Space and Space Technologies

Maritime Satellite Services Revenue Could Reach $3.79 Billion by 2035

Novaspace expects maritime satellite communications services revenue to grow from $2.28 billion in 2025 to $3.79 billion in 2035, driven by the expansion of non-geostationary satellite networks and rising demand for continuous connectivity at sea. The report also projects that the number of vessels equipped with VSAT services will exceed 600,000, as the market shifts toward hybrid architectures combining GEO and NGSO.

2026-08-13
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certi.news Editorial Team
Maritime Satellite Services Revenue Could Reach $3.79 Billion by 2035

The maritime satellite communications market is entering a new phase of growth, with Novaspace expecting global maritime satellite services revenue to increase from $2.28 billion in 2025 to $3.79 billion by 2035. The 14th edition of its Maritime Satellite Communications report attributes this expansion primarily to the accelerated adoption of satellite services in non-geostationary orbits (NGSO), along with the growing need for continuous connectivity among commercial and leisure fleets.

The report indicates that the number of vessels equipped with VSAT technology will exceed 600,000 by 2035. This growth will not be limited to large vessels; smaller vessels are increasingly adopting broadband communications to support digital operations, regulatory compliance, crew welfare, safety, and operational efficiency.

Surge in Demand for Capacity

As digital transformation accelerates across the maritime sector, demand for satellite capacity is expected to increase approximately fivefold over the next decade, from 500 gigabits per second currently to around 2.5 terabits per second in 2035. This reflects growing reliance on applications requiring high bandwidth across various maritime activities.

Vishal Patel, a senior consultant at Novaspace, said that NGSO networks have fundamentally changed the economics and performance of maritime connectivity. He added that over the next decade they will become the backbone of maritime communications, thanks to higher capacity, lower latency, more flexible services, and an improved user experience for vessel operators worldwide.

Expected Dominance of NGSO Services

The report identifies NGSO adoption as the primary driver of the market’s transformation. Although deployment timelines have been affected to a limited extent by delays to Amazon’s low Earth orbit constellation, the report expects NGSO services revenue to reach $3.25 billion by 2035.

Lower-cost terminals, ease of installation, improved network performance, and increasing competition among service providers are helping accelerate adoption across vessel categories. NGSO services accounted for 48% of maritime satellite services revenue in 2025, while their share is expected to rise to 86% by 2035. NGSO systems are also projected to provide approximately 98% of total maritime satellite capacity demand.

Hybrid Networks Instead of Excluding GEO

Despite the shift toward NGSO, the report does not expect geostationary satellite (GEO) networks to disappear. Many commercial operators are adopting multi-orbit strategies that combine GEO and NGSO to improve resilience, expand global coverage, and ensure service continuity. Rather than fully replacing GEO, the market is moving toward hybrid and integrated network architectures.

Report Scope

The Novaspace report covers five main sectors in the maritime satellite communications market:

  • Commercial shipping.
  • Passenger vessels.
  • Leisure vessels.
  • Fishing vessels.
  • Offshore oil and gas.

The report analyzes market trends, competitive dynamics, satellite operators, maritime service providers, equipment suppliers, regulatory developments, pricing, capacity demand, and value-added services. Each sector also includes a five-year historical analysis and ten-year forecasts covering the addressable market, equipped and active vessels, average revenue per user, bandwidth demand, capacity utilization, and services and capacity revenue.

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What you need to know

Novaspace expects global maritime satellite communications services revenue to rise from $2.28 billion in 2025 to $3.79 billion by 2035. This growth is driven by the expansion of NGSO networks and demand for continuous connectivity, as operators move toward hybrid networks combining GEO and NGSO.

  • The report expects the number of vessels equipped with VSAT services to exceed 600,000 by 2035.
  • Demand for maritime satellite capacity could increase fivefold, from 500 gigabits per second to approximately 2.5 terabits per second by 2035.
  • NGSO services revenue is expected to reach $3.25 billion, with its share of maritime services revenue rising from 48% in 2025 to 86% in 2035.
  • The report does not expect GEO to disappear, but sees a shift toward multi-orbit hybrid architectures to improve resilience, coverage, and service continuity.
  • The report covers commercial shipping, passenger vessels, leisure vessels, fishing vessels, and the offshore oil and gas sector.

FAQ

What is the expected maritime satellite services revenue in 2035?

Novaspace expects it to reach $3.79 billion globally.

What do NGSO services mean in the article?

They are satellite services provided through non-geostationary Earth orbits, which the report expects to become the main driver of maritime communications growth.

Will GEO satellites' role disappear?

No. The report expects them to continue being used as part of hybrid networks combining GEO and NGSO.

Which maritime sectors does the report cover?

It covers commercial shipping, passenger vessels, leisure vessels, fishing vessels, and offshore oil and gas.

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