Market Trends

FSS Capacity Pricing Faces Disruption as Industry Shifts from Scarcity to Abundance

Paris, February 19, 2025 – Space consulting and market intelligence firm Novaspace has released the 7th edition of its FSS Capacity Pricing Trends report, analyzing 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 pricing and innovative service models to remain competitive. Falling cost structures are reshaping pricing strategies across the sector. Starlink has led the push for lower $/GB pricing, reaching approximately US$ 0.20 per month for consumer broadband in most regions. Meanwhile, other operators are introducing competing plans, intensifying market competition. “The shift from ‘scarcity’ to ‘abundance’ of capacity supply is pushing operators to embrace value-driven pricing strategies,” said Grace Khanuja, Senior Consultant at Novaspace. 

Increased Adoption of Earth Observation Data Across the Region Could Contribute an Additional US$100 Billion to Southeast Asia’s GDP by 2030

Singapore,  February 11, 2025 – Organised by Singapore Space & Technology Ltd, the Global Space Technology Convention and Exhibition (GSTCE),  returns for its 17th edition with a bold new identity and expanded vision. Formerly the Global Space and Technology Convention (GSTC), one of  GSTCE 2025’s key highlights is the launch of “Space to Thrive: Southeast Asia’s Space Industry on the Rise”, a comprehensive deep dive into the commercial opportunities of space and its contribution to economies in Southeast Asia, co-authored by Deloitte and Singapore Space & Technology Ltd. 

World Teleport Association Publishes Top Operator Rankings for 2024

New York City, February 3, 2025 – The World Teleport Association (WTA) today published its annual rankings for the Top Teleport Operators of 2024. The annual rankings of companies by revenue and revenue growth are compiled by surveying teleport operators around the world as well as referencing the published results of publicly-held companies.

Satellite Consumer Direct-to-Device: Trends and Forecasts 2023–2033

London, UK, January 21, 2025--A new report from Analysys Mason reveals that  the consumer Direct-to-Device (D2D) market is poised to revolutionise accessibility and bridge connectivity gaps, and cumulative revenue will reach more than US$ 100 billion between 2023 and 2033.

Defense Spending Drives Government Space Budgets to Historic High

Paris, France,. January 15, 2025 – Space consulting and market intelligence firm Novaspace, has released the 24th edition of its annual Government Space Programs (GSP) report. The report reveals that global government space investments reached  approximately US$ 135 billion in 2024, a 10% increase compared to 2023. Defense spending, now the majority of budgets at US$ 73 billion (54%), underscores space’s growing importance as a contested and strategic domain. 

Analysys Mason Releases New Report on the Military Satellite Market

London, UK, January 15, 2025--Ananlysys Mason has released a new report Military Satellite Communications: Infrastructure Developments 2000–2030" which assesses the developing military satellite communications (milsatcom) market worldwide and offers a framework of recommendations to help interested parties to understand the demands, trends and challenges in the market.

The Space Economy to Reach US$ 944 Billion by 2033

Paris, France January 9, 2025 –Space consulting and market intelligence firm Novaspace has released the 11th Edition of its Space Economy Report, forecasting the global space economy to grow from $596 billion in 2024 to US$ 944 billion by 2033. This steady growth, driven primarily by advancements in downstream solutions, marking a pivotal decade for the industry.

Smallsat Market Maintains Momentum Despite Starlink and Starshield Disruption, Increasingly Fueled by Government Demand

Paris, France, December 12, 2024 – 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 US$ 113.3 billion over the next decade. This expansion will be fueled by the replenishment of satellite constellations globally and the rising complexity and cost of government-driven single-satellite missions.

Direct-to-Device Satellite Services Drive the Next Wave of Global Connectivity

Paris, France, December 10, 2024–Novaspace 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 US$ 1.5 billion today to nearly US$ 15 billion by 2033, fueled by rapid advancements in technology and expanding satellite networks.