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novaspace

Report: Smallsats still a small share of total mass

A report from Novaspace suggests that while Smallsat launches are growing in number, they remain a small share of the total mass launched into orbit, which is dominated by non-smallsat mega-constellations in the next decade. The number of smallsats to be launched to increase from 1,578 to 1,852 over the next decade, with three out […]

June 11, 2026By Chris Forrester

Forecast: LEO constellations to drive $12.9bn optical comms market by 2035

The third edition of Novaspace’s Optical Communications Market report forecasts cumulative global revenues for space-based Laser Communication Terminals (LCTs) to reach $12.9 billion (€11.1bn) through 2035, driven overwhelmingly by LEO constellations, which will account for more than 99 per cent of demand. “As constellations scale and operators seek to reduce reliance on extensive ground infrastructure, […]

May 18, 2026

Forecast: Global space market to pass $1tn by 2034

The 12th edition of Novaspace’s Space Economy Report states the global space economy is now on a significant growth trajectory, positioned to expand from $626.4 billion (€525.3bn) in 2025 to $1.01 trillion by 2034, a significant 12 per cent CAGR. While growth continues to be supported by innovation, new business models, assertive government policies and expanding demand for […]

January 30, 2026

Report: 2025 the turning point for satellite operators

2025 is redefining the rules of the game for Fixed Satellite Service (FSS) operators, reports Novaspace. Faced with rising cost pressures and NGSO-driven disruption, operators are doubling down on diversification, multi-orbit strategies, and consolidation to stay competitive. Multi-orbit deployment surged in 2025, with 24 operators now embracing multi-orbit strategies. Meanwhile, vertically integrated giants such as […]

December 10, 2025

Novaspace expands to India

Novaspace, the global consulting and market-intelligence firm dedicated to the space sector, has announced the opening of its new office in India. “India today stands at a crossroads in the global space economy,” said Pacôme Révillon, CEO of Novaspace.“As the country transitions from government-led missions to commercially driven applications, it is becoming one of the […]

November 18, 2025

Report: Geopolitics, AI reshaping Earth Observation market

Novaspace’s 18th edition of the Earth Observation Data and Services Market report signals a decisive market shift: geopolitical instability and AI integration are accelerating demand for defense-grade EO capabilities. Sovereign control and precision intelligence now dominate buyer priorities, with customers demanding uncompromised access to both premium resolution and rapid revisit rates, reshaping the commercial EO […]

November 1, 2025

Report: Data boom, video decline reshaping satellite revenues

Novaspace’s 32nd edition of the Satellite Connectivity and Video Market report reveals a significant shift in satellite service economics. Data applications are set to overtake video services by 2033, with their share of total service revenues rising from 21 per cent in 2024 to 55 per cent by 2034. This transformation marks a fundamental rebalancing of the […]

October 17, 2025

WSBW panel: ‘Video DTH in decline’

The Novaspace World Space Business Week kicked off in Paris but the news for video DTH confirms that the sector is in decline. Telesat’s CEO Dan Goldberg told delegates that people are watching more and more video, but it’s streaming and TikTok. “Unfortunately, they’re not watching so much satellite TV. It has been steady decline, […]

September 16, 2025By Chris Forrester

Forecast: NGSO to dominate in-flight connectivity

Novaspace’s 13th edition of its Prospects for In-Flight Connectivity Report finds NGSO services poised to revolutionise in-flight connectivity (IFC) standards. NGSO’s share of commercial aviation IFC is set to skyrocket from just 1 per cent in 2024 to 63 per cent by 2034, driving 76 per cent of total operator revenues by decade’s end. “2024 […]

September 11, 2025

Report: Defence spending fuels $182bn EO satellite boom

The 18th edition of Novaspace’s Earth Observation Satellite Systems report finds 5,770 EO satellites set to launch by 2034, fuelling a $182.6 billion (€155bn) market surge, as national defence priorities shape space strategy. As geopolitical instability drives interest in sovereign EO assets, defence and civil satellites are positioned to overtake commercial deployments . “A new […]

July 1, 2025