Novaspace: Satellite services revenue to reach $145 billion by 2035

Global satellite services revenue is forecast to grow 44% to $145 billion by 2035, according to Novaspace's 33rd Satellite Connectivity and Video Market report. Data services will rise from 26% to 68% of total revenue, while the capacity market is set to exceed $46 billion.

• Satellite services revenue to grow 44% to $145 billion by 2035
• Data services' share of revenue to rise from 26% to 68%
• Consumer Broadband, Milsatcom and Enterprise to add $22.6B, $19.2B and $17.2B
• Capacity market to exceed $46 billion, more than triple 2025 levels