UAE Satellite Communication Market Market Size (2024 - 2029)

UAE Satellite Communication Market Analysis

The UAE Satellite Communication Market size is estimated at USD 0.82 billion in 2024, and is expected to reach USD 1.23 billion by 2029, growing at a CAGR of 7.02% during the forecast period (2024-2029).

• The UAE satellite communications market is driven by the increasing demand for reliable and high-speed communications networks, the increasing development of low Earth orbit (LEO) satellites by leading market vendors, and the rising demand from various end-user industries.
• The COVID-19 pandemic has negatively affected the satellite communication industry in UAE owing to the supply chain disruptions and production challenges due to the lockdowns. However, satellite communications technology, including that deployed by the UAE's operators, has already played a pivotal role in the ability to host webinars, virtual gatherings, and meetings during COVID-19.
• The UAE satellite communication industry has witnessed substantial growth in the past few years with innovative launches coupled with growing demand from the country's public and private sectors for satellite communication services. According to the data from the TDRA, the UAE operates nine satellites and provides Mobile Satellite Service, Fixed Satellite Service, Broadcasting Satellite Service, and Remote Sensing services.
• Moreover, with the rising demand for enhanced connectivity, as technologies like IoT, AI, and blockchain are gaining significant traction in end-user industries, satellite connectivity can empower communities and businesses in the rapidly evolving digital landscape. Thus providing growth prospects for the studied market in the coming years.
• Further, factors like the growing demand for mobile broadband and the growing use of smartphones and smart wearable devices, coupled with the widespread adoption of 5G in the country, are expected to aid the growth of the market studied. Market vendors are indulging in the launch of innovative solutions, thus positively impacting the market's growth.
• For instance, in March 2023, Etisalat in the United Arab Emirates (UAE) launched the country's first 5G satellite communications solution in collaboration with Eutelsat. Etisalat has implemented Eutelsat's latesQuantum Ku-band satellite technology with the recently installed state-of-the-art Newtech Dialog Hub, enhancing the mobile network capability.

UAE Satellite Communication Industry Segmentation

Satellite communication is the transfer of data and information via satellites orbiting the Earth. It enables long-distance communication by relaying signals between ground stations and satellite receivers in orbit, enabling television broadcasts, internet access, and phone calls. The Satellite Communication (SATCOM) market is defined based on the revenues generated from the types that are being used in various end-use industries such as Maritime, Defense & Government, Enterprises, and Media & Entertainment, among other end-users. The analysis is based on the market insights captured through secondary research and the primaries. The market also covers the major factors impacting the growth of the market in terms of drivers and restraints.

The scope of the study has been segmented based on the type of satellite communication equipment and services ( ground equipment (a gateway, very small aperture terminal (VSAT) equipment, network operation center (NOC), and satellite newsgathering (SNG) equipment) and Services (mobile satellite services (MSS), fixed satellite services, and earth observation services), platform (Portable, Land, Maritime, and Airborne), and end-use industries (Maritime, Defense & Government, Enterprises, Media & Entertainment, and other end-users). Common satellite communication services include voice calling and internet access for different applications. The market sizes and forecasts are provided in terms of value (USD) for all the above segments.

The study tracks the key market parameters, underlying growth influencers, and major vendors operating in the industry, which supports the market estimations and growth rates over the forecast period. The study also tracks the revenue accrued through the sale of grown equipment and communication services that are being used in various end-user industries across geography. In addition, the study provides the SATCOM market trends, along with key vendor profiles. The study further analyses the overall impact of COVID-19 on the ecosystem.