Satellite constellations market to reach $26.39B by 2030

The satellite constellations market is projected to rise from $13.47 billion in 2025 to $15.46 billion in 2026, with growth tied to global connectivity demand, IoT expansion and more government and commercial space spending. The Business Research Company says the market could reach $26.39 billion by 2030 as low-earth-orbit networks and satellite internet scale up.

Why it matters: - Satellite constellations are becoming core infrastructure for global communications, navigation and remote connectivity. - The market’s rapid growth signals rising demand for resilient networks that can cover areas where terrestrial systems fall short. - The expansion also reflects larger spending on space infrastructure, launch systems and satellite-based services.

What happened: - The Business Research Company released a Satellite Constellations Market Analysis Report on Oct. 1, 2026. - The report sizes the market at $13.47 billion in 2025 and forecasts $15.46 billion in 2026. - The report projects the market will reach $26.39 billion by 2030. - The forecast implies a 14.7% CAGR from 2025 to 2026 and 14.3% CAGR from 2026 to 2030. - Download a free sample of the report. - View the full market report.

The details: - Satellite constellations are groups of satellites placed in coordinated orbits to operate as a single network. - The distributed design improves resilience, coverage and system performance. - Growth drivers include demand for global communication coverage, investment in satellite infrastructure, wider use of satellite navigation, government space exploration programs and more Earth observation satellites. - Additional growth factors include expanding commercial constellations, stronger demand for high-speed satellite internet, advances in satellite networking technology and more use of satellite connectivity in remote areas. - Emerging trends include large-scale low-Earth-orbit deployments, inter-satellite communication networks, reusable launch systems, advanced satellite payloads and demand for continuous global connectivity. - IoT and connected devices are a major catalyst because they create demand for uninterrupted real-time data exchange across remote and dispersed regions. - Ericsson reported in April 2025 that global IoT connections reached 18.8 billion in 2024 and are expected to rise to 43.0 billion by 2030. - North America held the largest market share in 2025. - Asia-Pacific is expected to be the fastest-growing region during the forecast period. - The report also covers South East Asia, Western Europe, Eastern Europe, South America, the Middle East and Africa. - The 2026 report set includes market attractiveness scoring, TAM analysis, company scoring matrix graphics and tables, Excel-based forecasting dashboards, market hotspots infographics, key technology analysis and future trend analysis.

Between the lines: - The market outlook points to a shift from niche satellite deployments toward always-on global networks built for commercial and government use. - IoT growth strengthens the case for satellite systems because billions of devices need coverage beyond fiber and cellular networks. - Asia-Pacific’s expected growth suggests the next wave of demand may come from expanding connectivity needs and space investment across the region.

What's next: - The market is likely to keep expanding as low-Earth-orbit networks, inter-satellite links and satellite internet services move further into mainstream use. - More investment in next-generation space infrastructure should support new launches, capacity upgrades and broader service coverage. - The report points to resilient, continuous connectivity as a defining feature of the sector’s next phase.