LEO Satellite Communications Services Spending to Reach $14.8 Billion in 2026

LEO satellite communications services spending to reach $14.8 billion in 2026

New Delhi:  Low earth orbit (LEO) satellite communications services spending is expected to reach $14.8 billion globally in 2026 — an increase of 24.5 per cent from 2025, a report showed on Wednesday. LEO satellites orbit closer to the Earth than traditional satellite technology, providing faster connections and lower latency. This allows them to deliver high-speed broadband and complement traditional terrestrial networks. The market is entering…

Gartner Forecasts LEO Satellite Communications Services Spending to Hit $14.8bn Globally in 2026

SYDNEY, Australia, July 30, 2025 - End-user spending on low Earth orbit (LEO) satellite communications services is expected to reach $14.8 billion globally in 2026, an increase of 24.5% from 2025, according to Gartner, Inc.  "LEO satellites have primarily delivered broadband connectivity to remote locations where traditional networks don't reach," said Khurram Shahzad, Senior Director Analyst at Gartner. "However, new consumer and business use c…