Global Space Economy Reaches $626 Billion, Marking a New Phase of Growth
The 12th edition of Novaspace’s Space Economy Report notes the global space economy is now on a significant growth trajectory, positioned to expand from $626.4 billion in 2025 to $1.01 trillion by 2034, a significant 5.5% CAGR. While growth continues to be supported by innovation, new business models, assertive government policies and expanding demand for satellite-enabled services, 2025 stands out as a structural inflection point, marking a transition from rapid expansion toward a more mature and structured space market.
The Missing Link to Space Superiority: In-Orbit Refueling
Space superiority is no longer defined by launch capacity, but by maneuverability and endurance in orbit. In-orbit refueling removes the fuel constraint that limits today’s space systems. Discover why it is becoming critical infrastructure for defense and commercial space.
Global Space Spending Reaches $137B, Marking a Defense‑Led Era
Global government space spending reached $137.4B in 2025, driven by defense priorities, secure satcom, and evolving commercial procurement models, marking a structural shift in national space strategies.
2025 in Review: A Year of Acceleration and Transformation in the Global Space Economy
2025 marked a decisive shift for the global space sector. As governments strengthened sovereignty and defense postures, and private investment returned with greater discipline, the space economy entered a new phase defined by execution, resilience, and consolidation. Rather than speculative expansion, growth is now driven by operational maturity, integrated capabilities, and long-term value creation across the space value chain.
Inside the Novaspace Space Track: When Space Becomes Infrastructure
At CES 2026, Novaspace led a dedicated space technology track examining how space capabilities are moving from orbit into real-world applications. Across mobility, connectivity, aviation, and Earth intelligence, one message stood out clearly: space is no longer a standalone sector, but a foundational layer shaping how industries operate, compete, and deliver value.
Direct-to-Device Connectivity: A $100 Billion Market Transformation
Satellite-enabled smartphones and IoT drive the next decade of global connectivity growth Paris, France [December, 2025] – Novaspace’s 10th edition of Prospects for Direct to Handheld and IoT Markets reveals a decade of unprecedented connectivity growth. Over $100 billion in cumulative revenues are projected across all D2D and IoT segments by 2034, driven by mass-market adoption of satellite-enabled smartphones and next-generation […]
2025: The Turning Point for Satellite Operators
Multi-orbit deployments and vertical integration redefine competitiveness in 2025. Paris, France [December, 2025] – Released today, Novaspace’s latest FSS Operators: Benchmarks & Performance Review unveils a year of transformation for satellite operators. 2025 is redefining the rules of the game for Fixed Satellite Service (FSS) operators. Faced with rising cost pressures and NGSO-driven disruption, operators […]
$106B Ground Segment Market Enters Service‑Driven Era
NGSO Expansion Unlocks New Growth Opportunities Paris, France [December 2025] – Novaspace’s 6th Ground Segment Market Prospects report projects a $106 Billion market and a fundamental shift in satellite infrastructure economics. NGSO constellations are reshaping Satcom, Earth Observation (EO), and Ground Segment as a Service (GSaaS) into a flexible, software‑driven ecosystem. “As ground infrastructure grows […]
Novaspace Expands to India — Accelerating the Growth of the Nation’s Space Economy
Novaspace is expanding to India with a new office in Bangalore, a strategic step aligned with the country’s rise as one of the world’s most dynamic space markets. Under the leadership of Surbhi Patni Dalmia, the India office will bring global insight, local expertise, and closer collaboration with government, industry, and start-ups to support India’s growing impact on the global space economy.
Direct-to-Device Satellite in the GCC: A New Frontier for Connectivity
Direct-to-Device (D2D) satellite connectivity is emerging as a transformative solution for extending mobile coverage to areas long beyond the reach of terrestrial networks. Novaspace’s latest white paper examines how D2D can help the GCC bridge connectivity gaps across deserts, coastlines, and remote industrial zones, enabling safer operations, stronger resilience, and more inclusive digital access. The study explores the opportunities and challenges ahead, and how D2D can support the region’s broader digital transformation.