Washington, D.C., May 13, 2026 – The Satellite Industry Association (SIA) today announced the release of its 29th annual State of the Satellite Industry Report (SSIR), a global summary of the commercial satellite industry. For nearly three decades, SIA has published the leading analysis of the satellite industry’s economic performance. Produced by BryceTech, the 2026 SSIR derives from proprietary surveys of satellite companies, in-depth public information, and independent analysis, combined to assess the performance of sectors including satellite services, manufacturing, ground equipment, plus space sustainability and launch services.
During 2025, the industry continued to grow at an unprecedented rate as a record number of 296 launches deployed 4,434 satellites into Earth orbit. A total of 14,266 operational satellites were circling the globe at the end of the year.
Key Revenue and Industry Segment Takeaways from the New Report:
- During 2025, the overall global space economy grew by 3 percent, generating revenue of $429 billion. The commercial satellite industry continued to be dominant, increasing to US$ 303 billion and accounting for 71 percent of the world’s space business.
- Launch Services – A total of 325 launches (including 296 commercially procured for satellites) were conducted in 2025 and worldwide commercial launch revenues increased to US$ 12.4 billion, an increase of 33 percent compared with 2024.
- Satellite Manufacturing – 4,434 commercially manufactured satellites were launched during the year and satellite manufacturing revenues marginally grew to $20.4 billion in 2025. During the year, U.S. firms manufactured 83 percent of the commercially procured satellites.
- Satellite Services – Global satellite broadband subscriber growth increased by 62 percent to over 10 million in 2025 and revenue increased by 16 percent. Combined with a 4 percent increase in remote sensing revenues, satellite services revenue totaled US$ 105.0 billion during 2025.
- Satellite Ground Segment – Continued annual growth in satellite ground network and global navigation satellite services (GNSS) equipment revenues of 8% and 6% respectively helped generate a total of $165.2 billion in 2025, an increase of 6 percent over the previous year.
- Space Sustainability Activities – Commercial satellite sustainability activities generated significant revenue during the year, and this accounted for approximately $500 million in revenue during 2025, an estimated increase of nearly 43 percent.
“In 2025, thanks to continued innovation and investment, the commercial satellite industry further expanded at a historic rate,” said Tom Stroup, president of the Satellite Industry Association. “Not only is the number of satellites increasing, space-based assets are more productive than ever before and can do more at a lower cost to manufacture and deploy. Increased utility and new capabilities will continue to benefit the hundreds of millions of Americans and billions of global customers that already rely on satellites every day.”
Mr. Stroup added, “America’s industry leadership position continued in 2025 as U.S. firms manufactured 83% of commercially procured satellites launched in 2025 while American launch companies captured 63% of the launches conducted throughout the year and 59 percent of commercially-procured launch revenue. At the end of 2025, American companies continued to wholly or partially operate more than 70 percent of the total number of satellites circling the globe. SIA is proud to continue to represent and advocate on behalf of the domestic satellite industry and we look forward to continuing to work with U.S lawmakers and regulators to help ensure continued industry innovation, investment and America’s continued domination of the global space economy.”
To view the executive summary slide of this year’s SIA State of the Satellite Industry Report, click Here. All SIA members receive a complimentary copy of the annual report. For all others who wish to purchase a copy of the complete report or for more information, please visit the SSIR website page Here
