2024 Satellite Telecommunications Industry Statistics Report

Satellite Telecommunications - Market Size and Industry Forecast

The 2024 Satellite Telecommunications Industry Report contains historical and forecasted statistics used by leading private equity firms and consultants. Market sizes from 2019 to 2029 reflect industry trends and growth patterns. Revenues include both public and private companies in the Satellite Telecommunications industry.

Market Size (Total Revenue)


% Growth Rate
Number of Companies
Total Employees
Average Revenue per Company
Average Employees per Company
Source: U.S. government financial data.

Industry Revenue ($ Billions)

Industry Market Size
  • 2017
  • 2018
  • 2019
  • 2020
  • 2021
  • 2022
  • 2023

Advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size includes revenue generated from all products and services sold within the industry.

Satellite Telecommunications - Geographic Breakdown by U.S. State

Market size by state reveals local opportunity through the number of companies located in the region. Each state's growth rate is affected by regional economic conditions. Data by state can be used to pinpoint profitable and nonprofitable locations for Satellite Telecommunications companies in the United States.

Satellite Telecommunications Revenue by State

Market Size by State

Distribution by Company Size

Company SizeAll IndustriesSatellite Telecommunications
Small Business (< 5 Employees)


Small Business (5 - 20)
Midsized Business (20 - 100)
Large Business (100 - 500)
Enterprise (> 500)

Satellite Telecommunications - Income Statement (Average Financial Metrics)

Financial statement analysis determines averages for the following industry forces:
The report includes a traditional income statement from an "average" company (both public and private companies included).

Industry AveragePercent of Sales
Total Revenue


Operating Revenue
Cost of Goods Sold (COGS)
Gross Profit
Operating Expenses
Operating Income
Non-Operating Income
Earnings Before Interest and Taxes (EBIT)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit

Average Income Statement

Average Income Statement

Cost of Goods Sold

Salaries, Wages, and Benefits



Depreciation and Amortization

Officer Compensation

Net Income

Satellite Telecommunications - Financial Ratio Analysis

Financial ratios allow a company's performance to be compared against that of its peers.

Financial RatioIndustry Average
Profitability Ratios


Profit Margin
Liquidity Ratios
Current Ratio
Quick Ratio
Activity Ratios
Average Collection Period
Asset Turnover Ratio
Receivables Turnover Ratio
Inventory Conversion Ratio

Satellite Telecommunications - Product Mix

Product DescriptionDescriptionRevenue
($ Millions)
Industry total


Carrier services & internet backbone services
Private network services
All other operating receipts
All other receipts
Resale of merchandise
Resale of telecommunications equipment
Other telecommunications services
Multichannel programming distribution services (analog & digital)

Satellite Telecommunications - Compensation and Salary Surveys

TitlePercent of WorkforceBottom QuartileAverage (Median) SalaryUpper Quartile
Management Occupations5%


Chief Executives0%
General and Operations Managers1%
Business and Financial Operations Occupations9%
Business Operations Specialists7%
Computer and Mathematical Occupations17%
Computer Occupations17%
Database and Systems Administrators and Network Architects5%
Computer Support Specialists5%
Sales and Related Occupations14%
Sales Representatives, Services10%
Miscellaneous Sales Representatives, Services10%
Sales Representatives, Services, All Other10%
Office and Administrative Support Occupations19%
Information and Record Clerks11%
Customer Service Representatives10%
Customer Service Representatives10%
Installation, Maintenance, and Repair Occupations31%
Electrical and Electronic Equipment Mechanics, Installers, and Repairers22%
Radio and Telecommunications Equipment Installers and Repairers21%
Telecommunications Equipment Installers and Repairers, Except Line Installers21%
Other Installation, Maintenance, and Repair Occupations8%
Line Installers and Repairers7%
Telecommunications Line Installers and Repairers7%

Government Contracts

In the past, the federal government spent an annual total of $256,391,935 on the satellite telecommunications industry. It has awarded 1,551 contracts to 224 companies, with an average value of $1,144,607 per company.

Satellite Telecommunications and Adjacent Industries - Top Companies

($ Millions)


Satellite Telecommunications Industry Research
GeographyUnited States  
Publication DateJune 2024
Report FormatPDF Download  PDF

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