Satellite Services Market Analysis Based on Development Factors, Applications, and Future Prospects The satellite services market accounted for $126.5 billion in 2018, and is anticipated to reach $144.5 billion by 2026, registering a CAGR of 2.2% from 2019 to 2026. BriefingWire.com, 4/12/2021 - The satellite services market accounted for $126.5 billion in 2018, and is anticipated to reach $144.5 billion by 2026, registering a CAGR of 2.2% from 2019 to 2026. The satellite services market is anticipated to grow during the forecast period owing to the rising demand for broadband connectivity services in APAC and LAMEA. Moreover, some of the countries in the Middle East and Africa have less penetration of television services that is expected to increase in coming years, which correspondingly increases the revenue of consumer services in both the regions.