Satellite Broadband Market to Break $20 Billion by 2030

A new study by Juniper Research has found that global satellite provider revenue from fixed satellite broadband will increase from $10 billion in 2025 to $20 billion in 2030. This revenue growth will be enabled by rapid investment in Low Earth Orbit (LEO) technology, which allows satellite providers to improve the latency they offer, whilst also reducing costs for satellite launches.

“Historically, fixed satellite broadband has been limited to affluent regions, such as North America, owing to the premium cost of access. However, our research indicates that this global growth will be driven by emerging markets, such as India and Indonesia, over the next five years, with enterprises and consumers in these countries increasingly demanding reliable, high-end broadband,” said Alex Webb, Senior Research Analyst at Juniper Research.

Juniper Research believes that to capitalize on the satellite broadband opportunity, satellite providers must collaborate with mobile network operators, Internet service providers, and other communication service providers (CSPs) to resell services. “Through partnering with CSPs, satellite providers can accelerate their expansion to new markets by increasing distribution channels. Satellite providers must leverage the relationships and branding of CSPs with customers to quickly build trust with customers and exploit the existing billing relationships that exist in the connectivity market,” Webb advises.