Connect with us

Technology

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

Published

on

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.

Get Sample of this Research report for more Insights

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.

Explore Grand View Brainshare – Delivering value and creating impact for our clients through actionable business insights

Contact:

Michelle Thoras

Corporate Sales Specialist, USA

Grand View Research, Inc.

Phone: 1-415-349-0058

Toll Free: 1-888-202-9519

Email: sales@grandviewresearch.com

Web: https://www.grandviewresearch.com

Follow Us: LinkedIn | Twitter

Blog – https://globalindustryherald.com/

View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/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-302800617.html

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

Ravelin Defense Launches Unified Brand Identity, Marking the Completion of ArmorWorks and Fox Valley Metal Tech Integration

Published

on

By

CHANDLER, Ariz., June 16, 2026 /PRNewswire/ — ArmorWorks Enterprises and its wholly-owned subsidiary Fox Valley Metal Tech (“FVMT”) announced today the completion of their brand integration under a unified identity: Ravelin Defense. The launch marks the culmination of the strategic integration effort following the 2024 acquisition of Fox Valley Metal Tech and its combination with ArmorWorks Enterprises, bringing together more than six decades of combined defense manufacturing expertise under one name, one brand, and one go-to-market platform. Ravelin Defense is a portfolio company of Littlejohn Capital.

About the Name
The name Ravelin Defense draws from a defense architectural reference. A ravelin is a forward-positioned, triangular fortification — a structure engineered to provide layered protection and absorb a threat before it reaches the core. The name reflects both the nature of what the company builds and how it thinks about its role in the defense industrial base.

A Platform Built on Two Proven Legacies
ArmorWorks Enterprises spent more than 30 years building its reputation as a trusted provider of survivability solutions — delivering armor systems, blast attenuating seating, crew protection, nuclear protection, and mission-critical products to the U.S. military and global defense partners. Fox Valley Metal Tech built a complementary organization as a precision metal fabricator with advanced manufacturing capabilities serving defense and industrial customers with large, complex, tight-tolerance precision enclosures. Acquired by ArmorWorks in 2024 and operating as a wholly owned subsidiary since, FVMT’s integration added manufacturing depth and precision fabrication capacity and a significant maritime customer base that materially broadened what the combined platforms support.

Since the acquisition, the two businesses have operated as one company under a unified leadership team and common strategy. All customer relationships, contracts, certifications, and points of contact remain unchanged.

Strategic Rationale
The Ravelin Defense brand reflects the completion of a deliberate platform-building strategy. The integrated company offers a unified capability spanning survivability structures, armor, precision enclosures, blast attenuating seating, nuclear security systems, signature management, and situational awareness solutions — delivered through two established locations and one cohesive leadership team. That combination positions Ravelin Defense to pursue larger, multi-domain defense programs at a scale the businesses could not have accessed independently.

Kevin Dahlin, Chief Executive Officer of Ravelin Defense says, “ArmorWorks and Fox Valley Metal Tech each built substantial credibility over the past three decades — proven capability, hard-won customer trust, and a standard of quality that defines who we are. We have been one company since 2024, and Ravelin Defense is the name that reflects that reality in the market. Operating under a unified identity gives our customers a clearer picture of the full scope of what we can deliver across Land, Sea, and Air — and opens doors to program opportunities that match the scale of what we have built.

The name has changed, but the mission remains constant: to protect and enable warfighters and global partners by delivering mission-critical and survivability solutions through innovative products and advanced manufacturing.”

About Ravelin Defense
Ravelin Defense is an integrated survivability and precision manufacturing platform serving the U.S. defense market and global partners across Land, Sea, Air, and Infrastructure domains. The company delivers mission-critical and survivability solutions — including armor systems, blast attenuating seating, precision enclosures, nuclear security, signature management, survivability structures, and situational awareness capabilities — through innovative products and advanced manufacturing.

Ravelin Defense is headquartered in Chandler, Arizona, with manufacturing operations in Green Bay, WI.

ArmorWorks Enterprises and Fox Valley Metal Tech are operating units of Ravelin Defense. All existing contracts, certifications, registrations, and customer and supplier relationships remain in full effect under the new brand.

For more information, visit www.ravelindefense.com.

About Littlejohn Capital, LLC
Littlejohn Capital is the family office of Angus C. Littlejohn Jr., founder of Littlejohn & Co., where he currently serves as Chairman Emeritus. Founded in 2013, Littlejohn Capital seeks to make control investments in small to mid-sized private companies that are undergoing strategic, operational or generational transition. For more information, visit www.littlejohncapital.com

Media Contact
Chris Tofalli
Chris Tofalli Public Relations, LLC
914-834-4334
chris@tofallipr.com

View original content:https://www.prnewswire.com/news-releases/ravelin-defense-launches-unified-brand-identity-marking-the-completion-of-armorworks-and-fox-valley-metal-tech-integration-302800596.html

SOURCE Ravelin Defense

Continue Reading

Technology

F-Secure and IdentifAI Take Aim at AI-Generated Scams with Deepfake Protection Launch

Published

on

By

Real-time deepfake detection capabilities added to F-Secure’s Scam Protection Suite, helping service providers combat increasingly convincing AI-driven scams

HELSINKI and MILAN, June 16, 2026 /PRNewswire/ — Global consumer cyber security leader F-Secure and deepfake-detection experts IdentifAI have joined forces to help digital service providers combat the rapidly rising threat of AI-generated scams. Available now through the F-Secure Embedded portfolio, Deepfake Protection adds real-time detection of AI-generated images, video, and voice to F-Secure’s Scam Protection Suite, helping consumers determine what’s real and what’s not, while closing one of the fastest-growing gaps in global scam protection. 

AI-generated scams have quickly reached crisis levels: The FBI reports that Americans lost nearly $900 million to AI-generated scams in 2025. And according to F-Secure’s latest research, more than 56% of all consumers are targeted by scammers every month, with financial scam losses doubling in the last year alone.

Generative AI is pouring fuel on the fire: cloned voices, synthetic video, and hyper-realistic fake images are turning yesterday’s clumsy phishing attempts into convincing, personalized deception. The red flags aren’t obvious anymore, and consumers are increasingly left guessing whether what they’re seeing or hearing is real. This makes deepfake detection a critical new capability for service providers looking to help customers identify manipulated content before it can be used to scam them.

“A video, a voice message, a photo — things people once trusted instinctively can now be fabricated in minutes,” said Dimi Vellikok, SVP of Product Engagement at F-Secure. “The reality is that scam protection can’t stop at suspicious links and messages anymore. Consumers are increasingly being targeted with manipulated content, and service providers need tools that address those threats too. That’s exactly why we’ve partnered with IdentifAI: to give our partners real-time deepfake detection for the consumers they serve, as part of the protection they already trust.”

Protection built for the AI era

Deepfake Protection draws on IdentifAI’s multi-modal detection technology, which analyzes images, video, and voice in real time to flag AI-generated and manipulated content. IdentifAI takes a deliberately independent approach to the problem: the company exclusively detects AI-generated content and does not build generative models itself, avoiding the conflict of interest that affects vendors who do both. That focus lets its detection keep pace as new generative models reach the market.

“Our mission is to safeguard the fundamental human right to distinguish between the artificial and the human, ensuring we all engage with the world authentically,” said Marco Ramilli, IdentifAI Founder and CEO. “In partnering with F-Secure, we have turned this vision into reality—co-creating powerful, proven solutions to counter the threat of deepfakes.”

The partnership brings together F-Secure’s network of more than 200 service-provider partners and IdentifAI’s specialist deepfake detection technology. Together, the companies aim to make trustworthy, real-time content verification a standard part of everyday consumer protection, rather than a specialist tool solely reserved for enterprises. 

The future of scam protection, available now

Deepfake Protection is available to digital service providers as part of the F-Secure Embedded portfolio, the suite of consumer-security capabilities F-Secure delivers to its service-provider partners. Through the Embedded portfolio, providers can integrate deepfake detection into the security experiences they already offer without having to build new infrastructure of their own.

About F-Secure

F-Secure is a human-first, AI-powered consumer cyber security experience company with 38 years of expertise in tackling digital threats. We help digital service providers turn trust into a high-value growth engine — protecting their customers while enabling them to live their best digital lives in a world of relentless, AI-driven scams. With billions of digital interactions secured each year, tens of millions of consumers protected globally, and over $10bn in partner value created, we deliver proven impact at scale.

About IdentifAI

IdentifAI is an Italian startup that has developed an innovative AI platform capable of detecting whether images or videos were created by humans or generative AI. Its proactive solutions promote digital integrity, protect against misinformation, and empower users to distinguish between human and AI-generated content. In July 2025, identifAI raised €5 million in a funding round led by United Ventures, reflecting a continued commitment to developing anti-deepfake technologies and promoting a secure information ecosystem. For more information: www.identifai.net | sales@identifai.net

PRESS CONTACTS:
Meghan Sawyer
Senior Public Relations Manager, US
Meghan.Sawyer@f-secure.com

Joel Latto
Public Relations Manager, EMEA
Joel.Latto@f-secure.com

IdentifAI
pr.it@identifai.net | pr.uk@identifai.net

This information was brought to you by Cision http://news.cision.com.

https://news.cision.com/f-secure/r/f-secure-and-identifai-take-aim-at-ai-generated-scams-with-deepfake-protection-launch,c4364126

 

View original content:https://www.prnewswire.com/news-releases/f-secure-and-identifai-take-aim-at-ai-generated-scams-with-deepfake-protection-launch-302801586.html

SOURCE F-Secure

Continue Reading

Technology

Aviso Advances Technology Modernization with Broadridge’s Wealth Platform

Published

on

By

TORONTO, June 16, 2026 /CNW/ — Leading Canadian wealth services provider Aviso is collaborating with global Fintech leader Broadridge Financial Solutions, Inc. (NYSE: BR) to support the next phase of technology modernization for its Aviso Correspondent Partners business by deploying Broadridge’s Wealth Platform.

As part of its long-term strategic vision, and expanded multi-year relationship with Broadridge, Aviso is evolving the systems that support partners to enable modern, flexible technology that drives innovation, advisor productivity, and long-term growth while enhancing the overall client experience. This includes deepening its collaboration with Broadridge as part of a broader partner ecosystem.

Aviso will leverage Broadridge’s Wealth Platform, which provides a next-generation open API architecture and innovative Advisor Workstation components. The solution combines Broadridge’s technology and books and records engine with Aviso’s own capabilities and select third-party partner applications to offer a seamless, scalable experience for partners, advisors and clients.

“Our strategy is focused on delivering smarter, more agile digital experiences for our clients and advisors, while creating a strong foundation for future innovation,” said Bill Packham, President and Chief Executive Officer of Aviso. “Broadridge’s platform approach complements our vision by enabling us to integrate the best available capabilities across our own technology, Broadridge’s solutions, and other valued partners. This collaboration builds on our long-lasting relationship with Broadridge and positions us to deliver a future-ready platform that enhances advisor productivity and client experiences.”

“This expanded engagement with Aviso reflects our shared commitment to transforming and modernizing the wealth management ecosystem for advisors and their clients,” said Karin Kirkwood, President, Broadridge Canada. “We’re proud to deepen our collaboration with Aviso and play a key role in enabling their transformation. As a trusted provider of industry expertise and transformative technology, Broadridge supports large-scale modernization efforts across the financial services sector, helping forward-looking firms like Aviso lead with agility, confidence, and impact.”

The enhanced Advisor Workstation will increase advisor productivity, enable accelerated onboarding of new tools, reduce internal integration work and costs, and provide real-time access to data and insights while digitizing operations. Aviso will be better positioned to capitalize on growth opportunities while more easily responding to industry evolution and regulatory developments.

With an agile and scalable platform, Broadridge empowers wealth management firms to streamline operations, accelerate digital transformation, and unlock growth. As the Canadian wealth industry prioritizes modernization of their front- and middle-office operations, Broadridge’s integrated, future-ready platform serves as a strategic differentiator, enabling leading firms to shape the future of wealth management in Canada.  

About Broadridge

Broadridge Financial Solutions (NYSE: BR) is a global technology leader with trusted expertise and transformative technology, helping clients and the financial services industry operate, innovate, and grow. We power investing, governance, and communications for our clients – driving operational resiliency, elevating business performance, and transforming investor experiences.

Our technology and operations platforms process and generate over 7 billion communications annually and underpin the daily average trading of over $15 trillion in tokenized and traditional securities globally. A certified Great Place to Work®, Broadridge is part of the S&P 500® Index, employing over 15,000 associates in 21 countries.

For more information, visit www.broadridge.com.

About Aviso

Aviso is a leading wealth and investment services provider for the Canadian financial industry, with more than $220 billion in assets under administration and management as of May 31, 2026. Guided by our values — we care, we dare, we share, we deliver — we’re building a technology-enabled, client-centric wealth management ecosystem for partners, advisors and investors. Aviso supports over 4,600 advisors and nearly 900,000 investors.

Aviso works with over 450 partner organizations, including nearly all credit unions across Canada, as well as portfolio managers, investment dealers, insurance and trust companies, and introducing brokers. Our services include an investment and mutual fund dealer, insurance and estate planning, managed assets, online brokerage and automated investing, asset management, and custodial and carrying broker solutions. For more information, visit aviso.ca.

Media Contact:

Olivia Whalen
pro-BRWAM@prosek.com

 

SOURCE Broadridge Financial Solutions, Inc.

Continue Reading

Trending