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.

BryceTech projects near-term growth in spacecraft and heavy-lift launches open to U.S. commercial providers, driven primarily by the deployment of megaconstellations.

The Earth Observation (EO) Market is set for significant growth, according to the newly released 17th edition of the Earth Observation Data and Services Market report by Novaspace, a leading space consulting and market intelligence firm formed by the merger of Euroconsult and SpaceTec Partners. Currently valued at $5 billion, Novaspace projects the EO market to exceed $8 billion by 2033, with the services segment growing from $3.1 billion to $4.9 billion during the same period.

A new study from Juniper Research, the foremost experts in the Internet of Things (IoT) market, has found that global IoT cybersecurity market revenue will double over the next five years; rising from US$ 27 billion in 2024.

We are witnessing a major transformation driven by the integration of software-defined satellites (SDS) with virtualized, scalable, and orchestrated ground networks, where flexibility in space meets flexibility on the ground. The combination of these technologies marks a fundamental shift, enabling satellite operators to deliver services with flexibility, responsiveness, and greater efficiency. As SDS are being launched, ground network architectures are rapidly evolving to support the increased adaptability and sophistication that SDS promises, prioritizing three key elements:

The satellite ecosystem has been going through a period of tremendous change and growth overthe last few years. According to Euroconsult (now known as Novaspace), the global space economy grew over 34% in the five years to 2023 to be worth US$ 509 billion and is projected to continue growing to reach US$759 billion by 2030. A lot of this growth is attributed to “New Space,” a generic term, referring to the rapid changes taking place in the satellite ecosystem.

Novaspace, a merger between Euroconsult and SpaceTec Partners, one of the leading 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 global market for Satellite Phones was estimated at US$ 602.8 Million in 2023 and is projected to reach US$ 722.8 Million by 2030, growing at a CAGR of 2.6% from 2023 to 2030 according to Research and Markets. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

Novaspace, a merger between Euroconsult and SpaceTec Partners, the leading space consulting and market intelligence firm announces the release of the highly anticipated 27th edition of  "Satellites to be Built and Launched” forecasting a record-breaking surge in satellite demand through 2033.

The global satellite flat panel antenna market was valued at US$ 7.28 billion in 2023 and is expected to reach $32.95 billion by 2034, growing at a CAGR of 15.04% during the forecast period 2024-2034 accoridn to new research from Research and Markets.