High-Throughput Satellite Market Size (2024-2030)

The High Throughput Satellite (HTS) market was valued at USD 355.61 million in 2024 and is projected to reach USD 1153.1 million by 2030, growing at a CAGR of 18.3% during the forecast period.

High-Throughput Satellite Market Overview

A high-throughput satellite (HTS) is a type of communication satellite that provides significantly lower cost-per-bit compared to traditional FSS satellites while offering at least double the throughput, often exceeding this by a factor of 20 or more. For instance, ViaSat-1 and EchoStar XVII (Jupiter-1) offer over 100 Gbit/s capacity, which is more than 100 times the capacity of a typical FSS satellite. Key technical features of HTS include high frequency re-use and spot beam technology, enabling frequency re-use across multiple highly defined spot beams, typically spanning hundreds of kilometers, akin to cellular networks. This substantially enhances capacity compared to traditional satellite technology, which typically utilizes large single beams covering vast areas or even entire continents. HTS are characterized by targeting not only the consumer market but also possessing ample bandwidth capacity. While the majority of HTS over the last decade have operated in the Ka-band, there has been a shift with several projects focusing on Ku-band HTS satellites.

Initially, HTS predominantly utilized satellites in geosynchronous orbit, sharing functionalities with satellite TV craft. However, due to drawbacks such as high transference lag, attention is shifting towards lower Medium Earth Orbit (MEO) and Low Earth Orbit (LEO), offering reduced latency and lower route losses, thus enabling constellations of smaller, more cost-effective high-throughput satellites to achieve significantly enhanced throughput and global coverage.

In comparison to curved beam technology, spot beam technology significantly reduces the overall cost per circuit despite higher initial expenditures. While Ku band FSS bandwidth in space may cost over $100 million per gigabit per second, HTS like ViaSat-1 can deliver a gigabit of throughput for less than $3 million. Though the lowest cost per bit may not always be the primary driver behind HTS system design, it remains a notable benefit. HTS finds applications in providing point-to-point broadband Internet access services to underserved or unserved regions, matching terrestrial services in terms of cost and capacity. While initially targeting the consumer broadband market, many HTS platforms also cater to government, enterprise, and terrestrial cellular network operators, particularly those requiring broadband backhaul to remote cell sites. Additionally, HTS supports point-to-multipoint applications and broadcast services like DTH distribution to limited geographic areas covered by a single spot beam.

Global High-Throughput Satellite Market Drivers:

Rapid IoT adoption in the manufacturing sector will spur market expansion.

The Internet of Things (IoT) facilitates connectivity in industrial applications for production and machine management via satellites. Real-time data exchange between IoT-based sensors and processing units enhances production and machine control operations. Thus, satellite communication plays a crucial role in the manufacturing industry and process automation, driving the market's growth.

The rollout of the 5G network will accelerate market expansion.

The deployment of 5G services enhances user experience by offering faster speeds and enabling new applications and services. Compared to 4G, 5G reduces latency and significantly boosts data speeds, benefiting terrestrial wireless networks in urban and suburban areas. Moreover, 5G advancements in IoT and smart cities, including deploying sensors in urban and rural locations, further fuel the expansion of the high-throughput satellite market across industries such as power, healthcare, energy, and smart grids.

Global High-Throughput Satellite Market Insights

Challenges Facing the Global High-Throughput Satellite Market:

Budget constraints pose a potential hindrance to market growth, as organizations may face limitations on IT expenditure for advanced technology adoption. Additionally, stringent government regulations on space launch programs may impede development.

Opportunities in the Global High-Throughput Satellite Market:

The market offers lucrative opportunities for businesses through investments, partnerships, collaborations, and agreements, driven by rapid IoT device adoption and increased utilization of 5G networks.

Impact of COVID-19 on the Global High-Throughput Satellite Market:

The COVID-19 pandemic has led to a notable expansion in the High Throughput Satellite market size due to increased demand for digital solutions amidst quarantines and travel restrictions. However, supply chain disruptions have posed challenges to the industry.

Recent Developments in the Global High-Throughput Satellite Market:

In September 2022, Hughes Communications India launched India’s first High-Throughput Satellite broadband service in collaboration with ISRO. Additionally, Eutelsat's geostationary communications satellite Konnect, launched in January 2020, provides communications and broadband internet services to Europe and Sub-Saharan Africa.

High-Throughput Satellite Market Segmentation: By Type

• Payload
• Structure
• Power System
• Attitude Control System
• Propulsion System

Out of these, the Payload is anticipated to increase market share and is anticipated to keep holding the top spot during the projection period. This is a result of the payload's technical breakthroughs, which have decreased the cost per unit. Moreover, they witness increasing demand from communication segments such as television broadcasting, internet connectivity, telephone services, and others. This has further raised the demand for HTS in the market owing to growing consumer demand for Wi-Fi and 5G connectivity even in remotest places. Additionally, it is used for remote sensing, and navigation purposes that help to identify weather conditions, provide location information to people through GPS technology, and others. The power systems segment has witnessed a significant market share owing to increasing needs from the power generation, storage, and distribution industry. These include PV cells, panels, thermonuclear power generators, and others. Further, these types of HTS provide power to satellites through radioscopic generators and PV cells. Further, the use of batteries ensures power backup to these satellites making them popular in the energy generation sector.

Global High-Throughput Satellite Market Segmentation: By Application

• Broadband
• Mobility
• Enterprise
• Government
• Cellular Backhaul
• Broadcast

A significant CAGR is anticipated for the broadband market. The main reason for this is the rise in demand for internet access. Broadband technology is used in the military and aerospace industries since there is a great demand to transport massive loads of data with security and dependability. These keep the signal going strong without using repeaters. Further, the government segment holds a sizeable market share. HTS canprovide high data throughputs to the government through waveforms, modems, and antennas and thus enabling the government to provide connectivity to remote regions and increasing people’s accessibility to the internet. The broadcast segment is the fastest-growing segment during the forecast period. HTS enables television and radio broadcasting and enables DTH support in small remote areas. Further, this enables broadcasters to deliver HD content to consumers and boost their revenue.

Global High-Throughput Satellite Market Segmentation: By Region

• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America

By region, the High Throughput Satellite market is grouped into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. With approximately 32.0% of worldwide sales, North America led the market in 2022. This is due to the military's and defence industry's surging need for constant contact and the widespread deployment of satellite communication technology. Additionally, other satellite communication service providers, like Telesat, Viasat, Inc., and EchoStar Corporation, support market expansion. Asia Pacific is predicted to experience a considerable CAGR throughout the projection period. Countries like China and Japan are significantly responsible for the contribution and growth of this region.

Global High-Throughput Satellite Market Key Players:

1. Airbus Group Se
2. Eutelsat S.A.
3. Hughes Network Systems, Llc
4. Inmarsat
5. Intelsat
6. Orbital Atk Inc.
7. Ses S.A.
8. Space Systems Loral
9. Thales Group
10. The Boeing Company