Healthy Growth Forecast in the Satellite Communications Market

Compound Annual Growth Rate Could Hit Nearly 13 Percent Through 2033

May 13, 2025

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The global satellite communications (SATCOM) market is expected to reach a size of approximately $75 billion by the end of 2033. According to a report from Orion Market Research, that translates to a Compound Annual Growth Rate (CAGR) of 12.8 percent through the period.

The satellite communications market is experiencing rapid growth, driven by increasin…

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