Information Technology
China's NTN and D2C Market Set for Rapid Expansion Amid Mega-Constellation Plans
Active satellites in orbit are expected to increase from over 17,000 in 2025 to over 48,000 by 2032, representing a Compound Annual Growth Rate (CAGR) of 17.6%. Over 35% of these satellites are anticipated to come from the 'big three' Chinese Low-Earth Orbit (LEO) networks, including Honghu-3, which has not launched any satellites in orbit yet. With support from national space networks anticipated in the future, China's direct-to-cellular (smartphone) and direct-to-device (IoT) opportunities lie in its large existing base of smartphone users and proliferation of IoT devices. These value-added services will ensure users remain connected to the domestic network during outages and natural disasters while also providing coverage overseas when traveling or operating beyond China's terrestrial coverage.
"While the Chinese market shows growth potential supported by emerging mega-constellations, commercial opportunities are expected to be dominated by local players such as Spacesail, China Satellite Network Group's Guowang, and the upcoming Hongqing Technology's Honghu-3, which are largely supported by China Aerospace Science and Technology Corporation (CASC) as the market remains largely closed to foreign space services due to ongoing national security and regulatory requirements," said Kong. "As more private and commercial players emerge in the market, we'll be expecting to see higher levels of investments, competition, and collaboration in the space sector."
These findings are from ABI Research's China's Space Market and NTN Frontier: Company Profiles & Market Insights report, part of the company's Space Technologies and Innovation research service, which includes research, data, and ABI Insights.
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