How big is the fixed satellite services market | Growth Insights & Size 2025

Q: What is the overall size of the fixed satellite services market?

The fixed satellite services market is expected to reach USD 16.7 Billion by 2031.

Q: What is the CAGR of the fixed satellite services market?

The fixed satellite services market is growing at a compound annual growth rate of 5.25% during the forecast period.

Q: Which sectors rely heavily on fixed satellite services?

Key users include media broadcasting, government, defense, maritime, oil & gas, and telecom operators in remote regions.

Q: What frequency bands are commonly used in this market?

C-band, Ku-band, and Ka-band are widely used, each offering distinct advantages for coverage, speed, and weather resistance.

Q: How does 6W market outlook report help businesses in making decisions?

6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.

Q: Do you also provide customisation in the market study?

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Code: MTA6361

Publication Date: Jul 2025

How big is the fixed satellite services market?

According to 6Wresearch internal database and industry insights, Global fixed satellite services market was valued atUSD 11.3 Billion in 2024 and is expected to reachUSD 16.7 Billion by 2031, growing at acompound annual growth rate of 5.25% during the forecast period.

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The market is growing due to increased demand for secure and reliable communication networks across remote and underserved areas, as well as rising video broadcasting and enterprise connectivity needs. Fixed satellite services offer consistent bandwidth, long-range coverage, and minimal latency for voice, data, and media transmission.

Key Growth Factors of the Fixed Satellite Services Market

Growing demand for constant communication in rural and isolated places
DTH (direct-to-home) television and video distribution growth
Growing demand from the maritime, defense, and oil and gas industries
The government prioritizes underserved areas with satellite broadband.
Cost-effectiveness in contrast to fiber deployment in isolated areas
Increasing the use of satellites for cloud connectivity at the enterprise level

Fixed Satellite Services Market Trends

Fixed Satellite Services Market trends include growth in high-throughput satellite (HTS) usage, rising adoption of Ka-band for enhanced data speed, and bundling of satellite services with cloud and IoT solutions. Managed satellite services are gaining popularity for enterprise needs.

Emerging Developments in the Fixed Satellite Services Market

Emerging developments in the fixed satellite services market include deployment of software-defined satellites, integration with 5G backhaul networks, AI-based traffic management, and smaller geostationary satellites for flexible bandwidth allocation. Partnerships between telecom and satellite firms are increasing.