Maritime Satellite Service Revenues to Reach $3.79 Billion by 2035 as NGSO Reshapes Maritime Connectivity
AI-summarised brief · reviewed before publication
The Novaspace Maritime Satellite Communications, 14th Edition, projects global maritime satellite service revenues to climb from $2.28 billion in 2025 to $3.79 billion by 2035, as non‑geostationary satellite orbit (NGSO) networks become the dominant connectivity layer at sea. NGSO services, which accounted for 48 % of revenues in 2025, are forecast to deliver 86 % of the market’s income and support roughly 98 % of capacity demand by 2035. The report expects the fleet of VSAT‑equipped vessels to exceed 600 000, with satellite bandwidth needs rising from 500 Gbps today to about 2.5 Tbps in a decade. Lower‑cost terminals, faster installation and competitive pricing are spurring adoption across merchant, passenger, leisure, fishing and offshore segments, while hybrid GEO‑NGSO solutions preserve resilience.
💡 Why It Matters
- · NGSO’s rapid ascent reshapes the economics of maritime connectivity, delivering the capacity and latency needed for emerging digital operations and crew‑wellness services at sea.