The Journal of Space Commerce

The Journal of Space Commerce

Healthy Growth Forecast in the Satellite Communications Market

Compound Annual Growth Rate Could Hit Nearly 13 Percent Through 2033

Tom Patton's avatar
Tom Patton
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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