Satellite internet market seen topping $22B by 2030

The Business Research Company says the global satellite internet market is entering a high-growth phase, with demand rising for broadband in remote areas, mobility services and resilient backup connections. The report forecasts the market will top $22 billion by 2030, led by North America and powered by low Earth orbit satellite deployments.

Why it matters: - Satellite internet is moving from a niche connectivity option to a core broadband layer for remote, mobile and underserved users. - The market’s growth reflects rising demand for resilient internet access in rural areas, aviation, maritime, government and enterprise networks. - The forecast suggests satellite connectivity will take a larger role as traditional terrestrial infrastructure falls short in hard-to-reach markets.

What happened: - The Business Research Company published its Global Satellite Internet Global Market Report 2026 – Market Size, Trends, And Forecast 2026-2035 on Oct. 28, 2026. - The report projects the satellite internet market will surpass $22 billion by 2030, growing at a 14% compound annual growth rate. - North America is forecast to remain the largest regional market, reaching $7.6 billion by 2030, up from $4.1 billion in 2025. - The U.S. is expected to be the largest single-country market, rising to $6.7 billion by 2030 from $3.6 billion in 2025.

The details: - Satellite internet is projected to make up about 2% of the broader wireless internet services market by 2030, which the report estimates at about $925 billion. - The segment is expected to represent nearly 0.2% of the wider information technology market, projected at $13,788 billion by 2030. - Two-way satellite-only communication is forecast to hold the largest product share in 2030, with 57% of the market and about $13 billion in value. - The report also tracks C-Band, X-Band, L-Band, K-Band and other bands, along with commercial, residential, military and industrial end users. - Demand for rural connectivity is estimated to add about 1.5% annual growth to the market. - Expanding demand for high-speed broadband is projected to add about 1.0% annual growth. - Rapid deployment of low Earth orbit constellations is expected to contribute around 0.8% annual growth. - The report says second-generation medium Earth orbit systems are boosting capacity and lowering latency. - In April 2024, SES S.A. introduced its o3b mPower system with fully steerable spot beams and adaptive bandwidth management. - The report says two-way satellite-only communication, one-way receive and one-way broadcast segments will collectively add more than $11 billion in market value by 2030. - It projects two-way satellite-only communication will add $7 billion, one-way receive $3 billion and one-way broadcast $1 billion from 2025 to 2030. - Space Exploration Technologies Corp., through Starlink, held a 3% global market share in 2025 and is described as the leading operator. - The market remains fragmented, with the top 10 companies accounting for 12% of total revenue in 2025. - The report lists major competitors including EchoStar, ViaSat, Eutelsat, SES, Telesat, Iridium, Singtel, Speedcast, Gilat, Kacific, Thaicom, Globalstar and others. - The report names suppliers, distributors and end users across shipping, aviation, energy, retail, logistics and rail. - The Business Research Company also said its 2026 reports now include market attractiveness scoring, TAM analysis, company scoring matrices, Excel dashboards and hotspot infographics. - The company says it has published more than 30,000 reports across 27 industries and 60 geographies.

Between the lines: - The forecast points to a market shaped less by consumer broadband alone and more by enterprise-grade needs for reliability, latency improvement and network redundancy. - LEO constellations are emerging as the main competitive edge because they improve latency and coverage compared with traditional satellite systems. - Fragmentation suggests no single operator has fully dominated the category, even as Starlink holds an early lead. - Growth in North America and the U.S. underscores how much the market still depends on regulatory support, private investment and rural broadband policy.

What's next: - Continued LEO launches and ground infrastructure upgrades are likely to drive the next phase of market expansion. - Competition will likely center on capacity, latency, regulatory access and service quality for enterprise, government and mobility customers. - The report suggests partnerships, network expansion and new satellite architectures will remain key to winning share in a crowded market.

The bottom line: - Satellite internet is scaling fast as global demand for reliable connectivity outpaces traditional infrastructure, and the next few years are likely to be defined by constellation buildouts and regional broadband expansion.