The Global Satellite Internet Market Size accounted for USD 3,985 Million in 2021 and is estimated to achieve a market size of USD 17,431 Million by 2030 growing at a CAGR of 18.2% from 2022 to 2030.
One of the richest businessmen in the world is looking forward to providing satellite internet to the consumers. Elon Musk has been a part of this for a long time whereas Jeff Bezos is all set to join the movement. The telecom giant Bharti Airtel has also decided to step in and provide satellite internet. With all the powerful businesses stepping in, we can assume that the satellite internet is a big and a serious business. Elon Musk has launched the satellite internet service by the name of Musk’s Starlink; however, it is currently in the beta mode and it is being offered to very few customers in some countries. Bharti Airtel has announced that they will start the services from next year.