Global Markets - Market Trends
The 11th edition of Novaspace’s Prospects for the Small Satellite Market report forecasts 16,900 small satellites (under 500 kg) to be launched between 2026 and 2035. This equates to an average of 230 tons per year, or approximately 640 kg launched daily, driven by growing sovereign constellation demand.
The 1st Quarter 2026 edition of the The Space Investment Quarterly published by Space Capital revealed record-breaking investments in the space sector. Q1 2026 shattered the previous quarterly record with US$ 36 billion invested across 148 companies. The convergence of AI, geopolitics, and orbital compute is driving capital into the space economy at a pace that would have seemed implausible five years ago. The architecture is being redrawn in real time — and ownership is being decided now, according to the report.
Novaspace, in partnership with Orbital Gateway Consulting (OGC), launches the China Space Industry Intelligence Catalog, providing global stakeholders clear, data‑driven insight into China’s rapidly expanding space market.
GSOA and Novaspace announce the inaugural edition of the Space Industry Forum (SIF), a new flagship event co-organized by both organizations, taking place on May 19, 2026, at The Fullerton Hotel in Singapore. SIF is set to bring together more than 200 senior executives, policymakers, and industry leaders from over 20 countries, SIF will set the agenda for the space and satellite sector ahead of Asia Tech x Singapore – positioning itself as the key gathering to open a week of high-level industry engagement.
Novaspace’s latest High Throughput Satellites (HTS) report shows global demand reaching 218 Tbps by 2034, while service revenues are set to more than double to US$ 76 Billion over the same period.
MarketBrief Report on Connectivity Solutions for the Multi-Orbit Satellite Market sponsored by Orbital Connect
Featuring:
Connectivity Solutions for the Multi-Orbit Satellite Market by Elisabeth Tweedie
Interview with Krasimir Terziev and Bobby Kirchev, Co-Founders of Orbital Connect
Featured Application on Earth Observation Solution
To read or download the pdf of full report click here.
The 25th Edition of Novaspace’s Government Space Programs report notes a US$ 137.4 Bil. government space market in 2025, signaling a structural shift toward defense-driven investment and commercial procurement models. Defense now accounts for 54% of global spending (US$ 73.5B), surpassing civil budgets (US$ 63.7B) and cementing space as a core national security domain alongside land, air, maritime, cyber, and information.
by Elisabeth Tweedie
When SpaceX launched Starlink in 2019, the industry changed forever. Geosynchronous satellites (GEOs) had long been the dominant, indeed until the launch of O3b service in 2014, the only way, to access commercial space-based broadband communication services. The first generation of O3b, a medium-earth orbit (MEO) constellation had limited capacity and only served a small segment of enterprise satellite users. Starlink as a low-earth orbit constellation (LEO), offered a very different service. Due to significantly increased capacity provided by thousands of satellites, coupled with the lower bandwidth prices made possible by a vertically integrated supply chain, consumer broadband service became a viable service from non-geostationary satellites (NGSO). However, with service being provided on a “best effort” basis, few enterprise customers were interested.
According to MarketsandMarkets™, the Generative AI Market is anticipated to register a compound annual growth rate (CAGR) of 43.4% over the course of the forecast period, reaching US$ 890.59 billion by 2032 from an estimated US$ 71.36 billion in 2025
Novaspace’s Capacity Pricing Trends, 8th Edition finds the satellite connectivity market has entered a Post‑Capacity Era, where bandwidth is no longer the basis of differentiation. Starlink’s vertical integration and cost compression are accelerating this shift, resetting competitive expectations across the sector.
