Novaspace: Satellite connectivity revenue to reach $100B by 2035

French space consultancy Novaspace released the 33rd edition of its Satellite Connectivity and Video Market report. Satellite connectivity revenue is forecast to reach nearly $100 billion by 2035, with data services growing from 26% to 68% of total services revenue over the decade.

• Satellite connectivity revenue to reach nearly $100B by 2035
• Data services share to grow from 26% to 68% over the decade
• Consumer Broadband, MILSATCOM and Enterprise Networks to add $22.6B, $19.2B and $17.2B
• Consumer Broadband and MILSATCOM to account for over half of capacity revenue by 2035