info@strategicmarketresearch.com
26, Broadway, Suite 934, New York , 10004
us US: +1-315-636-4233    uk UK: +44-162-237-0614     in IN: +91-826-083-6500
Home » Aerospace and Defense » Space-Based Network Market Size, Share Report

Space-Based Network Market By Type of Orbit (Low Earth Orbit [LEO], Medium Earth Orbit [MEO], Geostationary Orbit [GEO]); By Component (Satellites, Ground Stations, Launch Vehicles); By End-user Industry (Commercial, Government and Military, Telecommunication, Aerospace and Defense, Research and Scientific); By Application (Data Communication, Voice Communication, Video Transmission, Broadband Connectivity); By Geography, Segment revenue estimation, Forecast, 2024–2032.

Published On: OCt-2024   |   Base Year: 2022   |   No Of Pages: 150   |   Historical Data: 2017-2021   |   Formats: PDF   |   Report ID: 97350591

The space-based network market was worth USD 8.4 billion in 2024 and will be worth USD 40.68 billion by 2030, growing at a CAGR of 21.8% during the forecast period.

 

The main driver behind the space-based network market is the growing need for broadband access worldwide, particularly in developing and developed continents. New satellite trends like the LEO satellites provide a faster connection speed and less latency, enhancing broadband services globally. For example, recent events in this sector are giants like Amazon, Google, or SpaceX planning or launching gigantic satellite constellations to provide Internet connection to the Globe. Another factor is the increasing demand for higher connectivity standards for IoT devices that need extensive networking worldwide. Also, the government and military end-user segment has been consistently driving demands and future investments for better and more secure satellite communication systems. These drivers promote inventions or synergies, as demonstrated in several new deals between aerospace firms and technology players seeking to increase connectivity across the globe.

 

The Space-Based Network market presents many opportunities, especially in the delivery of broadband connections to many isolated and rural regions globally. Hence, with billions of people still without a stable connection to the Internet, space-based networks could be the solution for closing this digital gap. For example, SpaceX with Starlink and Amazon with Project Kuiper plan to put up thousands of satellites to build an internet network. In the past few months, key trends have emerged in this domain, such as multiple successes in launching satellites to increase network density and performance. However, the growing demand for satellite internet services by commercial sectors like maritime, aviation, and logistics that require continuous connectivity along separated paths proves the market’s growth. These initiatives are intended to facilitate connections and the collection of essential data for further enhancing the global communication infrastructure.

 

Market Segmentation

By Type of Orbit:

  • Low Earth Orbit (LEO)

  • Medium Earth Orbit (MEO)

  • Geostationary Orbit (GEO)

 

By Component:

  • Satellites

  • Ground Stations

  • Launch Vehicles

 

By End-user Industry:

  • Commercial

  • Government and Military

  • Telecommunication

  • Aerospace and Defense

  • Research and Scientific

 

By Application:

  • Data Communication

  • Voice Communication

  • Video Transmission

  • Broadband Connectivity

 

By Region

North America

  • US

  • Mexico

  • Canada

  • Rest of North America

 

Europe

  • Switzerland

  • Russia

  • France

  • Germany

  • U.K

  • Finland

  • Turkey

  • Netherlands

  • Belgium

  • Spain

  • Italy

  • Rest of Europe

 

Asia Pacific

  • India

  • China

  • South Korea

  • Japan

  • Singapore

  • Thailand

  • Indonesia

  • Malaysia

  • Philippines

  • Australia

  • Rest of Asia-Pacific

 

LAMEA

  • Brazil

  • Argentina

  • Uruguay

  • Saudi Arabia

  • Rest of LAMEA

 

 North America is leading the Space-Based Network market mainly due to the availability of many aerospace and satellite-related companies and their penchant for investing in innovation. The region hosts leading players such as SpaceX, which has deployed thousands of satellites for its Starlink broadband constellation targeting global connectivity. However, new trends include massive investment through government and private participants in enhancing and developing satellite communication facilities. For instance, the US has set programs to subsidize and fund satellite networks that will assist in boosting outcome-based national security communications and improve access to broadband services in rural areas. These efforts are supported by cooperation between technology behemoths and aerospace companies to increase the pace of integration of future satellite constellations. The satellite communications leadership is also complemented by enabling regulatory policies that enable the fast testing and deployment of satellite solutions.

 

Key Players

  • SpaceX

  • Blue Origin

  • OneWeb

  • Amazon (Project Kuiper)

  • Boeing

  • Lockheed Martin

  • Northrop Grumman

  • Airbus

  • Telesat

  • SES S.A.

Frequently Asked Question About This Report

.

Table of Contents

1.    SPACE-BASED NETWORK MARKET – PRODUCTION VOLUME BY REGION, (2024 – 2030)
1.1. North America
1.2. Europe
1.3. Asia Pacific
1.4. Latin America
1.5. Middle East & Africa
2.    SPACE-BASED NETWORK MARKET – REVENUE ($MILLION), BY REGION, (2024 – 2030)
2.1. North America
2.2. Europe
2.3. Asia Pacific
2.4. Latin America
2.5. Middle East & Africa
3.    MARKET SHARE ANALYSIS – SPACE-BASED NETWORK MARKET
3.1. Top 20 Players with Product Mix, Revenue, and Sales Volume
3.2. Market Share, 2023
3.3. Market By Type of Orbit of SPACE-BASED NETWORK and End Use Outlook Analysis
4.    HISTORIC TRENDS IN SPACE-BASED NETWORK MARKET
5.    EMERGING MARKET TRENDS
6.    NORTH AMERICA SPACE-BASED NETWORK MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS)
6.1. North America SPACE-BASED NETWORK Historical Market ($MILLION), (2017 – 2023)
6.2. North America SPACE-BASED NETWORK Market ($MILLION) and Forecasts (2024 – 2030)
6.3. North America SPACE-BASED NETWORK Market Type ($MILLION), and Forecasts (2024 – 2030), By Type of Orbit
6.3.1. Low Earth Orbit (LEO)
6.3.2. Medium Earth Orbit (MEO)
6.3.3. Geostationary Orbit (GEO)
6.4. North America SPACE-BASED NETWORK Market Type ($MILLION), and Forecasts (2024 – 2030), By Component
6.4.1. Satellites
6.4.2. Ground Stations
6.4.3. Launch Vehicles
6.5. North America SPACE-BASED NETWORK Market Type ($MILLION), and Forecasts (2024 – 2030), By End-Use Industry
6.5.1. Commercial
6.5.2. Government and Military
6.5.3. Telecommunication
6.5.4. Aerospace and Defense
6.5.5. Research and Scientific
6.6. North America SPACE-BASED NETWORK Market Type ($MILLION), and Forecasts (2024 – 2030), By Application
6.6.1. Data Communication
6.6.2. Voice Communication
6.6.3. Video Transmission
6.6.4. Broadband Connectivity
6.7. North America SPACE-BASED NETWORK Market Type ($MILLION), and Forecasts (2024 – 2030), By Geography
6.7.1. USA
6.7.2. Canada
6.7.3. Rest of North America
7.    USA SPACE-BASED NETWORK MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS)
8.    EUROPE SPACE-BASED NETWORK MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS)
8.1. Europe SPACE-BASED NETWORK Historical Market ($MILLION), (2017 – 2023)
8.2. Europe SPACE-BASED NETWORK Market ($MILLION) and Forecasts (2024 – 2030)
8.3. Europe SPACE-BASED NETWORK Market Type ($MILLION), and Forecasts (2024 – 2030), By Type of Orbit
8.4. Europe SPACE-BASED NETWORK Market Type ($MILLION), and Forecasts (2024 – 2030), By Component
8.5. Europe SPACE-BASED NETWORK Market Type ($MILLION), and Forecasts (2024 – 2030), By End-Use Industry
8.6. Europe SPACE-BASED NETWORK Market Type ($MILLION), and Forecasts (2024 – 2030), By Application
8.7. Europe SPACE-BASED NETWORK Market Type ($MILLION), and Forecasts (2024 – 2030), By Geography
8.7.1. Germany
8.7.2. France
8.7.3. UK
8.7.4. Italy
8.7.5. Spain
8.7.6. Rest of Europe
9.    APAC SPACE-BASED NETWORK MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS)
9.1. APAC SPACE-BASED NETWORK Historical Market ($MILLION), (2017 – 2023)
9.2. APAC SPACE-BASED NETWORK Market ($MILLION) and Forecasts (2024 – 2030)
9.3. APAC SPACE-BASED NETWORK Market Type ($MILLION), and Forecasts (2024 – 2030), By Type of Orbit
9.4. APAC SPACE-BASED NETWORK Market Type ($MILLION), and Forecasts (2024 – 2030), By Component
9.5. APAC SPACE-BASED NETWORK Market Type ($MILLION), and Forecasts (2024 – 2030), ByEnd-Use Industry
9.6. APAC SPACE-BASED NETWORK Market Type ($MILLION), and Forecasts (2024 – 2030), By Application
9.7. APAC SPACE-BASED NETWORK Market Type ($MILLION), and Forecasts (2024 – 2030), By Geography
9.7.1. China
9.7.2. Japan
9.7.3. South Korea
9.7.4. India
9.7.5. Australia
9.7.6. Rest of APAC
10.    LATIN AMERICA SPACE-BASED NETWORK MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS)
10.1. Latin America SPACE-BASED NETWORK Historical Market ($MILLION), (2017 – 2023)
10.2. Latin America SPACE-BASED NETWORK Market ($MILLION) and Forecasts (2024 – 2030)
10.3. Latin America SPACE-BASED NETWORK Market Type ($MILLION), and Forecasts (2024 – 2030), By Type of Orbit
10.4. Latin America SPACE-BASED NETWORK Market Type ($MILLION), and Forecasts (2024 – 2030), By Component
10.5. Latin America SPACE-BASED NETWORK Market Type ($MILLION), and Forecasts (2024 – 2030), ByEnd-Use Industry
10.6. Latin America SPACE-BASED NETWORK Market Type ($MILLION), and Forecasts (2024 – 2030), By Application
10.7. Latin America SPACE-BASED NETWORK Market Type ($MILLION), and Forecasts (2024 – 2030), By Geography
10.7.1. Brazil
10.7.2. Argentina
10.7.3. Rest of Latin America
11.    COMPANY PROFILES:
11.1. SPACEX
11.1.1. Company Overview  
11.1.2. Company Snapshot  
11.1.3. Operating business segments
11.1.4. Product offered and Revenue
11.1.5. Production & Sales
11.2. Blue Origin
11.3. OneWeb
11.4. Amazon (Project Kuiper)
11.5. Boeing
11.6. Lockheed Martin
11.7. Northrop Grumman
11.8. OTHER MARKET PLAYERS