Commercial Defense Satcom Service Revenues to Surpass $22.6B by 2035

Novaspace projects commercial defense satcom service revenues will exceed $22.6 billion by 2035, with global defense satcom demand surpassing 7.5 Tbps. NGSO constellations drive growth, reaching $21.3 billion in revenues at a 34% CAGR.

• Commercial defense satcom service revenues to exceed $22.6B by 2035
• Global defense satcom demand forecast to surpass 7.5 Tbps
• NGSO service revenues to reach $21.3B at 34% CAGR
• US to hold over 50% of global demand and 48% of revenues