Novaspace: defence satcom revenues to top $22.6bn by 2035

Novaspace's second Satellite Communications for Defense and Security report projects commercial defence satcom service revenues above $22.6bn by 2035, with demand surpassing 7.5 Tbps. NGSO revenues will reach $21.3bn at a 34% CAGR, while GEO revenues fall from $2.3bn in 2025 to $1.3bn in 2035.

• Defence satcom service revenues to exceed $22.6bn by 2035
• Global defence satcom demand forecast to surpass 7.5 Tbps
• NGSO service revenues to reach $21.3bn at 34% CAGR
• US to account for over 50% of demand and 48% of revenues