Novaspace forecasts that global satellite-services revenue will reach $145 billion in 2035, a 44% increase over its forecast period. The firm’s Satellite Connectivity and Video Market report, released on October 12, 2026, projects that data services will account for 68% of that total, compared with 26% at the starting point.
The 33rd edition examines demand, pricing, capacity, and operator strategies. Its historical coverage runs from 2021 through 2025, with forecasts for 2026 through 2035. The public findings describe a change in the sources of revenue: consumer broadband, enterprise networks, and military communications contribute increasing amounts as television’s share declines.
Capacity Revenue and Service Revenue
Satellite capacity and satellite services measure different parts of the business. Capacity is the transmission resource supplied by a satellite network. A service packages that resource into an offering such as internet access, a managed corporate connection, or communications aboard a ship. The service can also involve customer terminals, ground facilities, network management, billing, and support.
New Space Economy’s explanation of commercial space business models describes these arrangements, including monthly broadband subscriptions, maritime connectivity, and capacity purchased by telecommunications carriers. A satellite operator can sell capacity to another provider or supply the customer-facing service itself. Revenue figures for these activities should not be added as though they represented separate, nonoverlapping markets.
Novaspace forecasts that the capacity market will exceed $46 billion in 2035, more than three times its 2025 level. Consumer broadband and military satellite communications are projected to generate more than half of capacity revenue. Video distribution, identified as the largest capacity segment in 2025, falls to a forecast 3% by 2035. That percentage concerns capacity revenue, not the entire satellite-services market.
More Detailed Enterprise and Military Models
The revised report adds a bottom-up model for enterprise backup terminals. Such connections provide an alternative path when a business’s primary communications link is unavailable. Counting terminals and their deployment requirements gives this application a more specific treatment than a single aggregate enterprise-market forecast.
The commercial military-communications model also receives more detailed breakdowns by geography, frequency band, and infrastructure. The report covers six application groups, including mobility and cellular backhaul, which connects mobile-network sites to the wider telecommunications network. Its geographic breakdown spans 13 regions, including ocean areas.
The forecast accommodates both geostationary satellites and constellations in other orbits. Geostationary satellites remain over the same equatorial longitude, supporting persistent regional coverage. Lower-orbit systems move relative to the ground and use constellations to maintain service. The report examines regular geostationary systems, high-throughput geostationary satellites, and high-throughput non-geostationary systems separately.
These are Novaspace’s market projections. The complete report and supporting spreadsheets require paid access; the public product page establishes their scope but does not expose the full model. The enterprise-backup and military-market revisions provide more detailed categories for examining which customers purchase satellite connectivity and how that demand translates into capacity and service revenue.
