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Satellite Services Revenues to Reach $145 Billion by 2035

October 18, 2026

2 min read

Key Takeaways

Global satellite services revenues to reach $145 billion by 2035.
Data-centric services to approach $100 billion by 2035.
Video distribution's share to contract to 3% by 2035.
Wholesale satellite capacity market to surpass $46 billion by 2035.

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Strategic Implications

This forecast may indicate a significant shift in the satellite services market towards data-centric services, which could benefit companies that adapt to this trend. The growth in satellite services revenues suggests a strong demand for satellite-based connectivity, which may drive innovation and investment in the industry.

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What Happened

Global Satellite Market to Experience 44 Percent Growth

Novaspace, a space consulting and market intelligence firm, has released a report projecting that global satellite services revenues will grow 44% to reach $145 billion by 2035. The report outlines a structural transformation in the commercial satellite sector, with data-centric services expected to become the primary revenue generator. According to Novaspace, this shift is driven by an accelerating demand for ubiquitous broadband and enterprise data transport. This was first reported by SatNews.

Source | Originally Published: October 17, 2026

Companies Mentioned