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Satellite Communication Market Size to Reach USD 223.0 Billion by 2033, at 11.0% CAGR, driven by Rising Demand for High-Speed Connectivity and Expanding LEO Satellite Deployments

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SAN FRANCISCO, June 16, 2026 /PRNewswire/ — The global satellite communication market continues to experience strong momentum as governments, enterprises, telecommunications providers, and media organizations increasingly rely on satellite-based infrastructure to support global connectivity, broadcasting, mobility, and data-intensive applications. According to recent industry analysis by Grand View Research, the global satellite communication market was valued at USD 98.2 billion in 2025 and is expected to reach USD 107.4 billion in 2026. The market is projected to grow to USD 223.0 billion by 2033, registering a compound annual growth rate (CAGR) of 11.0% from 2026 to 2033.

The satellite communication industry is entering a transformative growth phase fueled by advancements in satellite technology, expanding low Earth orbit (LEO) constellations, increasing demand for broadband connectivity, and the growing importance of resilient communication infrastructure across commercial, government, and defense sectors. As digital transformation accelerates globally, satellite networks are becoming critical to bridging connectivity gaps, supporting mission-critical operations, and enabling next-generation communication services.

Market Growth Driven by Expanding Connectivity Requirements

Demand for reliable and high-speed communication services continues to rise across both developed and emerging economies. Satellite communication systems are increasingly being deployed to provide broadband access in remote and underserved regions where terrestrial infrastructure remains limited or economically unfeasible.

The growth of cloud computing, Internet of Things (IoT) deployments, autonomous systems, maritime connectivity, aviation communication, and defense modernization initiatives is creating significant opportunities for satellite service providers and technology vendors. Enterprises are also seeking greater network resilience through hybrid communication architectures that combine terrestrial and satellite networks.

The increasing dependence on uninterrupted connectivity during natural disasters, geopolitical disruptions, and infrastructure outages has further reinforced the strategic value of satellite communication technologies.

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Services Segment Maintains Market Leadership

By component, the services segment accounted for the largest market share of 58.6% in 2025. The segment’s dominance reflects growing demand for managed communication services, satellite bandwidth leasing, network management, consulting, and value-added communication solutions.

Organizations across multiple industries are increasingly focusing on operational efficiency and scalability, driving adoption of service-based business models. Service providers are responding by offering integrated solutions that combine connectivity, analytics, cybersecurity, and network optimization capabilities.

As enterprises prioritize flexibility and reduced capital expenditure requirements, service-oriented satellite communication offerings are expected to remain a major contributor to market revenue throughout the forecast period.

LEO Satellite Constellations Reshaping Industry Dynamics

By satellite constellation, Low Earth Orbit (LEO) satellites held the largest market share in 2025, highlighting a significant shift in the global satellite communication ecosystem.

LEO satellites offer several operational advantages, including lower latency, improved coverage, faster deployment cycles, and enhanced support for broadband applications. These capabilities are enabling satellite operators to deliver high-performance connectivity solutions to businesses, governments, and consumers across geographically diverse regions.

The rapid expansion of large-scale LEO constellations is transforming global communications by improving internet accessibility, supporting mobility applications, and enabling new digital services in previously underserved markets.

Industry experts anticipate continued investment in LEO infrastructure as operators seek to expand capacity, improve network performance, and meet growing customer expectations for seamless connectivity.

Ku-Band Continues to Dominate Frequency Band Segment

By frequency band, the Ku-band segment dominated the market in 2025. Ku-band technologies remain widely adopted due to their ability to support a broad range of communication applications, including broadcasting, broadband internet services, maritime communications, enterprise networking, and government operations.

The widespread availability of Ku-band infrastructure, combined with advancements in antenna technology and satellite capacity, continues to support its strong market position. As demand for bandwidth-intensive applications increases, operators are investing in advanced network architectures to maximize spectrum efficiency and service quality.

Broadcasting Remains a Core Application Area

By application, broadcasting represented the leading segment in 2025. Satellite communication remains a foundational technology for television distribution, live event coverage, digital media delivery, and global content transmission.

The ability of satellite networks to deliver high-quality content across large geographic areas makes them indispensable for broadcasters seeking reliable and cost-effective distribution channels. Growing demand for high-definition and ultra-high-definition content, coupled with increasing consumption of live programming, continues to support market growth.

As media organizations expand their global reach and content delivery capabilities, satellite broadcasting infrastructure is expected to remain a key pillar of the communications ecosystem.

Media & Broadcasting Vertical Leads Market Revenue

By vertical, the media and broadcasting segment accounted for the largest market share in 2025. The sector continues to rely heavily on satellite communication technologies to facilitate content acquisition, distribution, contribution, and transmission activities.

The growing popularity of live sports, global entertainment programming, news broadcasting, and digital content services has reinforced demand for advanced satellite communication solutions. Media organizations are increasingly leveraging satellite networks to ensure uninterrupted service delivery and maintain high-quality viewer experiences across diverse markets.

North America Maintains Regional Leadership

North America emerged as the largest regional market in 2025, accounting for 34.5% of global revenue. The region benefits from strong technological infrastructure, significant investments in space and satellite programs, high broadband adoption rates, and the presence of major industry participants.

Government initiatives, defense spending, commercial satellite deployments, and continued innovation in satellite communications technologies continue to strengthen North America’s leadership position.

Meanwhile, Asia Pacific is expected to be the fastest-growing regional market throughout the forecast period from 2026 to 2033. Rapid digitalization, expanding telecommunications infrastructure, rising internet penetration, and increasing government investments in connectivity projects are driving regional growth.

Countries across Asia Pacific are actively pursuing satellite-enabled connectivity solutions to support economic development, bridge digital divides, and enhance national communication capabilities.

The United States accounted for the largest country-level market share in 2025, supported by robust industry investments, technological innovation, and strong demand from commercial, government, and defense sectors.

Browse more Satellite Industry Research report by Grand View Research

Competitive Landscape

The satellite communication market remains highly dynamic, with industry participants focusing on constellation expansion, capacity enhancement, technological innovation, strategic partnerships, and service diversification. Market leaders are investing heavily in next-generation satellite systems, software-defined networking capabilities, and integrated communication platforms designed to meet evolving customer requirements.

As demand for global connectivity continues to increase, competition is expected to intensify across broadband, mobility, enterprise, government, and media communication segments.

Industry Outlook

The satellite communication market is positioned for substantial long-term growth as connectivity becomes increasingly essential to economic development, digital transformation, and global communication infrastructure. With market revenue expected to increase from USD 107.4 billion in 2026 to USD 223.0 billion by 2033, industry stakeholders are expected to benefit from expanding opportunities across commercial, public sector, and emerging technology applications.

The convergence of advanced satellite architectures, expanding LEO networks, growing broadband demand, and increasing reliance on resilient communication systems is expected to shape the next phase of industry evolution and create significant value across the global satellite communication ecosystem.

To learn more about growth opportunities in the Satellite Communication Market, access the full report from Grand View Research

About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

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Grand View Research, Inc.

Phone: 1-415-349-0058

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Email: sales@grandviewresearch.com

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Keeper Security Launches Integration With Wiz to Remediate Critical Cloud Vulnerabilities

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With new integration, Keeper’s identity security platform remediates vulnerabilities discovered by Wiz, enabling closed-loop protection across cloud environments.

CHICAGO, June 16, 2026 /PRNewswire/ — Keeper Security, the leading zero-trust and zero-knowledge identity security and Privileged Access Management (PAM) platform, today announces a new integration with Wiz, a leading cloud and AI security platform that is now part of Google Cloud. Joining the Wiz Integration Network establishes Keeper as a remediation engine for identity security vulnerabilities discovered by Wiz, closing the loop between cloud security detection and active risk resolution. When Wiz identifies an identity-related vulnerability, spanning human users, machine identities, AI agents and database accounts, it automatically surfaces the finding in Keeper’s Cloud Security dashboard, where security teams can review and remediate each issue directly within KeeperPAM®.

As cloud environments grow more complex, organizations face an expanding attack surface driven by the rapid proliferation of Non-Human Identities (NHIs), autonomous AI agents and over-privileged service accounts. Wiz surfaces these risks with unmatched cloud visibility and Keeper provides joint customers with an automated, trusted path from discovery to remediation.

“Finding a vulnerability is the first half of the battle,” said Craig Lurey, CTO and Co-founder of Keeper Security. “By integrating with Wiz, Keeper helps customers rotate compromised credentials, enforce privileged access management and reduce over-permissioned identities, turning Wiz’s detection power into faster, more decisive risk reduction. This is the future of cloud security – detection and remediation working as one, giving security teams a clear path from vulnerability discovery to resolution across the identities and workloads that matter most.”

“We’re happy to welcome Keeper to the Wiz Integration Network,” said Oron Noah, VP of Product, Extensibility & Partnerships at Wiz. “Together, we’re helping customers connect cloud risk findings with privileged access controls, making it easier to move from discovery to remediation. By bringing cloud visibility and access management into a unified workflow, teams can better secure both human and machine identities at scale.”

At the heart of the integration is a real-time workflow that transforms Wiz’s Issues into Keeper-driven remediation actions. When a Wiz customer enables the Keeper integration, Wiz scans the cloud environment for identity security vulnerabilities within Keeper’s remediation scope. Security teams can then select a finding and execute the appropriate remediation action through KeeperPAM:

Rotate compromised credentials and vault updated secretsBring unmanaged accounts under PAM governanceReduce excessive privileges for users, service accounts and IAM rolesMap Wiz Issues to existing PAM records or onboard new resourcesSubmit resolutions back to Wiz to close the loop on each finding

This tight integration bridges the gap between cloud security detection and identity security remediation, giving security teams a single, closed-loop workflow. Rather than manually triaging Wiz Issues and separately executing remediation steps in Keeper, KeeperPAM works alongside Wiz by automatically receiving identity-related Issues and streamlining the remediation steps. For teams, this results in accelerated Mean Time To Remediation (MTTR) and a dramatically reduced window of exposure before a vulnerability can be exploited.

The integration is especially powerful in AI-native environments, where autonomous agents and service accounts can rapidly accumulate excessive permissions across cloud infrastructure. Wiz’s AI Application Protection Platform (AI-APP) detects over-privileged AI agents, insecure service configurations and other AI-native risks. Keeper serves as a designated remediation engine, enforcing least privilege policies and enabling just-in-time access controls for AI agents in response. Together, they secure the full AI lifecycle from code to runtime, without requiring manual intervention from security teams.

Key benefits include:

Streamlined Identity Remediation: When Wiz discovers an identity security vulnerability, Keeper takes action – rotating compromised credentials, enforcing PAM controls and reducing excess privileges – streamlining the steps between detection and resolution.Closed-Loop Security Workflow: Connect Wiz’s industry-leading cloud and AI vulnerability detection directly to Keeper’s privileged access management platform for a complete detect-to-remediate pipeline that operates at cloud scale.Accelerated Mean Time to Remediation: By accelerating response to identity vulnerabilities at the moment of discovery, organizations dramatically shrink the window of exposure and reduce the risk of breach escalation.Comprehensive Identity Coverage: Remediation scope covers the full range of identity types, including human users, machine identities, AI agents and database accounts, ensuring no privileged entity goes unmanaged across cloud environments.

KeeperPAM, Keeper’s cloud-native privileged access management platform, unifies password, secrets and connections management with zero-trust network access, endpoint privilege management and remote browser isolation in a single solution. Built on a zero-trust and zero-knowledge architecture, KeeperPAM provides real-time visibility, automated credential security and AI-powered session monitoring to help organizations prevent breaches and maintain compliance across hybrid and multi-cloud environments.

By connecting detection directly to remediation, Keeper and Wiz give security teams the confidence that cloud risks are not just visible, but actively resolved. KeeperPAM’s zero-trust architecture ensures every remediation action maintains a verifiable chain of custody – from Wiz’s initial finding through to Keeper’s corrective action – supporting both continuous compliance and audit readiness.

Keeper’s integration with Wiz is available now. Review the full release notes in the Keeper documentation.

About Keeper Security
Keeper Security is the leading zero-trust and zero-knowledge identity security solution, trusted by millions of people and thousands of organizations globally. KeeperPAM® is Keeper’s privileged access management platform that unifies password and passkey management, secrets management, privileged session management and endpoint privilege management in a single cloud-native platform, protected with quantum-resistant encryption. KeeperAI delivers real-time, AI-native threat detection across every privileged session. As AI agents proliferate and identity becomes the defining attack surface, Keeper governs access for humans, machines, non-human identities and AI agents, serving as the unified control plane for access, compliance and visibility across the enterprise. For more information, visit KeeperSecurity.com.

Learn more: KeeperSecurity.com

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Media Contact
Katherine Benfield
ICR for Keeper Security
keepersecurity@icrinc.com

 

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Benzinga Launches Institutional Portfolio Intelligence API for Faster Institutional Ownership Intelligence

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DETROIT, June 16, 2026 /PRNewswire/ — Benzinga, a leading provider of market intelligence and financial data APIs, today announced the launch of its Institutional Portfolio Intelligence API. The new dataset is designed to help brokerages, fintech platforms, quantitative researchers, and investor applications uncover signals hidden within hedge fund and institutional portfolios.

The dataset provides institutional holdings, capital flow trends, portfolio analytics, and ownership intelligence across more than 11,000 U.S. equities and ETFs. It delivers portfolio intelligence covering more than 8,000 hedge funds and institutional managers representing over $50 trillion in assets under management.

Unlike many institutional ownership datasets that refresh on quarterly reporting cycles, Benzinga’s Institutional Portfolio Intelligence API instantly incorporates newly filed 13F disclosures as they become available. Firms can use this data to identify emerging trends, monitor shifts in institutional conviction, and uncover actionable insights from large-scale portfolio activity sooner.

As investors seek deeper insights beyond traditional market data, understanding how professional money managers allocate capital has become an increasingly valuable source of intelligence.

“While institutional holdings are reported quarterly, the market doesn’t wait for quarterly data refreshes,” said Clint Rhea, Manager of Institutional and Channel Partnerships at Benzinga. “Our Institutional Portfolio Intelligence API captures new 13F disclosures as they are filed, allowing clients to identify position initiations, exits, and conviction changes from some of the world’s largest investors as quickly as possible. Whether you’re monitoring a crowded short, tracking institutional accumulation, validating an investment thesis, or understanding how professional money managers are allocating capital, speed and breadth of coverage matter. This dataset delivers on all of them.”

Key capabilities of the Institutional Portfolio Intelligence API include:

Institutional holdings and portfolio dataOwnership trends and capital flow analysisConsensus fund positioning insightsPortfolio concentration and allocation analyticsOutlier trade and conviction signal identificationHistorical coverage dating back to 2013Coverage across 11,000+ U.S. equities and ETFs (and 20,000+ delisted tickers)Fund sentiment by ticker, theme, industry or sectorFund performance and copy-traded returnsFund P/L and other fund manager metricsReal-time raw filings and insights

The dataset is designed for integration into brokerage platforms, portfolio research tools, screening applications, quantitative models, and investor-facing experiences. Available via API, WebSockets, and flat file delivery, the solution enables firms to incorporate institutional intelligence directly into their products and workflows.

The launch further expands Benzinga’s growing suite of institutional-grade market data solutions, helping clients build more informed investing experiences powered by actionable intelligence, alternative datasets, and more timely visibility into institutional portfolio activity.

About Benzinga

Benzinga is a leading financial media and data technology company that empowers investors with high-quality, real-time market intelligence. Through its news platform, APIs, and data products, Benzinga provides traders, financial institutions, and fintech platforms with the insights they need to make smarter investment decisions. From breaking news and analyst ratings to corporate events and alternative datasets, Benzinga’s tools help market participants stay ahead of the information that drives price movement.

To learn more, visit www.benzinga.com/apis/.

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Made Card and Multiply Mortgage Partner to Extend Homeowner Benefits Beyond Closing Day

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NEW YORK, June 16, 2026 /PRNewswire/ — Made Card, the first credit card purpose-designed for the homeowner, today announced a partnership with Multiply Mortgage, the leading provider of homeownership benefits, helping employees across 1,200+ employers finance homes with lower rates and concierge-level support through their workplace.

Made is designed for what comes after closing day. Multiply connects employees to expert loan advisors and competitive rates through a workplace benefit. Made picks up where the mortgage leaves off, turning unavoidable home costs into a measurable financial return. Through the partnership, homebuyers who finance with Multiply will receive access to a suite of exclusive benefits built for new homeowners including a sign-on bonus redeemable toward closing costs and elevated cashback on mortgage payments, utilities, maintenance, and repairs.

“This partnership is a personal one for me,” said Alex Song, Co-Founder of Made Card. “Two years ago, Multiply helped me buy my own home, and I believed in what they were building so much that I became one of their earliest investors. Today we get to build together as operators. Multiply reaches homebuyers at the exact moment they are making the largest financial decision of their lives, and they do it with a level of care I experienced firsthand. Connecting that moment to Made is exactly what this card was built for.”

“Multiply exists to make homeownership more accessible and less stressful, and Made Card extends that mission past closing day,” said Michael White, Co-Founder and CEO of Multiply Mortgage. “Our clients are navigating the biggest purchase of their lives. Pairing that with a card built around what owning actually costs is exactly the benefit our customers deserve.”

About Made Card
Made is building the first credit card purpose-designed for the homeowner’s expenses: the predictable bills, the unexpected ones, and the administrative and emotional weight that no existing financial product was built to address. Turning that unavoidable cost into a measurable financial return, Made addresses a spend category every other card ignores and is building the next-gen home ecosystem.

About Multiply Mortgage
Multiply Mortgage helps employees navigate the largest purchase of their lives: buying a home. Multiply’s financial wellness benefit offers mortgage interest rate discounts and personalized guidance throughout the home financing process, all with zero cost or administrative overhead for the company.

Media Contact
media@madecard.com
madecard.com

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