This is a customer submitted press release. Submit your press release.
New analysis from Novaspace outlines the scale, urgency, and investment potential of closing the global access gap.
Paris, FR – May 2, 2025 – Novaspace today released the third edition of Universal Broadband Access, highlighting satellite’s unique role in expanding global connectivity. As of 2024, satellite broadband services can reach more than 780 million people—unlocking an addressable market opportunity of over $320 billion through 2033.
“Satellite services are essential for achieving universal access, especially in areas where terrestrial networks are impractical,” says report lead author and Novaspace Manager, Sumaiya Najarali. “The importance of universal access lies in its potential to empower marginalized populations, create new economic opportunities, and improve access to vital services like healthcare and education.”
In 2024, more than 2.6 billion people remain offline (about one-third of the global population). Most live within mobile broadband coverage but stay unconnected due to cost, limited digital skills, and low awareness. As satellites become more affordable and flexible, it’s helping reach those still left out, especially in areas where traditional networks have stalled.
The shift is already underway. Between 2021 and 2024, the number of satellite broadband users doubled to 100 million, spurred by the rise of NGSO constellations, including successful platforms like Starlink. Prices for satellite capacity have fallen by 90% in markets concentrated with high-throughput satellite capacity, enabling more accessible pricing and broader adoption.
Looking ahead, satellite’s addressable market is expected to remain between 650–750 million users through 2033, driven increasingly by people living in underserved areas with inadequate terrestrial connectivity. With breakthroughs in software-defined systems, AI-assisted networking, and…
Read the full article here