Americas Markets - Market Trends
The global earth observation small satellite market is on track to expand from roughly US$ 2.14 billion in 2026 to $6.90 billion by 2034—a 15.76% compound annual growth rate according to Polaris Market Research. Buried inside that headline number is the more consequential trend: commercial end users are projected to grow at 17.3% annually, outpacing every other buyer segment, including the government programs that built this industry. For corporate strategists, investors, and procurement leaders, that inflection point—not the aggregate market size—is the number worth building a strategy around.
Novaspace’s latest In-Orbit Services Markets report projects that emerging in-orbit services will generate approximately US$3 billion in cumulative service revenues over the next decade, highlighting the early development of a more flexible, resilient, and sustainable space economy.
Rethink TV, from Rethink Technology Research, has published its latest forecast: the "Global OTT Compendium: SVoD, AVoD, & FAST Market Forecast 2026-2031." The new business models being used make these definitions quite blurred, we must stress, with a few services (Crunchyroll and JioHotstar) proving categorizational headscratchers.
by Bernardo Schneiderman
This article will be addressing the market for major small satellite manufacturers and the key trends in this challenging environment where constellations are getting implemented for global and regional players both for communications, internet and earth observation among other verticals.
The maritime satellite communications market is entering a new phase of growth as next-generation satellite networks transform connectivity at sea. According to Novaspace’s newly released Maritime Satellite Communications, 14th Edition, global maritime satellite service revenues are projected to grow from US$ 2.28 billion in 2025 to US$ 3.79 billion by 2035, driven by accelerating adoption of NGSO (Non-Geostationary Satellite Orbit) services and increasing demand for always-on connectivity across commercial and recreational fleets.
by Jason Bates
Low Earth Orbit (LEO) broadband is reshaping the market—but it’s just one of several major shifts underway, alongside software-defined satellites, 5G non-terrestrial networks (NTN), optical communications, and direct-to-device (D2D). As these trends move from concept to deployment at varying speeds, which will have the greatest impact on teleport operators managing shared, multi-orbit infrastructure?
Global government space spending grew from approximately US$94.4 billion in 2021 to US$125.9 billion in 2026, representing more than US$688 billion in cumulative expenditure over six years, according to a new study by SatNxt. The Global Government Space Budget & Spending Analysis Report (2021–2026) provides a comprehensive assessment of how civil and defense space budgets are evolving across the world's leading and emerging space nations.
Markets and Markets released a new report "Solid-state LiDAR Market By Type (MEMS-Based Scanning, Optical Phased Arrays, Flash LiDAR), End-Use Application (Corridor Mapping, Engineering, Environment, ADAS & Driverless Cars, Exploration, Urban Planning), and Region - Global Forecast to 2030." The LiDAR market is projected to be valued at US$ 3.2 billion by 2030 from US$ 0.50 billion in 2025, growing at a CAGR of 45.0% during the forecast period.
Novaspace’s latest In-Flight Connectivity report points to sustained, long-term growth in the In-Flight Connectivity (IFC) market, with connected aircraft numbers to exceed 70,000 by 2035. Simultaneously, IFC penetration is expected to rise from 48% to 72% in commercial aviation and from 67% to 88% in business aviation.
Very Small Aperture Terminals or VSATs for short, have been widely adopted for network and connectivity applications globally by virtually every major industry including retail, enterprises, banks, financial institutions, transportation, logistics, utilities, mining, oil & gas and government agencies and the military, among others. If you have ever used an ATM at a bank or paid at a pump at a gas station, your transaction most likely went through a VSAT network. According to most estimates, there are currently over 5 million VSAT terminals deployed worldwide and the number of terminals are forecasted to more than double in the next decade.
