The global satellite ground station market size is expected to reach USD 191.65 billion by 2032, according to a new study by Polaris Market Research. The report “Satellite Ground Station Market Share, Size, Trends, Industry Analysis Report, By Platform (Fixed, Portable, Mobile); By Function; By Frequency; By Orbit; By End User; By Solution; By Region; Segment Forecast, 2023 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.
The partnership between SES and TESAT for the development and integration of the Quantum Key Distribution (QKD) pay-load for the EAGLE-1 satellite is a driving force behind the growth of the Satellite Ground Station Market. The support of prominent organizations such as the European Space Agency & the European Commission highlights the significance of the EAGLE-1 initiative. Government backing and collaborative efforts contribute to the growth of the market by encouraging research, development, and deployment of advanced technologies in satellite communications.
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According to Witan World between 2020 and 2025, the total demand for satellite data will increase at a 30% yearly rate. Over the next 20 years, the global market for new launch technologies for small satellites will be worth EUR 25 billion. The growing demand for satellite data, implies need for ground station infrastructure to receive, process, and distribute this data. Ground stations play a crucial role in collecting and transmitting satellite data, which is used for various applications such as Earth observation, climate monitoring, navigation, and telecommunications. As the demand for satellite data continues to rise, the need for ground stations to support data transmission and processing will also increase.
Satellite Ground Station Market Report Highlights
Polaris Market Research has segmented the satellite ground station market report based on platform, function, frequency, orbit, end user, solution and region:
Satellite Ground Station, Platform Outlook (Revenue - USD Billion, 2019 - 2032)
Satellite Ground Station, Function Outlook (Revenue - USD Billion, 2019 - 2032)
Satellite Ground Station, Frequency Outlook (Revenue - USD Billion, 2019 - 2032)
Satellite Ground Station, Orbit Outlook (Revenue - USD Billion, 2019 - 2032)
Satellite Ground Station, End User Outlook (Revenue - USD Billion, 2019 - 2032)
Satellite Ground Station, Solution Outlook (Revenue - USD Billion, 2019 - 2032)
Satellite Ground Station, Regional Outlook (Revenue - USD Billion, 2019 - 2032)
Report Attributes |
Details |
Market size value in 2023 |
USD 62.09 billion |
Revenue forecast in 2032 |
USD 191.65 billion |
CAGR |
13.3% from 2023 - 2032 |
Base year |
2022 |
Historical data |
2019 - 2021 |
Forecast period |
2023 - 2032 |
Quantitative units |
Revenue in USD billion and CAGR from 2023 to 2032 |
Segments covered |
By Platform, By Function, By Frequency, By Orbit, By End User, By Solution, By Region |
Regional scope |
North America, Europe, Asia Pacific, Latin America; Middle East & Africa |
Key companies |
SES, Intelsat, Eutelsat Communications, Viasat, Inmarsat, Iridium Communications, Globecast, Gilat Satellite Networks, Hughes Network Systems, VT iDirect, Comtech Telecommunications, Gogo, Speedcast International, Thales, Telespazio, Echostar, Asiasat, China Satcom, APT Satellite Holdings Limited, Satcom Global, Integrasys, ST Engineering iDirect, Advantech Wireless, Space Data, DLR, Kongsberg Satellite Services, Swedish Space Corporation, US Electrodynamics, Newtec, Azercosmos, Arab Satellite Communications Organization, Hispasat, MEASAT Satellite Systems, Optus Satellite, Sky Perfect JSAT, Sirius XM, ABS & Yahsat. |
For Specific Research Requirements |