The satcom on the move market size has grown rapidly in recent years. It will grow from $29.43 billion in 2024 to $34.89 billion in 2025 at a compound annual growth rate (CAGR) of 18.5%. The growth in the historic period can be attributed to emerging markets growth, increasing investments in satellite communication infrastructure, high adoption of connected vehicles and growing investments in the space sector.
The satcom on the move market size is expected to see exponential growth in the next few years. It will grow to $73.04 billion in 2029 at a compound annual growth rate (CAGR) of 20.3%. The growth in the forecast period can be attributed to increasing investments in low earth orbit satellites, robust government support, growing demand for telecommunication and increasing number of satellite launches. Major trends in the forecast period include strategic partnerships and collaborations among market players, product innovations with focus on government and military applications, use of artificial intelligence in radio frequencies (RF), focus on very high throughput satellites (VHTS) and technological advancements in satellite communications.
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What key drivers have fueled the satcom on the move market’s development over the years?
The growing number of satellite launches is expected to propel the growth of the SATCOM on the move market going forward. Satellite launches refer to sending satellites into space using a launch vehicle or rocket to place them into orbit around Earth or to travel to other celestial bodies. Satellite launches are increasing due to government funding, low costs, rapid development cycles, and versatility. A SATCOM on the move enables real-time satellite and ground control communication, facilitating command and control, data transmission, and monitoring of the satellite’s health and status. For instance, in September 2022, according to the U.S. Government Accountability Office, a U.S.-based government agency, nearly 5,500 satellites were in orbit in 2022, with an estimated 58,000 more to be launched by 2030. Therefore, the growing number of satellite launches is driving the growth of the SATCOM on the move market.
What is the segmentation for the satcom on the move market?
The satcom on the move market covered in this report is segmented –
1) By Type: Equipment, Service
2) By Frequency: C Band, L Band, S Band, X Band, Ka Band, Ku Band, UHF Band, SHF Band
3) By Platform: Land Mobile, Airborne, Maritime
4) By Vertical: Commercial, Government, Defense
Subsegments:
1) By Equipment: Antennas, Modems, Satellite Terminals, Amplifiers, Network Infrastructure
2) By Service: Installation Services, Maintenance And Support Services, Network Management Services, Consulting Services, Data Services
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Who are the most influential companies in the satcom on the move market?
Major companies operating in the satcom on the move market include Honeywell International Inc, L3Harris Technologies, EchoStar Corporation, Thales Group, Viasat, Inc, Aselsan A.S., BAE Systems plc, Ball Corporation, Inmarsat Global Limited, General Dynamics Corp, Singapore Technologies Engineering Ltd, Bharat Electronics Limited (BEL), NEC Corporation, Eutelsat Communications SA, Avanti Communications, Cobham Limited, Airbus Defence and Space, Telespazio, Surrey Satellite Technology Ltd, Rohde and Schwarz, Russian Satellite Communications Company, SENER Polska sp. z o.o, Raytheon Intelligence & Space, Hughes Network Systems, Gilat Satellite Networks, Elbit Systems Ltd., Globalsat Group, Intelsat, Thuraya, Al Yah Satellite Communications Company, Etisalat UAE, Yahsat, SCS Space, Alkan
What are the top industry trends projected to impact the satcom on the move market?
Product innovations are a key trend gaining popularity in the SATCOM on the move market. Major companies operating in the SATCOM on the move market are introducing innovative products for government and military applications to grow in the market. For instance, in March 2023, ComClark Network and Technology Corporation, a Philippines-based premiere provider of customer-focused information and communication technology (ICT) and broadcast services, launched SATCOM on the Move (SOTM), a system integrator and value-added service provider of internet network broadband communications technology and broadcast service solutions. The SOTM solution is designed to provide always-on connectivity for mobile users, including emergency responders, government agencies and businesses. The solution uses satellite communications to provide users with high-speed, low-latency internet access.
What are the major regional insights for the satcom on the move market, and which region holds the top position?
The countries covered in the satcom on the move market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.
What Does The SATCOM On The Move Market Report 2025 Offer?
The satcom on the move market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
SATCOM on the move refers to the vehicle (often on the ground, but rarely also marine or airborne) with antennas to connect to satellite networks and keep that connection active while the vehicle is in motion. SOTM enhances mobility for satellite networks and offers genuinely global on-the-go access. A moving vehicle can employ SOTM to transmit live, high-definition audio and video to the central station. Additionally, it enables users to make phone conversations, hold video conferences, and connect at high speed to the internet.
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