Global satellite comm market to hit $2.6B by 2030

Direct device-to-device and satellite communication technology is driving rapid growth in the satellite communications sector, with market size expected to increase from $0.57 billion in 2025 to $2.64 billion in 2030. The number of subscribers is also projected to rise from 600,000 to 23.5 million over the same period. This technology aims to expand connectivity to remote areas, where the proportion of high-income populations with access to 5G networks remains low. It serves as an extension of terrestrial infrastructure and is supported by the development of global standards for integrating non-terrestrial networks into mobile networks. The sector is witnessing a historic opportunity to connect approximately 2.2 billion people worldwide who are currently out of reach of communication services, through models based on shared satellite infrastructure and flexible, sustainable regulatory approaches.

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