles, which operate on the ground without human operators, benefit from SATCOM-On-the-Move (SOTM) technology to enhance mission performance, combat effectiveness, and worker safety. This is particularly evident in applications such as minefield detection and traversal of barriers. General Dynamics, a prominent aerospace and defense corporation, reported a rise in its US revenue for the technology segment, encompassing a mission system product line that includes SOTM antennas for ground vehicles. The revenue increased from $11.72 billion in 2020 to $11.81 billion in 2021, underscoring the growing demand for customized SOTM solutions for UGVs and driving the SATCOM on the move market.
The SATCOM on the move market is set to experience growth due to the increasing adoption of Low Earth Orbit (LEO) satellites across various sectors. LEO satellites are considered transformative in revolutionizing internet and digital communication. The US Space Force’s Commercial Satellite Communications Office (CSCO) plans to award approximately $2.3 billion in commercial SATCOM contracts over the next two years, with a significant portion dedicated to LEO satellite broadband services. This investment in LEO satellites is expected to propel the overall growth of the satellite communication market.
A key trend in the SATCOM on the move market is the focus on product innovations by major companies. To cater to government and military applications, companies in this market are introducing innovative products. For example, ComClark Network and Technology Corporation, a Philippines-based ICT and broadcast services provider, launched SATCOM on the Move (SOTM) in March 2023. This SOTM solution, designed as a system integrator and value-added service provider, ensures always-on connectivity for mobile users, including emergency responders, government agencies, and businesses. The solution utilizes satellite communications to provide high-speed, low-latency internet access.
Companies in the SATCOM on the move market are also integrating artificial intelligence (AI) into radio frequencies (RF) to strengthen their market position. AI is being harnessed to advance RF technology, bringing a traditional technology into the modern era. CENOS LLC, a Latvia-based CAE software company, launched RF 2.0 in June 2022, targeting radio frequency and antenna design projects. This new tool expands coverage across a broader RF design spectrum and enhances workflow management and the user experience, showcasing the integration of AI in RF.
In March 2022, SES S.A., a Luxembourg-based satellite and telecommunications network company, acquired the SATCOM business of Leonardo DRS for $450 million. This acquisition enhances SES's core capabilities and emphasizes incremental technological development and the creation of market-changing technology. Leonardo DRS, a US-based company specializing in communication satellites, adds value to SES's position in the SATCOM on the move market.
Major companies operating in the satcom on the move market report are Honeywell International Inc., L3Harris Technologies, EchoStar Corporation, Thales Group, Viasat, Inc.,Aselsan A.S., BAE Systems PLC, Ball Corporation, Inmarsat Global Limited, General Dynamics Corp, Singapore Technologies Engineering Ltd., Bharat Electronics Limited (BEL), Antrix Corporation Limited, NEC Corporation, Space Star Technology Co Ltd., Eutelsat Communications SA, Avanti Communications, Cobham Limited, Airbus Defence and Space, Telespazio, Surrey Satellite Technology Ltd., Rohde and Schwarz, Russian Satellite Communications Company, SENER Polska sp. z o.o, Raytheon Intelligence & Space, Hughes Network Systems, Gilat Satellite Networks, Elbit Systems Ltd., Andesat, Globalsat Group, Intelsat, Thuraya, Al Yah Satellite Communications Company, Etisalat UAE, Space AI, Scorpio Space, Yahsat, SCS Space, Blue Sky Communications, Alkan.
North America was the largest region in the SATCOM on the move market in 2023. The regions covered in the satcom on the move market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the satcom on the move market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.
The various types of SATCOM on the move include equipment and services. SATCOM on the move equipment encompasses components such as amplifiers, antennas, equalizers, frequency converters, and others used for transmitting, conditioning, and receiving satellite signals. SOTM operates across different frequency bands, including C band, L band, S band, X band, Ka band, Ku band, UHF band, and SHF band. SATCOM on the move is deployed on various platforms such as land mobile, airborne, and maritime. Major verticals employing SATCOM on the move include commercial, government, and defense sectors.
The SATCOM on the move market research report is one of a series of new reports that provides SATCOM on the move market statistics, including SATCOM on the move industry global market size, regional shares, competitors with a SATCOM on the move market share, detailed SATCOM on the move market segments, market trends and opportunities, and any further data you may need to thrive in the SATCOM on the move industry. This SATCOM on the move 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 SATCOM on the move market consists of revenues earned by entities by providing satellite network connectivity and satisfying the requirement for mobile access to and sharing of high-definition video, voice, and data. The market value includes the value of related goods sold by the service provider or included within the service offering. The SATCOM on the move market also includes sales of SATCOM equipment that provides satellite signals. 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.
The satcom on the move market size is expected to see exponential growth in the next few years. It will grow to $67.49 billion in 2028 at a compound annual growth rate (CAGR) of 20.3%. The anticipated growth in the forecast period can be attributed to increasing investments in low Earth orbit satellites, strong government support, a growing demand for telecommunications, and an increasing number of satellite launches. Key trends expected during the forecast period include strategic partnerships and collaborations among market players, product innovations with a focus on government and military applications, the utilization of artificial intelligence in radio frequencies (RF), emphasis on very high throughput satellites (VHTS), and technological advancements in satellite communications.
The growth of the SATCOM on the move market is propelled by the increasing demand for customized solutions for Unmanned Ground Vehicles (UGV). Unmanned Ground Vehicles, which operate on the ground without human operators, benefit from SATCOM-On-the-Move (SOTM) technology to enhance mission performance, combat effectiveness, and worker safety. This is particularly evident in applications such as minefield detection and traversal of barriers. General Dynamics, a prominent aerospace and defense corporation, reported a rise in its US revenue for the technology segment, encompassing a mission system product line that includes SOTM antennas for ground vehicles. The revenue increased from $11.72 billion in 2020 to $11.81 billion in 2021, underscoring the growing demand for customized SOTM solutions for UGVs and driving the SATCOM on the move market.
The SATCOM on the move market is set to experience growth due to the increasing adoption of Low Earth Orbit (LEO) satellites across various sectors. LEO satellites are considered transformative in revolutionizing internet and digital communication. The US Space Force’s Commercial Satellite Communications Office (CSCO) plans to award approximately $2.3 billion in commercial SATCOM contracts over the next two years, with a significant portion dedicated to LEO satellite broadband services. This investment in LEO satellites is expected to propel the overall growth of the satellite communication market.
A key trend in the SATCOM on the move market is the focus on product innovations by major companies. To cater to government and military applications, companies in this market are introducing innovative products. For example, ComClark Network and Technology Corporation, a Philippines-based ICT and broadcast services provider, launched SATCOM on the Move (SOTM) in March 2023. This SOTM solution, designed as a system integrator and value-added service provider, ensures always-on connectivity for mobile users, including emergency responders, government agencies, and businesses. The solution utilizes satellite communications to provide high-speed, low-latency internet access.
Companies in the SATCOM on the move market are also integrating artificial intelligence (AI) into radio frequencies (RF) to strengthen their market position. AI is being harnessed to advance RF technology, bringing a traditional technology into the modern era. CENOS LLC, a Latvia-based CAE software company, launched RF 2.0 in June 2022, targeting radio frequency and antenna design projects. This new tool expands coverage across a broader RF design spectrum and enhances workflow management and the user experience, showcasing the integration of AI in RF.
In March 2022, SES S.A., a Luxembourg-based satellite and telecommunications network company, acquired the SATCOM business of Leonardo DRS for $450 million. This acquisition enhances SES's core capabilities and emphasizes incremental technological development and the creation of market-changing technology. Leonardo DRS, a US-based company specializing in communication satellites, adds value to SES's position in the SATCOM on the move market.
Major companies operating in the satcom on the move market report are Honeywell International Inc., L3Harris Technologies, EchoStar Corporation, Thales Group, Viasat, Inc.,Aselsan A.S., BAE Systems PLC, Ball Corporation, Inmarsat Global Limited, General Dynamics Corp, Singapore Technologies Engineering Ltd., Bharat Electronics Limited (BEL), Antrix Corporation Limited, NEC Corporation, Space Star Technology Co Ltd., Eutelsat Communications SA, Avanti Communications, Cobham Limited, Airbus Defence and Space, Telespazio, Surrey Satellite Technology Ltd., Rohde and Schwarz, Russian Satellite Communications Company, SENER Polska sp. z o.o, Raytheon Intelligence & Space, Hughes Network Systems, Gilat Satellite Networks, Elbit Systems Ltd., Andesat, Globalsat Group, Intelsat, Thuraya, Al Yah Satellite Communications Company, Etisalat UAE, Space AI, Scorpio Space, Yahsat, SCS Space, Blue Sky Communications, Alkan.
North America was the largest region in the SATCOM on the move market in 2023. The regions covered in the satcom on the move market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the satcom on the move market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.
The various types of SATCOM on the move include equipment and services. SATCOM on the move equipment encompasses components such as amplifiers, antennas, equalizers, frequency converters, and others used for transmitting, conditioning, and receiving satellite signals. SOTM operates across different frequency bands, including C band, L band, S band, X band, Ka band, Ku band, UHF band, and SHF band. SATCOM on the move is deployed on various platforms such as land mobile, airborne, and maritime. Major verticals employing SATCOM on the move include commercial, government, and defense sectors.
The SATCOM on the move market research report is one of a series of new reports that provides SATCOM on the move market statistics, including SATCOM on the move industry global market size, regional shares, competitors with a SATCOM on the move market share, detailed SATCOM on the move market segments, market trends and opportunities, and any further data you may need to thrive in the SATCOM on the move industry. This SATCOM on the move 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 SATCOM on the move market consists of revenues earned by entities by providing satellite network connectivity and satisfying the requirement for mobile access to and sharing of high-definition video, voice, and data. The market value includes the value of related goods sold by the service provider or included within the service offering. The SATCOM on the move market also includes sales of SATCOM equipment that provides satellite signals. 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.
Table of Contents
1. Executive Summary2. SATCOM on the Move Market Characteristics3. SATCOM on the Move Market Trends and Strategies32. Global SATCOM on the Move Market Competitive Benchmarking33. Global SATCOM on the Move Market Competitive Dashboard34. Key Mergers and Acquisitions in the SATCOM on the Move Market
4. SATCOM on the Move Market - Macro Economic Scenario
5. Global SATCOM on the Move Market Size and Growth
6. SATCOM on the Move Market Segmentation
7. SATCOM on the Move Market Regional and Country Analysis
8. Asia-Pacific SATCOM on the Move Market
9. China SATCOM on the Move Market
10. India SATCOM on the Move Market
11. Japan SATCOM on the Move Market
12. Australia SATCOM on the Move Market
13. Indonesia SATCOM on the Move Market
14. South Korea SATCOM on the Move Market
15. Western Europe SATCOM on the Move Market
16. UK SATCOM on the Move Market
17. Germany SATCOM on the Move Market
18. France SATCOM on the Move Market
19. Italy SATCOM on the Move Market
20. Spain SATCOM on the Move Market
21. Eastern Europe SATCOM on the Move Market
22. Russia SATCOM on the Move Market
23. North America SATCOM on the Move Market
24. USA SATCOM on the Move Market
25. Canada SATCOM on the Move Market
26. South America SATCOM on the Move Market
27. Brazil SATCOM on the Move Market
28. Middle East SATCOM on the Move Market
29. Africa SATCOM on the Move Market
30. SATCOM on the Move Market Competitive Landscape and Company Profiles
31. SATCOM on the Move Market Other Major and Innovative Companies
35. SATCOM on the Move Market Future Outlook and Potential Analysis
36. Appendix
Executive Summary
SATCOM On The Move Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on satcom on the move market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase
- Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
- Understand how the market has been affected by the coronavirus and how it is responding as the impact of the virus abates.
- Assess the Russia-Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
- Measure the impact of high global inflation on market growth.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis.
- Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Where is the largest and fastest growing market for satcom on the move? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Report Scope
Markets Covered:1) By Type: Equipment; Service
2) By Frequency: C Band; L Band; S Band; X Band; Ka Band; Ku Band; Uhf Band; Shf Band
3) By Platform: Land Mobile; Airborne; Maritime
4) By Vertical: Commercial; Government; Defense
Key Companies Mentioned: Honeywell International Inc; L3Harris Technologies; EchoStar Corporation; Thales Group; Viasat, Inc
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes
Delivery Format: PDF, Word and Excel Data Dashboard
Companies Mentioned
- Honeywell International Inc
- L3Harris Technologies
- EchoStar Corporation
- Thales Group
- Viasat, Inc
- Aselsan A.S.
- BAE Systems plc
- Ball Corporation
- Inmarsat Global Limited
- General Dynamics Corp
- Singapore Technologies Engineering Ltd
- Bharat Electronics Limited (BEL)
- Antrix Corporation Limited
- NEC Corporation
- Space Star Technology Co Ltd
- Eutelsat Communications SA
- Avanti Communications
- Cobham Limited
- Airbus Defence and Space
- Telespazio
- Surrey Satellite Technology Ltd
- Rohde and Schwarz
- Russian Satellite Communications Company
- SENER Polska sp. z o.o
- Raytheon Intelligence & Space
- Hughes Network Systems
- Gilat Satellite Networks
- Elbit Systems Ltd.
- Andesat
- Globalsat Group
- Intelsat
- Thuraya
- Al Yah Satellite Communications Company
- Etisalat UAE
- Space AI
- Scorpio Space
- Yahsat
- SCS Space
- Blue Sky Communications
- Alkan
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 175 |
| Published | February 2024 |
| Forecast Period | 2024 - 2028 |
| Estimated Market Value ( USD | $ 32.26 Billion |
| Forecasted Market Value ( USD | $ 67.49 Billion |
| Compound Annual Growth Rate | 20.3% |
| Regions Covered | Global |
| No. of Companies Mentioned | 40 |
