"Satellite internet will provide quick relief to the unserved and underserved especially in rural pockets of India," said Sunil Parekh, co-founder of TechXchange, an organization supporting Indian innovation and startups. He acknowledges that satellite internet can significantly improve connectivity for those lacking traditional internet infrastructure.
According to Deloitte, a UK based professional services network, India's satellite broadband service market is expected to increase by 36% annually, reaching $1.9 billion ( 1.75 billion) in 2030. This projection highlights the anticipated growth and demand for satellite internet services in India.
Although mobile internet penetration is high, with around 876 million mobile broadband users, many still experience issues with connectivity and speed. This emphasizes the need for satellite internet to bridge the connectivity gap.
An estimated 665 million people in India, around 45% of the population, do not access the internet, according to a joint study released by the Internet and Mobile Association of India (IAMAI) and Kantar. This showcases the existing digital divide that satellite internet aims to address.
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