The Journal of Space Commerce

The Journal of Space Commerce

GEO Satellite Market to Reach $8.28 Billion by 2031

Driven by Increasing Demand from Military, Broadcasters

Tom Patton's avatar
Tom Patton
Oct 22, 2024
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The market for geostationary satellites is projected to grow to $8.28 billion by 2031, according to a new report from The Insight Partners. The report credits the growth forecast to the rising demand for satellite-based military communications and broadcasting.

The geostationary satellites market size is expected to reach $ 8.28 billion by 2031, up from …

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