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- Low-earth orbit (LEO) systems are increasingly attractive to businesses (especially SMEs) and to domestic subscribers all over the world
- The value of the sector is forecast to grow by almost 25% to hit US$14.8bn by 2026
- LEO services for global IoT connectivity will also grow by 32% in the same period
- Meanwhile, geostationary-orbit satellites (GEOs) retain their own advantages, bringing about a trend towards the ‘complementarity’ of satellite systems
Low-earth orbit (LEO) satellite, high-speed broadband comms services are well on their way to being mainstream with LEO constellations becoming not only a broadband technology of choice for enterprises but also gaining traction with ordinary consumers as they too begin to appreciate the benefits that satellite-based domestic connectivity can confer.
A new report from research house Gartner, ‘Market trend: Emerging use cases for LEO satellite communication services’, forecasts that in 2026 the sector will be worth US$14.8bn globally, demonstrating a remarkable 24.5 % increase on this year’s figures.
