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Satellite Broadband Subscriptions by Frequency Band

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Satellite Communications: Broadband Deployments and Subscriptions

Market Data | 2Q 2024 | MD-SATCB-101

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The total number of satellite-enabled broadband subscriptions at the end of 2023 stood at 6.01 million and is expected to grow to 21.91 million by 2032. This represents a 15.5% Compound Annual Growth Rate (CAGR) from 2023 to 2032. Ka-Band (26.5 – 40 GHz) and Ku-Band (12 – 18 GHz) frequency bands are anticipated to hold the largest share and maintain dominance in the satellite broadband market throughout the forecast period. Operators using Dual-band (Ka/Ku), Ka-Band (26.5 – 40 GHz) and Ku-Band (12 – 18 GHz), namely SpaceX, will continue to be prominent throughout the forecast period