Satellite capacity supply and demand, 3Q 2024 update

28 January 2025 | Research

Milo Cooper | Vivek Prasad

Forecast report | PPTX and PDF (14 slides) | Satellite Capacity


"Revenue in the satellite communications industry will continue to grow during the forecast period (2023–2033), mainly driven by the progress of players in the non-geostationary Earth orbit (non-GEO) market in applications such as broadband access and commercial mobility."

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This quarterly update of our Satellite capacity supply and demand forecast report summarises significant developments in the satellite communications (satcom) market to the end of 3Q 2024. 

This update assesses how each market is moving relative to our original forecasts of capacity supply, demand, revenue and pricing across different regions and frequency bands. 

Our revisions are based on news and deal announcements from players in the satcom industry. These items are recorded in the corresponding Satellite capacity supply and demand news and deals tracker.

Questions answered in this report

  • What is the market opportunity for satellite communications worldwide?
  • What are the forecasted trends in capacity demand, revenue and pricing in different regions?
  • How do these trends vary across different applications and frequency bands?
  • How have these trends developed during 3Q 2024?
  • How are regulation and policy-making shaping the satcom market?

Who should read this report

  • Satellite operators
  • Service providers
  • Satellite manufacturers and launch providers
  • Ground equipment manufacturers and integrators
  • Emerging space companies
  • Telecoms operators
  • Investors and financial institutions

Frequency bands

  • C-Band
  • Ku-Band
  • Widebeam Ka-Band
  • C-Band GEO HTS
  • Ku-Band GEO HTS
  • Ka-Band GEO HTS
  • Non-GEO HTS

Geographical coverage

  • North America (NAM)
  • Central America and Caribbean (CAMCB) 
  • South America (SAM)
  • Western Europe (WEU)
  • Central and Eastern Europe (CEEU)
  • Middle East and North Africa (MENA)
  • Sub-Saharan Africa (SSA)
  • East Asia (EA)
  • South Asia (SA)
  • Southeast Asia (SEA)
  • Indian/Pacific/Atlantic ocean regions (IOR/POR/AOR)

Authors

Milo Cooper

Research Analyst

Vivek Prasad

Principal Analyst, space and satellite, expert in satellite capacity