$8.0bn
$XXX.Xm
19,595
814
$X.Xbn
The Satellite Communications and Astronautics industry has displayed solid advancements over the past few years. Australia is geographically advantageous for space activities thanks to its vast unpopulated areas that’re ideal for establishing launch sites and ground-based observatories. Favourable weather conditions with clear skies also benefit organisations when conducting space-related activities in regional Australia. The Federal Government's support, including funding and international partnerships through the Australian Space Agency, has bolstered innovations in the space sector. Multinational space projects operating in Australia, like large radio telescope facilities and ground station systems, also contribute to this industry's solid performance over the past few years. Overall, revenue has climbed by an anticipated 2.5% to $8.0 billion through the end of 2024-25.
Industry revenue has grown at a CAGR of 2.5 % over the past five years, to reach an estimated $8.0bn in 2024.
Market size is projected to grow over the next five years.
Company | Market Share (%)
2025 | Revenue ($m)
2025 |
---|---|---|
Foxtel Group | 907.4 | |
Telstra | 538.0 | |
Bureau of Meteorology | 524.1 |
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Industry revenue is measured across several distinct product and services lines, including Direct-to-home TV, Satellite communications and Space technology manufacturing. Direct-to-home TV is the largest segment of the Satellite Communications and Astronautics in Australia.
Space technology manufacturing has been an area of growth
Satellite Communications and Astronautics industry organisations design, manufacture or operate space equipment and subsystems to provide value through exploring, managing or using space. This industry includes satellite signals and data applications, like broadcasting, global navigation and meteorology.
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ANZSIC 5802 - Satellite Communications and Astronautics in Australia
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Innovation and international space initiatives have generated opportunities. Australia's location is ideal for tracking satellites, space debris and weather and has invited m...
Learn about an industry's products and services, markets and trends in international trade.
Manufacturing capabilities are essential as the need for highly complex astronautic components expands. The government's funding and tax concessions support local manufacturi...
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Australia’s geographic position makes it a prime location for observing space. This is particularly true in rural locations away from light pollution.
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Australian space-related industries have to contend with more-established foreign services. US space agencies exploit their larger scale, even siphoning off skilled employees...
Learn about the performance of the top companies in the industry.
Major telcos, like Telstra, are using satellite communications to improve connectivity. LEO satellites help telcos provide superior services to customers, especially users in...
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
More and more consumers are shifting away from pay-TV services. Nowadays, consumers access information from other platforms, including social media, reducing demand for pay-T...
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Overseas competitors can draw highly experienced staff away with higher wages. This has left the domestic industry with a younger, less experienced staff on lower wages.
Including values and annual change:
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Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
Key data sources in Australia include:
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.
IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.
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The market size of the Satellite Communications and Astronautics industry in Australia is $8.0bn in 2024.
There are 814 businesses in the Satellite Communications and Astronautics industry in Australia, which has grown at a CAGR of 7.3 % between 2019 and 2024.
The market size of the Satellite Communications and Astronautics industry in Australia has been growing at a CAGR of 2.5 % between 2019 and 2024.
Over the next five years, the Satellite Communications and Astronautics industry in Australia is expected to grow.
The biggest companies operating in the Satellite Communications and Astronautics market in Australia are Foxtel Group, Telstra and Bureau of Meteorology
Direct-to-home TV and Space technology manufacturing are part of the Satellite Communications and Astronautics industry.
The company holding the most market share in Australia is Foxtel Group.
The level of competition is moderate and increasing in the Satellite Communications and Astronautics industry in Australia.