NEW YORK - The number of active low-Earth orbit (LEO) satellites is expected to grow dramatically over the next decade, increasing from 7,473 in 2023 to about 42,600 by 2032, according to a new report from technology intelligence firm ABI Research.
The report cites growing investment from China and Europe as key drivers of expansion, as both regions prioritize space technologies for national security and commercial strategies. The rapid growth is also fueled by increasing demand for satellite-based services, including internet connectivity, remote sensing, and the Internet of Things (IoT).
"As we observe more competitors innovating their technologies and upgrading their satellite constellations to stay ahead in the space race, we anticipate a surge in commercial investment in satellite services and applications," said Rachel Kong, research analyst at ABI Research. "Advancements in real-time data processing, artificial intelligence (AI), and edge processing will further accelerate growth, especially in Earth observation."
Commercial investments
Major technology companies, including AWS, Spire Global, Telesat Lightspeed, D-Orbit, Anduril, and Ubotica, are investing in AI and edge processing technologies for satellite networks. Meanwhile, Chinese companies like Spacesail, China Satellite Network Group, and Shanghai Landspace Technology are expanding their satellite constellations to enhance national defense and communications capabilities.
Kong added that emerging markets in Asia-Pacific, Southeast Asia, and Africa offer significant potential for satellite network expansion. However, regulatory hurdles and limited investment remain obstacles.
"To capitalize on the growing opportunity in the satellite market, it is essential for ecosystem players to recognize the potential in emerging markets," Kong said. "Collaborating with local governments and aligning regulatory policies will be crucial for expanding broadband access and strengthening digital infrastructure."
The findings come from ABI Research's State of LEO Satellite Networks report, part of its Space Technologies and Innovation research service. More information is available here: https://www.abiresearch.com/market-research/product/7785614-state-of-leo-satellite-networks.
Jamie Whitney
Jamie Whitney joined the staff of Military & Aerospace Electronics and Intelligent Aerospace. He brings seven years of print newspaper experience to the aerospace and defense electronics industry.
Whitney oversees editorial content for the Intelligent Aerospace Website, as well as produce news and features for Military & Aerospace Electronics, attend industry events, produce Webcasts, oversee print production of Military & Aerospace Electronics, and expand the Intelligent Aerospace and Military & Aerospace Electronics franchises with new and innovative content.
