Paris, France – March, 2026 – 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 $76 billion over the same period.
The findings reflect a market entering a new phase of scale, driven by the rapid expansion of NGSO constellations – led by Starlink – and a step change in performance, pricing, and global adoption.
“Starlink’s impact has been catalytic,” said Dimitri Buchs, Manager at Novaspace. “Lower-cost capacity, rapid scaling, and improved service quality have reset expectations across the market. The entire satcom ecosystem is now being pushed to innovate, differentiate, and rethink strategic positioning.”
The report highlights a rapidly evolving competitive landscape across both GEO and NGSO systems:
- GEO operators are adapting to remain competitive, adopting flexible, software-defined payloads and lower-CAPEX small GEO platforms to improve cost efficiency and throughput.
- NGSO networks are redefining performance and pricing benchmarks, driving HTS service revenues up 44% between 2020 and 2025 – from $21.5 billion to nearly $31 billion.
- High-growth applications are emerging, particularly in Land Mobility, MilSatCom, and Aero IFC, where demand for high-performance, low-latency connectivity is accelerating.
As competition intensifies, differentiation is increasingly tied to spectrum strategy, security architecture, and sovereign capabilities. In a more geopolitically complex environment, secure and resilient connectivity is becoming a primary driver of investment, particularly across government and mission-critical use cases.
At the same time, scaling this next phase of growth will require greater coordination across the ecosystem. The report underscores the growing importance of multi-orbit interoperability, hybrid terrestrial-satellite architectures, and converged network standards to enable more seamless and cost-effective deployments.
“In this next phase, execution will be critical,” Buchs added. “Operators that can combine scale with flexibility – and deliver high-performance connectivity across multiple domains – will be best positioned to capture this expanding market.”
About the Report
The 8th edition of Novaspace’s High Throughput Satellites (HTS) report delivers a deep, strategic look at the evolving HTS landscape, covering capacity supply, demand dynamics across verticals, market drivers, and the infrastructure investments shaping the future of satellite connectivity.
Providing a unified view of both Geostationary Orbit (GEO) and Non‑Geostationary Orbit (NGSO) HTS systems, the report explores the major forces influencing the market today: technology advancements, competitive pressures, operator strategies, and long‑term structural shifts.
About Novaspace
Novaspace is a global leader in space consulting and market intelligence, formed through the merger of Euroconsult and SpaceTec Partners. This strategic move combines the distinctive strengths of both entities to significantly amplify our international presence and service capabilities. 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 Bangalore, Brussels, London, Montreal, Munich, Paris, Singapore, Sydney, Tokyo, Toulouse, Bangalore, and Washington D.C.
Media Enquiries:
Olivia Garnier | Communications Lead | olivia.garnier@nova.space