Rural Broadband Revolution: Satellite Internet’s Sky-High Growth (2024–2030)
The global satellite broadband market reached $5–9 billion in 2023 and is projected to hit $23–24 billion by 2030. North America led with $2.97 billion in 2023, while Asia-Pacific and Europe followed. By 2030, North America, Europe, and Asia-Pacific are each expected to generate over $6 billion in revenue. Latin America and the Middle East & Africa are forecast to see the fastest growth rates.