Key Trend Reshaping the SATCOM On The Move Market in 2025: Satcom Market's Embrace Of Innovative Solutions

What combination of drivers is leading to accelerated growth in the satcom on the move market?
The expansion of the SATCOM on the move market is anticipated to be fueled by the increasing number of satellite launches. Satellite launching, which involves the use of a launch vehicle or rocket to put satellites into orbit around Earth or transport them to other celestial bodies, is on the rise due to factors such as government funding, cost-effectiveness, quick advancement cycles, and adaptability. SATCOM on the move permits real-time communication between satellites and ground control, allowing for command and control functions, data transfer, and health and status monitoring of the satellite. For example, as per the U.S. Government Accountability Office data in September 2022, about 5,500 satellites were in orbit that year, with an additional 58,000 projected to be launched by 2030. Hence, the increase in satellite launches is a significant factor propelling the SATCOM on the move market's growth.

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What is the projected compound annual growth rate (CAGR) of the satcom on the move market from 2025 to 2034, and what factors influence it?
The market size for satcom on the move has seen considerable expansion in the recent past. It is projected to rise from $29.43 billion in 2024 to approximately $34.89 billion in 2025, with a compound annual growth rate (CAGR) of 18.5%. The substantial growth in the previous period can be credited to the upsurge in emerging markets, more investments being made in the satellite communication infrastructure, the widespread use of connected vehicles, and increased financial backing in the realm of space.

Over the coming years, the "satcom on the move" market is anticipated to experience unprecedented growth, rocketing to a value of $73.04 billion in 2029, a rise based on a compound annual growth rate (CAGR) of 20.3%. This thrust in growth through the forecasted period can be credited to a surge in investments towards low earth orbit satellites, increased government backing, a booming demand for telecommunication, and an upswing in satellite launches. Future projections highlight strategic partnerships and collaborations, product innovations targeting government and military applications, implementation of artificial intelligence in radio frequencies (RF), concentration on very high throughput satellites (VHTS) and innovative strides in satellite communications as significant trends.

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What trends are poised to drive the future success of the satcom on the move market?
Heightened focus on product innovations is a predominant trend surfacing in the SATCOM on the Move (SOTM) market. Prominent corporations in this market are now launching revolutionary products targeting government and military applications in order to gain more market share. A case in point is the ComClark Network and Technology Corporation, renowned as a premier provider of customer-centric broadcast and information and communication technology (ICT) services based in the Philippines. They launched a SOTM system in March 2023, aimed at being a system integrator and provider of added value service for broadband communication technology, Internet network and broadcast service. This SOTM service is engineered to give unceasing connectivity to mobile users, which include businesses, government agencies, and emergency responders, using satellite communications provision of high-speed, low-latency Internet access.

What are the major segments of the satcom on the move market and their role in driving growth?
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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Which regions are key players in the growth of the satcom on the move market?
North America was the largest region in the SATCOM on the move market in 2024. The regions covered in the satcom on the move market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Who are the key firms paving the way for growth 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

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What Is Covered In The SATCOM On The Move Global Market Report?

• Market Size Forecast: Examine the satcom on the move market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the satcom on the move market for a structured understanding.
• Key Players Overview: Analyze major players in the satcom on the move market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the satcom on the move market.
• Segment Contributions: Evaluate how different segments drive overall growth in the satcom on the move market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the satcom on the move market.
• Industry Challenges: Identify potential risks and obstacles affecting the satcom on the move market.
• Competitive Landscape: Review strategic developments in the satcom on the move market, including expansions, agreements, and new product launches.

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