Starlink Company Profile – 2024


This Starlink Company Profile – 2024 Report provides analyses of revenue and market forecasts as well as statistics of Starlink including market sizing, 7-year forecasts, market insights, key satellite trends, LEO/MEO/GEO satellite developments and also features the following: Overall Starlink Subscribers by Country Satellite Internet Providers Profile (Starlink, Kuiper, OneWeb, AST SpaceMobile, Lynk Global, GW…



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Starlink Company Profile
Starlink, a subsidiary of SpaceX, aims to provide global high-speed satellite internet connectivity through a massive constellation of low Earth orbit (LEO) satellites. The report provides an in-depth look at Starlink’s technology, expansion plans, partnerships, estimated finances and future outlook.

Key highlights:

– Starlink has launched over 6,5000 satellites so far, out of a planned 12,000 satellite constellation. It launched satellites at a rate of 165 per month in 2023.

– The Starlink Company Profile – 2024 includes forecasts to 2030, Revenue, Capex and enterprise value (EV) valuation.

– Idem Est estimates Starlink has over 2.2 million subscribers globally as of end 2023. Starlink subscribers breakdown by country is also included. Starlink is available to around 2.1 billion people currently.

– Latest Starlink comprehensive data and valuation update support our base case EV valuation to over USD110 billion

– Competitors like OneWeb and Amazon’s Project Kuiper lag significantly behind Starlink in deployment, though new LEO constellations from China and India could emerge as challengers.

– The integration of satellites with 5G networks, known as 5G NTN, promises enhanced connectivity. Starlink plans to offer DTC direct-to-cell or Direct-to-device messaging services in 2024.

– While satellite broadband improves socioeconomic development, environmental concerns like space debris need to be addressed through sustainable operating practices.

Idem Est Research reports that by April 2024, Starlink had over 2.9 million subscribers globally, with the largest markets being in North America and  the Asia Pacific region. Idem Est Research estimates Starlink 2023 revenues surpassed USD2 billion.

Starlink Subscribers (000′) estimated by region as of the end of April 2024, country breakdown included in the report:

Region Sep-23 Dec-23 Mar-24 Apr-24 May-24
Africa 45 64 91 109 126
Asia 52 58 77 86 92
Central America 55 65 75 77 89
Europe 299 301 282 295 298
North America 1,119 1,365 1,797 1,880 1,982
Oceania 157 197 228 243 249
South America 217 165 159 176 203
Total (k) 1,987 2,216 2,705 2,870 3,039

In just 3 years, Starlink has become the leading entity in the global broadband satellite market and created an economic and technological flywheel.

Starlink Developments:

Date Starlink Developments
May 2024
  • Starlink present in 75 countries covering a population 2.2 billion people
  • New countries launched: American Samoa, Reunion, French Guiana
  • New country launch announced: Sri Lanka (2024)
  • 224 new satellites launched of which 39 DTC (Direct to Cell), 6,494 Starlink satellites launched in total
Apr 2024
  • Starlink present in 75 countries covering a population 2.2 billion people
  • New countries launched: Argentina, Barbados, Finland, Mongolia
  • New country launch announced: Indonesia (2024)
  • 204 new satellites launched of which 6 DTC (Direct to Cell), 6,316 Starlink satellites launched in total
Q1 2024
  • Starlink present in 72 countries covering a population 2.15 billion people
  • New countries launched: Benin, Eswatini, Georgia, Guam, Northern Mariana Islands, Paraguay
  • 450 new satellites launched of which 6 DTC (Direct to Cell)
  • Starlink present in 65 countries covering a population 2.1 billion people
  • New countries launched: Bahamas, Honduras, Costa Rica, Malaysia,
  • 1,828 new satellites launched


Crucially, the Starlink project intersects with geopolitics; its comprehensive satellite coverage raises concerns about digital sovereignty, especially given Musk’s decisive control over its use, as evidenced by his refusal to allow its use in certain military applications. Facing a blend of regulatory challenges and potential strategic partnerships worldwide, Starlink’s dominance in space infrastructure positions it as both a soft power tool for the U.S. and a potential source of space traffic concerns. While primarily commercial, Starlink’s deep intertwining with global geopolitics is increasingly evident as it redefines connectivity norms.

Satellite broadband’s potential in Africa and the Asia Pacific region is immense. By diving deep into its market dynamics, socioeconomic impacts, environmental considerations, technological evolution, and the importance of policies and collaboration, this report offers a comprehensive overview of the opportunities and challenges the region faces.

Overall, the report provides a comprehensive overview of Starlink’s technological capabilities, financials including revenue, EBITDA, Capex and other key KPIs, global expansion roadmap, estimated market position and future potential to bridge the digital divide in the next decade. It highlights the opportunities and challenges facing Starlink and the satellite broadband industry as a whole.

AST Spacemobile, Eutelsat, Globalstar, Inmarsat, IPStar, Kacific, Kuiper, Lynk, Measat, NBN, OneWeb, SpaceX, Starlink, Viasat.

Asia Pacific Satellite Internet Market Report – Table of Contents

1          The Race For The Last 5%

2          Satellite Internet Connectivity: An Overview
2.1       Satellite Internet Basics
2.2       Comparing LEO, MEO, and GEO Satellite Orbits
2.2.1    LEO and GEO Satellite Comparison
2.3       Satellite Frequency Bands
2.3.1    Ku-band
2.3.2    Ka-band
2.3.3    C-band
2.3.4    L-band
2.3.5    Other Satellite Bands
2.4       Satellite Broadband Providers Operators, 2023

3          Starlink Profile
3.1       Starlink Satellite Launches per Year
3.2       Starlink Geopolitical Clout
3.3       Starlink Partnerships around the World
3.4       Starlink Technology & Capacity
3.5       Starlink Direct to Cell
3.6       Starlink Subscriber Estimates
3.7       Starlink Key Performance Indicators Forecast
3.8       Starlink Financials – Revenue, EBITDA and Capex Estimates

4          Other Satellite Operators Profile
4.1       Project Kuiper Profile
4.2       Eutelsat OneWeb Profile
4.3       AST Space Mobile Profile
4.4       Lynk Profile
4.5       Other LEO Constellation Projects
4.5.1    China’s Guo Wang (GW) Constellation
4.5.2    India Satellite Internet Key Players
4.5.3    Key Challenges and Considerations for New Entrants:

5          5G NTN: The Next Generation of Satellite Connectivity
5.1       5G NTN Overview
5.1.1    The Rationale Behind 5G NTN
5.1.2    Technical Aspects of 5G NTN
5.1.3    Potential Applications for 5G NTN
5.1.4    Challenges in Implementation
5.2       5G NTN Satellite Providers
5.3       Regulatory Challenges and Spectrum Allocation

6          Evaluating the Impact of Satellite Broadband Connectivity
6.1       Socioeconomic Impact
6.2       Environmental Considerations

7          Future Prospects of Satellite Broadband and 5G NTN
7.1       Expanding Geographical Reach
7.2       Addressing Infrastructure Limitations
7.3       Enhancing Data Throughput and Latency
7.4       Facilitating the Internet of Things (IoT) and Edge Computing
7.5       Disaster Recovery and Emergency Services

8          Conclusion

9          Methodology

10        Copyright Notice

Figure 1 – Satellite Deployments Type
Figure 2 – Satellite frequency bands
Figure 3 –Starlink and OneWeb Satellite Launches per Month (Data until Jan-24)
Figure 4 –Satellite Launches including Starlink per Year (Data until Dec-23)
Figure 5 –Starlink Capabilities
Figure 6 –Starlink User Terminals
Figure 7 –Starlink Ground Stations & Gateways
Figure 8 –Starlink Optical Space Lasers
Figure 9 –Starlink Optical Inter-satellite links (ISL)
Figure 10 –Starlink Satellite Capacity
Figure 11 –Starlink Satellite Direct to Cell
Figure 12 – Starlink Revenue, EBITDA and Capex Estimates, 2022-2030 (USD m)

Table 1 – Satellite Orbit Altitudes
Table 2 – LEO and GEO Satellite Comparison
Table 3 – Satellite Broadband Subscribers Operators, 2024
Table 4 – Starlink Partnerships, 2024
Table 5 – Starlink Global Subscriber Database, as of December 2023
Table 6 – Starlink Country Launch Plans, as of January 2024
Table 7 – Starlink KPIs, 2022-2030
Table 8 – Starlink Revenue, EBITDA and Capex Estimates, 2022-2030
Table 9 – 5G NTN (DTC) and Satellite Providers, 2023

This product release was published on openPR.

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