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Satelitte Telecommunications Services in Europe - Market Size, Industry Analysis, Trends and Forecasts (2024-2029)

ISIC 613 March 2024 Spotlight Report

Revenue

€15.5bn

2019-2024 0.1 %
2024-2029 X.X %

Employees

33,142

2019-2024 2.4 %
2024-2029 X.X %

Businesses

1,343

2019-2024 4.7 %
2024-2029 X.X %

Profit

€X.Xbn

2019-2024 X.X %

Profit Margin

XX.X%

2019-2024 X.X pp

Wages

€X.Xbn

2019-2024 X.X %
2024-2029 X.X %

Satelitte Telecommunications Services in Europe industry analysis

Europe's satellite telecommunications services industry is experiencing increased demand for reliable, fast broadband and communications services. Satellite telecoms operators benefit from consistent demand for telecommunications and earth observation services for critical operations conducted by government bodies, defence departments, energy companies and maritime operators. However, adverse economic conditions have weighed on demand and spending by commercial clients and consumers. Revenue is projected to inch upwards at a compound annual rate of 0.1% to €15.5 billion over the five years through 2024, including a projected 2.7% drop in 2024.

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  • Market estimates from 2014 - 2029
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About Spotlight Reports

Industry Statistics and Trends

Satelitte Telecommunications Services in Europe key trends

European companies are harnessing LEO satellites for better connectivity.

 

Companies are investing in LEO constellations to enhance telecommunication services in various industries, reducing Europe's reliance on GEO satellites.

Satellite firms are boosting service quality through AI advancements.

 

By automating and optimising satellite operations, European companies hope to improve telecommunications services and enhance weather predictions, disaster management and military surveillance.

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Satelitte Telecommunications Services in Europe

Industry Revenue

Total value and annual change from 2011-2029. Includes 5-year outlook.

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Satelitte Telecommunications Services in Europe market size (2019-2024)

Industry revenue has grown at a CAGR of 0.1 % over the past five years, to reach an estimated €15.5bn in 2024.

Trends and Insights

Skyrocketing demand for connectivity drives satellite telecoms while satellite TV suffers

  • Europe is experiencing an accelerated demand for broadband connectivity. Remote work and learning, streaming services and telemedicine have fuelled demand for reliable access.

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Satelitte Telecommunications Services in Europe outlook (2024-2029)

Market size is projected to grow over the next five years.

Satellite advancements and the digitalisation trend will drive demand

  • The use of LEO satellites will expand in the coming years. Companies like France's Eutelsat are launching Konnect VHTS, an advanced satellite to provide high-speed broadband across Europe, and Italy’s Planetek is investing in LEO satellites due to their lower latency and higher data transmission capabilities.

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Revenue

€15.5bn

2019-2024 0.1 %
2024-2029 X.X %

Employees

33,142

2019-2024 2.4 %
2024-2029 X.X %

Wages

€X.Xbn

2019-2024 X.X %
2024-2029 X.X %

European Leaders & Laggards

Europe Job Growth CAGR: 2.4 % *
  • Job Growth

Top 5 Countries

  1. Russia +24.6%
  2. Lithuania +11.8%
  3. Slovakia +9.6%
  4. Cyprus +9.0%
  5. Germany+8.4%

Bottom 5 Countries

  1. Serbia -53.8%
  2. Hungary -22.9%
  3. Romania -12.3%
  4. Denmark -10.7%
  5. Czechia -7.0%

* CAGR values are for the years 2019-2024.

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Biggest companies in the Satelitte Telecommunications Services in Europe

Company
Market Share (%)
2024
Revenue (€m)
2024
Profit (€m)
2024
Profit Margin (%)
2024
Airbus SE
63,558.1
6,086.2
9.6
SES SA
1,932.8
150.7
7.8
Eutelsat SA
1,216.2
647.3
53.2

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Satelitte Telecommunications Services in Europe

Products & Services Segmentation

Industry revenue broken down by key product and services lines.

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Top Questions Answered in this Report

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What is the market size of the Satelitte Telecommunications Services industry in Europe in 2024?

The market size of the Satelitte Telecommunications Services industry in Europe is €15.5bn in 2024. 

How many businesses are there in the Satelitte Telecommunications Services in Europe industry in 2024?

There are 1,343 businesses in the Satelitte Telecommunications Services industry in Europe, which has grown at a CAGR of 4.7 % between 2019 and 2024.

Has the Satelitte Telecommunications Services industry in Europe grown or declined over the past 5 years?

The market size of the Satelitte Telecommunications Services industry in Europe has been growing at a CAGR of 4.7 % between 2019 and 2024. 

What is the forecast growth of the Satelitte Telecommunications Services industry in Europe over the next 5 years?

Over the next five years, the Satelitte Telecommunications Services industry in Europe is expected to grow.

What are the biggest companies in the Satelitte Telecommunications Services market in Europe?

The biggest companies operating in the Satelitte Telecommunications Services market in Europe are Airbus SE, SES SA and Eutelsat SA

What does the Satelitte Telecommunications Services in Europe include?

Broadcasting and Communications are part of the Satelitte Telecommunications Services industry.

Which companies have the highest market share in the Satelitte Telecommunications Services in Europe?

The company holding the most market share in Europe is Airbus SE.

Which countries have the most businesses in the Satelitte Telecommunications Services industry in Europe?

The European country with the most businesses in the Satelitte Telecommunications Services industry is Spain.

How competitive is the Satelitte Telecommunications Services industry in Europe?

The level of competition is moderate and increasing in the Satelitte Telecommunications Services industry in Europe.

Related Industries

This industry is covered in 37 countries

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Table of Contents

About this industry

Industry definition

Players in this industry operate, maintain and provide access to satellite infrastructure to transmit voice, data, text, sound and video. They may also transmit visual, aural or textual programming to consumers via direct-to-home satellite systems.

Related Terms

GEOSTATIONARY ORBIT (GEO)LOW EARTH ORBIT (LEO)DIRECT-TO-HOME

What's included in this industry?

BroadcastingCommunicationsEarth observation, meteorology, astronomy and reconnaissance satellites

Companies

Airbus SESES SAEutelsat SA

Industry Code

ISIC 2006

613 - Satellite telecommunications activities in Europe

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Performance

Key Takeaways

Skyrocketing demand for connectivity drives satellite telecoms while satellite TV suffers

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Revenue Highlights

Trends
  • Revenue
  • 2024 Revenue CAGR
  • Revenue Volatility

Employment Highlights

Trends
  • Employees
  • Employees per Business
  • Revenue per Employee

Business Highlights

Trends
  • Businesses
  • Employees per Business
  • Revenue per Business

Profit Highlights

Trends
  • Total Profit
  • Profit Margin
  • Profit per Business

Current Performance

Charts
  • Revenue in the Satelitte Telecommunications Services in Europe industry (2011 -2029)
  • Employees in the Satelitte Telecommunications Services in Europe industry (2011 -2029)
  • Business in the Satelitte Telecommunications Services in Europe industry (2011 -2029)
  • Profit in the Satelitte Telecommunications Services in Europe industry (2011 -2029)
Analysis

What's driving current industry performance in the Satelitte Telecommunications Services in Europe industry?


Outlook

Analysis

What's driving the Satelitte Telecommunications Services in Europe industry outlook?


Volatility

Analysis

What influences volatility in the Satelitte Telecommunications Services in Europe industry?

Charts
  • Industry Volatility vs. Revenue Growth Matrix

Life Cycle

Analysis

What determines the industry life cycle stage in the Satelitte Telecommunications Services in Europe industry?

Charts
  • Industry Life Cycle Matrix

Products and Markets

Highlights

Trends
  • Largest Market
  • Product Innovation

Key Takeaways

Public sector's demand for satellite telecoms services remains consistent. Despite fluctuations in economic conditions, government agencies continue to invest in these critical services for efficient operations, national security and various other communications needs.

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Products and Services

Charts
  • Products and Services Segmentation
Analysis

How are the Satelitte Telecommunications Services in Europe industry's products and services performing?

Analysis

What are innovations in the Satelitte Telecommunications Services in Europe industry's products and services?


Major Markets

Charts
  • Major Market Segmentation
Analysis

What influences demand in the Satelitte Telecommunications Services in Europe industry?


International Trade

Highlights

  • Largest Importer
  • Smallest Importer
  • Total Imports into Europe
  • Largest Exporter
  • Smallest Exporter
  • Total Exports into Europe
Heat maps
  • Industry Concentration of Imports by Country
  • Industry Concentration of Exports by Country
Data Tables

Value and annual change (%) included

  • Number of Imports and Exports by European Country (2024)

Geographic Breakdown

Business Locations

Heat maps
  • Share of Total Industry Revenue by Region (2024)
  • Share of Total Industry Enterprises by Region (2024)
  • Share of Total Industry Employment by Region (2024)
  • Share of Total Industry Wages by Region (2024)

Industry Geographic Breakdown

Data Tables

Values and annual change provided for 37 European countries:

  • Revenue (2024)
  • IVA (2024)
  • Enterprises (2024)
  • Employment (2024)
  • Exports (2024)
  • Imports (2024)

Competitive Forces

Highlights

Trends
  • Concentration
  • Competition
  • Barriers to Entry
  • Substitutes
  • Buyer Power
  • Supplier Power

Key Takeaways

Technological advancements and superior service drive market concentration. Larger, successful operators leverage their scalability, innovation and customer-focused services for competitive advantage, cementing their market share.

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Supply Chain

Charts

Buyer and supply industries

Companies

Market Share

Charts
  • Industry Market Share by Company (2019-2024)

Companies

Data Tables

Top 10 companies by market share:

  • Market share (2024)
  • Revenue (2024)
  • Profit (2024)
  • Profit Margin (2024)

Data Tables
  • Countries of operation for Airbus SE
  • Countries of operation for SES SA
  • Countries of operation for Eutelsat SA
  • Countries of operation for Inmarsat Global Ltd
  • Countries of operation for Telespazio Spa
  • Countries of operation for Intelsat SA
  • Countries of operation for Arqiva Group Ltd
  • Countries of operation for Spaceopal GmbH
  • Countries of operation for Hispasat SA
  • Countries of operation for OHB SE

External Environment

Highlights

Trends
  • Regulation & Policy
  • Assistance

Key Takeaways

European satellite telecoms face strict regulatory frameworks. These rules, dictated primarily by the European Space Agency and national authorities, dictate licencing, spectrum usage, and environmental impacts.

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External Drivers

Analysis

What demographic and macroeconomic factors impact the Satelitte Telecommunications Services in Europe industry?

Financial Benchmarks

Highlights

Trends
  • Profit Margin
  • Average Wage
  • Largest Cost

Key Takeaways

The satellite industry's profitability faces challenges from high costs and competition. These hurdles include substantial capital requirements for infrastructure and tech, intense market competition pressuring prices and regulations.

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Cost Structure

Charts
  • Share of Economy vs. Investment Matrix
  • Industry Cost Structure Benchmarks:
    • Marketing
    • Depreciation
    • Profit
    • Purchases
    • Wages
    • Rent
    • Utilities
    • Other
Analysis

What trends impact cost in the Satelitte Telecommunications Services in Europe industry?


Key Ratios

Data tables
  • IVA/Revenue (2014-2029)
  • Imports/Demand (2014-2029)
  • Exports/Revenue (2014-2029)
  • Revenue per Employee (2014-2029)
  • Wages/Revenue (2014-2029)
  • Employees per Establishment (2014-2029)
  • Average Wage (2014-2029)

Country Benchmarks

European Leaders & Laggards

Data Tables

Top and boottom five countries listed for each:

  • Revenue Growth (2024)
  • Business Growth (2024)
  • Job Growth (2024)

European Country Performance

Data Tables

Rankings available for 37 countries. Statistics ranked include:

  • IVA/Revenue (2024)
  • Imports/Demand (2024)
  • Exports/Revenue (2024)
  • Revenue per Employee (2024)
  • Wages/Revenue (2024)
  • Employees per Establishment (2024)
  • Average Wage (2024)

Structural Comparison

Data Tables

Trends in 37 countries benchmarked against trends in Europe

  • Concentration
  • Competition
  • Barriers to Entry
  • Buyer Power
  • Supplier Power
  • Volatility
  • Capital Intensity
  • Innovation
  • Life Cycle

Key Statistics

Industry Data

Data Tables

Including values and annual change:

  • Revenue (2014-2029)
  • IVA (2014-2029)
  • Establishments (2014-2029)
  • Enterprises (2014-2029)
  • Employment (2014-2029)
  • Exports (2014-2029)
  • Imports (2014-2029)
  • Wages (2014-2029)

Methodology

Where does IBISWorld source its data?

IBISWorld is a world-leading provider of business information, with reports on 5,000+ industries in Australia, New Zealand, North America, Europe and China. Our expert industry analysts start with official, verified and publicly available sources of data to build an accurate picture of each industry.

Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and IBISWorld's proprietary database of statistics and analysis to provide balanced, independent and accurate insights. 

IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools.

To learn more about specific data sources used by IBISWorld's analysts globally, including how industry data forecasts are produced, visit our Help Center.