Space Economy Faces Ticking Clock on Collision Risk
Paris, France, April 11, 2025–SSpace consulting and market intelligence firm Novaspace, has unveiled a new offering: the 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 report. “The entire space economy now relies on situational awareness data to support sustainable orbital activities,” he added.
As satellite traffic and collision risk increases, so does the need for accurate data. Novaspace projects that global investment in Space Situational and Domain Awareness (SSDA) will reach US$6.2 billion by 2030, up from US$ 4.8 billion in 2024. The increase in spending will be driven by the need to manage assets in increasingly congested orbits, as well as the growing demand for intelligence and space domain data in contested and dual-use environments.
95% of SSDA investments will come from government programs, underscoring the role of institutional initiatives as the foundation for SSDA data. Nevertheless, a vibrant and expanding commercial ecosystem is emerging alongside these efforts, aiming to offer advanced, precise, and cost-competitive solutions.
Over the next decade, a total of US$ 56 billion is expected to be invested globally to generate SSDA data and services. This figure reflects heightened urgency across the space sector to mitigate collision risk and ensure operational continuity. Proving how SSDA capabilities are quickly becoming a core pillar of the space economy—key to preventing collisions, protecting satellite infrastructure, and enabling long-term mission success in space.
About the Report
The Space Situational and Domain Awareness Market Intelligence Report is Novaspace’s first dedicated publication on SSDA. It features global market forecasts, sensor network assessments, and competitive analysis of key institutional and commercial players. The report supports decision-makers across government, industry, and regulatory bodies preparing for the next era of orbital operations.
About Novaspace
Novaspace is a global space consulting and market intelligence leader, formed through the merger of Euroconsult and SpaceTec Partners. With over 40-year legacy of expertise in guiding public and private entities in strategic decision-making, Novaspace offers end-to-end consulting services, from project strategy definition to implementation, providing data-led perspectives on critical issues. Novaspace presents an expanded portfolio of services, featuring combined expertise in management and technology consulting, top-tier executive summits, and market intelligence. Trusted by 1,200 clients in over 60 countries, with offices strategically located in Brussels, London, Montreal, Munich, Paris, Singapore, Sydney, Tokyo, Toulouse, and Washington D.C.
