How big is the India Satellite Communication Market?

The India Satellite Communication Market size is expected to reach USD 2.62 billion in 2024 and grow at a CAGR of 17.27% to reach USD 5.80 billion by 2029. Read More

What is the current India Satellite Communication Market size?

In 2024, the India Satellite Communication Market size is expected to reach USD 2.62 billion. Read More

Who are the key players in India Satellite Communication Market?

Hughes Communications India Ltd., Tata Communications, ViaSat Inc, OneWeb and Bharti Airtel Limited are the major companies operating in the India Satellite Communication Market. Read More

What years does this India Satellite Communication Market cover, and what was the market size in 2023?

In 2023, the India Satellite Communication Market size was estimated at USD 2.17 billion. The report covers the India Satellite Communication Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the India Satellite Communication Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

India Satellite Communication Market Share

Statistics for the 2023 & 2024 India Satellite Communication market share, created by Mordor Intelligence™ Industry Reports. India Satellite Communication share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of India Satellite Communication Industry

The market is moderately consolidated, with several vendors competing to gain significant market presence through organic growth strategies such as collaborations, partnerships, and new launches, some of which are mentioned below.

September 2022 - Hughes Communications India (HCI) announced the launch of a high-throughput satellite (HTS) service, utilizing the GSAT satellites of the Indian Space Research Organisation (ISRO). The Hughes HTS service provides high-speed broadband nationwide, including the most distant regions, by combining Ku-band from ISRO's GSAT-11 and GSAT-29 satellites with the business's Jupiter platform.
September 2022 - Jio Infocomm's satellite unit announced receiving a letter of intent (LoI) from the Telecom Department for satellite communication services. The licenses are for a period of 20 years, and the offering under GMPCS includes voice and data services via satellite.