NGSO solutions positioned to capture 97% market share by 2034, driven by Starlink growth.
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Combining Europe’s strengths in R&D with the Middle East’s ability to deploy capital at scale would benefit both regions.
These historic budget cuts mark a turning point for US space ambitions, targeting Artemis programmes plagued by unsustainable cost overruns.
Starlink’s growth signals a strategic shift as SpaceX evolves from a launch provider to a diversified operator reshaping the commercial space landscape.
The satellite broadband market is expected to sustain an addressable user base of 650 to 750m through 2033.
The UAE’s Space Symposium presence underscores its commitment to global collaboration and advancing space innovation and sustainability.
Government investment remains a key factor in driving growth, with global military space budgets exceeding $64bn.
Defence spending has driven government space budgets to historic highs.
The smallsat market is expected to reach a value of $113.3bn driven by strategic investments and emerging technologies.
In 2024, investments over $1.7bn, and the availability of 20+ satellite-compatible smartphones accelerated the sector's growth.
