Novaspace projects global maritime satellite service revenues will rise from $2.28 billion in 2025 to $3.79 billion by 2035 as NGSO services and always-on connectivity reshape the market.
The forecast comes from Novaspace’s Maritime Satellite Communications, 14th Edition. Novaspace says next-generation satellite networks are transforming maritime connectivity, with adoption of non-geostationary satellite orbit services and demand for always-on connectivity across commercial and recreational fleets driving growth.
NGSO is the growth engine in the model
Vishal Patil, Senior Consultant at Novaspace, said NGSO networks have fundamentally changed the economics and performance of maritime connectivity. He said they will become the backbone of maritime communications over the next decade, delivering higher capacity, lower latency, more flexible services, and a significantly improved user experience for vessel operators worldwide.
What the report covers
Novaspace’s Maritime Satellite Communications, 14th Edition covers merchant shipping, passenger ships, leisure vessels, fishing vessels, and offshore oil and gas. The study examines market trends, competitive dynamics, satellite operators, maritime service providers, equipment vendors, regulatory developments, pricing, capacity demand, and value-added services. It also includes five years of historical market analysis and a 10-year forecast covering addressable market, equipped and active vessels, ARPU, bandwidth demand, capacity usage, service revenues, and capacity revenues.
Read for maritime connectivity planners
The report puts a revenue target on maritime satellite demand and ties that growth to NGSO adoption. That makes the forecast a reference point for satellite operators, maritime service providers, and equipment vendors tracking where capacity and pricing assumptions may be headed.