The Journal of Space Commerce

The Journal of Space Commerce

Demand for Satellites will Grow Through 2026: Report

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Tom Patton
Aug 29, 2022
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The global demand for satellites and launch systems is expected to grow from $20.49 billion in 2021 to $21.76 billion in 2022 at a compound annual growth rate (CAGR) of 6.2%, and to $28.00 billion in 2026 at a CAGR of 6.5%.

According to a new report from ResearchandMarkets, major players in the satellite manufacturing and launch systems market are Northr…

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