Novaspace projects global satellite services revenues to reach 145 billion dollars by 2035
Market intelligence firm Novaspace predicts global satellite services revenues will reach 145 billion dollars by 2035, driven by a structural shift toward high-throughput data connectivity.
FTMQ Space, written by our newsroom0 views
Space consulting and market intelligence firm Novaspace released the 33rd edition of its Satellite Connectivity and Video Market report on October 12, 2026. SatNews reported that the firm projects global satellite services revenues will grow 44 percent to reach 145 billion dollars, or 129 billion euros, by 2035. [1]
The benchmark study outlines a major structural transformation across the commercial satellite sector over the next decade. According to SatNews, high-throughput data connectivity is expected to eclipse legacy broadcast video as the primary revenue generator for operators. [1]
The report identifies an accelerating shift away from linear television broadcasting toward widespread broadband and enterprise data transport. Electronics Weekly and SatNews both report that data-centric services are forecast to serve as the main growth engine for satellite connectivity revenue. [1][4]
In short
- Novaspace released the 33rd edition of its Satellite Connectivity and Video Market report on October 12, 2026.
- Global satellite services revenues are projected to grow 44 percent to 145 billion dollars by 2035.
- High-throughput data connectivity is expected to replace broadcast video as the main driver of satellite industry revenue.
Sources
Every paragraph above points to the numbered items it rests on. Read the originals here.
- [1]Novaspace Forecasts Global Satellite Services Revenues to Reach $145 Billion by 2035SatNews, 2h ago (the report this story comes from)
- [2]Novaspace Forecasts Global Satellite Services Revenues to Reach $145 Billion by 2035SatNews Publishers, 2h ago
- [3]Forecast: Satellite service revenues at $145bn by 2035Advanced Television, 1d ago
- [4]Data services the growth engine for Satellite Connectivity revenue – NovaspaceElectronics Weekly, 1d ago
Background
- [5]2035 FIFA Women's World Cup on Wikipedia
- [6]Agreement on 5% NATO defence spending by 2035 on Wikipedia
Our newsroom writes these reports with the help of software, from the 6 sources listed and nothing else, and checks them against those sources. Facts can still be wrong or move on; the originals are the record. Spotted a mistake? Write to daniel@monsterkong.com.
Related from FTMQ Space
Earlier reports of ours on the same people and subjects.
- floLIVE and Skylo partner for hybrid cellular and satellite IoT in BrazilCommercial Launch, 5d ago
- Satlyt raises eight million dollars for onboard satellite softwareCommercial Launch, 4d ago
More in Commercial Launch
- Blue Origin announces Florida launch pad expansion to boost New Glenn flights1d ago
- Rocket Lab delays initial launch of Neutron rocket to 20271d ago
- SpaceX prepares Falcon 9 launch for classified Space Force mission2d ago
- NearSpace Launch schedules TROOP-F6 spacecraft launch for April 20272d ago
- LandSpace Launches Zhuque 2E Rocket Carrying Ten Satellites into Orbit2d ago
- NASA advances DAVINCI Venus probe launch to late 20303d ago
Get the day in one email
Reports like this one, the top news of the last 24 hours, every morning. Free, one email a day; readers can comment under every report.
By signing up you agree to our terms and privacy policy. Unsubscribe any time.
Comments
Loading
Join the conversation
Comments are open to readers of our daily email: the top news of the last 24 hours, every morning, free. Sign up and the comment box opens.
Already on the list? Enter the same address and we will send a sign-in link.
By signing up you agree to our terms and privacy policy. Unsubscribe any time.