According to analysis from Novaspace, SpaceX generated an estimated $11.8 billion (€10.4bn) in revenue in 2024, with Starlink overtaking its space transportation division for the first time. The company’s long-awaited profitability milestone is being driven by the steady maturation of its connectivity business and a launch model now optimised for reuse. While not unexpected, the […]

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 […]

Novaspace, the space consulting and market intelligence firm, has released its Space Situational and Domain Awareness Market Intelligence Report.   “With the increasing deployment of mega-constellations in lower orbits, critical failures and collision events are becoming a matter of when rather than if,” said Alessandro Cattaneo, Consultant at Novaspace and lead author of its newly released […]

Novaspace, the space consulting and market intelligence firm, has released the 7th edition of its FSS Capacity Pricing Trends report, analysing the shift in satellite capacity pricing as the industry moves from scarcity to abundance. As new-generation satellites drive down costs, traditional wholesale leasing models are under increasing pressure. Operators are responding by adopting value-based […]

Novaspace, the space consulting and market intelligence firm, has released the 24th edition of its annual Government Space Programs (GSP) report. The report reveals that global government space investments reached approximately $135 billion (€131.4bn) in 2024, a 10 per cent increase compared to 2023. Defence spending, now the majority of budgets at $73 billion (54 […]

The latest edition of Novaspace’s Prospects for the Small Satellite Market market intelligence report forecasts robust growth in the small satellite (smallsat) industry, projecting a market value of approximately $113.3 billion (€107.9bn) over the next decade. This expansion will be fueled by the replenishment of satellite constellations globally and the rising complexity and cost of […]

Novaspace, a specialist in space consulting and market intelligence, has released the 9th edition of its report Prospects for Direct to Handheld and IoT Markets. The study projects the direct-to-device satellite connectivity market to grow from $1.5 billion (€1.43) today to nearly $15 billion by 2033, fueled by rapid advancements in technology and expanding satellite […]

The Earth Observation (EO) Market is set for significant growth, according to the 17th edition of the Earth Observation Data and Services Market report by Novaspace, the space consulting and market intelligence firm. Currently valued at $5 billion (€4.7bn), Novaspace projects the EO market to exceed $8 billion by 2033, with the services segment growing […]

The rise of constellations, the boom in data exchanges, and the integration and digitisation of networks are reshaping ground segment activity. Innovation is driving a transformation of the ecosystem, with ongoing and expected transactions on both the demand and supply sides. Novaspace’s fifth edition of its Ground Segment Market Prospects report projects the competitive ground […]

Novaspace, a space consulting and market intelligence firm, has released its 12th annual report New Prospects for In-Flight Connectivity which reveals continued growth in the market. It highlights key global trends, including an increase in connected aircraft, the rise of NGSO-based satellite services and the growing impact of mergers and collaborations between service providers. The […]