Novaspace has released the third edition of Universal Broadband Access, highlighting satellite’s role in expanding global connectivity. As of 2024, satellite broadband services can reach more than 780 million people – unlocking an addressable market opportunity of over $320 billion (€281.6bn) through 2033.

“Satellite services are essential for achieving universal access, especially in areas where terrestrial networks are impractical,” commented report lead author and Novaspace Manager, Sumaiya Najarali. “The importance of universal access lies in its potential to empower marginalised populations, create new economic opportunities, and improve access to vital services like healthcare and education.”

In 2024, more than 2.6 billion people remain offline (about one-third of the global population). Most live within mobile broadband coverage but stay unconnected due to cost, limited digital skills, and low awareness. As satellites become more affordable and flexible, it’s helping reach those still left out, especially in areas where traditional networks have stalled.

The shift is already underway. Between 2021 and 2024, the number of satellite broadband users doubled to 100 million, spurred by the rise of NGSO constellations, including successful platforms like Starlink. Prices for satellite capacity have fallen by 90 per cent in markets concentrated with high-throughput satellite capacity, enabling more accessible pricing and broader adoption.

Looking ahead, satellite’s addressable market is expected to remain between 650–750 million users through 2033, driven increasingly by people living in underserved areas with inadequate terrestrial connectivity. With breakthroughs in software-defined systems, AI-assisted networking, and direct-to-device capabilities, satellites are set to play a foundational role in global digital inclusion.

Other posts by :

1. SES announces €0.25c dividend
2. Russia “blinding and destroying” German satellites
3. Bank: AST, Starlink, Kuiper targeting $200bn market
4. Rivada: Is no news good news?
5. SES celebrates Intelsat acquisition
6. Pakistan halts broadband direct-from satellite
7. India stymies Starlink launch
8. Starlink, AST SpaceMobile race for cellular consumers
9. Trouble ahoy for foreign D2D satellites over India?

Categories: Articles, Broadband, Markets, Research, Satellite

Tags: broadband, novaspace, satellite