Global Space Economy Reaches $626 Billion, Marking a New Phase of Growth
Space Market Set for Trillion-Dollar Era by Decade’s End Paris, France [January, 2026] – 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 […]
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.
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 […]
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.
Geopolitical Shifts and AI Reshapes Earth Observation Market
Geopolitical tensions and AI integration are transforming the Earth Observation market, driving demand for sovereign, defense-grade intelligence and accelerating the shift toward data fusion and integrated EO services.
Global Defense Satcom Commercial Service Revenues Positioned to Skyrocket Past $8.6 Billion by 2034
NGSO satellite systems are transforming defense communications, driving rapid growth as military forces increasingly rely on resilient, high-performance connectivity for mission-critical operations.
Data Boom, Video Decline Reshapes Satellite Revenues by 2034
Satellite connectivity is undergoing a major shift as data services surge to dominate revenues, driven by NGSO constellations, falling capacity prices, and growing demand across global markets.